Consolidated Statements of Income

(unit: million yen)

For the years ended March 31	2016	2017	2018	2019	2020
Net sales	1,884,656	1,587,085	1,777,344	1,962,308	1,925,235
Cost of sales	1,239,020	1,051,885	1,203,991	1,407,345	1,343,965
Gross profit	645,636	535,200	573,353	554,963	581,269
Selling, general and administative expenses	453,627	476,834	457,050	461,258	479,761
Supply and sales expenses	385,572	410,125	392,680	392,466	408,857
General and administrative expenses	68,054	66,708	64,370	68,791	70,903
Operating profit	192,008	58,365	116,302	93,704	101,508
Non-operating income	15,570	14,293	13,057	13,771	20,429
Interest income	615	901	1,158	1,612	2,330
Dividends income	1,878	2,178	2,967	2,812	5,433
Rent income	2,177	1,740	1,637	1,668	-
Share of profit of entities accounted for using equity method	2,122	3,583	2,493	2,794	5,211
Foreign exchange gains	1,733	-	-	-	-
Miscellaneous income	7,043	5,889	4,800	4,883	7,453
Non-Operating expenses	18,769	16,971	17,813	18,089	19,202
Interest expenses	12,158	11,514	11,619	11,091	11,412
Environmental maintenance expenses	-	-	-	-	-
Miscellaneous expenses	6,610	5,457	6,193	6,997	7,789
Ordinary profit	188,809	55,688	111,546	89,386	102,735
Extraordinary income	-	15,730	6,452	35,727	11,627
Extraordinary loss	33,040	2,408	3,213	7,865	46,796
Profit before income taxes	155,768	69,010	114,784	117,248	67,566
Income taxes current	43,782	25,271	31,527	26,113	31,196
Income taxes deferred	-991	-10,305	7,957	6,823	-7,197
Profit (loss) attributable to non-controlling of interests	1,040	910	312	-244	184
Profit attributable owners of parent	111,936	53,134	74,987	84,555	43,382

* Some items in the accompanying financial statements have been summarized to preserve simplicity. Such changes are unaudited.