FIN551_week0_sp18.pdf - FIN 551 Week 0 TOYOTA MOTOR...

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FIN 551 Week 0
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TOYOTA MOTOR CORPORATION FY2018 First Quarter Financial Summary (All financial information has been prepared in accordance with U.S. generally accepted accounting principles) (2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income First quarter for the three months ended June 30 Consolidated Statements of Income (Yen in millions) FY2017 first quarter (Three months ended June 30, 2016) FY2018 first quarter (Three months ended June 30, 2017) Increase (Decrease) Net revenues: Sales of products 6,159,004 6,578,122 419,118 Financing operations 430,109 469,484 39,375 Total net revenues 6,589,113 7,047,606 458,493 Costs and expenses: Cost of products sold 5,013,808 5,442,731 428,923 Cost of financing operations 265,418 310,332 44,914 Selling, general and administrative 667,657 720,249 52,592 Total costs and expenses 5,946,883 6,473,312 526,429 Operating income 642,230 574,294 (67,936) Other income (expense): Interest and dividend income 56,761 66,760 9,999 Interest expense (4,923) (4,388) 535 Foreign exchange gain (loss), net (29,305) 22,791 52,096 Other income (loss), net
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