Alpine 2012 Annual Report Download - page 15

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(2) Consolidated Statements of Income and Comprehensive Income
(Millions of yen)
Fiscal year ended
March 31, 2011
Fiscal year ended
March 31, 2012
Net sales 201,257 202,905
Cost of sales 158,801 167,406
Gross profit 42,456 35,499
Selling, general and administrative expenses 31,301 29,849
Operating income 11,155 5,649
Non-operating income
Interest income 203 203
Dividends income 290 275
Equity in earnings of affiliates 949 760
Foreign exchange gains – 23
Other 280 277
Total non-operating income 1,723 1,541
Non-operating expenses
Interest expenses 197 113
Sales discounts 124 125
Foreign exchange losses 1,253 –
Commission fee 234 124
Withholding tax 142 171
Other 154 134
Total non-operating expenses 2,107 669
Ordinary income 10,771 6,521
Extraordinary income
Gain on sales of noncurrent assets 62 44
Gain on sales of investment securities – 4
Gain on sales of subsidiaries and affiliates’ stocks 4 –
Reversal of allowance for doubtful accounts 111 –
Gain and loss on settlement and valuation of options 102 –
Income of employment adjustment subsidy – 157
Compensation income – 244
Income of earthquake disaster reconstruction subsidy – 595
Other 7 120
Total extraordinary income 289 1,167
Extraordinary loss
Loss on sales and retirement of noncurrent assets 102 145
Impairment loss – 199
Loss on valuation of investment securities 2 35
Warranty expenses for prior periods 50 –
Provision for product warranties 103 –
Loss on abolishment of retirement benefit plan 512 –
Loss on disaster 1,555 299
Other 224 28
Total extraordinary losses 2,551 709
Income before income taxes and minority interests 8,509 6,980
Income taxes-current 2,501 2,496
Income taxes-deferred (85) (21)
Total income taxes 2,416 2,474