Eli Lilly 2013 Annual Report Download - page 94

Download and view the complete annual report

Please find page 94 of the 2013 Eli Lilly annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 160

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160

80
Selected Financial Data (unaudited)
ELI LILLY AND COMPANY AND
SUBSIDIARIES
(Dollars in millions, except revenue per
employee and per-share data) 2013 2012 2011 2010 2009
Operations
Revenue . . . . . . . . . . . . . . . . . . . $23,113.1 $ 22,603.4 $ 24,286.5 $ 23,076.0 $ 21,836.0
Cost of sales . . . . . . . . . . . . . . . . 4,908.1 4,796.5 5,067.9 4,366.2 4,247.0
Research and development . . . . . 5,531.3 5,278.1 5,020.8 4,884.2 4,326.5
Marketing, selling, and
administrative . . . . . . . . . . . . . . 7,125.6 7,513.5 7,879.9 7,053.4 6,892.5
Other . . . . . . . . . . . . . . . . . . . . . . (341.2) (392.9) 968.4 247.0 1,012.2
Income before income taxes . . . . 5,889.3 5,408.2 5,349.5 6,525.2 5,357.8
Income taxes . . . . . . . . . . . . . . . . 1,204.5 1,319.6 1,001.8 1,455.7 1,029.0
Net income. . . . . . . . . . . . . . . . . . 4,684.8 4,088.6 4,347.7 5,069.5 4,328.8
Net income as a percent of
revenue. . . . . . . . . . . . . . . . . . . 20.3% 18.1% 17.9% 22.0% 19.8%
Net income per share— diluted . . $ 4.32 $ 3.66 $ 3.90 $ 4.58 $ 3.94
Dividends declared per share . . . 1.96 1.96 1.96 1.96 1.96
Weighted-average number of
shares outstanding—diluted
(thousands). . . . . . . . . . . . . . . . 1,084,766 1,117,294 1,113,967 1,105,813 1,098,367
Financial Position
Current assets . . . . . . . . . . . . . . . $13,104.7 $ 13,038.7 $ 14,248.2 $ 14,840.0 $ 12,486.5
Current liabilities . . . . . . . . . . . . . 8,916.6 8,389.5 8,930.9 6,926.9 6,568.1
Property and equipment—net . . . 7,975.5 7,760.2 7,760.3 7,940.7 8,197.4
Total assets . . . . . . . . . . . . . . . . . 35,248.7 34,398.9 33,659.8 31,001.4 27,460.9
Long-term debt . . . . . . . . . . . . . . 4,200.3 5,519.4 5,464.7 6,770.5 6,634.7
Total equity. . . . . . . . . . . . . . . . . . 17,640.7 14,773.9 13,535.6 12,412.8 9,525.3
Supplementary Data
Return on total equity. . . . . . . . . . 29.5% 27.8% 31.4% 46.1% 51.0%
Return on assets . . . . . . . . . . . . . 13.8% 12.3% 13.4% 17.7% 15.8%
Capital expenditures . . . . . . . . . . $ 1,012.1 $ 905.4 $ 672.0 $ 694.3 $ 765.0
Depreciation and amortization . . . 1,445.6 1,462.2 1,373.6 1,328.2 1,297.8
Effective tax rate . . . . . . . . . . . . . 20.5% 24.4% 18.7% 22.3% 19.2%
Revenue per employee . . . . . . . . $ 609,000 $ 590,000 $ 638,000 $ 602,000 $ 540,000
Number of employees . . . . . . . . . 37,925 38,350 38,080 38,350 40,360
Number of shareholders of
record . . . . . . . . . . . . . . . . . . . . 31,900 33,600 35,200 36,700 38,400