Nissan 2007 Annual Report Download - page 52

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Thousands of
Millions of yen U.S. dollars (Note 3)
2006 2005 2004 2006
For the years ended Mar. 31, 2007 Mar. 31, 2006 Mar. 31, 2005 Mar. 31, 2007
Net sales ¥10,468,583 ¥9,428,292 ¥8,576,277 $88,716,805
Cost of sales (Notes 6 and 11) 8,027,186 7,040,987 6,351,269 68,027,000
Gross profit 2,441,397 2,387,305 2,225,008 20,689,805
Selling, general and administrative
expenses (Notes 6 and 11) 1,664,458 1,515,464 1,363,848 14,105,576
Operating income 776,939 871,841 861,160 6,584,229
Other income (expenses):
Interest income 24,313 17,359 14,934 206,042
Interest expense (30,664) (25,646) (26,656) (259,864)
Equity in earnings of unconsolidated
subsidiaries and affiliates 20,187 37,049 36,790 171,076
Other, net (Note 12) (93,343) (91,562) (92,995) (791,042)
(79,507) (62,800) (67,927) (673,788)
Income before income taxes and
minority interests 697,432 809,041 793,233 5,910,441
Income taxes (Note 13):
Current 202,328 274,463 179,226 1,714,644
Deferred 9,834 (20,055) 78,837 83,339
212,162 254,408 258,063 1,797,983
Minority interests (24,474) (36,583) (22,889) (207,407)
Net income (Note 18) ¥ 460,796 ¥ 518,050 ¥ 512,281 $ 3,905,051
See notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF INCOME
Nissan Motor Co., Ltd. and Consolidated Subsidiaries
Fiscal Years 2006, 2005 and 2004
Nissan Annual Report 2006-2007
50
»FINANCIAL SECTION