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sanofi-aventis: Strong Performance of Growth Platforms in Q1 2011
Date:4/28/2011

able to equity holders of sanofi-aventisMillions of eurosQ1 2011Q1 2010(1)

% changeBusiness net income2,1702,427(10.6%)Amortization of intangible assets(2)

(736)

(848)Impairment of intangible assets

(32)Fair value remeasurement of contingent

consideration liabilities

(46)Expenses arising from the impact of acquisitions on inventories

(2)

(62)Restructuring costs

(122)

(167)Other gains and losses, and litigation(3)

(517)Discontinuation of depreciation of PP&E* (IFRS5)18Tax effect of :

510

349Amortization of intangible assets

263

282Impairment of intangible assets

10Expenses arising on the workdown of acquired inventories17Restructuring costs

42

56Other gains and losses, and litigation

195Discontinuation of depreciation of PP&E (IFRS5)*(6)Other tax items4Restructuring costs of associates and joint ventures, and expenses arising from the impact of acquisitions on associates and joint ventures

(7)

(7)Net income attributable to equity holders of sanofi-aventis1,2181,714(28.9%)Consolidated earnings per share(4) (in euros)0.931.31(29.0%)(1) the results of operations of the Merial business previously presented as "held-for-exchange" were reclassified and included in income from continuing operations in accordance with IFRS5 section 36, following the announcement to maintain Merial and Intervet/Schering-Plough as two separate organizations.(2) Of which amortization expense generated by the remeasurement of intangible assets as part of business  combinations: euro  686 million in the first quarter of 2011 and euro  801 million in the first quarter of 2010.(3) In 2011: non-recurring amortization charge in respect of 2009 and 2010 depreciation and amortization expense on PP&E* and intangible assets
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