Epson 2012 Annual Report Download - page 49

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48
Consolidated Statements of Income
The accompanying notes are an integral part of these financial statements.
Thousands of U.S.
dollars
March 31,
2011
March 31,
2012
March 31,
2012
Net s ales ¥973,663 ¥877,997 $10,682,528
Cos t of s ales 710,700 629,151 7,654,837
Gross profit 262,963 248,846 3,027,691
Selling, general and administrative expenses 230,253 224,219 2,728,069
Operating income 32,709 24,626 299,622
Non-operating income:
Interes t income 938 1,110 13,505
Rent income 1,562 1,549 18,846
Foreign exchange gains －1,396 16,985
Insurance income 360 977 11,887
Other 4,089 3,683 44,848
Total non-operating income 6,951 8,718 106,071
Non-operating expenses
Interes t expens es 4,225 3,573 43,472
Foreign exchange losses 1,239 －0
Rent expens es on real es tates 944 1,009 12,276
Other 2,076 1,739 21,171
Total non-operating expens es 8,485 6,322 76,919
Ordinary income 31,174 27,022 328,774
Extraordinary income:
Gain on sales of noncurrent assets 2,274 809 9,843
Insurance income 118 1,252 15,232
Gain on revision of retirement benefit plan －364 4,428
Reversal of provision for product warranties 873 －－
Gain on transfer of business 513 －－
Other 372 216 2,654
Total extraordinary income 4,152 2,643 32,157
Extraordinary loss :
Loss on disaster 4,755 2,125 25,854
Loss on litigation －6,052 73,634
Loss on transfer of subsidiary's equity －2,024 24,625
Business structure improvement expenses 9,909 －－
Provision for loss on litigation 2,013 －－
Other 3,267 3,841 46,747
Total extraordinary los ses 19,945 14,043 170,860
Income before income taxes and minority
interes ts 15,381 15,622 190,071
Income taxes -current 9,121 10,622 129,249
Income taxes -deferred (4,149) (218) (2,652)
Total income taxes 4,971 10,404 126,597
Income before minority interes ts 10,409 5,217 63,474
Minority interes ts in income 170 185 2,251
Net income ¥10,239 ¥5,032 $61,223
Millions of yen