| Income Statement for ImClone Systems Inc. (IMCL) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 590,833 | 677,847 | 383,673 | 388,690 | 80,830 | | Adjustments to Revenue | - | (264) | 14,178 | - | - | | Cost of Revenue | (118,778) | (170,936) | (107,939) | 15,070 | 13,187 | | Gross Operating Profit | 472,055 | 507,175 | 261,556 | 403,760 | 94,017 | | | Selling/General/Admin Expense | (80,681) | (72,476) | (72,334) | (90,054) | (41,947) | | Research & Development | (194,118) | (112,145) | (99,303) | (82,658) | (151,265) | | EBITDA | 197,256 | 322,554 | 89,919 | 231,048 | (99,195) | | Depreciation & Amortization | (35,804) | (33,329) | (16,940) | (16,169) | (13,187) | | EBIT | 161,452 | 289,225 | 72,979 | 214,879 | (112,382) | | Interest Income | 52,117 | 40,418 | 27,877 | 14,049 | 4,121 | | Other Income, Net | 3,775 | - | (13) | (35,934) | 1,747 | | Total Income Avail For Interest Expense | 107,344 | 329,643 | 94,643 | 139,446 | (103,130) | | Interest Expense | (12,053) | (9,323) | (6,569) | (8,432) | (8,881) | | Pre-Tax Income | 95,291 | 320,320 | 88,074 | 131,014 | (112,011) | | Income Taxes | (55,492) | 50,354 | (1,578) | (17,361) | (491) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 39,799 | 370,674 | 86,496 | 113,653 | (112,502) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 39,799 | 370,674 | 86,496 | 113,653 | (112,502) | | | Normalized Income | 149,799 | 370,674 | 92,696 | 167,201 | (115,886) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (110,000) | - | (6,200) | (53,548) | 3,384 | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 39,799 | 370,674 | 86,496 | 113,653 | (112,502) | | | 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 | 0.46 | 4.40 | 1.03 | 1.43 | -1.52 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.46 | 4.40 | 1.03 | 1.43 | -1.52 | | | Diluted EPS from Continuing Operations | 0.46 | 4.11 | 1.01 | 1.33 | -1.52 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.46 | 4.11 | 1.01 | 1.33 | -1.52 | | | |
