Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 0.0 | 0.0 | 0.0 | 11,671.0 | | 7,228.0 | 6,835.0 | 4,999.0 |
Revenue growth | | | -100.0% | | | 5.7% | 36.7% | |
Cost of goods sold | 3,514.0 | 3,044.0 | 3,016.0 | 0.0 | | 0.0 | 0.0 | 0.0 |
Gross profit | -3,514.0 | -3,044.0 | -3,016.0 | 11,671.0 | | 7,228.0 | 6,835.0 | 4,999.0 |
Gross margin | | | | 100.0% | | 100.0% | 100.0% | 100.0% |
General and administrative | 2,982.0 | 3,101.0 | 2,740.0 | 2,549.0 | | 2,202.0 | 2,134.0 | 1,524.0 |
EBITA | 0.0 | 0.0 | 0.0 | 6,573.0 | | 3,243.0 | 2,641.0 | 1,923.0 |
EBITA margin | | | | 56.3% | | 44.9% | 38.6% | 38.5% |
Amortization of intangibles | | | | | | | 150.0 | 61.0 |
EBIT | 0.0 | 0.0 | 0.0 | 6,573.0 | | 3,243.0 | 2,491.0 | 1,862.0 |
EBIT margin | | | | 56.3% | | 44.9% | 36.4% | 37.2% |
Pre-tax income | 0.0 | 0.0 | 0.0 | 2,469.0 | | 642.0 | 949.0 | 712.0 |
Income taxes | 0.0 | 0.0 | 0.0 | 295.0 | | -276.0 | -182.0 | -14.0 |
Tax rate | | | | 11.9% | | | | |
Net income | 0.0 | 0.0 | 0.0 | 3,177.0 | | 1,360.0 | 1,337.0 | 1,029.0 |
Net margin | | | | 27.2% | | 18.8% | 19.6% | 20.6% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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