Earnings release for the FY2003 ended March 31, 2004 - 5

Condensed Consolidated Statement of Income

For the fiscal years ended 31 March 2004 and 2003

million yen
Fiscal 2003 Fiscal 2002
Operating revenue 1,655,651 1,796,915
Operating costs and expenses 1,470,606 1,521,309
Operating income 185,045 275,606
Non-operating revenue 3,678 5,840
Non-operating expenses 7,515 9,577
Ordinary income 181,208 271,869
Extraordinary gains 9,948 1,564
Extraordinary losses 156,539 15,105
Profit (loss) before income taxes 34,617 258,328
Net income (loss) (100,042) 79,502
EBITDA 460,048 544,180
EBITDA margin (%) 27.8% 30.3%
[Notes]
  • Financial summary attached

Condensed Consolidated Balance Sheets

As of 30 September 2003 and 31 March 2003

million yen
  As of 31 March 2004 As of 31 March 2003
Assets
Fixed assets 1,130,494 1,521,309
Current assets 297,673 275,606
Total assets 1,428,167 5,840
Liabilities
Fixed liabilities 216,940 260,437
Current liabilities 685,329 1,006,914
Total liabilities 902,269 1,267,352
Minority stakes 164,359 106,432
Shareholders' equity 361,539 466,036
Total liabilities and shareholders'equity 1,428,167 1,839,821
[Notes]
  • Figures in above table are rounded down