5 years Financial Summary | FAST RETAILING CO., LTD.

	Fiscal Years (Unit; Yen in Billion)
	2003	2004	2005	2006	2007
Consolidated Balance Sheet
Current Assets	170	180	180	250	217
Cash and Deposits	76	83	74	121	64
Marketable Securities	47	52	46	25	55
Inventories	20	28	33	42	33
Fixed Assets	49	60	92	129	141
Total Assets	219	240	272	379	359
Current Liabilities	78	78	74	112	90
Fixed Liabilities	0	1	11	26	25
Total Liabilities	79	79	85	139	116
Minority Interests	-	-	5	-	-
Net Assets	140	161	182	240	243
Total Liabilities, Minority Interests and Net Assets	219	240	282	379	359
Consolidated Income Statement
Net Sales	309	339	383	448	525
Cost of Sales	137	163	170	212	248
SG&A expenses	95	99	113	142	183
Operating Profits	41	63	56	70	64
Income from Ordinary operations	41	64	58	73	64
Income before income tax and minority interests	34	56	58	72	62
Income Tax - Current	17	23	23	32	31
Income Tax - Deferred	▲4	1	0	▲1	0
Minority Interests	-	0	0	1	0
Net Income	20	31	33	40	31
Consolidated Cash Flow Statement
Cash Flow from operating activities	35	44	15	57	18
Cash Flow from investing activities	▲10	▲20	▲16	▲41	▲28
Cash Flow from financing activities	▲10	▲8	▲14	1	▲12
Increase/decrease of cash and cash equivalents	15	12	▲15	18	▲22
Amount of cash and cash equivalents	123	136	121	141	119

Note:
Changes in Accounting Policies
The Company has made the following changes in its accounting policies in response to the passage of Japan’s Company Law in May 2006.

Balance Sheets
The Shareholders’ Equity section on the balance sheets has been eliminated, and a new section, Net Assets, has been added. With this change, all accounting items that can be classi-fied as assets have been included under Assets, and all accounting items classifiable as liabilities have been included under Liabilities. Accounting items that are not classifiable as assetsor liabilities have been entered under Net Assets, which is the numerical difference between total assets and total liabilities. For comparison purposes, the items formerly included in Shareholders’ Equity have been included under Net Assets.