Epson 2005 Annual Report Download - page 38

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39Seiko Epson Annual Report 2005
Financial Section
Contents
Management’s Discussion and
Analysis of Financial Condition and
Results of Operations . . . . . . . . . . . . . . . . . . . 40
Consolidated Balance Sheets . . . . . . . . . . . . . 52
Consolidated Statements of Income . . . . . . . . . 54
Consolidated Statements of Changes in
Shareholders’ Equity . . . . . . . . . . . . . . . . . . . 55
Consolidated Statements of Cash Flows . . . . . 56
Notes to Consolidated Financial Statements . . 57
Report of Independent Auditors . . . . . . . . . . . . 79