Casio 2005 Annual Report Download - page 21

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19
ANNUAL REPORT 2005
Millions of Yen
2005 2004 2003 2002 2001 2000
For the year:
Net sales................................................................................... ¥559,006 ¥523,528 ¥440,567 ¥382,154 ¥443,930 ¥410,338
Cost of sales ............................................................................. 398,186 377,422 315,530 284,093 315,207 281,772
Selling, general and administrative expenses ............................. 105,164 104,428 93,009 94,394 98,850 96,751
Research and development expenses ........................................ 16,616 14,187 14,114 14,085 11,968 12,338
Operating income (loss) ............................................................ 39,040 27,491 17,914 (10,418) 17,905 19,477
Net income (loss) ...................................................................... 21,534 14,176 5,647 (24,928) 6,547 6,173
Capital investment.................................................................... 17,782 16,213 11,168 15,737 30,278 35,546
Depreciation ............................................................................ 15,370 14,655 14,621 14,465 22,065 30,220
At year-end:
Current assets .......................................................................... 329,948 329,787 300,212 281,985 288,304 312,315
Current liabilities ...................................................................... 196,089 178,340 161,568 166,026 144,272 182,562
Working capital ........................................................................ 133,859 151,447 138,644 115,959 144,032 129,753
Shareholders’ equity ................................................................. 162,271 144,403 131,957 134,317 162,375 169,634
Total assets .............................................................................. 495,743 496,039 459,113 449,224 445,883 507,105
Amounts per share of common stock (in yen):
Net income (loss) ...................................................................... ¥80.27 ¥51.99 ¥20.27 ¥(91.82) ¥24.11 ¥22.73
Diluted net income ................................................................... 76.47 51.23 20.10 — 23.72 22.41
Cash dividends applicable to the year ....................................... 17.00 15.00 12.50 12.50 12.50 12.50
Performance indicators:
Return on equity (%) ................................................................ 14.0 10.3 4.2 (16.8) 3.9 3.6
Return on assets (%) ................................................................ 4.3 3.0 1.2 (5.6) 1.4 1.2
Shareholders’ equity ratio (%) .................................................. 32.7 29.1 28.7 29.9 36.4 33.5
Interest coverage (times) ........................................................... 26.8 11.8 6.2 (2.9) 5.6 5.3
Assets turnover (times) ............................................................. 1.1 1.1 1.0 0.9 0.9 0.8
Inventories turnover (months) ................................................... 1.9 2.0 2.7 3.2 3.4 3.4
Other:
Number of employees............................................................... 12,140 11,637 11,481 14,670 18,119 19,325
Consolidated Six-Year Summary
Years ended March 31 Casio Computer Co., Ltd. and Subsidiaries