A	B	C	D	E	F	G	H	I	J	K	L	M	N	O	P	Q	R	S	T	U	V	W	X	Y	Z	AA	AB	AC	AD	AE	AF	AG	AH	AI	AJ	AK	AL	AM	AN	AO	AP	AQ	AR	AS	AT	AU	AV	AW	AX	AY	AZ	BA	BB	BC	BD	BE	BF	BG	BH	BI	BJ	BK	BL	BM	BN	BO	BP	BQ	BR	BS	BT	BU	BV	BW	BX	BY	BZ	CA	CB	CC	CD	CE	CF	CG	CH	CI	CJ	CK	CL
1	Main
2			Q109	Q209	Q309	Q409	Q110	Q210	Q310	Q410	Q111	Q211	Q311	Q411	Q112	Q212	Q312	Q412	Q113	Q213	Q313	Q413	Q114	Q214	Q314	Q414	Q115	Q215	Q315	Q415	Q116	Q216	Q316	Q416	Q117	Q217	Q317	Q417	Q118	Q218	Q318	Q418	Q119	Q219	Q319	Q419	Q120	Q220	Q320	Q420	Q121	Q221	Q321	Q421	Q122	Q222	Q322	Q422	Q123	Q223	Q323	Q423			2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
3		Neurology/Immunology																																															0		0	1	0	-1	1	0	1	-0.95	0.95	0	0.95	-0.9025																		0	0
4		Other Oncology																																															16		14	10	12	15	9	11	13	14.25	8.549999999999999	10.45	12.35	13.5375																		69	51
5		Other																																															40		35	42	33	47	32	38	49	44.65	30.4	36.1	46.55	42.4175																		197	157
6		Saizen																																															59		57	66	61	64	61	68	69	60.8	57.949999999999996	64.6	65.55	57.76																		234	248
7		CV																																															118		108	110	109	108	107	109	129	102.6	101.64999999999999	103.55	122.55	97.46999999999998																		464	435
8		Euthyrox																																															115		107	112	123	128	128	139	143	134.4	134.4	145.95000000000002	150.15	141.12																		455	470
9		Concor																																															127		126	127	133	137	138	147	152	143.85	144.9	154.35	159.6	151.0425																		529	523
10		Other Fertility																																															122		134	143	148	145	141	153	152	152.25	148.05	160.65	159.6	159.8625																		449	570
11		Bavencio																																															42		62	87	104	120	128	146	166	156	166.4	189.8	215.8	202.8																		156	373
12		Mavenclad																																															148		147	157	197	192	189	212	234	201.60000000000002	198.45000000000002	222.60000000000002	245.70000000000002	211.68000000000004																		531	693
13		Gonal-F																																															192		186	200	191	190	200	198	221	171	180	178.20000000000002	198.9	153.9																		630	767
14		Rebif																																															279		227	247	234	244	201	217	249	219.6	180.9	195.3	224.1	197.64																		1131	952
15		Glucophage																																															226		217	213	209	225	218	228	237	202.5	196.20000000000002	205.20000000000002	213.3	182.25																		903	864
16		Erbitux																																															217		219	273	233	262	242	258	274	235.8	217.8	232.20000000000002	246.6	212.22000000000003																		891	987
17		Merck Serono			1318.6		1336.3	1450.5	1393.5	1573.7	1344.9	1450.5	1393.5	1573.7																													0	0	0	0	0	0	1701	0	1639	1788	1787	1876	1795	1924	2089	1838.35	1766.6	1898.9500000000003	2061.7000000000003	1822.7975								5754	5762.599999999999	4417.7	2967.2	1573.7	0	0	0	0	0	6639	7090	0	0	0	0	0	0	0	0	0
18		Consumer Health			122.9		106.9	113.9	125	126.19999999999999	116.2	119.59500000000001	131.25	132.51																																																								472	499.555
19
20		Applied																																														413	418		432	449	454	498	506																									1705	1833
21		Research																																														501	566		646	631	608	627	688																									2215	2512
22		Services																																																		178				266	244.4	244.4	244.4	244.4	244.4	244.4
23		Science & Lab																																																		1086				1233	1246.4	1246.4	1246.4	1246.4	1246.4	1246.4
24		Process																																														892	926		1053	962	1186	1261	1251.3	1149	1190	1324.05	1313.865	1206.45	1249.5	1390.2525																		3595	4645
25		Life Science			226.7		228.2	283.7	573.7	595.3999999999999	608.4	613.4	618.4	623.4																													0	0	0	0	0	1806	1910	0	2131	2226	2248	2386	2445.3	2648	2680.8	2814.8500000000004	2804.665	2697.25	2740.3	2881.0525000000002								1680.9999999999998	2463.6	0	0	0	0	0	0	0	0	7515	8990	0	0	0	0	0	0	0	0	0
26
27		Surface																																															87		111	104	96	99	115	111	106.4	108.9	126.50000000000001	122.10000000000001	117.04000000000002	119.79000000000002																		371	410
28		Display																																															279		274	253	267	252	262	233	200.4	277.20000000000005	288.20000000000005	256.3	220.44000000000003	304.9200000000001																		1115	1046
29		Semis																																															469		475	500	573	603	581	653	729	783.9	755.3000000000001	848.9	947.7	1019.07																		1894	2151
30		Electronics			281.8		351.4	359.9	345.7	327	408	395.89	380.27000000000004	359.70000000000005																													0	0	0	0	0	0	835	0	860	857	936	952	958	997	1035.8	1170	1170	1227.3	1285.18	1443.7800000000002								1384	1543.8600000000001	0	0	0	0	0	0	0	0	3380	3607	0	0	0	0	0	0	0	0	0
31
32		Royalties					76.1				86.2																																																											76.1	86.2
33		Revenue			1950		2098.9	2208	2437.8999999999996	2545.8000000000006	2563.7	2579.3849999999998	2523.42	2689.3100000000004																													3745.8	3971.4	4053.7	4380.8	4369.7	4119.1	4447.1	4598.5	4630	4871	4971	5214	5198.3	5569	5805.6	5823.200000000001	5741.264999999999	5823.5	6087.18	6147.63								9291	10355.815
34		COGS			521.9		486.6	517.2	619.7	761.9	639.6	644.84625	630.855	672.3275000000001																													1340	1410.7	1433.9	1633.5	1596.8	1553.1	1727.6999999999998	1747.5	1666.6999999999998	1764	1807.8999999999999	1958.8	1936.7	2055.4	2141	2154.5840000000003	2124.2680499999997	2154.695	2252.2566	2274.6231								2385.4	2587.62875
35		Gross Profit			1428.1		1612.3000000000002	1690.8	1818.1999999999996	1783.9000000000005	1924.1	1934.5387499999997	1892.565	2016.9825000000003																													2405.8	2560.7	2619.7999999999997	2747.3	2772.8999999999996	2566.0000000000005	2719.4000000000005	2851	2963.3	3107	3163.1000000000004	3255.2	3261.6000000000004	3513.6	3664.6000000000004	3668.6160000000004	3616.9969499999997	3668.805	3834.9234	3873.0069000000003								6905.6	7768.186250000001
36		Selling			446.2		468.2	540.2	573.3	652.8	591.6	590.2	598.3	677.8																													868.1999999999999	931.9000000000001	882.8000000000001	971.0000000000001	899.9000000000001	869.7	833.3	968.4	861.4	889.7	921.5999999999999	1042.4	942.4000000000001	1039.8999999999999	1063.6	1094.5200000000002	989.5200000000001	1091.895	1116.78	1149.2460000000003								2234.5	2457.9
37		Royalties			105.2		122.2	117.3	115.8	121.69999999999997	111.3	117.3	115.8	121.69999999999997																																																								477	466.09999999999997
38		Administration			102		104.4	115.2	128	130.6	124.9	130	130	130																													283	269.1	267.5	334.3	288.5	298.3	279.7	321.6	270.8	301.1	304.9	350.3	287.2	330.5	297	367.81500000000005	301.56	347.02500000000003	311.85	386.2057500000001								478.20000000000005	514.9
39		Other			76.8		134.9	109.4	91	55.099999999999966	97.1	109.4	91	55.099999999999966																																																								390.4	352.59999999999997
40		R&D			332.8		347.2	338.8	348.6	362.50000000000006	379.5	380	380	380																													526.6	553.2	558.3	630.1	579.2	520	531	658	576.3	591.1	666.5	591.9	585.5	599.6	620	621.495	614.775	629.58	651	652.56975								1397.1	1519.5
41		Operating Expenses			1063		1176.8999999999999	1220.9	1256.6999999999998	1322.6999999999998	1304.4	1326.9	1315.1	1364.6																													1677.7999999999997	1754.2	1708.6000000000001	1935.4	1767.6000000000001	1688	1644	1948	1708.5	1781.9	1893	1984.6	1815.1000000000001	1970	1980.6	2083.8300000000004	1905.855	2068.5	2079.63	2188.0215000000003								4977.2	5311
42		Operating Income			365.0999999999999		435.4000000000003	469.89999999999986	561.4999999999998	461.2000000000007	619.6999999999998	607.6387499999996	577.4650000000001	652.3825000000004																													728.0000000000005	806.4999999999998	911.1999999999996	811.9000000000001	1005.2999999999995	878.0000000000005	1075.4000000000005	903	1254.8000000000002	1325.1	1270.1000000000004	1270.6	1446.5000000000002	1543.6	1684.0000000000005	1584.786	1711.1419499999997	1600.3049999999998	1755.2934	1684.9854								1928.4000000000005	2457.1862500000007
43		Interest Expense			31.7		38.6	78.3	74.2	60.49999999999998	68.3	68	68	67																													-112.6	-61.1	-134.9	-76.1	-98.5	-102.3	-101.6	-52	-59.1	-94.8	-54.2	-46.8	-34.3	-55.1	-47	-45.8	-45.55	-48.3625	-46.678124999999994	-46.59765624999999								251.6	271.3
44		Pretax Income			333.3999999999999		396.8000000000003	391.59999999999985	487.2999999999998	400.7000000000007	551.3999999999999	539.6387499999996	509.46500000000015	585.3825000000004																													615.4000000000004	745.3999999999997	776.2999999999996	735.8000000000001	906.7999999999995	775.7000000000005	973.8000000000005	851	1195.7000000000003	1230.3	1215.9000000000003	1223.8	1412.2000000000003	1488.5	1637.0000000000005	1538.986	1665.5919499999998	1551.9424999999999	1708.615275	1638.38774375								1676.8000000000006	2185.8862500000005
45		Taxes			42.3		64.6	59.9	74.8	20.30000000000001	120.1	120.1	120.1	120.1																													67.2	136.2	133.7	102.6	159.4	99.9	258.5	118.8	236.2	207.8	229.4	185.4	255.4	251.7	264	230.8479	249.83879249999995	232.79137499999996	256.29229125	245.7581615625								219.60000000000002	480.4
46		Net Income			291.0999999999999		332.2000000000003	331.6999999999999	412.4999999999998	380.4000000000007	431.29999999999984	419.5387499999996	389.3650000000001	465.28250000000037																													548.2000000000004	609.1999999999998	642.5999999999997	633.2	747.3999999999995	675.8000000000005	715.3000000000005	732.2	959.5000000000002	1022.5	986.5000000000003	1038.3999999999999	1156.8000000000002	1236.8	1373.0000000000005	1308.1381000000001	1415.7531574999998	1319.1511249999999	1452.32298375	1392.6295821875								1457.2000000000007	1705.4862500000004
47		EPS																																									1.2608095676172961	1.401103955841766	1.4779208831646726	1.4563017479300828	1.7189512419503208	1.5542778288868457	1.6451241950322	1.6839926402943883	2.206761729530819	2.3516559337626495	2.2688592456301757	2.3882244710211586	2.660533578656854	2.8445262189512417	3.157773689052439	3.008597286108556	3.2561020181692726	3.0339262304507817	3.34020925425483	3.202919922234361
48		Shares																																									434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8	434.8
49
50		Gross Margin			0.7323589743589743		0.7681642765257993	0.7657608695652174	0.7458058164813979	0.7007227590541284	0.7505168311424893	0.75	0.75	0.75																													0.6422660045918095	0.6447852142821171	0.646273774576313	0.627122899926954	0.6345744559123051	0.6229516156441942	0.6114996289716895	0.6199847776448842	0.6400215982721382	0.6378567029357421	0.6363106014886342	0.624319140774837	0.6274358925033184	0.6309211707667445	0.6312181342152405	0.63	0.63	0.63	0.63	0.63								0.743256915294371	0.7501279474382267
51		Revenue Growth									0.22144933060174354	0.16819972826086937	0.03507937159030328	0.05637127818367493																																	0.16655988039938063	0.03719091504255423	0.09704714211707843	0.049694119795471	0.05956930681740169	0.18253987521545967	0.11780711025162449	0.13384799391105795	0.12274298056155519	0.1432970642578526	0.16789378394689214	0.11683927886459555	0.10445049343054436	0.0456994074340098	0.04850144687887559	0.055713353482621075									0.11460714670110872
52		Serono Growth									0.00643568061064137																																												0.09517998779743753	0.07606263982102912	0.16899832120872982	-0.020069296375266554	-0.015821727019498688	-0.01301975051975035	-0.013068453805648472	-0.008460032093997372
53		Consumer Growth									0.0869971936389149
54		Millipore Growth									1.6660823838737948																																												0.14748944157672472	0.18957771787960476	0.1925266903914591	0.17973595976529766	0.14696151801414947	0.018598942598187396	0.02219486720381969	0.02351901522283595
55		Materials Growth									0.16107000569151975																																												0.11395348837209296	0.16336056009334898	0.10662393162393147	0.22899159663865554	0.22129436325678498	0.23099297893681037	0.24076076462637586	0.2340000000000002
56
57		Cash									1539.9																																														1951
58		A/R									2269.6																																														4346
59		Inventories									1687																																														4860
60		OCA									337.6																																														1785
61		Tax Receivables									79.9																																														0
62		Intangibles									12082.3																																														27614
63		PP&E									3173.5																																														7946
64		Equity									4.8																																														0
65		Non-Current Assets									159.2																																														2431
66		Pension									216.6																																														0
67		Other Non Current									60.2																																														0
68		Tax Assets									607.1																																														0
69		Assets									22217.699999999997																																														50933
70
71		Debt									5281.5																																														11050
72		A/P									1066.7																																														3413
73		OCL									1056.1																																														3652
74		Taxes									392.7																																														0
75		Provisions									404.3																																														562
76		ONCL									31.8																																														1664
77		NCP									486.9																																														2255
78		Pension									1590.6																																														0
79		Tax Liabilities									1328.1																																														0
80		Liabilities									11638.699999999999																																														22596
81		S/E									10579.1																																														28337
82		L+S/E									22217.8																																														50933
83
84		CFFO					278.7				284.9
85		CapEx					64.7				74.9
86		FCF					214				209.99999999999997