30, 30, 30, 30,
2007 2006 2007 2006
$M $M $M $M
________ ________ ________ ________
CASH FLOWS FROM OPERATING
ACTIVITIES:
Net income/(loss) 34.7 87.2 (1,663.9) 209.6
Adjustments to reconcile net
income to net cash provided by
operating activities:
Depreciation and amortization:
- cost of product sales 1.8 1.4 4.4 3.5
- in other costs and expenses 46.3 25.6 107.4 72.3
Amortization of deferred
financing charges 1.4 - 10.6 -
Share based compensation 11.7 9.1 34.1 25.8
In-process R&D charge - - 1,896.0 -
Write down of long-term assets - - - 2.0
Equity in earnings of equity
method investees (0.5) (1.2) (1.7) (5.5)
Gain on sale of product rights (7.1) (63.0) (12.1) (63.0)
Gain on disposition of
discontinued operations - - - (40.6)
Changes in operating assets and
liabilities, net of acquisitions:
Decrease/(increase) in accounts
receivable 38.8 4.8 (64.2) 18.6
Increase in sales deduction
accrual 0.4 4.6 19.3 17.6
(Increase)/decrease in inventory (6.2) 2.4 (46.2) 10.7
(Increase)/decrease in
prepayments and other current
assets (8.6) (28.5) 2.7 (10.4)
Decrease
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