Consolidated Financial Results (200KB | 32P) - hino global

(2) Consolidated Statements of IncomeHino Motors, Ltd. (7205) Financial Results for the Fiscal Year Ended March 31, 2008FY2007from April 1, 2006to March 31, 2007FY2008from April 1, 2007to March 31, 2008(millions of yen)Change fromthe prior yearAccountAmountPercentage(%)AmountPercentage(%)ChangeI. Net sales 1,287,668 100.0 1,368,633 100.0 80,965II. Cost of sales 1,105,994 85.9 1,172,976 85.7 66,982Gross profit on sales 181,674 14.1 195,656 14.3 13,982III. Selling, general andadministrative expenses1. Sales charges 8,173 10,2352. Freight, charges andstorage3. Provision of warrantyallowance10,105 12,15810,633 10,9354. Advertisement expenses 3,292 3,8795. Salary and benefits 38,679 39,3656. Provision of accruedbonuses7. Provision of accrueddirectors’ bonuses2,982 2,998370 5038. Retirement benefit cost 3,169 3,5459. Provision of accrueddirectors’ retirement- 717benefits10. Rent expenses 5,930 6,31211. Provision of allowance fordoubtful accounts- 78812. Others 61,635 144,972 11.2 58,326 149,767 10.9 4,795Operating income 36,701 2.9 45,889 3.4 9,187IV. Non-operating income1. Interest income 1,409 1,7932. Dividends income 1,822 1,2683. Gain on foreign exchange 684 -4. Rental income 659 3675. Investment gain on equitymethod1,219 8716. Other income 1,633 7,430 0.6 1,446 5,747 0.4 (1,682)V. Non-operating expenses1. Interest expenses 5,076 5,1062. Loss on foreign exchange - 2,9723. Other expenditure 2,214 7,290 0.6 2,523 10,602 0.8 3,311Ordinary income 36,841 2.9 41,035 3.0 4,193- 11 -