Suzuki 2002 Annual Report Download - page 20

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SUZUKI MOTOR CORPORATION
18
CONSOLIDATED STATEMENTS OF INCOME
Years ended March 31, 2002 and 2001
Net sales ................................................................................. ¥1,668,251 ¥1,600,253 $12,519,708
Cost of sales ........................................................................... 1,220,336 1,203,675 9,158,251
Gross profit ....................................................................... 447,914 396,577 3,361,456
Selling, general and administrative expenses..................... 389,454 345,849 2,922,732
Operating income ............................................................. 58,460 50,727 438,724
Other income(expenses):
Interest and dividend income .............................................. 3,977 4,598 29,847
Interest expense................................................................... (4,819) (5,483) (36,167)
Equity in earnings of affiliates ............................................ 2,361 644 17,720
Other, net ............................................................................ (20,650) (10,425) (154,975)
Income before income taxes ............................................. 39,328 40,060 295,149
Income taxes:
Current ................................................................................ 32,307 25,133 242,459
Deferred .............................................................................. (15,229) (5,129) (114,296)
17,077 20,004 128,163
Minority interests in earnings of
consolidated subsidiaries .................................................. (142) (192) (1,065)
Net income .......................................................................... ¥ 22,392 ¥ 20,248 $ 168,051
Net income per share:
Primary................................................................................ ¥ 41.40 ¥ 40.41 $ 0.310
Fully diluted ........................................................................ 41.16 40.24 0.308
Cash dividends per share ..................................................... 8.50 8.50 0.063
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
Thousands of
U.S. dollars
Millions of yen
SUZUKI MOTOR CORPORATION
AND CONSOLIDATED SUBSIDIARIES 2002 2001 2002
U.S. dollarsYen