Epson 2009 Annual Report Download - page 30

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29
printer net sales declined. Net sales were ¥998,471 million down 16.3% year over year, while operating
loss was ¥44,478 million versus operating income of ¥20,444 million last year.
The Americas
Amorphous TFT net sales increased, while net sales from inkjet printers, terminal modules, 3LCD
projectors and SIDM printers declined. Net sales were ¥242,881 million, down 13.9% year over year,
while operating income was ¥4,817 million, down 46.0% from the previous year.
Europe
Europe reported lower net sales from inkjet printers, page printers and SIDM printers. Net sales were
¥244,108 million, down 18.5% from the prior year, while operating income was ¥10,170 million, up 76.9%
year over year.
Asia/Oceania
TFD, inkjet printer, CSTN, crystal device, page printer and a-TFT net sales declined. Net sales were
¥609,573 million, down 18.9% from the prior year, while operating income was ¥16,987 million, down
24.4% year over year.
(2) Cash flow performance
Cash flows from operating activities during the year under review were ¥44,253 million. They consisted
primarily of a loss before income taxes and minority interests of ¥89,559 million, ¥78,406 million in
depreciation and amortization, and ¥50,239 million decrease in notes and accounts receivable-trade. Cash
flows from investing activities were ¥61,002 million in outflows, primarily due to ¥60,081 million in
capital expenditures in the electronic devices and information-related equipment segments.Cash flows from
financing activities were negative ¥9,558 million, chiefly due to repayment of lease obligations totaling
¥7,795 million and cash dividends paid totaling ¥6,872 million.
As a result, cash and cash equivalents at end of period was ¥284,340 million.
* Please refer to the following for historical information about Epson’s financial results:
http://www.epson.co.jp/e/IR/investor relations fr archive.htm