Epson 2011 Annual Report Download - page 47

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46
Consolidated Statements of Income
The accompanying notes are an integral part of these financial statements.
Thousands of U.S.
dollars
Net s ales ¥985,363 ¥973,663 $11,709,717
Cost of sales 725,894 710,700 8,547,204
Gross profit 259,469 262,963 3,162,513
Selling, general and administrative expenses 241,241 230,253 2,769,140
Operating income 18,227 32,709 393,373
Non-operating income:
Interest income 1,259 938 11,280
Rent income 1,014 1,562 18,785
Amortization of negative goodwill 1,368 708 8,514
Other 4,084 3,741 45,016
Total non-operating income 7,726 6,951 83,595
Non-operating expenses:
Interest expens es 5,070 4,225 50,811
Foreign exchange losses 5,076 1,239 14,900
Rent expenses on real estates 613 944 11,352
Other 1,318 2,076 24,993
Total non-operating expenses 12,078 8,485 102,056
Ordinary income 13,875 31,174 374,912
Extraordinary income:
Gain on sales of noncurrent assets 595 2,274 27,348
Reversal of provision for product warranties 87 873 10,499
Gain on transfer of business - 513 6,169
Other 1,394 490 5,917
Total extraordinary income 2,078 4,152 49,933
Extraordinary loss:
Loss on disaster - 4,755 57,185
Business structure improvement expenses - 9,909 119,170
Provision for loss on litigation - 2,013 24,209
Other 16,753 3,267 39,303
Total extraordinary los s es 16,753 19,945 239,867
Inco me (lo s s ) before in co me taxes an d minority
in teres ts (799) 15,381 184,978
Income taxes -current 13,740 9,121 109,692
Income taxes -deferred 5,249 (4,149) (49,897)
Total income taxes 18,989 4,971 59,795
Income (los s ) before minority interes ts (19,789) 10,409 125,183
M in o rity interes ts in income 1 170 2,045
Net income (los s) (¥19,791) ¥10,239 $123,138
Millions of yen
March 31,
2011
March 31,
2010
March 31,
2011