Alpine 2010 Annual Report Download - page 18

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See accompanying notes
18
2010 2009 2008 2010
Net sales (Note 12) ¥168,586 ¥196,667 ¥252,072 $1,811,973
Costs and expenses (Note 12):
Cost of sales 140,149 171,519 204,738 1,506,330
Selling, general and administrative expenses 28,210 35,793 40,322 303,203
168,359 207,312 245,060 1,809,533
Operating income(loss) (Note 12) 227 (10,645) 7,012 2,440
Other income (expenses):
Interest and dividend income 444 752 930 4,772
Interest expense (150) (122) (171) (1,612)
Foreign exchange gains (losses) (628) 3,528 (1,926) (6,750)
Equity in earnings of affiliates 1,358 1,143 1,047 14,596
Loss on sales and retirement of noncurrent assets (344) (343) (343) (3,697)
Gain on sales of investment securities — 118 51 —
Loss on valuation of investment securities (233) (52) (256) (2,504)
Prior compensation expense for products (434) — — (4,665)
Gain on settlement and/or valuation of option 128 2,578 — 1,376
Loss on valuation of inventories — (1,091) — —
Gain on exchanges of land use rights 224 — — 2,407
Loss on valuation of noncurrent assets — (493) — —
Other (580) 592 1 (6,234)
(215) 6,610 (667) (2,311)
Income(loss) before income taxes and minority interests 12 (4,035) 6,345 129
Income taxes (Note 9):
Current 1,226 30 2,930 13,178
Deferred 66 5,103 (298) 709
1,292 5,133 2,632 13,887
Income(loss) before minority interests (1,280) (9,168) 3,713 (13,758)
Minority interests in loss(income) 30 (123) (159) 323
Net income(loss) ¥ (1,250) ¥ (9,291) ¥ 3,554 $ (13,435)
Thousands of U.S.
Dollars (Note 1)Millions of Yen
Years ended March 31, 2010, 2009 and 2008
ALPINE ELECTRONICS, INC.
2010 2009 2008 2010
Amounts per share of common stock:
Net income(loss) ¥(17.92) ¥(133.17) ¥50.95 $(0.19)
Diluted net income — — — —
Dividends from surplus applicable to the year 0.00 10.00 25.00 0.00
U.S. Dollars (Note 1)Yen
Consolidated Statements of Operations