Under Japanese GAAP, unquoted equity shares are stated  at cost calculated by mainly using the moving average  method. However, under IFRS, unquoted equity shares are  measured at fair value. As a result, there has been an increase  of ¥6,034 million in “Other components of equity”. (Presentation) Long-term accounts payable-other included in “Other” as non- current liabilities under Japanese GAAP have been included in  “Trade and other payables” (non-current) under IFRS. (Recognition and measurement) Deferred tax liabilities are recognised for the temporary  differences resulting from the reconciliations to IFRS. Under Japanese GAAP, the deferred tax assets and liabilities  were offset only within the categories of short-term or long- term items. However, the amount of the offset increased  because all deferred tax assets and liabilities are classified as  non-current items under IFRS. As a result, the amount of  “Deferred tax liabilities” decreased. (Recognition and measurement) With regard to actuarial gains and losses, under Japanese  GAAP, the Group mainly amortised them on a straight-line  basis from the following year in which they were incurred over  the average remaining service years of employees. However,  under IFRS, the Group fully recognises the actuarial gains and  losses when incurred in other comprehensive income as  remeasurements of defined benefit plans. As a result,  “Retirement benefit liabilities” has increased by ¥13,210 million. (Presentation) Provisions for onerous contracts included in “Other” as non- current liabilities under Japanese GAAP have been included in  “Provisions” (non-current) under IFRS. (Recognition and measurement) Asset retirement obligations deducted from “Other” comprising  investments and other assets under Japanese GAAP have been  remeasured and recognised as “Provisions” (non-current) under  IFRS. As a result, the amount of “Provisions” (non-current)  has increased. (Presentation) Long-term finance lease liabilities and long-term guaranty  deposits received included in “Other” as non-current liabilities  under Japanese GAAP have been included in “Other financial  liabilities” (non-current) under IFRS. (Presentation) Long-term accounts payable-other included in “Other” as  non-current liabilities under Japanese GAAP have been  included in “Trade and other payables” (non-current) under IFRS. Long-term finance lease liabilities and long-term guaranty  deposits received included in “Other” as non-current liabilities  under Japanese GAAP have been included in “Other financial  liabilities” (non-current) under IFRS. (Presentation) “Accounts payable-other” presented separately as current  liabilities under Japanese GAAP have been included in “Trade  and other payables” (current) under IFRS. Liabilities arising from certain in-licensing agreements were  included in “Other” as current liabilities under Japanese GAAP.  However, they have been included in “Trade and other  payables” (current) under IFRS. (Presentation) Income tax payable included in “Other” as current liabilities  under Japanese GAAP has been presented separately as  “Income tax payable” under IFRS. (Presentation) Liabilities arising from certain sales discounts or rebates  included in “Accrued expenses” or “Other” as current liabilities  under Japanese GAAP have been included in “Provisions”  (current) under IFRS. “Allowance for sales rebates” presented separately as  current liabilities under Japanese GAAP has been included in  “Provisions” (current) under IFRS. (Recognition and measurement) Liabilities for certain sales discounts or returns were deducted  from “Notes and accounts receivable-trade” under Japanese  GAAP. However, they have been included in “Provisions”  (current) under IFRS. Financial Section Annual Report 2014 _  Astellas Pharma Inc.  163 R Retirement benefit liabilities S Provisions (non-current) X Provisions (current) W Income tax payable V Trade and other payables (current) Q Deferred tax liabilities P Trade and other payables (non-current) U Other non-current liabilities T Other financial liabilities (non-current)