Alpine 2009 Annual Report Download - page 16

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See accompanying notes
16
2009 2008 2007 2009
Net sales (Note 12) ¥196,667 ¥252,072 ¥265,055 $2,002,107
Costs and expenses (Note 12):
Cost of sales 171,519 204,738 211,085 1,746,096
Selling, general and administrative expenses 35,793 40,322 43,860 364,379
207,312 245,060 254,945 2,110,475
Operating income(loss) (Note 12) (10,645) 7,012 10,110 (108,368)
Other income (expenses):
Interest and dividend income 752 930 736 7,655
Interest expense (122) (171) (128) (1,242)
Foreign exchange gains (losses) 3,528 (1,926) 788 35,916
Equity in earnings of affiliates 1,143 1,047 677 11,636
Loss on sales and retirement of noncurrent assets (343) (343) (262) (3,492)
Gain on sales of investment securities 118 51 — 1,201
Loss on valuation of investment securities (52) (256) (120) (529)
Prior compensation expense for products — — (935) —
Provision for product warranties — — (297) —
Gain on valuation of options 2,578 — — 26,245
Loss on valuation of inventories (1,091) — — (11,107)
Loss on valuation of noncurrent assets (493) — — (5,019)
Other 592 1 (267) 6,027
6,610 (667) 192 67,291
Income(loss) before income taxes and minority interests (4,035) 6,345 10,302 (41,077)
Income taxes (Note 9):
Current 30 2,930 4,738 305
Deferred 5,103 (298) (372) 51,950
5,133 2,632 4,366 52,255
Income(loss) before minority interests (9,168) 3,713 5,936 (93,332)
Minority interests in income (123) (159) (207) (1,252)
Net income(loss) ¥ (9,291) ¥ 3,554 ¥ 5,729 $ (94,584)
Thousands of U.S.
Dollars (Note 1)Millions of Yen
Years ended March 31, 2009, 2008 and 2007
ALPINE ELECTRONICS, INC.
2009 2008 2007 2009
Amounts per share of common stock:
Net income(loss) ¥(133.17) ¥50.95 ¥82.12 $(1.36)
Diluted net income — — — —
Dividends from surplus applicable to the year 10.00 25.00 25.00 0.10
U.S. Dollars (Note 1)Yen
Consolidated Statements of Operations