| Income Statement for AEterna Zentaris Inc. (AEZS) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 42,068 | 41,392 | 247,389 | 194,389 | 129,186 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (12,930) | (11,747) | (156,365) | (112,121) | (76,115) | | Gross Operating Profit | 29,138 | 29,645 | 91,024 | 82,268 | 53,071 | | | Selling/General/Admin Expense | (20,403) | (17,235) | (42,037) | (35,168) | (22,593) | | Research & Development | (37,188) | (27,088) | (26,972) | (25,308) | (34,253) | | EBITDA | (28,453) | (14,678) | 22,015 | 21,792 | (3,775) | | Depreciation & Amortization | (5,566) | (9,429) | (7,603) | (7,482) | (7,314) | | EBIT | (34,019) | (24,107) | 14,412 | 14,310 | (11,089) | | Interest Income | 1,904 | 1,446 | 1,601 | 1,133 | 1,666 | | Other Income, Net | (1,063) | 707 | (263) | (1,293) | - | | Total Income Avail For Interest Expense | (33,913) | (20,379) | 34,752 | 14,150 | (10,695) | | Interest Expense | (85) | (1,450) | (9,785) | (6,807) | (3,753) | | Pre-Tax Income | (33,998) | (21,829) | 24,967 | 7,343 | (14,448) | | Income Taxes | 1,961 | 29,129 | (7,332) | (6,905) | (4,605) | | Minority Interest | - | - | (7,064) | (5,237) | (2,799) | | Net Income from Continuing Operations | (32,037) | 7,300 | 10,571 | (4,800) | (21,851) | | Net Income from Discontinued Operations | (259) | 26,090 | - | - | - | | Net Income from Total Operations | (32,296) | 33,390 | 10,571 | (4,800) | (21,851) | | | Normalized Income | (31,302) | 7,300 | (8,431) | (4,800) | (20,579) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (735) | - | 19,002 | - | (1,272) | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (32,296) | 33,390 | 10,571 | (4,800) | (21,851) | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | -0.61 | 0.14 | 0.23 | -0.11 | -0.50 | | Basic EPS from Discontinued Operations | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.61 | 0.64 | 0.23 | -0.11 | -0.50 | | | Diluted EPS from Continuing Operations | -0.61 | 0.14 | 0.22 | -0.11 | -0.50 | | Diluted EPS from Discontinued Operations | 0.00 | 0.48 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.61 | 0.62 | 0.22 | -0.11 | -0.50 | | | |
