Restatement of Consolidated Financial Statements for the fiscal year Ending December 31, 2006
29 März 2007 - 9:00AM
PR Newswire (US)
TOKYO, March 29 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro
(TSE:4704) ( NASDAQ: TMIC) , a leader in network antivirus and
Internet content security software and services, today is restating
its Consolidated Financial Statements for the fiscal year ending
December 31, 2006, which were previously announced on February 21,
2007. Amendments (Revised figures please refer to the amended
table.) 3 CONSOLIDATED FINANCIAL STATEMENTS (3) CONSOLIDATED
STATEMENTS OF COMPREHENSIVE INCOME (As Originally Reported)
(Thousands of yen) For the For the year year Account ended ended
December 31, December 31, 2005 2006 Net income 18,669,954
17,236,190 Other comprehensive income (loss), before tax:
Unrealized gains (losses) on debt and equity securities: Unrealized
holding gains (loss) arising during period 1,375,136 959,373 Less
reclassification adjustment for (gains) losses included in net
income (704,199) (381,360) 670,937 578,013 Foreign currency
translation adjustments 2,066,063 1,451,107 Unrecognized pension
liabilities; Pension liability adjustment to initially apply SFAS
No.158 -- (164,786) Total 2,737,000 1,864,334 Tax effect of other
comprehensive income(loss): Income tax expense related to
unrealized gains (losses) on debt and equity securities (297,400)
(223,070) Income tax expense related to unrecognized pension
liabilities -- (17,069) (297,400) (240,139) Other comprehensive
income (loss), net of tax 2,439,600 1,624,195 Comprehensive income
21,109,554 18,860,385 (As Amended) (Thousands of yen) For the For
the year year Account ended ended December 31, December 31, 2005
2006 Net income 18,669,954 17,236,190 Other comprehensive income
(loss), before tax: Unrealized gains (losses) on debt and equity
securities: Unrealized holding gains (loss) arising during period
1,375,136 959,373 Less reclassification adjustment for (gains)
losses included in net income (704,199) (381,360) 670,937 578,013
Foreign currency translation adjustments 2,066,063 1,451,107 Total
2,737,000 2,029,120 Tax effect of other comprehensive income
(loss): Income tax expense related to unrealized gains (losses) on
debt and equity securities (297,400) (223,070) (297,400) (223,070)
Other comprehensive income (loss), net of tax 2,439,600 1,806,050
Comprehensive income 21,109,554 19,042,240 For additional
Information: Mr. Mahendra Negi Chief Financial Officer/IR Officer
Phone: +81-3-5334-4899 Fax: +81-3-5334-4874 Email: DATASOURCE:
Trend Micro Inc. CONTACT: Mahendra Negi of Trend Micro,
+81-3-5334-4899, or fax, +81-3-5334-4874, or Web site:
http://www.trendmicro.com/
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