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2010 full-year results 3 March 2011 - UCB

2010 full-year results 3 March 2011 - UCB

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Recurring EBITDA<br />

Consistent solid underlying profitability<br />

€ million<br />

Revenue<br />

Net sales<br />

Royalty income & fees<br />

Other revenue<br />

Gross profit<br />

Marketing & selling expenses<br />

R&D expenses<br />

G&A expenses<br />

Other operating income<br />

Total operating expenses<br />

Recurring EBIT<br />

Amortisation of intangible assets<br />

Depreciation charges<br />

Recurring EBITDA<br />

<strong>2010</strong><br />

3 218<br />

2 786<br />

220<br />

212<br />

2 165<br />

-797<br />

-705<br />

-194<br />

-2<br />

-1 698<br />

467<br />

190<br />

73<br />

731<br />

Actual<br />

2009<br />

3 116<br />

2 683<br />

227<br />

206<br />

2 091<br />

-781<br />

-674<br />

-189<br />

6<br />

-1 638<br />

453<br />

142<br />

102<br />

698<br />

Actual<br />

-3%<br />

3%<br />

4%<br />

2%<br />

5%<br />

3%<br />

n.s.<br />

4%<br />

3%<br />

33%<br />

-28%<br />

Variance<br />

3%<br />

4%<br />

5%<br />

CER<br />

0%<br />

0%<br />

-7%<br />

0%<br />

-1%<br />

-3%<br />

2%<br />

1%<br />

n.s.<br />

0%<br />

-7%<br />

30%<br />

-31%<br />

-3%<br />

33

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