4.	*Film costs*

Film costs are comprised of the following:


	Yen in millions
	March 31
	2013			2014
Motion picture productions:
Released		90,716			98,645
Completed and not released		2,420			37,720
In production and development		111,365			63,910
Television productions:
Released		49,651			56,461
In production and development		2,820			2,664
Broadcasting rights		37,189			48,798
Less: current portion of broadcasting rights included in inventories		(24,072	)		(32,399	)

Film costs		270,089			275,799

Sony estimates that approximately 92% of the unamortized costs of released films at March 31, 2014 will be amortized within the next three years. Approximately 114 billion yen of completed film costs are expected to be amortized during the next twelve months. Approximately 115 billion yen of accrued participation liabilities included in accounts payable, other and accrued expenses are expected to be paid during the next twelve months.