Annual Report 2012

Consolidated Statements of Income
Nipro Corporation and its Consolidated Subsidiaries
For the years ended March 31, 2012 and 2011
Millions of yen
Thousands of U.S. dollars
(Note 1)
2012 2011 2012
Net sales ······························································································· ¥ 212,013 ¥ 195,943 $ 2,579,547
Cost of sales ························································································ 149,253 137,768 1,815,951
Gross profit ······················································································· 62,760 58,175 763,596
Selling, general and administrative expenses (Notes 15 and 16) 46,935 40,950 571,055
Operating income ············································································· 15,825 17,225 192,541
Other income (expenses):
Interest and dividend income ···························································· 1,386 1,243 16,863
Interest expense ··············································································· (3,308) (2,431) (40,248)
Loss on sale and disposal of property, plant and equipment - net ····· (348) (155) (4,234)
Exchange gain (loss) ········································································· (1,997) (2,443) (24,297)
Equity in profit (loss) of an affiliated company ···································· (84) (201) (1,022)
Gain (loss) on sale of investment securities (Note 6) ·························· — 836 —
Loss on impairment of fixed assets ··················································· (529) (65) (6,436)
Abnormal manufacturing cost ··························································· — (208) —
Loss on devalution of marketable securities (Note 6) ························· — (231)
—
Reversal of provision (Provision) for loss on disaster ························· 117 (5,260) 1,424
Other income (loss)-net····································································· (40) (878) (487)
Income before income taxes and minority interests 11,022 7,432 134,104
Income taxes (Note 4):
Current ····························································································· 6,203 6,371 75,471
Deferred ··························································································· (197) (1,751) (2,397)
Net income before minority interests ············································· 5,016 2,812 61,030
Minority interests in income (loss) of consolidated subsidiaries 430 356 5,232
Net income ······················································································· ¥ 4,586 ¥ 2,456 $ 55,798
Yen
U.S. dollars
(Note 1)
Amounts per common share :
Basic earnings ·················································································· 35.3 19.4 0.43
Diluted earnings ················································································ 31.0 17.4 0.38
Cash dividends ·················································································
The accompanying notes are an integral part of these statements.
23.5 50.0 0.29
Consolidated Statements of Comprehensive Income
Nipro Corporation and its Consolidated Subsidiaries
For the years ended March 31, 2012 and 2011
Millions of yen
Thousands of U.S. dollars
(Note 1)
2012 2011 2012
Net income before minority interests ·············································
Other comprehensive income:
¥ 5,016 ¥ 2,812 $ 61,030
Unrealized gain (loss) on available-for-sale securities ······················ (17,915) (3,637) (217,971)
Foreign currency translation adjustment ········································ (6,984) (3,618) (84,974)
Comprehensive income ·····································································
Comprehensive income attributable to:
¥ (19,883) ¥ (4,443) $ (241,915)
Shareholders of the parent ···························································· (20,258) (4,754) (246,478)
Minority interests ···········································································
The accompanying notes are an integral part of these statements.
375 311 4,563
31 Nipro Corporation Annual Report 2012