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

age number of shares outstanding of 1,305.2 million in the first quarter of 2011 and 1,307.3 in the  first quarter of 2010.Appendix 9: Definitions Re-presentation of Merial resultsIn accordance with IFRS 5.36 and as Merial has ceased to be qualified as held for sale or exchange in Q1/2011, the results of Merial classified as held for sale or exchange in previously-issued financial statements have been reclassified and included in income from continuing operations for all periods presented.

Definitions of non-GAAP financial indicatorsNet sales at constant exchange rates

When we refer to changes in our net sales "at constant exchange rates," this means that we exclude the effect of changes in exchange rates.

We eliminate the effect of exchange rates by recalculating net sales for the relevant period at the exchange rates used for the previous period.

Reconciliation of reported net sales to net sales at constant exchange rates for the first quarter of 2011(millions of euros)Q1 2011Net sales

7,779Effect of exchange rates

(289)Net sales at constant exchange rates

7,490Net sales on a constant structure basis

We eliminate the effect of changes in structure by restating prior-period net sales as follows:

  • by including sales from the acquired entity or product rights for a portion of the prior period equal to the portion of the current period during which we owned them, based on sales information we receive from the party from whom we make the acquisition;
  • similarly, by excluding sales in the relevant portion of the prior period when we have sold an entity or rights to a product;
  • for a change in consolidation method, by recalculating the prior period on the basis of the method used for the current period.

  • Worldwide presence of Plavix®/Iscover®, Avapro®/Aprovel®

    When we refer to the "worldwide presence" of a product, we mean our consolida
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