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BioMarin Announces Fourth Quarter and Full Year 2008 Financial Results
Date:2/18/2009

e data) December 31, December 31, 2007 2008 ASSETS Current assets: Cash and cash equivalents $228,343 $222,900 Short-term investments 357,251 336,892 Accounts receivable, net 16,976 54,298 Advances to BioMarin/Genzyme LLC 2,087 174 Inventory 32,445 73,162 Other current assets 7,195 50,270 Total current assets 644,297 737,696 Investment in BioMarin/Genzyme LLC 44,881 915 Other investments -- 1,633 Property, plant and equipment, net 76,818 124,979 Intangible assets, net 9,596 7,626 Goodwill 21,262 21,262 Other assets 18,425 12,584 Total assets $815,279 $906,695 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and accrued liabilities $49,907 $58,851 Current portion of acquisition obligation, net of discount 6,309 70,741 Deferred revenue 5,327 307 Other current liabilities -- 182 Total current liabilities 61,543 130,081 Convertible debt 497,375 497,083 Long-term portion of acquisition obligation, net of discount
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SOURCE BioMarin Pharmaceutical Inc.
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