Olympus 2004 Annual Report Download - page 34

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3 2 O LYMPUS 2 0 0 4
Thousands of
M illions of yen U.S. dollars
2 0 0 4 2 0 0 3 2 0 0 2 2 0 0 4
Net sales ................................................................................... ¥ 6 3 3 ,6 2 2 ¥ 5 6 4,343 ¥ 5 2 8 ,4 1 5 $ 5,760,200
Co st o f sales............................................................................... 3 3 5 ,0 5 3 293,532 308,637 3,045,936
G ro ss pro fit................................................................................ 2 9 8 ,5 6 9 270,811 219,778 2,714,264
Selling, g eneral and administrative expenses ................................... 235,572 208,465 177,495 2,141,564
O perating inco me ....................................................................... 6 2 ,9 9 7 6 2 , 3 4 6 4 2 , 2 8 3 572,700
O THER IN CO ME (EXPENSES):
Interest expense, net .................................................................. (4,621) (6 ,0 8 3 ) (8 ,5 9 6 ) (42,009)
G ain (lo ss) o n marketable and investment securities, net................... 1 ,7 4 9 (8,112) (10,430) 15,900
Fo reign currency exchange gain (lo ss), net .................................... 1 ,1 2 3 (1 ,2 3 5 ) (3 , 8 5 9 ) 10,209
Net g ain (lo ss) o f investment in affiliated companies
carried o n the equity metho d ..................................................... (1 ,5 7 0 ) 46 376 (14,273)
G ain on the release fro m the substitutional po rtion of the
government’s W elfare Pension Insurance Scheme .......................... 8 ,5 8 4 — —78,036
Loss o n settlement o f swap co ntracts ............................................. (5 ,4 4 7 ) ——(49,518)
O ther, net ................................................................................ (2,614) (3 ,9 6 8 ) 6 6 8 (23,763)
To ta l ............... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. (2 ,7 9 6 ) (19,352) (21,841) (25,418)
Inco me befo re provisio n fo r inco me taxes ........................................ 6 0 ,2 0 1 4 2 ,9 9 4 2 0 ,4 4 2 547,282
PRO VISIO N FO R IN CO ME TAXES:
Curre nt................................................................. .. .. .. .. .. .. .. .. .. . 1 6 ,3 9 0 2 4 ,4 8 3 1 5 ,2 3 8 149,000
Deferre d ...................... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 1 0 ,2 4 7 (5 ,8 3 7 ) (5 ,0 7 5 ) 9 3 ,1 5 5
To ta l ............... .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 2 6 ,6 3 7 1 8 , 6 4 6 1 0 , 1 6 3 242,155
Net inco me ................................................................................ ¥ 3 3 ,5 6 4 ¥ 2 4 ,3 4 8 ¥ 10,2 7 9 $ 3 0 5 ,1 2 7
Yen U.S. dollars
AMO UNTS PER SHARE O F CO MMO N STO CK:
Earnings per share— Basic net inco me ........................................... ¥ 1 26.96 ¥ 9 1 .8 8 ¥ 3 8 .8 7 $1.154
CASH DIVIDEN DS, APPLICABLE TO THE YEAR—
Actual .................................................................. .. .. .. .. .. .. .. .. .. . ¥ 1 5 .0 0 ¥ 1 4 .0 0 ¥ 1 3 .0 0 $0.136
See accompanying notes to consolidated financial statements.
CO N SO LIDATED STATEMEN TS O F IN CO ME
O lympus Corporation and Consolidated Subsidiaries
For the years ended M arch 31 , 20 04, 20 0 3 and 20 0 2
olympus ar04 fs-07/06K 04.8.4 14:30 ページ 32