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MITSUBISHI MOTORS CORPORATION
Annual Report 2013
34
Consolidated Statements of Income
Mitsubishi Motors Corporation and Consolidated Subsidiaries
(In millions of yen) (In thousands of
U.S. dollars) (Note 2)
For the years ended March 31,
2013 2012 2013
Net sales ¥1,815,113 ¥1,807,293 $19,299,449
Cost of sales 1,475,141 1,487,267 15,684,655
Gross profit 339,971 320,025 3,614,794
Selling, general and administrative expenses (Note 10) 272,589 256,350 2,898,342
Operating income 67,382 63,674 716,451
Interest and dividends income 4,890 4,501 52,001
Interest expenses 10,624 13,706 112,965
Other gain (loss), net (Notes 5 and 11) 7,747 (12,851) 82,380
Income (loss) before income taxes and minority interests 69,396 41,618 737,867
Income taxes (Note 18):
Current 17,383 13,302 184,834
Deferred 10,385 1,937 110,428
27,769 15,239 295,262
Income (loss) before minority interests 41,627 26,378 442,605
Minority interests in income 3,648 2,450 38,789
Net income (loss) (Note 23) ¥37,978 ¥ 23,928 $ 403,815
See accompanying notes to consolidated financial statements.