Casio 2009 Annual Report Download - page 28

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26 CASIO COMPUTER CO., LTD.
Consolidated Statements of Operations
Years ended March 31, 2009 and 2008 Casio Computer Co., Ltd. and Subsidiaries
Millions of Yen
Thousands of
U.S. Dollars (Note 1)
2009 2008 2009
Net sales (Note 14) .................................................................................................................... ¥518,036 ¥623,050 $5,286,082
Costs and expenses (Note 14):
Cost of sales .......................................................................................................................... 387,701 453,255 3,956,133
Selling, general and administrative expenses .......................................................................... 113,688 117,292 1,160,081
Research and development expenses ..................................................................................... 12,631 14,750 128,888
514,020 585,297 5,245,102
Operating income (Note 14) ..................................................................................................... 4,016 37,753 40,980
Other income (expenses):
Interest and dividends income ................................................................................................ 2,385 2,882 24,337
Interest expenses ................................................................................................................... (853) (1,380) (8,704)
Foreign exchange losses ......................................................................................................... (2,810) (5,832) (28,674)
Loss on abandonment and valuation of inventories ................................................................ —(3,878) —
Loss on abandonment of inventories ...................................................................................... (2,522) —(25,735)
Gain (loss) on sales and retirement of noncurrent assets......................................................... (528) 2,270 (5,388)
Loss on sales and valuation of investment securities ............................................................... (3,765) (574) (38,418)
Impairment loss (Note 17) ...................................................................................................... (630) —(6,429)
Business structure improvement expenses (Note 17) .............................................................. (10,845) —(110,663)
Non-recurring depreciation on noncurrent assets (Note 2) ...................................................... (11,345) —(115,765)
Loss on liquidation of subsidiaries and affiliates ...................................................................... —(1,160) —
Loss on transfer of business ................................................................................................... —(7,922) —
Government grants ................................................................................................................ —540 —
Other ..................................................................................................................................... (2,151) 1,189 (21,949)
(33,064) (13,865) (337,388)
Income (loss) before income taxes and minority interests .................................................... (29,048) 23,888 (296,408)
Income taxes (Note 9):
Current .................................................................................................................................. 3,041 11,157 31,031
Deferred ................................................................................................................................ (2,622) 2,652 (26,755)
419 13,809 4,276
Income (loss) before minority interests .................................................................................. (29,467) 10,079 (300,684)
Minority interests in loss .............................................................................................................. (6,318) (2,109) (64,470)
Net income (loss) ................................................................................................................. ¥ (23,149) ¥ 12,188 $ (236,214)
Yen U.S. Dollars (Note 1)
Amounts per share of common stock:
Net income (loss) ................................................................................................................... ¥(83.62) ¥44.17 $(0.85)
Diluted net income ................................................................................................................ —44.15 —
Cash dividends applicable to the year .................................................................................... 23.00 33.00 0.23
See accompanying notes.