Olympus 2002 Annual Report Download - page 28

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26
Thousands of
Millions of yen U.S. dollars
2002 2001 2000 2002
NET SALES .......................................................................................... ¥528,415 ¥466,704 ¥428,646 $4,227,320
COST OF SALES.................................................................................... 308,637 271,444 238,728 2,469,096
GROSS PROFIT ..................................................................................... 219,778 195,260 189,918 1,758,224
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES.............................. 177,495 159,764 159,786 1,419,960
OPERATING INCOME ............................................................................. 42,283 35,496 30,132 338,264
OTHER INCOME (EXPENSES):
Interest expense, net..................................................................... (8,596) (9,453) (7,817) (68,768)
Gain (loss) on marketable and investment securities, net ........... (10,430) 408 (1,587) (83,440)
Loss on liquidation of specified fund trusts.................................. —— (16,996) —
Foreign currency exchange gain (loss), net .................................. (3,859) (3,531) 391 (30,872)
Other, net....................................................................................... 1,044 (1,308) 364 8,352
Total .......................................................................................... (21,841) (13,884) (25,645) (174,728)
INCOME BEFORE PROVISION FOR INCOME TAXES ..................................... 20,442 21,612 4,487 163,536
PROVISION FOR INCOME TAXES:
Current........................................................................................... 15,238 9,575 4,331 121,904
Deferred......................................................................................... (5,075) 250 (1,704) (40,600)
Total .......................................................................................... 10,163 9,825 2,627 81,304
NET INCOME........................................................................................ ¥ 10,279 ¥ 11,787 ¥ 1,860 $ 82,232
Yen U.S. dollars
AMOUNTS PER SHARE OF COMMON STOCK:
Earnings per share—Basic net income......................................... ¥ 38.87 ¥ 44.57 ¥ 7.03 $ 0.311
Cash dividends, applicable to the year—
Actual............................................................................................. ¥ 13.00 ¥ 13.00 ¥ 6.50 $ 0.104
See accompanying notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF INCOME
OLYMPUS OPTICAL CO., LTD. AND CONSOLIDATED SUBSIDIARIES
For the years ended March 31, 2002, 2001 and 2000