Ricoh 2006 Annual Report Download - page 28

Download and view the complete annual report

Please find page 28 of the 2006 Ricoh annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

27 ANNUAL REPORT 2006
Consolidated Statements of Income
Ricoh Company, Ltd. and Consolidated Subsidiaries Thousands of
For the Years Ended March 31, 2004, 2005 and 2006 Millions of Yen U.S. Dollars
2004 2005
2006 2006
Net Sales:
Products ¥1,074,893 ¥ 1,067,736
¥ 1,108,746 $ 9,476,462
Post sales and rentals 597,989 627,991
693,138 5,924,256
Other revenue 107,363 118,381
113,206 967,573
Total 1,780,245 1,814,108
1,915,090 16,368,291
Cost of Sales:
Products 693,087 713,057
738,962 6,315,915
Post sales and rentals 245,512 259,591
293,559 2,509,051
Other revenue 76,020 86,883
82,958 709,043
Total 1,014,619 1,059,531
1,115,479 9,534,009
Gross profit 765,626 754,577
799,611 6,834,282
Selling, Gener al and Administrative Expenses
623,935 619,071
647,597 5,535,017
Transfer to the government of the substitutional portion of
Employees’ Pension Fund:
Settlement loss 48,657 –
– –
Subsidy from government ( 56,972) –
– –
Operating income 150,006 135,506
152,014 1,299,265
Other ( Income) Expenses:
Interest and dividend incom e ( 1,925) ( 2,240)
(2,896) (24,752)
Interest expense 5,290 4,684
5,242 44,803
Foreign currency exchange ( gain) loss, net 6,136 ( 1,547)
(3,748) (32,034)
Other, net ( 2,558) ( 774)
(2,783) (23,786)
Total 6,943 123
(4,185) (35,769)
Income befor e Income Taxes, Minor ity Inter ests, Equity in Earnings
of Affiliates and Cumulative Effect of Accounting Change
143,063 135,383
156,199 1,335,034
Provision for Income Taxes:
Current 53,303 39,281
60,857 520,145
Deferred 3,338 11,353
(3,294) (28,154)
Total 56,641 50,634
57,563 491,991
Income befor e Minority Interests, Equity in Ear nings of
Affiliates and Cumulative Effect of Accounting Change
86,422 84,749
98,636 843,043
Minority Inter ests
4,094 4,726
4,185 35,769
Equity in Earnings of Affiliates
2,065 3,120
2,606 22,273
Income befor e Cumulative Effect of Accounting Change
84,393 83,143
97,057 829,547
Cumulative Effect of Accounting Change, net of tax
7,373 –
– –
Net Income
¥ 91,766 ¥ 83,143
¥ 9 7 ,0 5 7 $ 8 2 9 ,5 4 7
Yen U.S. Dollars
Per Shar e of Common Stock:
Incom e before cumulative effect of accounting change 113.69 112.64
132.33 1.13
Cumulative effect of accounting change 9.94 –
– –
Net income 123.63 112.64
132.33 1.13
Weighted average comm on shares outstanding ( Thousand of shares) 742,293 738,160
733,434 733,434
Cash dividends paid per share ¥ 15.00 ¥ 20.00
¥ 22.00 $ 0.19
Per Amer ican Depositary Shar e, each representing 5 shares of common stock:
Incom e before cumulative effect of accounting change 568.45 563.20
661.65 5.66
Cumulative effect of accounting change 49.70 –
– –
Net income 618.15 563.20
661.65 5.66
Cash dividends paid per share ¥ 75.00 ¥ 100.00
¥ 110.00 $ 0.94
The accompanying notes to consolidated financial statem ents are an in tegral part of these statements.