Suzuki 2008 Annual Report Download - page 31

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30 SUZUKI MOTOR CORPORATION
SUZUKI MOTOR CORPORATION
AND CONSOLIDATED SUBSIDIARIES 2008 2007 2008
Net sales ........................................................................... ¥3,502,419 ¥3,163,669 $34,957,779
Cost of sales..................................................................... 2,631,880 2,378,742 26,268,896
Gross profit ................................................................... 870,539 784,927 8,688,882
Selling, general and administrative expenses .............. 721,134 652,027 7,197,664
Operating income ........................................................ 149,405 132,900 1,491,217
Other income and expenses:
Interest and dividend income ......................................... 19,003 15,172 189,677
Interest expense ............................................................. (9,408) (6,810) (93,910)
Equity in earnings of affiliates ......................................... 453 2,102 4,524
Other, net ........................................................................ (1,989) (4,632) (19,857)
Income before income taxes ........................................ 157,463 138,732 1,571,651
Income taxes: *NOTE 9
Current ............................................................................ 72,905 73,712 727,676
Deferred.......................................................................... (19,537) (29,379) (195,003)
53,368 44,332 532,673
Minority interests in earnings of
consolidated subsidiaries ............................................ 23,840 19,391 237,949
Net income........................................................................ ¥ 80,254 ¥ 75,008 $ 801,027
Net income per share:
Primary............................................................................ ¥ 177.96 ¥ 169.41 $ 1.776
Fully diluted .................................................................... 155.89 151.41 1.556
Cash dividends per share ............................................... 16.00 14.00 0.160
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
Thousands of
U.S. dollars
Millions of yen
U.S. dollarsYen
Consolidated Financial Statements of 2008
Consolidated Statements of Income
Years ended March 31, 2008 and 2007