Suzuki 2011 Annual Report Download - page 31

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30 SUZUKI MOTOR CORPORATION
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
(Consolidated Statements of Income)
Years ended March 31, 2011 and 2010
SUZUKI MOTOR CORPORATION
AND CONSOLIDATED SUBSIDIARIES
Millions of yen
Thousands of
U.S. dollars
2011 2010 2011
Net sales .............................................................................. ¥2,608,217 ¥2,469,063 $31,367,622
Cost of sales ....................................................................... 1,986,460 1,881,772 23,890,085
Gross profit ......................................................................... 621,757 587,291 7,477,536
Selling, general and administrative expenses ................ 514,822 507,923 6,191,494
Operating income .............................................................. 106,934 79,368 1,286,042
Other income (expenses):
Interest and dividend income............................................ 15,190 16,177 182,690
Interest expense ................................................................ (5,091)(8,276)(61,234)
Equity in earnings (losses) of affiliates .............................. 4,161 692 50,047
Other, net *NOTE 15 ............................................................... (3,008)4,537 (36,177)
Income before income taxes ..................................... 118,186 92,499 1,421,368
Income taxes: *NOTE 8
Current ................................................................................ 29,621 29,419 356,240
Deferred ............................................................................. 23,327 10,840 280,552
52,949 40,260 636,793
Income before minority interests ....................................... 65,237 52,239 784,574
Minority interests in income ............................................... 20,063 23,325 241,291
Net income .......................................................................... ¥ 45,174 ¥ 28,913 $ 543,283
Yen U.S. dollars
Net income per share:
Primary ............................................................................... ¥ 80.65 ¥ 62.76 $ 0.969
Fully diluted ........................................................................ 74.11 55.26 0.891
Cash dividends per share ................................................. 13.00 12.00 0.156
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
Consolidated Financial Statements