Mitsubishi 2000 Annual Report Download - page 46

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Consolidated statements of operations
44
Year ended March 31,
2000 1999 2000
(In millions of yen) (In thousands of
U.S. dollars)
(Note 3)
Net sales ¥ 3,334,974 ¥ 3,512,606 $ 31,417,560
Cost of sales 2,789,769 2,897,616 26,281,385
Reversal of deferred profit on installment sales 802 2,016 7,555
Gross profit 546,006 617,006 5,143,721
Selling, general and administrative expenses 523,533 584,858 4,932,011
Operating income 22,473 32,147 211,710
Interest and dividend income 17,138 17,448 161,451
Interest expense 44,996 55,847 423,891
Other, net (Note 11) (7,266) 18,035 (68,450)
Income (loss) before income taxes (12,651) 11,783 (119,180)
Income taxes:
Current 9,165 5,749 86,340
Deferred 7,144 1,986 67,301
16,310 7,735 153,650
Minority interests 5,629 1,621 53,029
Net income (loss) ¥ (23,331) ¥ 5,668 $ (219,793)
(In U.S. dollars)
(In yen) (Note 3)
Per share of common stock:
Net income (loss):
Basic ¥ (24.87) ¥ 6.15 $ (0.23)
Fully diluted – 5.93 –
Cash dividends – – –
See accompanying notes to consolidated financial statements.
Mitsubishi Motors Corporation and Consolidated Subsidiaries
Consolidated Statements of Operations