2000 annual report casio has applied its technological competencies the manufacture of products that are compact lightweight and energy efficient to build a leading position in portable information appliances centered on cassiopeia pocket pcs we leveraging these fundamental strengths hardware devices expand our mobile network solutions business forge strategic alliances with international players contents consolidated financial highlights 1 message from president 2 s 4 trends activities 8 review 16 balance sheets 20 statements operations 22 shareholders equity 23 cash flows 24 notes 26 independent public accountants 35 six year summary 36 principal subsidiaries 37 directors corporate auditors 39 data thousands millions yen us dollars 1999 for net sales 410 338 451 141 3 871 113 operating income 19 477 12 551 183 745 loss before taxes 275 495 115 802 6 173 534 58 236 capital investment 546 31 212 335 340 research development expenses
