Epson 2014 Annual Report Download - page 50

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Consolidated Statements of Operations
For the years ended March 31, 2013 and 2014
The accompanying notes are an integral part of these financial statements.
Thousands of U.S.
dollars
March 31,
2013
March 31,
2014
March 31,
2014
Net sales ¥851,297 ¥1,003,606 $9,751,321
Cost of sales 616,857 680,630 6,613,195
Gross profit 234,439 322,976 3,138,126
Selling, general and administrative expenses 213,184 238,007 2,312,553
Operating income 21,255 84,968 825,573
Non-operating income:
Interest income 805 2,079 20,200
Rent income 1,200 1,112 10,804
Other 2,321 3,886 37,776
Total non-operating income 4,327 7,078 68,780
Non-operating expenses:
Interest expenses 3,041 2,549 24,766
Foreign exchange losses 2,944 9,632 93,587
Other 1,967 1,744 16,955
Total non-operating expenses 7,953 13,926 135,308
Ordinary income 17,629 78,121 759,045
Extraordinary income:
Gain on sales of non-current assets 215 313 3,041
Compensation income －741 7,199
Insurance income 4,463 340 3,303
Other 571 701
Total extraordinary income 4,684 1,466 14,244
Extraordinary loss:
Impairment loss 4,605 4,315 41,925
Loss on litigation 16,268 2,227 21,638
Other 4,919 1,127 10,970
Total extraordinary losses 25,792 7,670 74,533
Income (loss) before income taxes and
minority interests
(3,479) 71,916 698,756
Income taxes - current 7,964 18,709 181,781
Income taxes - deferred (1,521) (30,734) (298,619)
Total income taxes 6,443 (12,025) (116,838)
Income (loss) before minority interests (9,922) 83,941 815,594
Minority interests in income 168 243 2,361
Net income (loss) (¥10,091) ¥83,698 $813,233
Millions of yen
49