Yamaha 2002 Annual Report Download - page 21

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Millions of Yen
2002 2001 2000 1999 1998 1997
For the year:
Net sales.......................................................... ¥504,406 ¥519,104 ¥527,897 ¥563,751 ¥608,990 ¥604,746
Cost of sales..................................................... 340,411 346,200 371,758 402,239 416,435 409,256
Gross profit...................................................... 163,994 172,904 156,140 161,511 192,556 195,490
Selling, general and administrative expenses .... 152,951 149,902 148,057 161,608 168,452 165,859
Operating income (loss) ................................... 11,043 23,001 8,082 (97) 24,103 29,631
(Loss) income before income taxes and
minority interests........................................... (5,784) 23,491 (47,601) (6,532) 18,995 24,354
Net (loss) income ............................................. (10,274) 13,320 (40,777) (15,879) 13,475 14,066
At year-end:
Total assets...................................................... ¥509,663 ¥522,486 ¥543,088 ¥532,852 ¥544,465 ¥549,162
Total shareholders’ equity ............................... 201,965 196,733 221,750 214,896 231,940 219,970
Total current assets ......................................... 211,140 231,872 205,979 212,911 217,408 231,853
Total current liabilities.................................... 144,498 175,371 178,281 189,386 181,409 191,327
Yen
Amounts per share:
Net (loss) income:
Primary........................................................ ¥ (49.75) ¥ 64.50 ¥ (197.45) ¥ (76.89) ¥ 65.25 ¥ 71.97
After full dilution......................................... — 61.84 — — 62.86 65.83
Shareholders’ equity ........................................ 978.15 952.62 1,073.75 1,040.56 1,123.09 1,065.17
Ratios:
Current ratio (%) ............................................. 146.1% 132.2% 115.5% 112.4% 119.8% 121.2
Shareholders’ equity ratio (%) ......................... 39.6 37.7 40.8 40.3 42.6 40.1
Return on assets (%)........................................ (2.0) 2.5 (7.6) (2.9) 2.5 2.6
Return on equity (%) ....................................... (5.2) 6.4 (18.7) (7.1) 6.0 7.2
Notes:1. Figures for net sales do not include national consumption tax.
2. Net income per share after full dilution (yen) for the fiscal years ended March 31, 2002, 2000 and 1999 is not presented because net
losses for the years then ended were recorded.
Yamaha Corporation Annual Report 2002 Six-Year Summary
19
Six-Year Summary
YAMAHA CORPORATION and Consolidated Subsidiaries
At March 31
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