Sony 2015 Annual Report Download - page 140

SONY CORPORATION AND CONSOLIDATED SUBSIDIARIES
Consolidated Statements of Income
Fiscal year ended March 31
Yen in millions
2014 2015 2016
Sales and operating revenue:
Net sales 6,682,274 7,035,537 6,949,357
Financial services revenue 988,944 1,077,604 1,066,319
Other operating revenue 96,048 102,739 90,036
7,767,266 8,215,880 8,105,712
Costs and expenses:
Cost of sales 5,140,053 5,275,144 5,166,894
Selling, general and administrative 1,728,520 1,811,461 1,691,930
Financial services expenses 816,158 882,990 907,758
Other operating expense, net 48,666 181,658 47,171
7,733,397 8,151,253 7,813,753
Equity in net income (loss) of affiliated companies (7,374) 3,921 2,238
Operating income 26,495 68,548 294,197
Other income:
Interest and dividends 16,652 12,887 12,455
Gain on sale of securities investments, net 12,049 8,714 52,068
Other 13,752 3,475 2,326
42,453 25,076 66,849
Other expenses:
Interest 23,460 23,600 25,286
Loss on devaluation of securities investments 1,648 852 3,309
Foreign exchange loss, net 9,224 20,533 20,565
Other 8,875 8,910 7,382
43,207 53,895 56,542
Income before income taxes 25,741 39,729 304,504
Income taxes:
Current 101,243 80,751 94,578
Deferred (6,661) 7,982 211
94,582 88,733 94,789
Net income (loss) (68,841) (49,004) 209,715
Less — Net income attributable to noncontrolling interests 59,528 76,976 61,924
Net income (loss) attributable to Sony Corporation’s stockholders (128,369) (125,980) 147,791
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