Pentax 2002 Annual Report Download - page 34

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32
Thousands of
U.S. Dollars
Millions of Yen (Note 1)
2002 2001 2000 2002
NET SALES (Notes 13 and 14) ¥235,265 ¥236,802 ¥201,110 $1,768,910
COST OF SALES (Notes 13 and 14) 134,258 135,319 115,338 1,009,459
Gross profit 101,007 101,483 85,772 759,451
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
(Notes 12, 13 and 14) 57,109 56,355 51,084 429,391
Operating income 43,898 45,128 34,688 330,060
OTHER INCOME (EXPENSES):
Interest and dividend income 490 587 417 3,684
Interest expense (617) (926) (724) (4,639)
Foreign exchange gains (losses)—net 1,033 680 (1,185) 7,767
Gain on sales of investment securities 137 126 264 1,030
Gain on sales of property, plant and equipment 336 268 251 2,526
Loss on sales of investment securities (3,118) (364) (23,444)
Loss on write-down of investment securities (479) (1,214) (398) (3,602)
Loss on disposal of property, plant and equipment (1,529) (986) (571) (11,496)
Equity in earnings of associated companies 533 1,865 1,334 4,008
Amortization of goodwill (Note 3) (469) (14,347) (3,526)
Additional retirement benefits paid to employees (1996) (176) (377) (15,007)
Temporary plant closure expenses (778) (5,850)
Other income (expenses)—net 147 867 (207) 1,106
Other expenses—net (6,310) (13,620) (1,196) (47,443)
INCOME BEFORE INCOME TAXES AND MINORITY INTERESTS
37,588 31,508 33,492 282,617
INCOME TAXES (Note 11):
Current 12,002 14,720 13,033 90,241
Deferred 1,745 (5,170) (365) 13,120
Total income taxes 13,747 9,550 12,668 103,361
MINORITY INTERESTS IN NET INCOME (100) (98) (108) (752)
NET INCOME ¥23,741 ¥21,860 ¥20,716 $ 178,504
Yen U.S. Dollars
2001 2000 1999 2001
PER SHARE OF COMMON STOCK (Note 2):
Net income—basic ¥204.44 ¥188.24 ¥178.39 $1.54
Cash dividends applicable to the year 50.00 50.00 35.00 0.38
See notes to consolidated financial statements.
Hoya Corporation and Consolidated Subsidiaries
March 31, 2002, 2001 and 2000
Consolidated Statements of Income