Problem -
Annual Balance Sheet (Sharebuilder CELG)
|
Assets(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
Cash & Equivalents
|
1,092
|
1,102
|
1,351
|
1,859
|
|
Receivables
|
312
|
439
|
706
|
946
|
|
Notes Receivable
|
0
|
0
|
0
|
0
|
|
Inventories
|
100
|
101
|
260
|
190
|
|
Other Current Assets
|
223
|
359
|
927
|
687
|
|
Total Current Assets
|
$2,841
|
$3,845
|
$4,343
|
$4,353
|
|
Net Property & Equipment
|
249
|
298
|
510
|
506
|
|
Investments & Advances
|
18
|
21
|
23
|
27
|
|
Other Non-Current Assets
|
0
|
0
|
0
|
0
|
|
Deferred Charges
|
0
|
0
|
0
|
0
|
|
Intangibles
|
1,024
|
928
|
5,145
|
4,732
|
|
Deposits & Other Assets
|
313
|
298
|
156
|
388
|
|
Total Assets
|
$4,445
|
$5,389
|
$10,177
|
$10,006
|
|
Liabilities(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
Notes Payable
|
0
|
0
|
0
|
0
|
|
Accounts Payable
|
54
|
37
|
94
|
122
|
|
Current Portion Long-Term Debt
|
0
|
0
|
0
|
527
|
|
Current Portion Capital Leases
|
0
|
0
|
0
|
0
|
|
Accrued Expenses
|
306
|
316
|
592
|
702
|
|
Income Taxes Payable
|
51
|
47
|
11
|
30
|
|
Other Current Liabilities
|
116
|
96
|
372
|
160
|
|
Total Current Liabilities
|
$527
|
$495
|
$1,070
|
$1,540
|
|
Mortgages
|
0
|
0
|
0
|
0
|
|
Deferred Taxes/Income
|
3
|
7
|
896
|
788
|
|
Convertible Debt
|
0
|
0
|
0
|
0
|
|
Long-Term Debt
|
0
|
0
|
1,248
|
1,276
|
|
Non-Current Capital Leases
|
0
|
0
|
0
|
0
|
|
Other Non-Current Liabilities
|
424
|
493
|
968
|
890
|
|
Minority Interest (Liabilities)
|
0
|
0
|
0
|
0
|
|
Total Liabilities
|
$954
|
$995
|
$4,182
|
$4,493
|
|
Shareholder's Equity(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
Preferred Stock
|
0
|
0
|
0
|
0
|
|
Common Stock (Par)
|
5
|
5
|
5
|
5
|
|
Capital Surplus
|
5,180
|
5,474
|
6,350
|
6,764
|
|
Retained Earnings
|
-1,409
|
-632
|
248
|
1,566
|
|
Other Liabilities
|
-128
|
-89
|
-62
|
-62
|
|
Treasury Stock
|
157
|
363
|
546
|
2,761
|
|
Total Shareholder's Equity
|
$3,491
|
$4,395
|
$5,995
|
$5,513
|
|
Total Liabilities & Shareholder's Equity
|
$4,445
|
$5,389
|
$10,177
|
$10,006
|
|
Total Common Equity
|
$3,491
|
$4,395
|
$5,995
|
$5,513
|
|
Shares Outstanding
|
458
|
460
|
471
|
444
|
|
Book Value Per Share
|
0
|
0
|
0
|
0
|
Annual Income Statement (Sharebuilder CELG)
|
Revenue & Gross Profits(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
Net Sales Or Revenues
|
2,255
|
2,690
|
3,626
|
4,842
|
|
Cost Of Goods Sold
|
258
|
216
|
307
|
426
|
|
Gross Profit
|
$1,997
|
$2,474
|
$3,319
|
$4,416
|
|
Income & Expenses(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
R&D Expense
|
2,671
|
795
|
1,128
|
1,600
|
|
Selling, General, & Admin Expense
|
686
|
754
|
998
|
1,084
|
|
Income Before Depreciation & Amortization
|
-1,360
|
925
|
1,193
|
1,732
|
|
Depreciation & Amortization
|
104
|
83
|
203
|
289
|
|
Non-Operating Income
|
100
|
136
|
36
|
20
|
|
Interest Expense
|
4
|
2
|
13
|
43
|
|
Pretax Income
|
-1,369
|
976
|
1,013
|
1,420
|
|
Income Taxes
|
165
|
199
|
132
|
102
|
|
Minority Interest
|
0
|
0
|
0
|
-1
|
|
Investment Gains/Losses
|
0
|
0
|
0
|
0
|
|
Other Income
|
0
|
0
|
0
|
0
|
|
Income Before Extraordinary Items/Disc Ops
|
($1,534)
|
$777
|
$880
|
$1,317
|
|
Extraordinary Items/Disc Ops
|
0
|
0
|
0
|
0
|
|
Net Income
|
($1,534)
|
$777
|
$881
|
$1,318
|
|
EPS Reconciliation(Millions)
|
12/31/2008
|
12/31/2009
|
12/31/2010
|
12/31/2011
|
|
Avg Shares Diluted EPS
|
443
|
467
|
470
|
463
|
|
Avg Shares Basic EPS
|
443
|
459
|
462
|
455
|
|
Diluted EPS
|
-3
|
2
|
2
|
3
|
|
Basic EPS
|
-3
|
2
|
2
|
3
|
What is the EBIT (Earnings Before Interest & Tax)?