Olympus 2009 Annual Report Download - page 38

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36
Millions of yen
Thousands of
U.S. dollars (Note 1)
2009 2008 2007 2009
Net sales ................................................................................................ ¥ 980,803 ¥ 1,128,875 ¥ 1,061,786 $ 10,324,242
Cost of sales........................................................................................... 519,580 619,396 611,503 5,469,263
Gross profit ............................................................................................ 461,223 509,479 450,283 4,854,979
Selling, general and administrative expenses ......................................... 426,636 396,856 351,554 4,490,905
Operating income ................................................................................... 34,587 112,623 98,729 364,074
Other Income (Expenses):
Interest expense, net ........................................................................... (13,970) (11,177) (11,256) (147,053)
Loss on available-for-sale securities, net ............................................ (14,564) (163) (820) (153,305)
Foreign currency exchange gain (loss), net ........................................... 5,009 457 (4,120) 52,726
Net loss of investment in affiliated companies carried on the equity
method (Note 3g)................................................................................. (1,704) (2,766) (2,394) (17,937)
Loss on investment in partnership (Notes 3d and 3e) ........................... — (2,893) — —
Gain on sales of investment securities in subsidiaries and affiliates .... — 312 163 —
Gain on sales of property, plant and equipment ................................... — 1,478 — —
Net gains due to decrease in equity interest in subsidiaries ................. — 1,909 — —
Gain on transfer of business ................................................................ — 300 — —
Impairment loss on fixed assets (Note 17) ............................................ (1,815) (1,093) (1,619) (19,105)
Amortization of goodwill (Note 18) ....................................................... (76,201) — — (802,116)
Loss on prior period adjustment (Note 19) ............................................ (15,516) — — (163,326)
Other, net ............................................................................................. (7,127) (4,375) (5,103) (75,021)
Total .................................................................................................. (125,888) (18,011) (25,149) (1,325,137)
Income (loss) before provision for income taxes ..................................... (91,301) 94,612 73,580 (961,063)
Provision for Income Taxes (Note 13):
Current ................................................................................................ 25,465 38,952 31,682 268,053
Deferred .............................................................................................. 405 (2,192) (5,601) 4,263
Total .................................................................................................. 25,870 36,760 26,081 272,316
Minority interests in losses of consolidated subsidiaries ....................... 2,361 117 300 24,853
Net income (loss) ................................................................................... ¥ (114,810) ¥ 57,969 ¥ 47,799 $ (1,208,526)
Yen U.S. dollars (Note 1)
Amounts per Share of Common Stock:
Earnings per share-Basic ..................................................................... ¥ (428.83) ¥ 214.48 ¥ 176.79 $ (4.514)
- D i l u t e d .................................................................. ¥ — ¥ 214.44 ¥ — $ —
Cash Dividends, Applicable to the Year
Actual .................................................................................................. ¥ 20.00 ¥ 40.00 ¥ 35.00 $ 0.211
See accompanying notes to consolidated financial statements.
Consolidated Statements of Operations
Olympus Corporation and Consolidated Subsidiaries
For the years ended March 31, 2009, 2008 and 2007