Pentax 2006 Annual Report Download - page 49

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
Thousands of U.S. Dollars
Millions of Yen (Note 1)
2006 2005 2004 2006
NET SALES ¥344,228 ¥308,172 ¥271,444 $2,930,348
COST OF SALES (Notes 11 and 12) 172,034 158,024 142,683 1,464,493
Gross profit 172,194 150,148 128,761 1,465,855
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
(Notes 7, 11 and 12) 71,098 65,228 60,594 605,244
Operating income 101,096 84,920 68,167 860,611
OTHER INCOME (EXPENSES):
Interest and dividend income 1,795 1,022 558 15,281
Interest expense (142) (87) (189) (1,209)
Foreign exchange gains (losses)—net 243 875 (2,900) 2,069
Equity in earnings of associated companies 1,285 3,708 1,700 10,939
Loss on clarification of soil pollution and others (3,726) (1,980) — (31,719)
Loss on closure of plant (523) (1,264) — (4,452)
Loss on disposal of property, plant and equipment (625) (948) (1,900) (5,321)
Loss on impairment of long-lived assets (Note 5) (1,233) (859) (2,040) (10,496)
Additional retirement benefits paid to employees (Note 7) (1,689) (843) (1,090) (14,378)
Gain on sales of property, plant and equipment and other assets 109 195 523 928
Gain on transfer of business 1,656 —— 14,097
Amortization of goodwill ——(3,300) —
Additional expense incurred to dissolve the contributory
funded pension plan (Note 7) ——(888) —
Other income (expenses)—net (879) (1,273) (3,145) (7,483)
Other expenses—net (3,729) (1,454) (12,671) (31,744)
INCOME BEFORE INCOME TAXES AND MINORITY INTERESTS 97,367 83,466 55,496 828,867
INCOME TAXES (Note 10):
Current 22,250 18,690 18,574 189,410
Deferred (512) 532 (2,775) (4,358)
Total income taxes 21,738 19,222 15,799 185,052
MINORITY INTERESTS IN NET INCOME (9) (109) (148) (76)
NET INCOME ¥ 75,620 ¥64,135 ¥ 39,549 $ 643,739
Yen U.S. Dollars
2006 2005 2004 2006
PER SHARE OF COMMON STOCK (Notes 2.o and 16):
Basic net income ¥171.71 ¥578.84 ¥350.96 $1.46
Diluted net income 171.08 577.52 350.56 1.46
Cash dividends applicable to the year 150.00 150.00 100.00 1.28
See notes to consolidated financial statements.
Consolidated Statements of Income
Hoya Corporation and Subsidiaries
Years Ended March 31, 2006, 2005 and 2004