Canon 2013 Annual Report Download - page 53

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CONSOLIDATED BALANCE SHEETS / CONSOLIDATED STATEMENTS OF INCOME /
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 51
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Canon Inc. and Subsidiaries
Years ended December 31, 2013, 2012 and 2011
Millions of yen
Thousands of
U.S. dollars (Note 2)
2013 2012 2011 2013
Consolidated net income ¥ 239,516 ¥ 232,445 ¥ 254,109 $ 2,281,105
Other comprehensive income (loss), net of tax (Note 14):
Foreign currency translation adjustments 251,576 133,735 (54,086) 2,395,962
Net unrealized gains and losses on securities 6,612 3,265 (2,116) 62,971
Net gains and losses on derivative instruments 2,056 (4,880) (449) 19,581
Pension liability adjustments 32,669 (12,787) (38,377) 311,133
292,913 119,333 (95,028) 2,789,647
Comprehensive income 532,429 351,778 159,081 5,070,752
Less: Comprehensive income attributable to
noncontrolling interests 14,688 10,824 1,765 139,885
Comprehensive income attributable to Canon Inc. ¥ 517,741 ¥ 340,954 ¥ 157,316 $ 4,930,867
Millions of yen
Thousands of
U.S. dollars (Note 2)
2013 2012 2011 2013
Net sales ¥ 3,731,380 ¥ 3,479,788 ¥ 3,557,433 $ 35,536,952
Cost of sales (Notes 6, 8, 11 and 18) 1,932,959 1,829,822 1,820,670 18,409,133
Gross profit 1,798,421 1,649,966 1,736,763 17,127,819
Operating expenses (Notes 1, 6, 8, 11, 15 and 18):
Selling, general and administrative expenses 1,154,820 1,029,646 1,050,892 10,998,286
Research and development expenses 306,324 296,464 307,800 2,917,371
1,461,144 1,326,110 1,358,692 13,915,657
Operating profit 337,277 323,856 378,071 3,212,162
Other income (deductions):
Interest and dividend income 6,579 6,792 8,432 62,657
Interest expense (550) (1,022) (988) (5,238)
Other, net (Notes 1, 3, 17 and 20) 4,298 12,931 (10,991) 40,933
10,327 18,701 (3,547) 98,352
Income before income taxes 347,604 342,557 374,524 3,310,514
Income taxes (Note 12) 108,088 110,112 120,415 1,029,409
Consolidated net income 239,516 232,445 254,109 2,281,105
Less: Net income attributable to noncontrolling interests 9,033 7,881 5,479 86,029
Net income attributable to Canon Inc. ¥ 230,483 ¥ 224,564 ¥ 248,630 $ 2,195,076
Yen U.S. dollars (Note 2)
Net income attributable to Canon Inc. stockholders
per share (Note 16):
Basic ¥ 200.78 ¥ 191.34 ¥ 204.49 $ 1.91
Diluted 200.78 191.34 204.48 1.91
Cash dividends per share 130.00 130.00 120.00 1.24
CONSOLIDATED STATEMENTS OF INCOME
Canon Inc. and Subsidiaries
Years ended December 31, 2013, 2012 and 2011
See accompanying Notes to Consolidated Financial Statements.
See accompanying Notes to Consolidated Financial Statements.