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Novo Nordisk A/S (NVO) | 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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Novo Nordisk A/S, Consolidated Income Statement

USD $ in millions, translated from DKK kr

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Sales
chart Cost of goods sold
chart Gross profit
chart Sales and distribution costs
chart Research and development costs
chart Administrative expenses
chart Licence fees and other operating income, net
chart Operating profit
chart Share of profit (loss) of associated companies, net of tax
chart Interest income
chart Foreign exchange gain (net)
chart Foreign exchange gain on derivatives (net)
chart Gains on currency options (net)
chart Capital gain on investments etc
chart Foreign exchange gain on derivatives transferred from Other comprehensive income (net)
chart Financial income
chart Interest expenses
chart Foreign exchange loss (net)
chart Foreign exchange loss on derivatives (net)
chart Loss on currency options (net)
chart Capital loss on investments etc
chart Other financial expenses
chart Foreign exchange loss on derivatives transferred from Other comprehensive income (net)
chart Financial expenses
chart Profit before income taxes
chart Income taxes
chart Net profit for the year
Source: Novo Nordisk A/S, Annual Reports
Item Description The company
Sales 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. Novo Nordisk A/S's sales increased from 2009 to 2010 and from 2010 to 2011.
Operating profit The net result for the period of deducting operating expenses from operating revenues. Novo Nordisk A/S's operating profit increased from 2009 to 2010 and from 2010 to 2011.
Profit 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. Novo Nordisk A/S's profit before income taxes increased from 2009 to 2010 and from 2010 to 2011.
Net profit for the year 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. Novo Nordisk A/S's net profit for the year increased from 2009 to 2010 and from 2010 to 2011.

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