Business Combinations (Tables)

12 Months Ended

Dec. 31, 2011

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

Acquisition ofABH

	Preliminary
	Fair value
	$’M
Identifiable assets acquired and liabilities assumed
ASSETS
Current assets:
Cash and cash equivalents	14.6
Accounts receivable	30.1
Inventories	30.7
Deferred tax assets	51.1
Other current assets	7.9
	_______________
Total current assets	134.4
Non-current assets:
Property, plant and equipment	16.6
Goodwill	197.0
Other intangible assets
- DERMAGRAFT product technology	710.0
- other intangible assets	1.5
Other non-current assets	0.2
	_______________
Total assets	1,059.7
	_______________
LIABILITIES
Current liabilities:
Accounts payable and other current liabilities	52.4
Non-current liabilities:
Long term debt, less current portion	9.1
Deferred tax liabilities	258.5
Other non-current liabilities	0.1
	_______________
Total liabilities	320.1
	_______________
Fair value of identifiable assets acquired and liabilities assumed	739.6
	_______________
Consideration
Cash consideration payable	739.6
	_______________

Acquisition of Movetis

	Fair value
	$’M
ASSETS
Current assets:
Cash and cash equivalents	109.0
Short term investment	7.0
Other current assets	8.6
	_______________
Total current assets	124.6
Property, plant and equipment	1.1
Goodwill	27.9
Other intangible assets
- currently marketed product	317.0
- IPR&D	139.0
- other intangible assets	14.0
Other non-current assets	0.8
Deferred tax asset	40.4
	_______________
Total assets	664.8
	_______________
LIABILITIES
Current liabilities:
Accounts payable and other current liabilities	19.0
Non-current liabilities:
Deferred tax liability	53.8
	_______________
Total liabilities	72.8
	_______________
Fair value of identifiable assets acquired and liabilities assumed	592.0
Consideration	_______________
Cash consideration paid	592.0
	_______________

Business Acquisition, Pro Forma Information

	2011	2010	2009
	$’M	$’M	$’M
	_______________	_______________	_______________
Revenues	4,353.7	3,618.9	3,007.7
Net income from continuing operations	850.9	508.4	453.0
Net income attributable to Shire plc	850.9	508.4	440.6
	_______________	_______________	_______________
Per share amounts:
Net income from continuing operations per share - basic	154.4c	93.1c	83.8c
Net income per ordinary share attributable to Shire plc – basic	154.4c	93.1c	81.5c
Net income from continuing operations per share - diluted	148.5c	91.3c	82.7c
Net income per ordinary share attributable to Shire plc – diluted	148.5c	91.3c	80.4c
	_______________	_______________	_______________