Alpine 2016 Annual Report Download - page 17

(Millions of yen)
Fiscal year ended
March31,2015
Fiscal year ended
March31,2016
Net sales 294,560 273,056
Cost of sales 242,923 231,107
Gross prot 51,636 41,949
Selling, general and administrative expenses 40,112 36,515
Operating income 11,523 5,434
Non-operating income
Interest income 237 276
Dividend income 467 415
Share of prot of entities accounted for using equity method 675 1,256
Foreign exchange gains 1,931 －
Other 531 577
Total non-operating income 3,843 2,525
Non-operating expenses
Interest expenses 22 379
Foreign exchange losses －842
Sales discounts 128 141
Commission fee 65 65
Overseas withholding tax 53 196
Other 97 165
Total non-operating expenses 367 1,789
Ordinary income 15,000 6,170
Extraordinary income
Gain on sales of non-current assets 122 91
Gain on sales of shares of subsidiaries and associates －15,620
Gain on liquidation of investment securities 52 －
Compensation income 435 315
Subsidy income 650 －
Other 14 175
Total extraordinary income 1,275 16,203
Extraordinary losses
Loss on sales and retirement of non-current assets 72 65
Loss on valuation of investment securities －73
Total extraordinary losses 72 138
Prot before income taxes 16,202 22,234
Income taxes - current 4,394 8,666
Income taxes - deferred (1,089) 2,612
Total income taxes 3,304 11,278
Prot 12,898 10,955
Prot attributable to
Prot attributable to owners of parent 12,704 10,698
Prot attributable to non-controlling interests 193 256
Other comprehensive income
Valuation dierence on available-for-sale securities 1,347 (1,912)
Deferred gains or losses on hedges (3) (1)
Foreign currency translation adjustment 5,724 (4,233)
Remeasurements of dened benet plans, net of tax 95 (1,002)
Share of other comprehensive income of entities accounted
for using equity method 1,579 (1,082)
Total other comprehensive income 8,743 (8,233)
Comprehensive income 21,641 2,722
Comprehensive income attributable to
Comprehensive income attributable to owners of parent 21,241 2,637
Comprehensive income attributable to non-controlling interests 400 85
(Millions of yen)
Fiscal year ended
March31,2015
Fiscal year ended
March31,2016
Cash ows from operating activities
Prot before income taxes 16,202 22,234
Depreciation 6,682 7,240
Increase (decrease) in net dened benet liability (53) 229
Increase (decrease) in provision for directors’
retirement benets (293) (4)
Increase (decrease) in accrued expenses 1,353 (3,009)
Interest and dividend income (705) (692)
Interest expenses 22 379
Share of (prot) loss of entities accounted for using
equity method (675) (1,256)
Loss (gain) on sales of property, plant and
equipment (99) (64)
Loss (gain) on sales of shares of subsidiaries and
associates －(15,620)
Decrease (increase) in notes and accounts
receivable - trade 1,449 4,956
Decrease (increase) in inventories 869 (1,281)
Increase (decrease) in notes and accounts
payable - trade (4,075) (39)
Increase (decrease) in provision for product
warranties (469) (46)
Other, net (263) (1,154)
Subtotal 19,946 11,870
Interest and dividend income received 1,062 919
Interest expenses paid (22) (379)
Income taxes paid (3,768) (10,428)
Income taxes refund 163 60
Net cash provided by (used in) operating activities 17,380 2,043
Cash ows from investing activities
Purchase of property, plant and equipment (6,854) (6,650)
Proceeds from sales of property, plant and
equipment 273 203
Purchase of intangible assets (911) (843)
Payments of loans receivable (1,729) (3,728)
Proceeds from sales of shares of subsidiaries and
associates －20,569
Payments for investments in capital － (14,005)
Collection of loans receivable 1,660 1,258
Other, net 31 (228)
Net cash provided by (used in) investing activities (7,529) (3,425)
Cash ows from nancing activities
Purchase of treasury shares (700) (700)
Cash dividends paid (1,738) (2,417)
Proceeds from share issuance to non-controlling
shareholders 204 －
Dividends paid to non-controlling interests (34) (50)
Other, net (61) (56)
Net cash provided by (used in) nancing activities (2,330) (3,224)
Eect of exchange rate change on cash and cash
equivalents 1,930 (2,367)
Net increase (decrease) in cash and cash equivalents 9,450 (6,973)
Cash and cash equivalents at beginning of period 46,680 56,130
Increase (decrease) in cash and cash equivalents
resulting from change of scope of consolidation －125
Cash and cash equivalents at end of period 56,130 49,282
Consolidated Statements of Income and Comprehensive Income Consolidated Statements of Cash Flows
32 Annual Report 2016-2017 33
Annual Report 2016-2017
ESGEorts
Financial Data
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