Pentax 2007 Annual Report Download - page 48

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46
Millions of Yen Thousands of U.S. Dollars
(Note 1)
2007 2006 2005 2007
NET SALES ¥390,093 ¥344,228 ¥308,172 $3,304,473
COST OF SALES (Notes 9 and 10) 197,410 172,034 158,024 1,672,258
Gross profit 192,683 172,194 150,148 1,632,215
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
(Notes 9 and 10) 85,470 71,098 65,228 724,015
Operating income 107,213 101,096 84,920 908,200
OTHER INCOME (EXPENSES):
Interest and dividend income 2,922 1,795 1,022 24,752
Interest expense (87) (142) (87) (737)
Foreign exchange gains (losses)—net (6,711) 243 875 (56,849)
Equity in earnings of associated companies 642 1,285 3,708 5,438
Loss on clarification of soil pollution and others (767) (3,726) (1,980) (6,497)
Loss on closure of plant —(523) (1,264) —
Loss on disposal of property, plant and equipment (3,327) (625) (948) (28,183)
Loss on impairment of long-lived assets (Note 5) (88) (1,233) (859) (745)
Additional retirement benefits paid to employees (Note 6) (1,055) (1,689) (843) (8,937)
Gain on sales of property, plant and equipment 9,629 109 195 81,567
Gain on transfer of business —1,656 — —
Other income (expenses)—net (1,239) (879) (1,273) (10,495)
Other expenses—net (81) (3,729) (1,454) (686)
INCOME BEFORE INCOME TAXES AND MINORITY INTERESTS 107,132 97,367 83,466 907,514
INCOME TAXES (Note 8):
Current 23,492 22,250 18,690 199,000
Deferred 71 (512) 532 602
Total income taxes 23,563 21,738 19,222 199,602
MINORITY INTERESTS IN NET INCOME OF
CONSOLIDATED SUBSIDIARIES (178) (9) (109) (1,508)
NET INCOME ¥ 83,391 ¥ 75,620 ¥ 64,135 $ 706,404
Yen U.S. Dollars
2007 2006 2005 2007
PER SHARE OF COMMON STOCK (Notes 2.p and 13):
Basic net income ¥193.50 ¥171.71 ¥578.84 $1.64
Diluted net income 192.78 171.08 577.52 1.63
Cash dividends applicable to the year 65.00 150.00 150.00 0.55
See notes to consolidated financial statements.
Consolidated Statements of Income
Hoya Corporation and Subsidiaries
Years Ended March 31, 2007, 2006 and 2005