Honda 2010 Annual Report Download - page 58

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Honda Motor Co., Ltd. and Subsidiaries
Years ended March 31, 2008, 2009 and 2010
Yen U.S. dollars
(millions) (millions)
2008 2009 2010 2010
Net sales and other operating revenue ¥12,002,834 ¥10,011,241 ¥8,579,174 $92,210
Operating costs and expenses:
Cost of sales 8,543,170 7,419,582 6,414,721 68,946
Selling, general and administrative 1,918,596 1,838,819 1,337,324 14,374
Research and development 587,959 563,197 463,354 4,980
11,049,725 9,821,598 8,215,399 88,300
Operating income 953,109 189,643 363,775 3,910
Other income (expenses):
Interest income 50,144 41,235 18,232 196
Interest expense (16,623) (22,543) (12,552) (135)
Other, net (90,789) (46,601) (33,257) (358)
(57,268) (27,909) (27,577) (297)
Income before income taxes and equity in income of affiliates 895,841 161,734 336,198 3,613
Income tax expense:
Current 356,095 68,062 90,263 970
Deferred 31,341 41,773 56,606 608
387,436 109,835 146,869 1,578
Income before equity in income of affiliates 508,405 51,899 189,329 2,035
Equity in income of affiliates 118,942 99,034 93,282 1,003
Net income 627,347 150,933 282,611 3,038
Less: Net income attributable to noncontrolling interests 27,308 13,928 14,211 153
Net income attributable to Honda Motor Co., Ltd. ¥ 600,039 ¥ 137,005 ¥ 268,400 $ 2,885
Yen U.S. dollars
2008 2009 2010 2010
Basic net income attributable to
Honda Motor Co., Ltd. per common share ¥330.54 ¥ 75.50 ¥ 147.91 $ 1.59
56
Consolidated Statements of Income