Income measurement Measurement Sample Income Statement Amber Corp, and subsldlarles $14,314 12,716 $13033 Equity income 51 Cost of goods sold 8333) 7.567 (8001) Gross profit $6,044 $5090 elling and administrative (2478) Research and development (1234) (85 Restructuring charge (1016) Interest expense (725 (715 Income before taxes $1,121 s154 s1,185 Income taxes (356 Income from continuing operations 785 s830 Gain from extinguishment of debt Loss from operating discontinued segment Gain from sale of discontinued segment Net 82 s(197 873 Foreign currency translation adjustments (31) Unrealized holding gains on available-for-sale securities Additional minimum pension liability adjustment Comprehensive income $929 s(233)Sample Income Statement Income Measurement Measurement Amber Corp. and Subsidiaries 2001 Sales $14,314 $12,716 $13,033 Equity income 51 39 43 Interest income 12 74 15 Cost of goods sold (8,333) (7,567) (8,001) Gross profit $ 6,044 $5,262 $ 5,090 Expenses: Selling and administrative $(2,964) $(2,478) $(2,396) Research and development (1234) (899) (855) Restructuring charge -- (1016) -- Interest expense (725) (715) (654) Income before taxes $ 1,121 $ 154 $ 1,185 Income taxes (336) (351) (356) Income from continuing operations $ 785 $ (197) $ 830 Gain from extinguishment of debt 38 -- -- Loss from operating discontinued segment -- 0 (23) Gain from sale of discontinued segment -- -- 66 Net income $ 823 $ (197) $ 873 Foreign currency translation adjustments 82 (54) (31) Unrealized holding gains on available-for-sale securities 24 22 6 Additional minimum pension liability adjustment 0 (4) -- Comprehensive income $ 929 $ (233) $ 848 2000 1999