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              [html]<thead><tr><td>Nissan Motor Co, Ltd. and Consolidated Subsidiaries Fiscal years 2004.2003 and 2002</td><td></td><td></td><td></td></tr><tr><td>Millions of yen</td><td>2004.31.20</td><td>2003Me. 31.2004</td><td>2002Met 31.2008</td></tr></thead><tbody><tr><td>Net sales</td><td>¥ 8.576.277</td><td>¥ 7.429.219</td><td>¥ 6.828.588</td></tr><tr><td>Cost of sales ( N = 166 #< 11 )</td><td>6.351.269</td><td>5.310.172</td><td>4.872.324</td></tr><tr><td>Gross profit</td><td>2.225.008</td><td>2.119.047</td><td>1.956.264</td></tr><tr><td>Selling, general and administrative expenses ( Notes 6ond 11 )</td><td>1.363.848</td><td>1.294.192</td><td>1.219.034</td></tr><tr><td>Operating income</td><td>861.160</td><td>824.855</td><td>737.230</td></tr><tr><td>Other income ( expenses ):</td><td>Interest income</td><td>14.934</td><td>10.321</td></tr><tr><td>7.566</td><td>Interest expense</td><td>( 26.656 )</td><td>( 27.290 )</td></tr><tr><td>( 25.060 )</td><td>Equity in earnings of unconsolidated</td><td>subsidiaries and affiliates</td><td>36.790</td></tr><tr><td>11.623</td><td>11.395</td><td>Other, net ( Note 12 )</td><td>( 92.995 )</td></tr><tr><td>( 83.012 )</td><td>( 36.507 )</td><td>( 67.927 )</td><td>( 88.358 )</td></tr><tr><td>( 42.606 )</td><td>Income before income taxes and</td><td>minority interests</td><td>793.233</td></tr><tr><td>736.497</td><td>694.624</td><td>Income taxes ( Nete 15 ):</td><td>Current</td></tr><tr><td>179.226</td><td>137.745</td><td>113.185</td><td>Deferred</td></tr><tr><td>78.837</td><td>81.295</td><td>85.513</td><td>258.063</td></tr><tr><td>219.040</td><td>198.698</td><td>Minority interests</td><td>( 22.889 )</td></tr><tr><td>( 13.790 )</td><td>( 761 )</td><td>Net income ( Note 18 )</td><td>¥ 512.281</td></tr><tr><td>¥ 503.667</td><td>¥</td><td>495.165</td></tr><tr></tr><tr></tr></tbody>
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