Suzuki 1998 Annual Report Download - page 19
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Thousands of
SUZUKI MOTOR CORPORATION Millions of yen U.S. dollars
AND CONSOLIDATED SUBSIDIARIES 1998 1997 1998
Net sales ...................................................................... ¥1,488,785 ¥1,502,424 $11,270,139
Cost of sales ................................................................ 1,133,128 1,154,184 8,577,807
Gross profit ........................................................... 355,657 348,240 2,692,332
Selling, general and administrative expenses ......... 299,048 280,138 2,263,803
Operating income ................................................. 56,608 68,101 428,529
Other income (expenses) :
Interest and dividend income ................................. 4,339 4,106 32,848
Interest expense ....................................................... (6,195) (7,884) (46,897)
Other, net .................................................................. (1,201) 4,472 (9,098)
Income before income taxes ............................... 53,550 68,796 405,382
Income taxes:
Current (Note 9)........................................................ 38,812 46,082 293,810
Deferred .................................................................... (4,303) (1,329) (32,577)
34,508 44,752 261,233
Equity items:
Minority interests in earnings of
consolidated subsidiaries .................................... (830) (837) (6,287)
Equity in earnings of non-consolidated
subsidiaries and affiliates .................................... 12,654 11,047 95,796
Other (Adjustments on consolidated
subsidiaries) .......................................................... (709) (667) (5,370)
Net income ............................................................ ¥ 30,156 ¥ 33,586 $ 228,287
CONSOLIDATED STATEMENTS OF INCOME
Years ended 31st March, 1998 and 1997
Yen U.S. dollars
Net income per share:
Primary...................................................................... ¥67.17 ¥74.84 $ 0.508
Fully diluted .............................................................. 66.71 74.29 0.504
Cash dividends per share ........................................... 7.50 8.50 0.056
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.