Sony 2000 Annual Report Download - page 74

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72
SONY CORPORATION ANNUAL REPORT 2000
Unaudited
Year ended March 31
1999 2000 2000
Yen in millions Dollars in millions
Net sales (No change) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥6,415,418 ¥6,238,401 $58,853
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174,870 123,1 83 1 ,1 62
Yen Dollars
Net income per common share:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥197.5 ¥1 38.1 $1.30
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 178.4 126.5 1.19
Prior to the exchange those three subsidiaries were
consolidated subsidiaries, and Sony’s consolidated
financial statements include operating results of those
subsidiaries for the full year. After the date of the
exchange, minority interest income or losses relating
to these subsidiaries were no longer recognized in
Sony’s consolidated financial statements. The following
unaudited consolidated pro forma information shows the
results of Sony’s consolidated operations for the years
ended March 31, 1999 and 2000 as though the exchanges
were made as of the beginning of each year presented.
The pro forma results of operations are not necessar-
ily indicative of the actual results of operations that
would have occurred had the exchanges been con-
summated at the beginning of the respective years, or
of results that may occur in the future. The pro forma
net income per common share for the years ended
March 31, 1999 and 2000 reflects the two-for-one stock
split that has become effective on May 19, 2000.