Applied Technology Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007	Dec '06 Dec 31, 2006
Revenue	2,420	4,380	5,210	5,487	5,425
Revenue Growth (YoY)	-44.75%	-15.93%	-5.05%	1.14%	1.00%
Cost of Revenue	1,851	3,674	4,227	4,358	4,514
Gross Profit	569.16	705.74	982.5	1,129	911.13
Selling, General & Admin	478.21	839.85	886.54	831.15	819.8
Other Operating Expenses	9.55	19.02	18.82	19.59	21.91
Operating Expenses	491	881.68	917.89	855.83	863.92
Operating Income	78.17	-175.94	64.61	273.25	47.21
Interest Expense	-	-6.73	-3.46	-4.52	-5.92
Interest & Investment Income	3.32	2.23	3.09	0.2	0.01
Other Non Operating Income (Expenses)	1.31	20.98	1.25	2.72	7.33
EBT Excluding Unusual Items	82.79	-159.46	65.49	271.65	48.63
Merger & Restructuring Charges	-	-	-3.32	-	20.97
Gain (Loss) on Sale of Investments	-10	-54.88	-	-9.94	-
Gain (Loss) on Sale of Assets	-	-	-0.18	-1.11	0.1
Asset Writedown	-1.24	-45.67	-3.66	-2.33	-7.69
Legal Settlements	-	-	1	-	-
Other Unusual Items	-	-	-	-4.57	-
Pretax Income	71.56	-260.01	59.34	253.69	62
Income Tax Expense	5.12	42.35	108.4	39.61	8.66
Net Income	66.44	-302.36	-49.07	214.08	53.35
Net Income to Common	66.44	-302.36	-49.07	214.08	53.35
Net Income Growth	-	-	-	301.29%	-74.41%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	-	-0.03%	-0.04%	-0.07%	-0.18%
EPS (Basic)	11.63	-52.95	-8.59	37.46	9.33
EPS (Diluted)	11.63	-52.95	-8.59	37.46	9.33
EPS Growth	-	-	-	301.31%	-74.43%
Free Cash Flow	276.97	-85.01	-74.44	408.75	203.2
Free Cash Flow Per Share	48.50	-14.88	-13.03	71.52	35.53
Gross Margin	23.52%	16.11%	18.86%	20.58%	16.79%
Operating Margin	3.23%	-4.02%	1.24%	4.98%	0.87%
Profit Margin	2.75%	-6.90%	-0.94%	3.90%	0.98%
Free Cash Flow Margin	11.45%	-1.94%	-1.43%	7.45%	3.75%
EBITDA	88.68	-136.3	115.24	325.61	94.34
EBITDA Margin	3.67%	-3.11%	2.21%	5.93%	1.74%
D&A For EBITDA	10.52	39.64	50.63	52.36	47.13
EBIT	78.17	-175.94	64.61	273.25	47.21
EBIT Margin	3.23%	-4.02%	1.24%	4.98%	0.87%
Effective Tax Rate	7.16%	-	182.69%	15.61%	13.96%
Revenue as Reported	2,420	-	-	-	5,425

Updated Feb 14, 2011. Source: S&P Global Market Intelligence. Standard template. Financial Sources.