Honda 2011 Annual Report Download - page 62

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Years ended March 31, 2009, 2010 and 2011
Yen U.S. dollars
(millions) (millions)
2009 2010 2011 2011
Net sales and other operating revenue ¥10,011,241 ¥8,579,174 ¥8,936,867 $107,479
Operating costs and expenses:
Cost of sales 7,419,582 6,414,721 6,496,841 78,134
Selling, general and administrative 1,838,819 1,337,324 1,382,660 16,629
Research and development 563,197 463,354 487,591 5,864
9,821,598 8,215,399 8,367,092 100,627
Operating income 189,643 363,775 569,775 6,852
Other income (expenses):
Interest income 41,235 18,232 23,577 284
Interest expense (22,543) (12,552) (8,474) (102)
Other, net (46,601) (33,257) 45,670 549
(27,909) (27,577) 60,773 731
Income before income taxes and equity in income of affiliates 161,734 336,198 630,548 7,583
Income tax expense:
Current 68,062 90,263 76,647 922
Deferred 41,773 56,606 130,180 1,565
109,835 146,869 206,827 2,487
Income before equity in income of affiliates 51,899 189,329 423,721 5,096
Equity in income of affiliates 99,034 93,282 139,756 1,681
Net income 150,933 282,611 563,477 6,777
Less: Net income attributable to noncontrolling interests 13,928 14,211 29,389 354
Net income attributable to Honda Motor Co., Ltd. ¥ 137,005 ¥ 268,400 ¥ 534,088 $ 6,423
Yen U.S. dollars
2009 2010 2011 2011
Basic net income attributable to
Honda Motor Co., Ltd. per common share ¥75.50 ¥ 147.91 ¥ 295.67 $ 3.56
60
Consolidated Statements of Income