Fujitsu 2005 Annual Report Download - page 34

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32 Fujitsu Limited
Yen U.S. dollars
(millions) (thousands)
(excluding per share data, D/E ratio, and number of employees)
2001 2002 2003 2004 2005 2005
Net sales ¥5,484,426 ¥5,006,977 ¥4,617,580 ¥4,766,888 ¥4,762,759 $44,511,766
Operating income (loss) 244,026 (74,426) 100,427 150,342 160,191 1,497,112
Income (loss) before income taxes
and minority interests 157,564 (594,733) (147,606) 157,018 223,526 2,089,028
Net income (loss) 8,521 (382,542) (122,066) 49,704 31,907 298,196
Total assets ¥5,200,071 ¥4,595,804 ¥4,225,361 ¥3,865,589 ¥3,640,198 $34,020,542
Shareholders’ equity 1,214,383 853,756 702,390 827,177 856,990 8,009,252
Amounts per share of common stock
(Yen and U.S. dollars):
Earnings (loss)
Basic ¥ 4.3 ¥ (193.0) ¥ (61.3) ¥ 24.5 ¥ 15.4 $ 0.144
Diluted 4.3 (193.0) (61.3) 22.2 13.9 0.130
Cash dividends 10.0 5.0 — 3.0 6.0 0.056
Shareholders’ equity 614.2 426.5 350.8 413.2 414.2 3.871
Interest-bearing loans ¥1,636,224 ¥1,760,626 ¥1,763,769 ¥1,277,121 ¥1,082,788 $10,119,514
D/E ratio (times) 1.35 2.06 2.51 1.54 1.26
Free cash flow 129,653 (102,892) 53,382 371,434 262,103 2,449,561
R&D expenses ¥ 403,405 ¥ 349,855 ¥ 285,735 ¥ 250,910 ¥ 240,222 $ 2,245,065
Capital expenditure 438,043 306,966 147,620 159,795 181,402 1,695,346
Number of employees 187,399 170,111 157,044 156,169 150,970
Net sales by business segment
(excluding intersegment sales):
Software & Services ¥2,014,375 ¥2,085,863 ¥2,025,790 ¥2,094,261 ¥2,070,444 $19,349,944
Platforms 2,349,854 2,015,226 1,612,016 1,608,178 1,705,124 15,935,738
Electronic Devices 759,723 546,555 618,632 734,320 733,866 6,858,561
Financing 107,246 114,472 119,279 50,391 ——
Other operations 253,228 244,861 241,863 279,738 253,325 2,367,523
Total ¥5,484,426 ¥5,006,977 ¥4,617,580 ¥4,766,888 ¥4,762,759 $44,511,766
Net sales by customers’
geographic location:
Japan ¥3,590,282 ¥3,460,915 ¥3,280,665 ¥3,378,265 ¥3,340,664 $31,221,159
Europe 725,756 643,260 568,763 605,051 633,243 5,918,159
The Americas 765,288 542,144 390,482 324,269 320,971 2,999,729
Others 403,100 360,658 377,670 459,303 467,881 4,372,719
Total ¥5,484,426 ¥5,006,977 ¥4,617,580 ¥4,766,888 ¥4,762,759 $44,511,766
Notes: 1. See Note 17 of Notes to Consolidated Financial Statements for specific calculation of basic and diluted earnings per share.
2. The U.S. dollar amounts stated above and in the following Management’s Discussion and Analysis of Operations have been translated from yen,
for readers’ convenience only, at the rate of ¥107 = US$1, which was the approximate rate on the Tokyo Foreign Exchange Market at March 31,
2005.
3. Cash dividends per share of common stock for the year ended March 31, 2005 are the total of interim and year-end dividends approved by the
Company’s board of directors on October 28, 2004 and at the Annual Shareholders’ Meeting on June 23, 2005, respectively.
4. The capital expenditure stated above excludes intangible assets.
Five-Year Summary
Fujitsu Limited and Consolidated Subsidiaries
Years ended March 31