Pioneer 2008 Annual Report Download - page 36

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PIONEER CORPORATION
34
Consolidated Statements of Operations
Pioneer Corporation and Subsidiaries
Years ended March 31
Millions of Yen
Thousands of
U.S. Dollars
(Note 1)
2006 2007 2008 2008
Revenues and other income:
Operating revenue:
Net sales ¥746,424 ¥792,441 ¥772,478 $7,724,780
Royalty revenue 8,540 4,661 1,999 19,990
Total operating revenue 754,964 797,102 774,477 7,744,770
Interest income 2,658 5,873 6,508 65,080
Gain on sale of fi xed assets (Note 18) – 1,238 12,426 124,260
Others (Notes 6 and 19) 6,789 2,263 2,023 20,230
Total revenues and other income 764,411 806,476 795,434 7,954,340
Cost and expenses:
Cost of sales 593,238 614,444 601,875 6,018,750
Selling, general and administrative expenses 178,135 170,171 161,695 1,616,950
Interest expense 1,479 2,622 1,897 18,970
Loss on sale and disposal of fi xed assets 2,704 1,423 684 6,840
Other deductions (Notes 11, 18 and 19) 60,020 25,533 25,849 258,490
Total cost and expenses 835,576 814,193 792,000 7,920,000
Income (loss) from continuing operations before income taxes (71,165) (7,717) 3,434 34,340
Income taxes (Note 14):
Current 8,074 9,180 7,979 79,790
Deferred (12,734) (7,422) 13,277 132,770
Total income taxes (4,660) 1,758 21,256 212,560
Loss from continuing operations before minority interest
and equity in earnings (losses) (66,505) (9,475) (17,822) (178,220)
Minority interest in losses (earnings) of subsidiaries 4,774 (404) (306) (3,060)
Equity in earnings (losses) of affi liated companies (Note 9) (24,027) 343 136 1,360
Loss from continuing operations (85,758) (9,536) (17,992) (179,920)
Income from discontinued operations, net of tax (Note 5) 772 2,775 – –
Net loss ¥ (84,986) ¥ (6,761) ¥ (17,992) $ (179,920)
Yen
U.S. Dollars
(Note 1)
2006 2007 2008 2008
Basic net income (loss) per share of common stock (Note 23):
Loss from continuing operations ¥(491.66) ¥(54.67) ¥(98.23) $(0.98)
Income from discontinued operations, net of tax 4.43 15.91 ––
Net loss ¥(487.23) ¥(38.76) ¥(98.23) $(0.98)
Diluted net income (loss) per share of common stock (Note 23):
Loss from continuing operations ¥(491.66) ¥(54.67) ¥(98.23) $(0.98)
Income from discontinued operations, net of tax 4.43 15.91 – –
Net loss ¥(487.23) ¥(38.76) ¥(98.23) $(0.98)
See notes to consolidated financial statements.