Mazda 2014 Annual Report Download - page 46

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Millions of yen
Thousands of
U.S. dollars
(Note 1)
2014 2013 2014
Net sales ¥2,692,238 ¥2,205,270 $26,138,233
Cost and expenses:
Cost of sales 1,993,643 1,729,296 19,355,757
Selling, general and administrative expenses 516,474 422,038 5,014,311
2,510,117 2,151,334 24,370,068
Operating income 182,121 53,936 1,768,165
Other income/(expenses):
Interest and dividend income 2,846 2,948 27,631
Interest expense (12,975) (14,062) (125,971)
Equity in net income of affiliated companies 9,677 10,090 93,951
Other, net (Note 13) (84,260) (13,811) (818,058)
(84,712) (14,835) (822,447)
Income before income taxes 97,409 39,101 945,718
Income taxes (Note 14):
Current 15,655 16,231 151,990
Deferred (51,745) (11,606) (502,379)
(36,090) 4,625 (350,389)
Income before minority interests 133,499 34,476 1,296,107
Minority interests in consolidated subsidiaries (2,200) 172 (21,359)
Net income ¥ 135,699 ¥ 34,304 $ 1,317,466
Millions of yen
Thousands of
U.S. dollars
(Note 1)
2014 2013 2014
Income before minority interests ¥133,499 ¥34,476 $1,296,107
Other comprehensive income/(loss):
Net unrealized gain/(loss) on available-for-sale securities 751 542 7,291
Deferred gains/(losses) on hedges 13,689 (11,366) 132,903
Foreign currency translation adjustments 1,206 (4,497) 11,709
Pension adjustments recognized by foreign consolidated
subsidiaries —(1,080) —
Adjustments for retirement benefit 1,369 —13,291
Share of other comprehensive income/(loss) of affiliates
accounted for using equity method 16,825 10,337 163,349
Total other comprehensive income/(loss) 33,840 (6,064) 328,543
Comprehensive income ¥167,339 ¥28,412 $1,624,650
Comprehensive income/(loss) attributable to:
Shareholders of Mazda Motor Corporation 168,266 26,891 1,633,650
Minority shareholders (927) 1,521 (9,000)
Consolidated Statements of Income Consolidated Statements of Comprehensive Income
Yen
U.S. dollars
(Note 1)
Amounts per share of common stock:
Net income/(loss) (Note 2)
Basic ¥45.40 ¥11.48 $0.44
Cash dividends applicable to the year 1.00 —0.01
See accompanying notes.
Consolidated Statements of Income and Comprehensive Income Mazda Motor Corporation and Consolidated Subsidiaries
Years ended March 31, 2014 and 2013
44
Mazda Annual Report 2014
CONTENTS
Foundations Underpinning
Sustainable Growth
Financial Section
Review of Operations
Message from Management
Introduction
Brand Value Management