Toyota 2015 Annual Report Download - page 208

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TOYOTA MOTOR CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Statements of income -
Yen in millions
For the years ended March 31,
2014 2015 2016
Non-Financial Services Businesses
Net revenues ........................................... 24,343,613 25,643,508 26,581,102
Costs and expenses
Cost of revenues .................................... 20,004,553 20,933,168 21,474,386
Selling, general and administrative ...................... 2,334,404 2,319,262 2,589,082
Total costs and expenses .......................... 22,338,957 23,252,430 24,063,468
Operating income ....................................... 2,004,656 2,391,078 2,517,634
Other income (expense), net ............................... 140,067 136,797 117,930
Income before income taxes and equity in earnings of affiliated
companies ........................................... 2,144,723 2,527,875 2,635,564
Provision for income taxes ................................ 669,173 763,445 752,248
Equity in earnings of affiliated companies .................... 316,612 306,749 327,167
Net income ............................................ 1,792,162 2,071,179 2,210,483
Less - Net income attributable to noncontrolling interests ........ (164,709) (130,172) (117,544)
Net income attributable to Toyota Motor Corporation
- Non-Financial Services Businesses ...................... 1,627,453 1,941,007 2,092,939
Financial Services Business
Net revenues ........................................... 1,421,047 1,661,149 1,896,224
Costs and expenses
Cost of revenues .................................... 840,905 955,380 1,181,437
Selling, general and administrative ...................... 285,251 343,936 375,561
Total costs and expenses .......................... 1,126,156 1,299,316 1,556,998
Operating income ....................................... 294,891 361,833 339,226
Other income (expense), net ............................... 1,451 3,190 8,579
Income before income taxes and equity in earnings of affiliated
companies ........................................... 296,342 365,023 347,805
Provision for income taxes ................................ 98,589 130,049 126,319
Equity in earnings of affiliated companies .................... 1,764 1,796 1,932
Net income ............................................ 199,517 236,770 223,418
Less - Net income attributable to noncontrolling interests ........ (3,819) (4,417) (3,963)
Net income attributable to Toyota Motor Corporation
- Financial Services Business ............................ 195,698 232,353 219,455
Eliminations ........................................... (32) (22) 300
Net income attributable to Toyota Motor Corporation ........... 1,823,119 2,173,338 2,312,694
F-67