Canon 2014 Annual Report Download - page 53

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51
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Canon Inc. and Subsidiaries
Years ended December 31, 2014, 2013 and 2012
CONSOLIDATED STATEMENTS OF INCOME
Canon Inc. and Subsidiaries
Years ended December 31, 2014, 2013 and 2012
See accompanying Notes to Consolidated Financial Statements.
See accompanying Notes to Consolidated Financial Statements.
Millions of yen
2014 2013 2012
Net sales ¥ 3,727,252 ¥ 3,731,380 ¥ 3,479,788
Cost of sales (Notes 5, 8, 11 and 18) 1,865,780 1,932,959 1,829,822
Gross profit 1,861,472 1,798,421 1,649,966
Operating expenses (Notes 1, 5, 8, 11, 15 and 18):
Selling, general and administrative expenses 1,189,004 1,154,820 1,029,646
Research and development expenses 308,979 306,324 296,464
1,497,983 1,461,144 1,326,110
Operating profit 363,489 337,277 323,856
Other income (deductions):
Interest and dividend income 7,906 6,579 6,792
Interest expense (500) (550) (1,022)
Other, net (Notes 1, 2, 17 and 20) 12,344 4,298 12,931
19,750 10,327 18,701
Income before income taxes 383,239 347,604 342,557
Income taxes (Note 12) 118,000 108,088 110,112
Consolidated net income 265,239 239,516 232,445
Less: Net income attributable to noncontrolling interests 10,442 9,033 7,881
Net income attributable to Canon Inc. ¥ 254,797 ¥ 230,483 ¥ 224,564
Yen
Net income attributable to Canon Inc. stockholders per share (Note 16):
Basic ¥ 229.03 ¥ 200.78 ¥ 191.34
Diluted 229.03 200.78 191.34
Cash dividends per share 150.00 130.00 130.00
Millions of yen
2014 2013 2012
Consolidated net income ¥ 265,239 ¥ 239,516 ¥ 232,445
Other comprehensive income (loss), net of tax (Note 14):
Foreign currency translation adjustments 143,834 251,576 133,735
Net unrealized gains and losses on securities 2,524 6,612 3,265
Net gains and losses on derivative instruments (195) 2,056 (4,880)
Pension liability adjustments (37,985) 32,669 (12,787)
108,178 292,913 119,333
Comprehensive income 373,417 532,429 351,778
Less: Comprehensive income attributable to noncontrolling interests 9,666 14,688 10,824
Comprehensive income attributable to Canon Inc. ¥ 363,751 ¥ 517,741 ¥ 340,954