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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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Panasonic Corp., Consolidated Income Statement
USD $ in millions, translated from JPY ￥
| 12 months ended | Mar 31, 2011 | Mar 31, 2010 | Mar 31, 2009 | Mar 31, 2008 | Mar 31, 2007 | Mar 31, 2006 | |
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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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Dividends received | |
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Other income | |
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Other deductions | |
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Income (loss) before interest and income taxes | |
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Interest income | |
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Interest expense | |
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Income (loss) before income taxes | |
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Provision for income taxes | |
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Equity in earnings of associated companies | |
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Net income (loss) | |
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Net (income) loss attributable to noncontrolling interests | |
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Net income (loss) attributable to Panasonic Corporation | |
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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. | Panasonic Corp.'s net sales increased from 2009 to 2010 and from 2010 to 2011. |
| Income (loss) before interest and income taxes | The net result for the period of deducting operating expenses from operating revenues. | Panasonic Corp.'s income (loss) before interest and income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Income (loss) 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. | Panasonic Corp.'s income (loss) before income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Net income (loss) | The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. | Panasonic Corp.'s net income (loss) increased from 2009 to 2010 and from 2010 to 2011. |
| Net income (loss) attributable to Panasonic Corporation | 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. | Panasonic Corp.'s net income (loss) attributable to Panasonic Corporation increased from 2009 to 2010 and from 2010 to 2011. |
February 8, 2012