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Amylin Pharmaceuticals Reports Fourth Quarter and Full Year 2011 Financial Results
Date:2/6/2012

uted

$ 0.09$ 0.13$ 0.09$  (0.15)Shares used in per share calculationsBasic

146,280144,033145,730143,525Diluted

146,778144,926146,274143,525(1) With the termination of the Lilly collaboration we have revised our non-GAAP presentation to exclude charges and credits relating to the reacquisition of the exenatide product rights, including amortization and interest expense relating to reacquired assets, and have added a new item to reflect an adjustment to GAAP operating loss for the payments we are required to make to Lilly for the promissory note related to the revenue sharing obligation, or 15% of net exenatide sales.AMYLIN PHARMACEUTICALS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in thousands)December 31,December 31,20112010(unaudited)AssetsCash, cash equivalents and short-term investments

$204,065

$442,663Restricted cash

10,519

15,000Accounts receivable, net

45,489

54,645Inventories, net

111,959

118,629Other current assets

49,158

45,458Property and equipment, net

831,162

811,745Intangible and other assets related
to economic rights reacquired or to be reacquired

601,539

-Other assets

16,308

43,289Total assets

$1,870,199

$1,531,429Liabilities and stockholders' equity Current liabilities

296,017

401,595Other liabilities, net of current portion

292,584

317,654Promissory note related to revenue sharing
obligation, net of current portion

924,306

-Long-term debt

496,037

468,697Stockholders' (deficit)/equity

(138,745)

343,483Total liabilities and stockholders' (deficit)/equity

$1,870,199

$1,531,429
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SOURCE Amylin Pharmaceuticals, Inc.
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