Lilly ICOS LLC
Condensed Consolidated Statements of Operations
(in thousands of US$)
(unaudited)
Three Months Ended
March 31,
-----------------------------
2006 2005
Revenue ------------ -----------
Product sales, net $167,274 $111,194
Royalties 11,088 7,790
------------ -----------
Total revenue 178,362 118,984
------------ -----------
Expenses
Cost of sales 13,382 9,752
Selling, general and administrative 86,517 137,027
Research and development 13,502 13,874
------------ -----------
Total expenses 113,401 160,653
------------ -----------
Net income (loss) $64,961 $(41,669)
============ ===========
Lilly ICOS LLC
SUMMARIZED OPERATING RESULTS
(in thousands US$)
(unaudited)
2006 2005
----------- ----------------------
Q1 Q1 Q2
----------- ---------- ----------
Revenue:
Product sales, net:
United States $82,537 $42,744 $71,118
Europe 67,586 56,264 60,925
Canada and Mexico 17,151 12,186 13,839
----------- ---------- ----------
167,274 111,194 145,882
Royalties 11,088 7,790 9,010
----------- ---------- ----------
178,362 118,984 154,892
----------- ---------- ----------
Expenses:
Cost of sales 13,382 9,752 11,934
Selling, general and
administrative 86,517 137,027 126,232
Research and development 13,502 13,874 18,413
----------- ---------- ----------
113,401 160,653 156,579
----------- ---------- ----------
Net income (loss) $64,961 $(41,669) $(1,687)
=========== ========== ==========
Lilly ICOS LLC
SUMMARIZED OPERATING RESULTS
(in thousands US$)
(unaudited)
2005
-----------------------------------
Q3 Q4 TOTAL
----------- ---------- ----------
Revenue:
Product sales, net:
United States $77,438 $81,615 $272,915
Europe 61,992 65,311 244,492
Canada and Mexico 14,727 18,575 59,327
----------- ---------- ----------
154,157 165,501 576,734
Royalties 8,172 8,997 33,969
----------- ---------- ----------
162,329 174,498 610,703
----------- ---------- ----------
Expenses:
Cost of sales 12,378 13,200 47,264
Selling, general and
administrative 112,152 84,416 459,827
Research and development 18,035 15,494 65,816
----------- ---------- ----------
142,565 113,110 572,907
----------- ---------- ----------
Net income (loss) $19,764 $61,388 $37,796
=========== ========== ==========
(Logo: http://www.newscom.com/cgi-bin/prnh/20040122/LILLYICOSLOGO )
Terra Fox of Lilly, +1-317-276-5795; or Lacy Fitzpatrick of ICOS, +1-425-415-2207 Photo: http://www.newscom.com/cgi-bin/prnh/20040122/LILLYICOSLOGO, PRN Photo Desk, photodesk@prnewswire.com
