| Income Statement for Seattle Genetics Inc. (SGEN) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 22,420 | 10,005 | 9,757 | 6,701 | 5,070 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | 2,548 | 2,367 | 3,568 | 4,060 | 2,304 | | Gross Operating Profit | 24,968 | 12,372 | 13,325 | 10,761 | 7,374 | | | Selling/General/Admin Expense | (13,237) | (10,074) | (7,145) | (7,367) | (6,573) | | Research & Development | (64,828) | (40,136) | (34,683) | (37,002) | (21,760) | | EBITDA | (53,097) | (37,838) | (28,503) | (33,608) | (20,959) | | Depreciation & Amortization | (2,548) | (2,367) | (3,568) | (4,060) | (2,304) | | EBIT | (55,645) | (40,205) | (32,071) | (37,668) | (23,263) | | Interest Income | - | - | - | - | - | | Other Income, Net | 6,713 | 4,190 | 2,638 | 2,229 | 1,177 | | Total Income Avail For Interest Expense | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | Interest Expense | - | - | - | - | - | | Pre-Tax Income | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | Income Taxes | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | | Normalized Income | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | (48,932) | (36,015) | (29,433) | (35,439) | (22,086) | | | 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 | - | - | - | 36,558 | 201 | | | Basic EPS from Continuing Operations | -0.80 | -0.74 | -0.70 | -1.80 | -0.73 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | -0.80 | -0.74 | -0.70 | -1.80 | -0.73 | | | Diluted EPS from Continuing Operations | -0.80 | -0.74 | -0.70 | -1.80 | -0.73 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | -0.80 | -0.74 | -0.70 | -1.80 | -0.73 | | | |
