GlaxoSmithKline plc (London: GSK)

980 Great West Rd., Brentford
London
TW8 9GS, United Kingdom (Map)
Phone: +44-20-8990-9000
Fax: +44-20-8990-4321
Primary US Office:
Subscribers Only
http://www.gsk.com

Annual Income Statement

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All amounts in millions of
except per share amounts.
View: Annual Dec 08 Dec 07 Dec 06
Revenue 24,340.0 22,705.7 23,212.6
Cost of Goods Sold 6,411.8 5,314.6 5,007.3
Gross Profit 17,928.1 17,391.1 18,205.3
Gross Profit Margin 73.7% 76.6% 78.4%
SG&A Expense 7,652.2 6,950.9 7,253.1
Depreciation & Amortization 1,230.4 1,018.8 958.5
Operating Income 7,498.3 7,900.0 8,108.9
Operating Margin 30.8% 34.8% 34.9%
Nonoperating Income 48.0 50.0 (295.8)
Nonoperating Expenses (529.7) -- --
Income Before Taxes 6,655.7 7,448.6 7,794.8
Income Taxes 1,946.0 2,141.0 2,299.8
Net Income After Taxes 4,709.7 5,307.6 5,495.1

Continuing Operations 4,709.7 5,211.6 5,386.1
Discontinued Operations -- -- --
Total Operations 4,709.7 5,211.6 5,386.1
Total Net Income 4,709.7 5,211.6 5,386.1
Net Profit Margin 19.3% 23.0% 23.2%

Diluted EPS from Total Net Income (£) 1.76 1.87 1.89
Dividends per Share 1.13 1.02 0.94

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