
4.	*Film costs*

Film costs are comprised of the following:


	Yen in millions
	March 31
	2010			2011

Motion picture productions:
Released		114,069			102,415
Completed not released		9,307			14,260
In production and development		135,654			107,811
Television productions:
Released		40,518			40,581
In production and development		2,044			1,688
Broadcasting rights		23,927			24,544
Less: current portion of broadcasting rights included in inventories		(15,454	)		(15,910	)

Film costs		310,065			275,389

Sony estimates that approximately 89% of the unamortized costs of released films at March 31, 2011 will be amortized within the next three years. Approximately 79 billion yen of completed film costs are expected to be amortized during the next twelve months. Approximately 96 billion yen of accrued participation liabilities included in accounts payable, other and accrued expenses are expected to be paid during the next twelve months.