J Other current assets G Inventories Accounts receivable-other included in “Other” as current  assets under Japanese GAAP has been included in “Trade and  other receivables” under IFRS. “Allowance for doubtful accounts” presented separately in  current assets under Japanese GAAP has been included in  “Trade and other receivables” under IFRS. (Recognition and measurement) Certain provisions for 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. As a result, the amount of  “Trade and other receivables” has increased. (Presentation) Accounts receivable-other included in “Other” as current  assets under Japanese GAAP have been included in “Trade  and other receivables” under IFRS. Income tax receivable included in “Other” as current assets  under Japanese GAAP has been presented separately as  “Income tax receivable” under IFRS. Advances paid and deposits paid included in “Other” as  current assets under Japanese GAAP have been included in  “Other financial assets” (current) under IFRS. (Presentation) “Merchandise and finished goods”, “Work in progress” and  “Raw materials and supplies”, which were presented sepa- rately under Japanese GAAP, are presented together as  “Inventories” under IFRS. (Recognition and measurement) With regard to the cost formula of inventories, the Company  and its domestic subsidiaries were mainly using the average  method. However, the Group applied the first-in, first-out (FIFO)  method under IFRS. As a result, the amount of “Inventories”  has increased. (Presentation) K Cash and cash equivalents H Trade and other receivables (Presentation) Time deposits with maturities over three months included in  “Cash and deposits” under Japanese GAAP have been  included in “Other financial assets” (current) under IFRS. Securities with maturities less than three months were  included in “Securities” as current assets under Japanese  GAAP. However, securities satisfying the classification require- ments to be recognised as cash equivalents are included in  “Cash and cash equivalents” under IFRS. (Presentation) Assets held for sale included in “Property, plant and equip- ment, net” under Japanese GAAP have been reclassified and  presented separately as “Assets held for sale” under IFRS. L Assets held for sale I Other financial assets (current) (Presentation) Time deposits with maturities over three months included in  “Cash and deposits” under Japanese GAAP have been  included in “Other financial assets” (current) under IFRS. Securities with maturities less than three months were  included in “Securities” as current assets under Japanese  GAAP. However, securities other than cash equivalents are  included in “Other financial assets” (current) under IFRS. Advances paid and deposits paid included in “Other” as  current assets under Japanese GAAP have been included in  “Other financial assets” (current) under IFRS. Financial Section 153 Annual Report 2014 _  Astellas Pharma Inc.  M Retained earnings (Recognition and measurement) As of 1 April 2012 (Millions of yen) Property, plant and equipment (refer to A) ¥ (4,802) Other intangible assets (refer to B) 147,078 Inventories (refer to G) 1,223 Foreign currency translation adjustments (refer to N) (147,167) Retirement benefit liabilities (refer to Q) (7,783) Allowance for repair and maintenance (refer to U) 1,046 Accrued paid absences (refer to y) (5,327) Other 90 Sub total (15,642) Adjustment of tax effect (30,960) Total adjustments to retained earnings ¥ (46,602)