Alpine 2014 Annual Report Download - page 14

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(2) Consolidated Statements of Income and Comprehensive Income
(Millions of yen)
Fiscal year ended
March 31, 2013
Fiscal year ended
March 31, 2014
Net sales 222,309 285,884
Cost of sales 191,433 237,205
Gross profit 30,876 48,679
Selling, general and administrative expenses 28,571 38,865
Operating income 2,305 9,813
Non-operating income
Interest income 161 202
Dividend income 341 361
Share of profit of entities accounted for using equity
method 1,002 1,029
Foreign exchange gains 629 272
Insurance income for inventory extinguishment – 111
Other 261 411
Total non-operating income 2,395 2,389
Non-operating expenses
Interest expenses 83 45
Sales discounts 112 153
Commission fee 112 95
Loss on settlement of receivables on tooling 53 –
Loss on inventory extinguishment – 102
Other 46 41
Total non-operating expenses 408 439
Ordinary income 4,291 11,763
Extraordinary income
Gain on sales of non-current assets 18 47
Gain on sales of investment securities 0 –
Compensation income 1,181 491
Income of earthquake disaster reconstruction subsidy 84 –
Subsidy income – 216
Other 99 27
Total extraordinary income 1,383 783
Extraordinary losses
Loss on sales and retirement of non-current assets 130 171
Loss on valuation of investment securities 0 0
Provision of allowance for doubtful accounts 45 –
Loss on transition of retirement benefit plan 118 –
Loss on disaster 6 –
Other 27 5
Total extraordinary losses 329 176
Income before income taxes and minority interests 5,346 12,371
Income taxes - current 3,085 3,876
Income taxes - deferred 455 (859)
Total income taxes 3,541 3,016
Income before minority interests 1,804 9,354
Minority interests in income 57 125
Net income 1,747 9,229