Honda 2008 Annual Report Download - page 116

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A n n u a l R e p o r t 2 0 0 8
114
Honda Motor Co., Ltd. and Subsidiaries
Years ended or at March 31
1998 1999 2000 2001
Sales, income, and dividends
Net sales and other operating revenue ¥5,999,738 ¥6,231,041 ¥6,098,840 ¥6,463,830
Operating income 456,852 540,978 418,639 401,438
Income before income taxes, minority interest and
equity in income of affiliates 445,583 523,168 419,658 388,419
Income taxes 201,278 229,624 170,434 178,439
Minority interest in income (2,232) (2,657) (3,595) (3,443)
Equity in income of affiliates 18,552 14,158 16,786 25,704
Net income 260,625 305,045 262,415 232,241
As percentage of sales 4.3% 4.9% 4.3% 3.6%
Cash dividends paid during the period 16,563 20,463 20,463 22,412
Research and development 285,863 311,632 334,036 352,829
Interest expense 27,655 27,890 18,920 21,400
Assets, long-term debt, and stockholders’ equity
Total assets ¥4,870,128 ¥5,073,660 ¥4,935,976 ¥5,719,020
Long-term debt 677,750 673,084 574,566 368,173
Total stockholders’ equity 1,607,914 1,763,855 1,930,373 2,230,291
Capital expenditures
(excluding purchase of operating lease assets)
309,517 237,080 222,891 285,687
Purchase of operating lease assets
Depreciation
(excluding property on operating leases)
153,337 177,666 172,139 170,342
Depreciation of property on operating leases
Per common share
Net income:
Basic ¥ 133.74 ¥ 156.52 ¥ 134.65 ¥ 119.17
Diluted 133.72 156.52 134.65 119.17
Cash dividends paid during the period 8.5 10.5 10.5 11.5
Stockholders’ equity 825.07 905.10 990.53 1,144.43
Sales progress
Sales amounts:*
Japan ¥1,710,813 ¥1,556,333 ¥1,612,191 ¥ 1,740,340
29% 25% 26% 27%
Overseas 4,288,925 4,674,708 4,486,649 4,723,490
71% 75% 74% 73%
Total ¥5,999,738 ¥6,231,041 ¥6,098,840 ¥ 6,463,830
100% 100% 100% 100%
Unit sales:
Motorcycles 5,257 4,295 4,436 5,118
Automobiles 2,343 2,333 2,473 2,580
Power Products 2,857 3,412 4,057 3,884
Number of employees 109,400 112,200 112,400 114,300
Exchange rate (yen amounts per U.S. dollar)
Rates for the period-end ¥ 132 ¥ 121 ¥ 106 ¥ 124
Average rates for the period 123 128 112 111
*The geographic breakdown of sales amounts is based on the location of customers.
Financial Summary