| Income Statement for Cell Genesys Inc. (CEGE) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 1,380 | 1,364 | 4,584 | 11,458 | 18,128 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | 14,356 | 14,521 | 16,204 | 16,773 | 12,159 | | Gross Operating Profit | 15,736 | 15,885 | 20,788 | 28,231 | 30,287 | | | Selling/General/Admin Expense | (20,401) | (18,123) | (16,342) | (17,928) | (25,980) | | Research & Development | (106,131) | (96,346) | (92,405) | (92,133) | (85,296) | | EBITDA | (110,796) | (98,584) | (87,959) | (81,830) | (80,989) | | Depreciation & Amortization | (14,356) | (14,521) | (16,204) | (16,773) | (12,159) | | EBIT | (125,152) | (113,105) | (104,163) | (98,603) | (93,148) | | Interest Income | 9,021 | 7,495 | 3,058 | 2,662 | 4,832 | | Other Income, Net | 1,306 | 62,677 | 55,123 | 12,160 | 12,638 | | Total Income Avail For Interest Expense | (114,825) | (42,851) | (48,332) | (83,781) | (75,678) | | Interest Expense | (10,331) | (10,465) | (10,679) | (9,885) | (5,360) | | Pre-Tax Income | (125,156) | (53,316) | (59,011) | (93,666) | (81,038) | | Income Taxes | 25,882 | (29,613) | (5,928) | (3,745) | 24,632 | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (99,274) | (82,929) | (64,939) | (97,411) | (56,406) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (99,274) | (82,929) | (64,939) | (97,411) | (56,406) | | | Normalized Income | (99,274) | (83,011) | (62,589) | (97,411) | (56,406) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | 82 | (2,350) | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (99,274) | (82,929) | (64,939) | (97,411) | (56,406) | | | 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 | - | - | 4 | 100 | 230 | | | Basic EPS from Continuing Operations | -1.39 | -1.67 | -1.43 | -2.23 | -1.48 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -1.39 | -1.67 | -1.43 | -2.23 | -1.48 | | | Diluted EPS from Continuing Operations | -1.39 | -1.67 | -1.43 | -2.23 | -1.48 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -1.39 | -1.67 | -1.43 | -2.23 | -1.48 | | | |
