Canon 2010 Annual Report Download - page 67
Download and view the complete annual report
Please find page 67 of the 2010 Canon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.CANON ANNUAL REPORT 2010 65
CONSOLIDATED STATEMENTS OF INCOME
CANON INC. AND SUBSIDIARIES YEARS ENDED DECEMBER 31, 2010, 2009 AND 2008
Millions of yen
Thousands of
U.S. dollars (Note 2)
2010 2009 2008 2010
Net sales ¥3,706,901 ¥3,209,201 ¥4,094,161 $45,764,210
Cost of sales (Notes 6, 9, 12 and 20) 1,923,813 1,781,808 2,156,153 23,750,778
Gross profi t 1,783,088 1,427,393 1,938,008 22,013,432
Operating expenses (Notes 1, 6 ,9, 12, 17 and 20):
Selling, general and administrative expenses 1,079,719 905,738 1,067,909 13,329,864
Research and development expenses 315,817 304,600 374,025 3,898,975
1,395,536 1,210,338 1,441,934 17,228,839
Operating profi t 387,552 217,055 496,074 4,784,593
Other income (deductions):
Interest and dividend income 6,022 5,202 19,442 74,346
Interest expense (1,931) (336) (837) (23,840)
Other, net (Notes 1, 3, 19 and 22) 1,220 (2,566) (33,532) 15,061
5,311 2,300 (14,927) 65,567
Income before income taxes 392,863 219,355 481,147 4,850,160
Income taxes (Note 13) 140,160 84,122 160,788 1,730,370
Consolidated net income 252,703 135,233 320,359 3,119,790
Less: Net income attributable to noncontrolling interests 6,100 3,586 11,211 75,309
Net income attributable to Canon Inc. ¥ 246,603 ¥ 131,647 ¥ 309,148 $ 3,044,481
Yen U.S. dollars (Note 2)
Net income attributable to Canon Inc. stockholders
per share (Note 18):
Basic ¥ 199.71 ¥ 106.64 ¥ 246.21 $ 2.47
Diluted 199.70 106.64 246.20 2.47
Cash dividends per share 120.00 110.00 110.00 1.48
See accompanying Notes to Consolidated Financial Statements.