Konica Minolta 2007 Annual Report Download - page 46

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44
Thousands of
U.S. dollars
Millions of yen (Note 3)
March 31 March 31
2007 2006 2007
Net Sales ¥1,027,630 ¥1,068,390 $8,705,040
Cost of Sales (Note 8) 532,714 575,163 4,512,613
Gross profit 494,916 493,227 4,192,427
Selling, General and Administrative Expenses (Note 8) 390,909 409,811 3,311,385
Operating income 104,006 83,415 881,033
Other Income (Expenses):
Interest and dividend income 2,316 1,756 19,619
Interest expenses (5,088) (5,427) (43,100)
Foreign exchange gains, net 3,432 5,413 29,072
Gain (loss) on sales and disposals of property, plant and equipment, net 4,484 (2,434) 37,984
Write-down of investment securities (26) (8) (220)
Loss on disposal of inventories (7,054) (7,540) (59,754)
Loss on impairment of goodwill —(2,361) —
Gain on sales of securities, net 2,744 1,107 23,244
Gain on sales of investments in affiliated companies, net 580 549 4,913
Loss on impairment of fixed assets (Note 11) (640) (4,143) (5,421)
Loss on discontinued operations (Note 12) (935) (96,625) (7,920)
Provision for special outplacement program —(6,484) —
Equity in losses of affiliates (160) (2,507) (1,355)
Other, net 1,233 (645) 10,445
Total 884 (119,350) 7,488
Income (loss) before income taxes and minority interests 104,890 (35,934) 888,522
Income Taxes: (Note 7)
Current 27,307 24,650 231,317
Deferred 4,827 (7,116) 40,889
Total 32,135 17,533 272,215
Minority Interests in earnings of consolidated subsidiaries (213) (837) (1,804)
Net Income (loss) ¥ 72,542 ¥ (54,305) $ 614,502
U.S. dollars
Yen (Note 3)
March 31 March 31
2007 2006 2007
Per Share (Notes 9, 18):
Net income (loss)—Basic ¥136.67 ¥(102.29) $1.16
—Diluted 134.00 —1.14
Cash dividends 10 —0.08
The accompanying Notes to the Consolidated Financial Statements are an integral part of these financial statements.
Consolidated Statements of Income
Konica Minolta Holdings, Inc. and Consolidated Subsidiaries
For the fiscal years ended March 31, 2007 and 2006