Canon 2006 Annual Report Download - page 61

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Thousands of
Millions of yen U.S. dollars (note 2)
2006 2005 2004 2006
Net sales ¥4,156,759 3,754,191 3,467,853 $34,930,748
Cost of sales (notes 10, 13 and 20) 2,096,279 1,935,148 1,754,510 17,615,790
Gross profit 2,060,480 1,819,043 1,713,343 17,314,958
Operating expenses:
Selling, general and administrative expenses
(notes 1, 10, 13 and 20) 1,045,140 949,524 894,250 8,782,689
Research and development expenses 308,307 286,476 275,300 2,590,815
1,353,447 1,236,000 1,169,550 11,373,504
Operating profit 707,033 583,043 543,793 5,941,454
Other income (deductions):
Interest and dividend income 27,153 14,252 7,118 228,176
Interest expense (2,190) (1,741) (2,756) (18,403)
Other, net (notes 1, 4 and 19) (12,853) 16,450 3,961 (108,009)
12,110 28,961 8,323 101,764
Income before income taxes and minority interests 719,143 612,004 552,116 6,043,218
Income taxes (note 14) 248,233 212,785 194,014 2,085,991
Income before minority interests 470,910 399,219 358,102 3,957,227
Minority interests 15,585 15,123 14,758 130,966
Net income ¥ 455,325 384,096 343,344 $ 3,826,261
Yen U.S. dollars (note 2)
Net income per share (note 18):
Basic ¥ 341.95 288.63 258.53 $ 2.87
Diluted 341.84 288.36 257.85 2.87
Cash dividends per share 83.33 66.67 43.33 0.70
See accompanying notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF INCOME
CANON INC. AND SUBSIDIARIES Year ended December 31 2006, 2005 and 2004
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