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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
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Canon Inc., Consolidated Income Statement
USD $ in millions, translated from JPY ￥
| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
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Net sales | |
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Cost of sales | |
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Gross profit | |
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Selling, general and administrative expenses | |
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Research and development expenses | |
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Operating expenses | |
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Operating profit | |
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Interest and dividend income | |
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Interest expense | |
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Other, net | |
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Other income (deductions) | |
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Income before income taxes | |
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Income taxes | |
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Consolidated net income | |
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Net income attributable to noncontrolling interests | |
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Net income attributable to Canon Inc. | |
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| Item | Description | The company |
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| Net sales | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Canon Inc.'s net sales increased from 2009 to 2010 and from 2010 to 2011. |
| Operating profit | The net result for the period of deducting operating expenses from operating revenues. | Canon Inc.'s operating profit increased from 2009 to 2010 and from 2010 to 2011. |
| Income before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Canon Inc.'s income before income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Consolidated net income | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Canon Inc.'s consolidated net income increased from 2009 to 2010 and from 2010 to 2011. |
| Net income attributable to Canon Inc. | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Canon Inc.'s net income attributable to Canon Inc. increased from 2009 to 2010 and from 2010 to 2011. |
May 23, 2012