Nikon 2013 Annual Report Download - page 36

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34
CONSOLIDATED STATEMENT OF INCOME
Nikon Corporation and Consolidated Subsidiaries
Year ended March 31, 2013
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
2012 2013 2013
Net sales ¥918,652 ¥1,010,494 $10,744,221
Cost of sales 567,000 663,509 7,054,858
Gross profit 351,652 346,985 3,689,363
Selling, general and administrative expenses (Note 10) 271,571 295,983 3,147,081
Operating income 80,081 51,002 542,282
Other income (expenses)
Interest and dividend income 2,072 2,069 22,002
Interest expense (1,038) (1,301) (13,830)
Foreign exchange gains (losses) 4,080 (7,300) (77,621)
Loss on sales of property, plant and equipment (4) (57) (610)
Loss on disposals of property, plant and equipment (251)
Loss on impairment of long-lived assets (Note 5) (6,503) (664) (7,057)
Loss on sales of investment securities (96) (32) (335)
Loss on valuation of investment securities (1) (36) (378)
Gain on sales of property, plant and equipment 160 302 3,216
Gain on sales of investment securities 65 5,133 54,574
Insurance income (Note 19) 15,920 8,865 94,255
Losses from natural disaster (Note 20) (12,505)
Equity in earnings of unconsolidated subsidiaries and associated companies 1,535 2,462 26,182
Other—net 2,653 1,414 15,020
Other income (expenses)—net 6,087 10,855 115,418
Income before income taxes and minority interests 86,168 61,857 657,700
Income taxes (Note 11):
Current 26,627 12,082 128,459
Deferred 235 7,316 77,789
Total income taxes 26,862 19,398 206,248
Net income before minority interests 59,306 42,459 451,452
Net income ¥ 59,306 ¥ 42,459 $ 451,452
Yen
U.S. Dollars
(Note 1)
Per share of common stock (Notes 2 (q) and 18):
Basic net income ¥149.57 ¥107.07 $1.14
Diluted net income 149.41 106.92 1.14
Cash dividends applicable to the year 38.00 31.00 0.33
See notes to consolidated financial statements.