Epson 2012 Annual Report Download - page 4

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3
Consolidated Financial Highlights
Seiko Epson Corporation and Subsidiaries
For the years ended March 31
Millions of yen
Thousands of
U.S. dollars
2007 2008 2009 2010 2011 2012 2012
Statements of income data
Net sales ¥1,416,032 ¥1,347,841 ¥1,122,497 ¥985,363 ¥973,663 ¥877,997 $10,682,528
Information-related equipment 916,330 902,970 769,850 712,692 702,918 ― ―
Electronic devices 444,703 395,197 311,626 248,001 231,235 ― ―
Precision products 87,744 83,927 72,697 57,746 68,276 ― ―
Other 30,310 29,124 31,828 19,714 1,279 ― ―
Eliminations and corporate (63,055) (63,378) (63,506) (52,791) (30,046) ― ―
Information-related equipment ― ―― ― 713,936 691,801 8,417,094
Devices and precision products
business segment
― ―― ― 212,670 174,811 2,126,913
Other ― ―― ― 61,446 17,316 210,695
Eliminations and corporate ― ―― ― (14,390) (5,932) (72,174)
Gross profit 356,773 368,449 289,443 259,469 262,963 248,846 3,027,691
Selling, general and
administrative expenses 306,430 310,871 291,031 241,241 230,253 224,219 2,728,069
Operating income (loss) 50,343 57,577 (1,588) 18,227 32,709 24,626 299,622
Income (loss) before income
taxes and minority interests 3,476 52,045 (89,559) (799) 15,381 15,622 190,071
Net income (loss) (7,094) 19,093 (111,322) (19,791) 10,239 5,032 61,223
Research and development costs 84,690 82,870 82,058 68,849 54,377 52,106 633,970
Capital expenditures 73,104 63,955 55,624 25,937 31,813 38,908 473,390
Depreciation and amortization 89,603 79,209 78,406 47,395 41,159 37,651 458,097
Net cash provided by (used in)
operating activities 160,229 112,060 44,253 56,542 32,395 26,678 324,589
Net cash provided by (used in)
investing activities (76,419) (50,770) (61,002) (43,203) (23,615) (31,528) (383,598)
Free cash flow 83,810 61,289 (16,748) 13,338 8,780 (4,849) (59,005)
Net cash provided by (used in)
financing activities
(30,150) (70,663) (9,558) (41,087) (42,691) (57,406) (698,454)