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Consolidated Statement of Income<br />

(In thousand euro, except per share information) For the year ended December 31<br />

Note 2011 2010<br />

Licence income 5 280 626<br />

Other income 6 4,009 180<br />

Revenue 4,289 806<br />

Research and development expenses 7 / 8 (3,822) (15,922)<br />

Marketing and advertising expenses (51) (73)<br />

General and administrative expenses 7 / 9 (6,898) (6,451)<br />

Operating result (6,482) (21,640)<br />

Financial result net 10 45 (33)<br />

Result before tax (6,437) (21,673)<br />

Income tax expense 11 (8) 1,128<br />

Net loss (6,445) (20,545)<br />

Loss per share<br />

Basic and diluted 12 (0.89) (3.11)<br />

Weighted average number of shares (thousands)<br />

7,264 6,614<br />

Consolidated Statement of<br />

Comprehensive Income<br />

(In thousand euro) For the year ended December 31<br />

2011 2010<br />

Net loss for the period (6,445) (20,545)<br />

Currency translation differences (3) 22<br />

Other comprehensive income / (loss), net of tax (3) 22<br />

Total comprehensive loss for the period (6,448) (20,523)<br />

(The accompanying notes are an integral part of these financial statements.)<br />

40 <strong>Newron</strong> Annual Report 2011

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