XML 45 R97.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segmental Reporting (by Segment) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment reporting, operating income/(loss)                      
Product sales                 $ 4,406.7 $ 3,950.2 $ 3,128.2
Royalties                 241.6 283.5 328.1
Other revenues                 32.9 29.7 14.8
Total revenues 1,201.2 1,100.4 1,207.8 1,171.8 1,142.2 1,086.1 1,062.9 972.7 4,681.2 4,263.4 3,471.1
Cost of product sales                 645.4 [1],[2] 588.1 [1],[3] 463.4 [1],[4]
Research and development                 965.5 [1],[2] 770.7 [1],[3] 661.5 [1],[4]
Selling, general and administrative                 2,114.0 [1],[2] 1,751.4 [1],[3] 1,526.3 [1],[4]
(Gain)/loss on sale of product rights                 (18.1) 6.0 (16.5)
Reorganization costs                 0 24.3 34.3
Integration and acquisition costs                 25.2 13.7 8.0
Total operating expenses                 3,732.0 3,154.2 2,677.0
Operating income/(loss) 78.6 273.4 302.2 295.0 304.0 255.4 283.3 266.5 949.2 1,109.2 794.1
Assets 7,317.2       6,380.2       7,317.2 6,380.2 5,387.6
Long-lived assets 957.2 [5]       933.7 [5]       957.2 [5] 933.7 [5] 857.4 [6]
Capital expenditure on long-lived assets                 146.2 [5] 204.2 [5] 315.8 [6]
Segment reporting, additional information                      
Amortization of intangible assets                 194.8 166.7  
Impairment of unamortized intangible assets                 71.2 16.0 0
Cost of Product Sales
                     
Segment reporting, additional information                      
Depreciation from manufacturing plants                 31.5 39.8 38.1
Selling, General and Administrative
                     
Segment reporting, additional information                      
Other depreciation and amortization                 380.6 228.1 238.3
Favorable Manufacturing Contract | Cost of Product Sales
                     
Segment reporting, additional information                      
Amortization of intangible assets                 0.7 1.7 1.7
Research and Development Assets | Research and Development
                     
Segment reporting, additional information                      
Amortization of intangible assets                 22.5 25.2 19.0
Specialty Pharmaceuticals
                     
Segment reporting, operating income/(loss)                      
Product sales                 2,834.9 2,615.6 2,219.2
Royalties                 148.8 199.6 173.3
Other revenues                 31.7 24.5 7.1
Total revenues                 3,015.4 2,839.7 2,399.6
Cost of product sales                 345.4 [2] 351.7 [3] 332.1 [4]
Research and development                 617.4 [2] 449.1 [3] 348.9 [4]
Selling, general and administrative                 1,354.1 [2] 1,131.3 [3] 1,035.8 [4]
(Gain)/loss on sale of product rights                 (18.1) 6.0 (16.5)
Reorganization costs                   11.8 13.0
Integration and acquisition costs                 12.1 0.1 8.0
Total operating expenses                 2,310.9 1,950.0 1,721.3
Operating income/(loss)                 704.5 889.7 678.3
Assets 2,370.8       2,421.7       2,370.8 2,421.7 2,483.5
Long-lived assets 138.8 [5]       126.8 [5]       138.8 [5] 126.8 [5] 154.7 [6]
Capital expenditure on long-lived assets                 64.5 [5] 54.4 [5] 21.8 [6]
Specialty Pharmaceuticals | IPR&D | Research and Development
                     
Segment reporting, additional information                      
Impairment of unamortized intangible assets                 71.2 16.0  
Human Genetic Therapies
                     
Segment reporting, operating income/(loss)                      
Product sales                 1,418.0 1,229.3 909.0
Royalties                 0 0 0
Other revenues                 1.2 1.2 2.6
Total revenues                 1,419.2 1,230.5 911.6
Cost of product sales                 240.4 [2] 200.0 [3] 129.3 [4]
Research and development                 329.1 [2] 315.4 [3] 312.2 [4]
Selling, general and administrative                 384.4 [2] 340.6 [3] 297.7 [4]
(Gain)/loss on sale of product rights                 0 0 0
Reorganization costs                   0 0
Integration and acquisition costs                 0.5 0 0
Total operating expenses                 954.4 856.0 739.2
Operating income/(loss)                 464.8 374.5 172.4
Assets 1,941.6       1,849.4       1,941.6 1,849.4 1,786.9
Long-lived assets 698.2 [5]       720.8 [5]       698.2 [5] 720.8 [5] 655.4 [6]
Capital expenditure on long-lived assets                 42.1 [5] 129.4 [5] 281.1 [6]
Regenerative Medicine
                     
Segment reporting, operating income/(loss)                      
Product sales                 153.8 105.3 0
Royalties                 0 0 0
Other revenues                 0 0 0
Total revenues                 153.8 105.3 0
Cost of product sales                 59.6 [2] 36.4 [3] 0 [4]
Research and development                 19.0 [2] 6.2 [3] 0 [4]
Selling, general and administrative                 161.8 [2] 64.4 [3] 0 [4]
(Gain)/loss on sale of product rights                 0 0 0
Reorganization costs                   0 0
Integration and acquisition costs                 12.6 13.6 0
Total operating expenses                 253.0 120.6 0
Operating income/(loss)                 (99.2) (15.3) 0
Assets 945.8       967.7       945.8 967.7 0
Long-lived assets 36.2 [5]       22.9 [5]       36.2 [5] 22.9 [5] 0 [6]
Capital expenditure on long-lived assets                 9.7 [5] 1.5 [5] 0 [6]
All Other Segment
                     
Segment reporting, operating income/(loss)                      
Product sales                 0 0 0
Royalties                 92.8 83.9 154.8
Other revenues                 0 4.0 5.1
Total revenues                 92.8 87.9 159.9
Cost of product sales                 0 [2] 0 [3] 2.0 [4]
Research and development                 0 [2] 0 [3] 0.4 [4]
Selling, general and administrative                 213.7 [2] 215.1 [3] 192.8 [4]
(Gain)/loss on sale of product rights                 0 0 0
Reorganization costs                   12.5 21.3
Integration and acquisition costs                 0 0 0
Total operating expenses                 213.7 227.6 216.5
Operating income/(loss)                 (120.9) (139.7) (56.6)
Assets 2,059.0       1,141.4       2,059.0 1,141.4 1,117.2
Long-lived assets 83.9 [5]       63.2 [5]       83.9 [5] 63.2 [5] 47.3 [6]
Capital expenditure on long-lived assets                 $ 29.5 [5] $ 18.9 [5] $ 12.9 [6]
[1] Cost of product sales includes amortization of intangible assets relating to favorable manufacturing contracts of $0.7 million for the year to December 31, 2012 (2011: $1.7 million, 2010: $1.7 million). Research and development costs include intangible asset impairment charges of $71.2 million for the year to December 31, 2012 (2011: $16.0 million, 2010: $nil). SG&A costs includes amortization and impairment charges of intangible assets relating to intellectual property rights acquired of $320.8 million including impairment losses of $126.7 million for the year to December 31, 2012 (2011: $165.0 million including impairment losses of $nil, 2010: $176.2 million including impairment losses of $42.7 million).
[2] Depreciation from manufacturing plants ($31.5 million) and amortization of favorable manufacturing contracts ($0.7 million) is included in Cost of product sales; depreciation of research and development assets ($22.5 million) and impairment of IPR&D intangible assets in the SP reporting segment ($71.2 million) is included in Research and development; and all other depreciation, amortization and impairment of ($380.6 million) is included in Selling, general and administrative.
[3] Depreciation from manufacturing plants ($39.8 million) and amortization of favorable manufacturing contracts ($1.7 million) is included in Cost of product sales; depreciation of research and development assets ($25.2 million) and impairment of IPR&D intangible assets in the SP reporting segment ($16.0 million) is included in Research and development; and all other depreciation, amortization and impairment ($228.1 million) is included in Selling, general and administrative.
[4] Depreciation from manufacturing plants ($38.1 million) and amortization of favorable manufacturing contracts ($1.7 million) is included in Cost of product sales; depreciation of research and development assets ($19.0 million) is included in Research and development; and all other depreciation and amortization ($238.3 million) is included in Selling, general and administrative.
[5] Long-lived assets comprise all non-current assets (excluding goodwill and other intangible assets, deferred contingent consideration assets, deferred tax assets, investments, income tax receivable and financial instruments).
[6] Long-lived assets comprise all non-current assets, (excluding goodwill and other intangible assets, deferred contingent consideration assets, deferred tax assets, investments, income tax receivable and financial instruments).