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Matsushita Electric Industrial Co., Ltd.
Consolidated Statement of Income * (Three months ended June 30)
Yen U.S. Dollars
(millions) (millions)
2001 2000 2001
Net sales ¥ 1,674,784 ¥ 1,772,375 $ 13,506
Cost of sales (1,222,393) (1,258,800) (9,858)
Selling, general and
administrative expenses (491,077) (492,378) (3,960)
Operating profit (loss) (38,686) 21,197 (312)
Other income (deductions):
Interest income 9,572 10,807 77
Dividend income 5,465 8,547 44
Interest expense (11,060) (11,069) (89)
Other income (loss), net 13,513 (903) 109
Income (loss) before income taxes (21,196) 28,579 (171)
Provision for income taxes (7,412) (18,534) (60)
Minority interests 10,381 (2,870) 84
Equity in earnings (losses)
of associated companies (1,146) 2,224 (9)
Net income (loss) ¥ (19,373) ¥ 9,399 $ (156)
(Parentheses indicate expenses or deductions.)
* See notes to consolidated financial statements.
Supplementary Information
(Three months ended June 30)
Yen U.S. Dollars
(millions) (millions)
2001 2000 2001
Depreciation (tangible assets) ¥ 78,352 ¥ 76,918 $ 632
Capital investment ¥ 94,709 ¥ 97,047 $ 764
R&D expenditures ¥ 134,174 ¥ 131,593 $ 1,082
Total employees (June 30) 293,322 299,028
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