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Amgen's Full Year 2012 Revenues Increased 11 Percent To $17.3 Billion And Adjusted Earnings Per Share (EPS) Increased 22 Percent To $6.51
Date:1/23/2013

in of our current and future products and limits on supply may constrain sales of certain of our current products and product candidate development. In addition, we compete with other companies with respect to some of our marketed products as well as for the discovery and development of new products. Discovery or identification of new product candidates cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate will be successful and become a commercial product. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock.

 Amgen Inc.Condensed Consolidated Statements of Income - GAAP(In millions, except per share data)(Unaudited)Three months endedYears endedDecember 31, December 31, 2012201120122011Revenues:Product sales$  4,337$
3,907$ 16,639$ 15,295Other revenues8466626287Total revenues4,4213,97317,26515,582Operating expenses:Cost of sales (excludes amortization of certainacquired intangible assets presented below)8526562,9182,427Research and development9388513,3803,167Selling, general and administrative1,3701,2084,8014,486Amortization of certain acquired intangible assets7373294294Other10023295896Total operating expenses3,3332,81111,68811,270Operating income1,0881,1625,5774,312Interest expense, net2911951,053610Interest and other income, net12684485448Income before income taxes9231,0515,0094,150Provision for income taxes135117664467Net income$
788$
934$   4,345$   3,683Earnings per share:Basic$
.03$
.09$
5.61$
4.07Diluted$
.01$
.08$
5.52$
4.04Average shares used in calculationof earnings per share:Basic763854775905Diluted778861787912 Amgen Inc.Cond
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SOURCE Amgen
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