Konica Minolta 2008 Annual Report Download - page 43

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40
Thousands of
U.S. dollars
Millions of yen (Note 3)
March 31 March 31
2008 2007 2008
Net Sales ¥1,071,568 ¥1,027,630 $10,695,359
Cost of Sales (Note 8) 540,225 532,714 5,392,005
Gross profit 531,343 494,916 5,303,354
Selling, General and Administrative Expenses (Note 8) 411,736 390,909 4,109,552
Operating income 119,606 104,006 1,193,792
Other Income (Expenses):
Interest and dividend income 2,643 2,316 26,380
Interest expenses (4,465) (5,088) (44,565)
Foreign exchange gain (loss), net (7,637) 3,432 (76,225)
Gain (loss) on sales and disposals of property, plant and equipment, net (3,224) 4,484 (32,179)
Write-down of investment securities (313) (26) (3,124)
Write-down of investment in affiliated companies (54) —(539)
Loss on disposal of inventories (7,065) (7,054) (70,516)
Gain on sales of investment securities, net 19 2,744 190
Gain on sales of investments in affiliated companies, net 47 580 469
Loss on impairment of fixed assets (Note 11) (5,702) (640) (56,912)
Gain on discontinued operations (Note 12) 590 —5,889
Loss on discontinued operations (Note 12) —(935) —
Equity in net income (losses) of unconsolidated subsidiaries and affiliates 182 (160) 1,817
Patent-related income (Note 13) 8,080 —80,647
Environmental expenses (1,856) —(18,525)
Other extraordinary losses of overseas subsidiaries (Note 14) (1,731) —(17,277)
Other, net (120) 1,233 (1,198)
Total (20,609) 884 (205,699)
Income before income taxes and minority interests 98,996 104,890 988,083
Income Taxes (Note 7):
Current 29,496 27,307 294,401
Deferred 544 4,827 5,430
Total 30,040 32,135 299,830
Minority Interests in Net Income of Consolidated Subsidiaries 126 213 1,258
Net Income ¥ 68,829 ¥ 72,542 $ 686,985
U.S. dollars
Yen (Note 3)
March 31 March 31
2008 2007 2008
Per Share Data (Notes 9 and 21):
Net income—Basic ¥129.71 ¥136.67 $1.29
—Diluted 122.44 134.00 1.22
Cash dividends 15 10 0.15
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, 2008 and 2007