|
Consolidated Statements of Income and Retained
Earnings (Unaudited)
Financial Highlights
Honda Motor Co., Ltd. and Subsidiaries
For the three months ended June 30, 1995 and 1996
|
Millions of yen
|
|
Three months
ended
June 30,1995
|
Three months
ended
June 30,1996
|
Net sales and other operating revenue
|
¥944,483
|
¥1,230,771
|
Operating costs and expenses:
|
-
Cost of sales
|
694,361
|
892,512
|
-
Selling, general and administrative
|
172,720
|
209,885
|
-
Research and development
|
51,196
|
59,726
|
---
Operating income
|
26,206
|
68,648
|
Other income:
|
-
Interest and other
|
2,777
|
15,564
|
Other expenses:
|
-
Interest
|
8,191
|
7,051
|
-
Other
|
1,922
|
1,102
|
---
Income before income taxes
|
18,870
|
76,059
|
Income taxes
|
10,767
|
35,063
|
---
Income before equity in income of affiliates
|
8,103
|
40,996
|
Equity in income of affiliates
|
3,819
|
4,712
|
---
Net income
|
11,922
|
45,708
|
Retained earnings:
|
-
Balance at beginning of period
|
1,187,057
|
1,243,759
|
---
Cash dividends paid
|
(6,819)
|
(6,820)
|
---
Transfer to legal reserves
|
(352)
|
(182)
|
-
Balance at end of period
|
¥1,191,808
|
¥1,282,465
|
|
|
|
Depreciation
|
¥28,499
|
¥31,685
|
Capital expenditures
|
26,576
|
32,556
|
|
Yen
|
Net income per
|
---
Common Share
|
¥12.23
|
¥46.91
|
---
American Share
|
24.46
|
93.82
|
|
