ANNUAL FINANCIAL REPORT 2010 2010 - TiGenix

9. Stand-alone Financial informationon Cellerix S.A.9.1 Stand-Alone FinancialInformation Derived From TheAudited Stand-Alone FinancialStatements 2010 – 2009 - 2008The stand-alone financial information of Cellerix have beenprepared in accordance with IFRS accounting principles asadopted by the EU, which are set out in the following pages.This financial information has been derived from the auditedstand alone financial statements and was adapted to TiGenix’classifications and disclosures.“Appendix 5: 2008, 2009 and 2010 management reports ofCellerix” contains the management reports of the board ofdirectors of Cellerix in respect of the financial years 2008,2009 and 2010.9.1.1 Stand-alone statement of comprehensive incomeYears ended December 31Thousands of Euro (€) Notes 2010 2009 2008STAND-ALONE STATEMENT OFCOMPREHENSIVE INCOMESales 9.1.5.3 105 95 72Other revenues 9.1.5.3 603 1,204 1,305Revenues 708 1,299 1,377Research and development expenses 9.1.5.4.a 6,176 7,073 6,210Selling, general and administrative expenses 9.1.5.4.b 4,678 5,695 5,361Other operating income - - -Other operating expenses - - -Total operating charges 10,854 12,768 11,571Operating Result (10,146) (11,469) (10,194)Financial income (loss), net 9.1.5.6 197 77 (431)Profit/(Loss) before taxes (10,343) (11,546) (9,763)Income taxes - - -Net Profit/(Loss) (10,343) (11,546) (9,763)Net gain on available-for-sale financial assets 1 2 4Other comprehensive income for the year 1 2 4Total comprehensive income (loss) for the year (10,342) (11,544) (9,759)Net profit (loss) per Share – base (1.47) (2.01) (1.86)Number of outstanding Shares - base 7,029,536 5,737,379 5,239,180198 • TiGenix • Rights Offering