Consolidated Statements of Operations Toshiba Corporation and its subsidiaries For the years ended March 31, 2002 and 2001 Thousands of U.S. dollars Millions of Yen (Note 3) 2002 2001 2002 Sales and other income: Net sales ¥5,394,033 ¥5,951,357 $40,556,639 Interest and dividends 14,704 18,230 110,556 Other income (Notes 4 and 9) 59,100 110,601 444,361 5,467,837 6,080,188 41,111,556 Costs and expenses: Cost of sales (Notes 10 and 12) 4,070,130 4,323,525 30,602,481 Selling, general and administrative (Notes 10, 11 and 12) 1,437,478 1,395,699 10,808,105 Restructuring charges (Note 14) 208,954 — 1,571,083 Interest 29,891 41,102 224,744 Other (Notes 4 and 13) 98,071 131,763 737,376 5,844,524 5,892,089 43,943,789 Income (loss) before income taxes, minority  interest and equity in earnings of affiliates (376,687) 188,099 (2,832,233) Income taxes (Note 15) : Current 36,185 53,223 272,068 Deferred (150,100) 42,922 (1,128,572) (113,915) 96,145 (856,504) Income (loss) before minority interest and equity in  earnings of affiliates (262,772) 91,954 (1,975,729) Minority interest in income (loss) of consolidated subsidiaries (6,315) 5,140 (47,481) Income (loss) before equity in earnings of affiliates (256,457) 86,814 (1,928,248) Equity in earnings of affiliates (Note 7) 2,440 9,354 18,346 Net income (loss) ¥ (254,017) ¥ 96,168 $ (1,909,902) U.S. dollars Yen (Note 3) Per share (Note 18): Net income (loss): Basic ¥(78.91) ¥29.88 $(0.593) Diluted (78.91) 29.71 (0.593) Cash dividends — ¥10.00 — The accompanying notes are an integral part of these statements. 44