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Shire Delivers Strong 2012 Results and Reiterates Confidence in 2013
Date:2/14/2013

6 446.8 1,636.7 1,391.0

The following table reconciles US GAAP net cash provided by operating activities to Non GAAP free cash flow:

3 months to December 31, Year to December 31, 2012 2011 2012 2011 $M $M $M $M Net cash provided by operating activities 371.7 409.4 1,382.9 1,073.6 Up-front payments in respect of in-licensed and acquired products - - 23.0 - Capital expenditure (58.0) (58.4) (149.6) (194.3) Non GAAP free cash flow 313.7 351.0 1,256.3 879.3

Non GAAP net cash/(debt) comprises:

December 31, December 31, 2012 2011 $M $M Cash and cash equivalents 1,482.2 620.0 Convertible bonds (1,100.0) (1,100.0) Other debt (9.3) (8.2) Non GAAP net cash/(debt) 372.9 (488.2)

NOTES TO EDITORS

Shire enables people with life-altering conditions to lead better lives.

Through our deep understanding of patients' needs, we develop and provide healthcare in the areas of:

  • Behavioral Health and Gastro Intestinal conditions
  • Rare Diseases
  • Regenerative Medicine

as well as other symptomatic conditions treated by specialist physicians.

We aspire to imagine and lead the future of healthcare, creating value for patients, physicians, policymakers, payors and our shareholders.

http://www.shire.com

THE "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Statements included herein that are not historical facts are forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, Shire's results could be materially adversely affected. The risks and uncertainties include, but are not limited to, that:

  • Shire's products may not be a commercial success;
  • revenu
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SOURCE Shire plc
Copyright©2012 PR Newswire.
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