Sony 2006 Annual Report Download - page 88

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86
Consolidated Statements of Income
Sony Corporation and Consolidated Subsidiaries—Years ended March 31
Dollars in millions
Yen in millions (Note 3)
2004 2005 2006 2006
Sales and operating revenue:
Net sales (Note 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
¥6,883,478 ¥6,565,010 ¥6,692,776 $57,203
Financial service revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
565,752 537,715 720,566 6,159
Other operating revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
47,161 56,891 62,094 531
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7,496,391 7,159,616 7,475,436 63,893
Costs and expenses:
Cost of sales (Notes 18 and 19) . . . . . . . . . . . . . . . . . . . . . . . . . . .
5,058,205 5,000,112 5,151,397 44,029
Selling, general and administrative (Notes 15, 17, 18 and 19). . . . .
1,798,239 1,535,015 1,527,036 13,052
Financial service expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
505,550 482,576 531,809 4,545
Loss on sale, disposal or impairment of assets, net
(Notes 10 and 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
35,495 27,994 73,939 632
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7,397,489 7,045,697 7,284,181 62,258
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
98,902 113,919 191,255 1,635
Other income:
Interest and dividends (Note 6). . . . . . . . . . . . . . . . . . . . . . . . . . . .
18,756 14,708 24,937 213
Royalty income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34,244 31,709 35,161 301
Foreign exchange gain, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18,059
———
Gain on sale of securities investments, net (Notes 6 and 8) . . . . . .
11,774 5,437 9,645 82
Gain on change in interest in subsidiaries and equity investees
(Note 20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4,870 16,322 60,834 520
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
34,587 29,447 23,039 197
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
122,290 97,623 153,616 1,313
Other expenses:
Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27,849 24,578 28,996 248
Loss on devaluation of securities investments . . . . . . . . . . . . . . . .
16,481 3,715 3,878 33
Foreign exchange loss, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
—524 3,065 27
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
32,795 25,518 22,603 193
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
77,125 54,335 58,542 501
Income before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . .
144,067 157,207 286,329 2,447
Income taxes (Note 21):
Current . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
87,219 85,510 96,400 824
Deferred. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(34,445) (69,466) 80,115 684
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
52,774 16,044 176,515 1,508
Income before minority interest, equity in net income
of affiliated companies and cumulative effect
of an accounting change . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
91,293 141,163 109,814 939
Minority interest in income (loss) of consolidated subsidiaries . . . . .
2,379 1,651 (626) (5)
Equity in net income of affiliated companies (Note 6) . . . . . . . . . . .
1,714 29,039 13,176 113
Income before cumulative effect of an accounting change . . . .
90,628 168,551 123,616 1,057
Cumulative effect of an accounting change
(2004: Net of income taxes of ¥0 million
(2005: Net of income taxes of ¥2,675 million) (Note 2) . . . . . . . .
(2,117) (4,713) ——
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¥0,088,511 ¥0,163,838 ¥ 123,616 $ 1,057
(Continued on following page)