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Eli Lilly & Co. (LLY) | Income Statement

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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Eli Lilly & Co., Consolidated Income Statement

USD $ in thousands

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Revenue
chart Cost of sales
chart Gross profit
chart Research and development
chart Marketing, selling, and administrative
chart Acquired in-process research and development
chart Asset impairments, restructuring, and other special charges
chart Operating income (loss)
chart Interest expense
chart Interest income
chart Other income (expense)
chart Other expense, net
chart Income (loss) before income taxes
chart Income taxes
chart Net income (loss)
Source: Eli Lilly & Co., Annual Reports
Item Description The company
Revenue Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Eli Lilly & Co.'s revenue increased from 2009 to 2010 and from 2010 to 2011.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Eli Lilly & Co.'s operating income (loss) increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Income (loss) before income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Eli Lilly & Co.'s income (loss) before income taxes increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Net income (loss) The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Eli Lilly & Co.'s net income (loss) increased from 2009 to 2010 but then slightly declined from 2010 to 2011 not reaching 2009 level.

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