Isuzu 2002 Annual Report Download - page 20

Download and view the complete annual report

Please find page 20 of the 2002 Isuzu annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 34

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34

ISUZU MOTORS LIMITED ANNUAL REPORT 2002
18
Consolidated Statements of Operations
For the years ended March 31, 2002, 2001 and 2000
Thousands of
Millions of Yen U.S. Dollars
2002 2001 2000 2002
Net Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥1,597,701 ¥1,569,199 ¥1,506,642 $11,990,254
Cost of Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,355,190 1,343,166 1,297,291 10,170,287
Gross Profit . . . . . . . . . . . . . . . . . . . . . . . . . . 242,510 226,032 209,350 1,819,967
Selling, General and Administrative
Expenses (Notes 6, 11) . . . . . . . . . . . . . . . . . . 227,376 253,349 260,147 1,706,388
Operating Income (Loss) . . . . . . . . . . . . . . . 15,134 (27,316) (50,797) 113,579
Other Income (Expenses):
Interest and dividend income . . . . . . . . . . . . 4,145 5,318 4,902 31,114
Gain on sales of marketable securities . . . . ––4,371 –
Interest expense . . . . . . . . . . . . . . . . . . . . . . (21,848) (23,522) (21,924) (163,964)
Equity in earnings of unconsolidated
subsidiaries and affiliates . . . . . . . . . . . . . . (2,211) (1,149) (900) (16,598)
Others, net . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,794 (766) (3,699) 20,973
Loss before Special Items . . . . . . . . . . . . . . . (1,984) (47,435) (68,047) (14,896)
Special Items:
Gain on sales or disposal of property,
plant and equipment, net . . . . . . . . . . . . . . 5,526 5,306 27,097 41,472
Gain on sales of investments . . . . . . . . . . . . 7,878 1,017 1,192 59,129
Loss on revaluation of investments . . . . . . . (15,209) (17,006) (7,333) (114,143)
Retirement reserve provision of past years . . ––(93,526) –
Severance benefits of early retirement plan . .
(14,475) ––(108,636)
Others, net . . . . . . . . . . . . . . . . . . . . . . . . . . . (10,241) (15,181) (10,320) (76,861)
Loss before Income Taxes
and Minority Interests . . . . . . . . . . . . . . . . . (28,506) (73,300) (150,937) (213,935)
Income Taxes (Note 6)
Current . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,616 4,149 1,876 42,152
Deferred . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,532 (5,197) (47,640) 71,541
Minority Interests in Income of
Consolidated Subsidiaries . . . . . . . . . . . . . . . 664 5,466 987 (4,989)
Net Loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥(42,991) ¥(66,787) ¥ (104,186) $(322,639)
Yen U.S. Dollars
Net Loss per Share . . . . . . . . . . . . . . . . . . . . . . ¥(33.68) ¥(52.76) ¥(82.48) $(0.25)
See accompanying notes to consolidated financial statements.