The following tables provide a reconciliation of the changes in the projected benefit obligation and its allocation by major countries as at December 31, the measurement date preceding the fiscal year end: page 126 Bombardier Inc. Annual Report 2003-04 NOTE 23. EMPLOYEE FUTURE BENEFITS (CONT ’ D) The reconciliation of the funded status of the benefit plans other than pensions to the amounts recorded on the consolidated balance sheets was as follows: $^{(1)}$For the year ended January 31, 2003, the accrued benefit liability includes $9 million for the Canadian plans and $4 million for the foreign plans relating to the recreational products segment.  These amounts are presented in liabilities related to assets held for sale. The following table provides the accrued benefit asset (liability) recognized in the consolidated balance sheets as at January 31: Amounts recognized 2004 2003 CANADA FOREIGN TOTAL CANADA FOREIGN TOTAL Accrued benefit asset Pension plans $ 373 $ 125 $ 498 $ 143 $ 122 $ 265 Accrued benefit liability Pension plans (39) (884) (923) (77) (812) (889) Other (256) (57) (313) (202) (60) (262) $(295) $(941) $(1,236) $(279) $(872) $(1,151) Funded status 2004 2003 CANADA FOREIGN TOTAL CANADA FOREIGN TOTAL Deficit $(302) $ (68) $ (370) $(241) $ (72) $ (313) Unamortized net actuarial loss 46 11 57 26 8 34 Unamortized past service costs (1) – (1) 3 – 3 Benefits paid in January 1 – 1 1 – 1 Accrued benefit liability (1) $(256) $ (57) $ (313) $(211) $ (64) $ (275) Projected benefit obligation 2004 2003 CANADA FOREIGN TOTAL CANADA FOREIGN TOTAL Obligation at beginning of year $ 241 $ 72 $ 313 $ 203 $ 69 $ 272 Current service cost 12 2 14 11 2 13 Interest cost 16 4 20 15 5 20 Plan amendments 34 – 34 2 – 2 Actuarial loss 37 5 42 26 3 29 Benefits paid (13) (6) (19) (12) (6) (18) Divestitures (13) – (13) – – – Curtailment (12) (1) (13) (4) – (4) Effect of exchange rate changes – (8) (8) – (1) (1) Obligation at end of year $ 302 $ 68 $ 370 $ 241 $ 72 $ 313 Canada $ 302 $ 241 United States 55 60 United Kingdom 13 12 $ 370 $ 313