Toshiba 2015 Annual Report Download - page 14

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(Billions of yen)
Financial Highlights (consolidated basis)
Please see P. 55 for the 7-year consolidated financial summary.
Notes: 1. Operating income is derived by deducting the cost of sales and selling, general and administrative expenses from net sales.
2. Net income (loss) attributable to shareholders of Toshiba Corporation is described as Net income (loss).
3. Equity attributable to shareholders of Toshiba Corporation is based on U.S. GAAP.
4. ROI = Operating income/(Average equity attributable to shareholders of Toshiba Corporation + Average equity attributable to noncontrolling interests + Average interest-bearing
debt) × 100
5. Basic earnings (losses) per share attributable to shareholders of Toshiba Corporation (EPS) is computed based on the weighted-average number of shares of common stock
outstanding during each period. Diluted EPS assumes the dilution that could occur if convertible bonds were converted or stock acquisition rights were exercised to issue common
stock, unless their inclusion would have an antidilutive eect.
6. According to the restatement of past nancial results, prior-period data up to FY2013 has been restated above.
FY10 FY11 FY12 FY13 FY14
Financial performance
Net sales (Total) ¥6,264.0 ¥5,996.4 ¥5,722.2 ¥6,489.7 ¥6,655.9
Net sales—Japan 2,858.0 2,774.2 2,625.0 2,727.4 2,706.0
—Overseas 3,406.0 3,222.2 3,097.2 3,762.3 3,949.9
Operating income
(Note 1) 244.5 114.9 92.1 257.1 170.4
Income from continuing operations,
before income taxes and noncontrolling interests
201.8 61.4 74.9 182.3 136.6
Net income (loss) (Note 2) 158.3 3.2 13.4 60.2 (37.8)
Financial position and indicators
Total assets 5,351.3 5,673.1 6,021.6 6,172.5 6,334.8
Equity attributable to shareholders
of Toshiba Corporation (Note 3) 793.9 718.7 824.6 1,027.2 1,084.0
Interest-bearing debt 1,083.8 1,235.8 1,471.6 1,388.4 1,341.4
Shareholders’ equity ratio (%) 14.8 12.7 13.7 16.6 17.1
Debt/equity ratio (Times)
1.4 1.7 1.8 1.4 1.2
Investment
R&D expenditures 318.8 319.4 300.0 327.9 352.7
Capital expenditures
(Property, plant and equipment) 229.9 298.1 237.3 229.5 218.5
Depreciation
(Property, plant and equipment) 209.2 198.9 153.8 125.9 133.1
Return indicators (%)
Return on investment (ROI) (Note 4) 11.0 5.1 3.7 9.3 5.9
Return on equity (ROE) 21.1 0.4 1.7 6.5 (3.6)
Return on assets (ROA) 2.9 0.1 0.2 1.0 (0.6)
Free cash flow
Net cash provided by operating activities
371.6 337.5 132.3 284.1 330.4
Net cash used in investing activities (214.7) (377.2) (196.3) (244.1) (190.1)
Free cash flow 156.9 (39.7) (64.0) 40.0 140.3
Per share of common stock (yen)
Net income (loss) (Note 5)
—basic 37.38 0.75 3.17 14.23 (8.93)
—diluted 35.90 0.74 — — —
Cash dividends 5.00 8.00 8.00 8.00 4.00
Number of employees (Thousands)
Number of employees 203 210 206 200 199
Japan 121 117 113 112 111
Overseas 82 93 93 88 88
13 TOSHIBA Annual Report 2015