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36 SUZUKI MOTOR CORPORATION
Consolidated Financial Statements
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
(Consolidated Statements of Income)
Years ended 31 March 2015 and 2014
SUZUKI MOTOR CORPORATION
AND CONSOLIDATED SUBSIDIARIES
Millions of yen
Thousands of
US dollars
2015 2014 2015
Net sales .............................................................................. ¥3,015,461 ¥2,938,314 $25,093,298
Cost of sales ....................................................................... 2,190,309 2,142,754 18,226,758
Gross prot ......................................................................... 825,152 795,559 6,866,540
Selling, general and administrative expenses ............... 645,727 607,812 5,373,449
Operating income .............................................................. 179,424 187,747 1,493,091
Other income (expenses):
Interest and dividend income............................................ 25,259 18,441 210,200
Interest expense ................................................................ (9,433)(6,158)(78,505)
Equity in earnings (losses) of afliates .............................. (1,454)(115)(12,105)
Other, net ............................................................................ (549)(2,823)(4,569)
Income before income taxes ......................................... 193,246 197,090 1,608,111
Income taxes: *NOTE 8
Current ................................................................................ 70,589 67,212 587,415
Deferred ............................................................................. (4,970)2,387 (41,362)
65,619 69,600 546,052
Income before minority interests ....................................... 127,627 127,489 1,062,058
Minority interests in income ............................................... 30,765 20,005 256,014
Net income .......................................................................... ¥ 96,862 ¥ 107,484 $ 806,044
Yen US dollars
Net income per share:
Primary ............................................................................... ¥ 172.67 ¥ 191.60 $ 1.44
Fully diluted ........................................................................ 172.63 191.57 1.44
Cash dividends per share ................................................. 27.00 24.00 0.22
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.