Casio 2011 Annual Report Download - page 22

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20 CASIO COMPUTER CO., LTD.
Consolidated Statements of Operations
Years ended March 31, 2011 and 2010 Casio Computer Co., Ltd. and Subsidiaries
Millions of Yen
Thousands of
U.S. Dollars (Note 1)
2011 2010 2011
Net sales (Note 14) .................................................................................................................... ¥341,678 ¥427,925 $4,116,602
Costs and expenses (Note 14):
Cost of sales .......................................................................................................................... 227,923 330,417 2,746,060
Selling, general and administrative expenses .......................................................................... 93,875 113,124 1,131,024
Research and development expenses ..................................................................................... 7,838 13,693 94,434
329,636 457,234 3,971,518
Operating income (loss) (Note 14) ........................................................................................... 12,042 (29,309) 145,084
Other income (expenses):
Interest and dividends income ................................................................................................ 1,328 1,433 16,000
Interest expenses ................................................................................................................... (840) (848) (10,120)
Equity in earnings (losses) of affiliates .................................................................................... (1,593) 99 (19,193)
Foreign exchange gains ......................................................................................................... 693 1,499 8,349
Loss on sales and retirement of noncurrent assets .................................................................. (363) (723) (4,373)
Gain (loss) on valuation and sales of investment securities ...................................................... (202) 665 (2,434)
Impairment loss (Notes 14 and 17) ......................................................................................... (646) (289) (7,783)
Business structure improvement expenses (Note 17) .............................................................. —(3,100) —
Loss on adjustment for changes of accounting standard for asset retirement obligations (Note 3)
... (152) —(1,831)
Special retirement expenses ................................................................................................... —(637) —
Other, net .............................................................................................................................. 66 1,652 795
(1,709) (249) (20,590)
Income (loss) before income taxes and minority interests .................................................... 10,333 (29,558) 124,494
Income taxes (Note 10):
Current .................................................................................................................................. 3,878 4,273 46,723
Deferred ................................................................................................................................ 1,207 1,853 14,542
5,085 6,126 61,265
Income (loss) before minority interests .................................................................................. 5,248 (35,684) 63,229
Minority interests in loss .............................................................................................................. (434) (14,716) (5,229)
Net income (loss) ................................................................................................................. ¥ 5,682 ¥ (20,968) $ 68,458
Yen U.S. Dollars (Note 1)
Amounts per share of common stock:
Net income (loss) ................................................................................................................... ¥20.90 ¥(75.58) $0.25
Diluted net income ................................................................................................................ 19.10 —0.23
Cash dividends applicable to the year .................................................................................... 17.00 15.00 0.20
See accompanying notes.