Canon 2003 Annual Report Download - page 62

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60
Reconciliation of “Income before cumulative effect of change
in accounting principle” and “Earnings per share before cumulative
effect of change in accounting principle” to the amounts adjusted
for the exclusion of goodwill amortization for the years ended
December 31, 2003, 2002 and 2001 are as follows:
Thousands of
Millions of yen U.S. dollars
2003 2002 2001 2003
Income before cumulative effect of change in
accounting principle:
Reported income before cumulative effect of
change in accounting principle ¥275,730 190,737 163,869 $2,576,916
Add back: goodwill amortization (net of tax) ——968 —
Adjusted income before cumulative effect of
change in accounting principle ¥275,730 190,737 164,837 $2,576,916
Yen U.S. dollars
2003 2002 2001 2003
Basic earnings per share before cumulative
effect of change in accounting principle:
Reported income before cumulative effect of
change in accounting principle ¥313.81 217.56 187.07 $2.93
Add back: goodwill amortization (net of tax) ——1.11 —
Adjusted income before cumulative effect of
change in accounting principle ¥313.81 217.56 188.18 $2.93
Diluted earnings per share before cumulative
effect of change in accounting principle:
Reported income before cumulative effect of
change in accounting principle: ¥310.75 214.80 184.55 $2.90
Add back: goodwill amortization (net of tax) ——1.08 —
Adjusted income before cumulative effect of
change in accounting principle ¥310.75 214.80 185.63 $2.90
CANON INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED