30 TOSHIBA CORPORATION MANAGEMENT’S DISCUSSION AND ANALYSIS Thousands of Millions of yen U.S. dollars Year ended March 31 2003 2002 2001 2003 Operating income (loss): Information & Communications Systems ¥ 10,407 ¥ 9,662 ¥ 23,744 $ 86,725 Social Infrastructure Systems 20,655 13,601 9,338 172,125 Power Systems 21,603 26,828 17,457 180,025 Digital Media 9,316 (14,873) 18,041 77,633 Home Appliances 3,477 11,358 18,429 28,975 Electronic Devices & Components 30,490 (176,277) 116,354 254,083 Others 18,602 15,314 27,153 155,017 Eliminations 992 812 1,617 8,267 Consolidated ¥ 115,542 ¥ (113,575) ¥ 232,133  $ 962,850 Identifiable assets: Information & Communications Systems ¥ 634,859 ¥ 679,932 ¥ 639,880 $ 5,290,492 Social Infrastructure Systems 848,591 878,829 855,684 7,071,592 Power Systems 564,556 597,794 632,643 4,704,633 Digital Media 614,608 598,894 643,045 5,121,733 Home Appliances 380,628 381,563 417,088 3,171,900 Electronic Devices & Components 1,294,040 1,386,600 1,441,406 10,783,667 Others 942,449 907,652 1,138,414 7,853,742 Corporate and Eliminations (40,795) (23,482) (43,596) (339,959) Consolidated ¥ 5,238,936 ¥ 5,407,782 ¥ 5,724,564 $ 43,657,800 Depreciation and amortization: Information & Communications Systems ¥ 26,626 ¥ 34,033 ¥ 29,339 $ 221,883 Social Infrastructure Systems 18,907 25,088 22,030 157,558 Power Systems 11,649 18,153 15,572 97,075 Digital Media 21,054 27,456 27,107 175,450 Home Appliances 18,950 18,646 21,884 157,917 Electronic Devices & Components 126,649 163,141 184,496 1,055,409 Others 37,000 39,722 39,388 308,333 Corporate — — — — Consolidated ¥ 260,835 ¥ 326,239 ¥ 339,816  $ 2,173,625 Capital expenditures: Information & Communications Systems ¥ 23,578 ¥ 41,286 ¥ 37,571 $ 196,483 Social Infrastructure Systems 19,496 16,885 11,399 162,467 Power Systems 6,712 10,370 12,467 55,933 Digital Media 21,117 32,460 25,568 175,975 Home Appliances 20,850 21,683 20,713 173,750 Electronic Devices & Components 117,171 210,918 157,879 976,425 Others 47,893 45,230 37,152 399,108 Corporate — — — — Consolidated ¥ 256,817 ¥ 378,832 ¥ 302,749  $ 2,140,141