Nikon 2014 Annual Report Download - page 56

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Millions of Yen
Thousands of U.S.
Dollars (Note 1)
2013 2014 2014
Net sales ¥1,010,494 ¥980,556 $9,527,362
Cost of sales 663,509 630,568 6,126,782
Gross profit 346,985 349,988 3,400,580
Selling, general and administrative expenses (Note 10) 295,983 287,046 2,789,022
Operating income 51,002 62,942 611,558
Other income (expenses)
Interest and dividend income 2,069 2,073 20,143
Interest expense (1,301) (1,352) (13,134)
Foreign exchange losses (7,300) (5,487) (53,309)
Loss on sales of property, plant and equipment (57) (24) (233)
Loss on impairment of long-lived assets (Note 5) (664) (2,320) (22,541)
Loss on sales of investment securities (32) (12) (113)
Loss on valuation of investment securities (36) (459) (4,458)
Gain on sales of property, plant and equipment 302 239 2,318
Gain on sales of investment securities 5,133 1,485 14,427
Compensation income for expropriation (Note 19) 15,006 145,805
Insurance income 8,865
Environmental expenses (Note 20) (949) (9,224)
E quity in earnings of associated companies 2,462 2,328 22,623
Other — net 1,414 1,222 11,866
Other income (expenses) — net 10,855 11,750 114,170
Income before income taxes and minority interests 61,857 74,692 725,728
Income taxes (Note 11):
Current 12,082 11,714 113,820
Deferred 7,316 16,143 156,852
Total income taxes 19,398 27,857 270,672
Net income before minority interests 42,459 46,835 455,056
Minority interests in net income 10 93
Net income ¥ 42,459 ¥ 46,825 $ 454,963
Yen U.S. Dollars (Note 1)
Per share of common stock (Notes 2 (p) and 18):
Basic net income ¥107.07 ¥118.06 $1.15
Diluted net income 106.92 117.88 1.15
Cash dividends applicable to the year 31.00 32.00 0.31
See notes to consolidated financial statements.
Millions of Yen
Thousands of U.S.
Dollars (Note 1)
2013 2014 2014
Net income before minority interests ¥42,459 ¥46,835 $455,056
Other comprehensive income (Note 17):
Unrealized gain on available-for-sale securities 6,414 3,396 32,997
Deferred gain on derivatives under hedge accounting 1,376 56 548
Foreign currency translation adjustments 23,663 15,288 148,548
Remeasurements of defined benefit plans (205) 276 2,679
Share of other comprehensive income (loss) in associates 6 (19) (183)
Total other comprehensive income 31,254 18,997 184,589
Comprehensive income (Note 17) ¥73,713 ¥65,832 $639,645
Total comprehensive income attributable to:
Owners of the parent ¥73,713 ¥65,811 $639,444
Minority interests 21 201
See notes to consolidated financial statements.
Consolidated Statement of Income
Nikon Corporation and Consolidated Subsidiaries
Year ended March 31, 2014
Consolidated Statement of Comprehensive Income
Nikon Corporation and Consolidated Subsidiaries
Year ended March 31, 2014
FINANCIAL INFORMATION
54 NIKON REPORT 2014