Year 2 Power 88 Innovation & Power of brand Performance Corporate Data Corporate Governance 23 NISSAN Annual Report 2012 Financial Statements (Millions of yen) Consolidated Statements of Income Net sales Cost of sales Gross profit Selling, general and administrative expenses Advertising expenses Service costs Provision for warranty costs Other selling expenses Salaries and wages Retirement benefit expenses Supplies Depreciation and amortization Provision for doubtful accounts or reversal of provision for doubtful accounts Amortization of goodwill Other Total selling, general and administrative expenses Operating income Non-operating income Interest income Dividends income Equity in earnings of affiliates Exchange gain Derivative income Miscellaneous income Total non-operating income Non-operating expenses Interest expense Amortization of net retirement benefit obligation at transition Exchange loss Derivative loss Miscellaneous expenses Total non-operating expenses Ordinary income Special gains Gain on sales of fixed assets Gain on negative goodwill Gain on sales of investment securities Gain on contribution of securities to retirement benefit trust Other Total special gains Special losses Loss on sale of fixed assets Loss on disposal of fixed assets Impairment loss Write-down of investments and receivables Loss on adjustment for changes of accounting standard for asset retirement obligations Loss on disaster Special addition to retirement benefits Other Total special losses Income before income taxes and minority interests Income taxes-current Income taxes-deferred Total income taxes Income before minority interests Income attributable to minority interests Net income Current Fiscal Year From April 1, 2011 To March 31, 2012 8,773,093 7,155,100 1,617,993 187,490 52,865 93,842 118,304 333,824 21,906 6,369 56,860 21,425 5,786 181,855 1,080,526 537,467 14,551 1,045 43,022 — 14,102 13,883 86,603 28,357 10,671 28,854 GLYPH<.notdef>— 18,374 86,256 537,814 18,571 — 2,458 — 6,960 27,989 4,164 8,957 10,891 2,350 3,808  39,605 7,200 8,687 85,662 480,141 90,223 41,904 132,127 348,014 28,793 319,221 Prior Fiscal Year From April 1, 2010 To March 31, 2011 9,409,026 7,772,832 1,636,194 203,650  66,181  77,278  141,508  333,745  24,630  5,445  48,718  (8,127) 5,251  192,076  1,090,355 545,839  17,174 5,776 19,103 14,756 — 12,343 69,152 32,892 10,146 — 20,816 16,047 79,901 535,090 8,716 24,086 10,643 7,048 5,498 55,991 1,924 7,106 12,117 1,218 - 29,867 4,200 5,320 61,752 529,329 115,185 36,321 151,506 377,823 36,390 341,433