Mori-Gumi Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Mar '11 Mar 31, 2011	Mar '10 Mar 31, 2010	Mar '09 Mar 31, 2009	Mar '08 Mar 31, 2008	Mar '07 Mar 31, 2007
Operating Revenue	31,414	29,040	40,238	37,990	35,411
Other Revenue	548	-	-	-	-
Revenue	31,962	29,040	40,238	37,990	35,411
Revenue Growth (YoY)	10.06%	-27.83%	5.92%	7.28%	-20.85%
Cost of Revenue	30,314	27,297	38,245	36,480	35,353
Gross Profit	1,648	1,743	1,993	1,510	58
Selling, General & Admin	1,203	1,190	1,252	1,246	1,743
Other Operating Expenses	-	-	-	-15	-
Operating Expenses	1,116	1,136	2,199	1,614	1,759
Operating Income	532	607	-206	-104	-1,701
Interest Expense	-124	-138	-162	-170	-218
Interest & Investment Income	10	15	15	37	25
Earnings From Equity Investments	-	-	-	26	24
Other Non Operating Income (Expenses)	-20	-20	32	8	31
EBT Excluding Unusual Items	398	464	-321	-203	-1,839
Gain (Loss) on Sale of Investments	-	-2	-214	-25	2
Gain (Loss) on Sale of Assets	-	-	-	-	-1,108
Asset Writedown	-	-	-14	-2	-322
Legal Settlements	-	-	-5	-	-3
Other Unusual Items	102	-56	304	16	3,938
Pretax Income	500	406	-250	-214	668
Income Tax Expense	31	25	30	51	51
Earnings From Continuing Operations	469	381	-280	-265	617
Minority Interest in Earnings	-	-	-	1	3
Net Income	469	381	-280	-264	620
Net Income to Common	469	381	-280	-264	620
Net Income Growth	23.10%	-	-	-	33.91%
Shares Outstanding (Basic)	33	33	33	33	33
Shares Outstanding (Diluted)	33	33	33	33	33
Shares Change (YoY)	-0.00%	-0.01%	-0.01%	-0.03%	-0.01%
EPS (Basic)	14.31	11.63	-8.54	-8.06	18.91
EPS (Diluted)	14.31	11.63	-8.54	-8.06	18.91
EPS Growth	23.10%	-	-	-	33.92%
Free Cash Flow	-135	3,388	1,026	-1,956	1,391
Free Cash Flow Per Share	-4.12	103.40	31.31	-59.68	42.43
Gross Margin	5.16%	6.00%	4.95%	3.98%	0.16%
Operating Margin	1.66%	2.09%	-0.51%	-0.27%	-4.80%
Profit Margin	1.47%	1.31%	-0.70%	-0.69%	1.75%
Free Cash Flow Margin	-0.42%	11.67%	2.55%	-5.15%	3.93%
EBITDA	674	757	-30	10	-1,600
EBITDA Margin	2.11%	2.61%	-0.07%	0.03%	-4.52%
D&A For EBITDA	142	150	176	114	101
EBIT	532	607	-206	-104	-1,701
EBIT Margin	1.66%	2.09%	-0.51%	-0.27%	-4.80%
Effective Tax Rate	6.20%	6.16%	-	-	7.63%
Revenue as Reported	-	29,040	40,239	37,990	35,411

Source: S&P Global Market Intelligence. Standard template. Financial Sources.