(7.6) -
Total operating expenses 539.2 387.0
Operating income 163.0 141.2
Interest income 12.7 19.8
Interest expense (17.3) (7.8)
Other income, net 12.7 0.5
Total other income, net 8.1 12.5
Income before income taxes and equity in earnings of
equity method investees 171.1 153.7
Income taxes (44.1) (41.5)
Equity in earnings of equity method investees, net of
taxes 1.6 0.5
Net income 128.6 112.7
(1) Cost of product sales does not include amortization of intangible
assets relating to intellectual property rights acquired, which is included
in Depreciation and amortization. Amortization of intangible assets
relating to favourable manufacturing contracts is recorded in Cost of
product sales.
(2) Costs, predominantly relating to manufacturing set-up costs for new
products, of $1.8 million for the three months to March 31, 2007, have been
reclassified from Research and development to Cost of product sales.
Unaudited US GAAP results for the three months to March 31, 2008
Consolidated Statements of Operations (continued)
3 months to March 31, 2008 2007
Earnings per ordinary share - basic 23.6c 21.6c
Earnings per ordinary share - diluted 22.7c 21.3c
Earnings per ADS - diluted 68.1c 63.9c
Weighted average number of shares:
Million
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SOURCE Shire plc Copyright©2008 PR Newswire. All rights reserved | |
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