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Amgen's Second Quarter 2012 Revenues Increased 13 Percent To $4.5 Billion And Adjusted Earnings Per Share (EPS) Increased 34 Percent To $1.83
Date:7/26/2012

keted 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 endedSix months ended June 30, June 30, 2012201120122011Revenues:Product sales

$  4,200$  3,893$  8,101$  7,511Other revenues

27766424154Total revenues

4,4773,9598,5257,665Operating expenses:Cost of sales (excludes amortization of certainacquired intangible assets presented below)

6826021,3611,166Research and development

8268191,5621,555Selling, general and administrative

1,2281,1302,3042,153Amortization of certain acquired intangible assets

7373147147Other

7938519Total operating expenses

2,8882,6275,4595,040Operating income

1,5891,3323,0662,625Interest expense, net

256122491257Interest and other income, net

124129248277Income before income taxes

1,4571,3392,8232,645Provision for income taxes

191169373350Net income

$  1,266$  1,170$  2,450$  2,295Earnings per share:Basic

$
.63$
.26$
3.13$
2.47Diluted

$
.61$
.25$
3.09$
2.45Average shares used in calculationof earnings per share:Basic

776927783930Diluted

785935792938 

 Amgen Inc.Product S
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SOURCE Amgen
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