ANNUAL REPORT 2021
LUNDBECK
ANNUAL REPORT 2021
= CONTENTS
CONSOLIDATED FINANCIAL STATEMENTS
NOTES 2-3
2 REVENUE AND SEGMENT INFORMATION - CONTINUED
2020
Abilify MaintenaⓇ
BrintellixⓇ/TrintellixⓇ
CipralexⓇ/LexaproⓇ
NortheraⓇ
OnfiⓇ
RexultiⓇ/RxultiⓇ
SabrilⓇ
VyeptiⓇ
Other pharmaceuticals
Revenue by product
Other revenue
Effects from hedging
Total revenue
Of this amount:
Royalty
Down payments and milestone received
3 EMPLOYEE COSTS
58/111
Europe
DKKm
North
America
International
2021
2020
Markets
Group
Breakdown of employee costs
DKKm
DKKm
DKKm
DKKm
DKKm
1,081
980
210
2,271
Short-term employee benefits
3,996
4,249
Retirement benefits
256
244
837
1,682
583
3,102
523
Social security costs
332
353
127
1,730
2,380
2,553
2,553
Equity- and cash-settled incentive programs
41
34
642
642
18
2,537
65
777
2,620
777
Severance and other costs from restructuring activities
Total
100
15
4,725
4,895
93
870
3,329
399
1,469
9,790
4,057
93
2,738
17,176
For details on payments related to share-based incentive programs, see note 14 Incentive programs. For
details on provisions for severance and other costs from restructuring activities, see note 15 Provisions.
Employee costs for the year are included in the following functions in the statement of profit or loss:
2021
2020
491
Employee costs
DKKm
DKKm
5
Cost of sales
720
703
17,672
Sales and distribution costs
2,477
2,550
Administrative expenses
588
628
752
32
Research and development costs
Total
940
1,014
4,725
4,895
Information on employees
2021
2020
Average number of full-time employees in the financial year
5,488
5,717
Number of full-time employees at 31 December
In Denmark
In 2021, Denmark generated local revenue from external customers in the country of domicile in the amount
of DKK 30 million (DKK 29 million in 2020). The U.S generated local revenue of DKK 7,456 million (DKK
8,804).
The U.S. and Denmark are the only countries where sales contribute 10% or more of total revenue.
In 2021, no single customer contributes 10% or more of total revenue. In 2020, one customer in the U.S.
contributed to approximately DKK 1.8 billion of total revenue.
In other countries
Total
Intangible assets and property, plant and equipment by geographic region
Denmark
2021
DKKm
2020
DKKm
11,070
11,452
USA
12,778
12,487
Other countries
1,809
1,532
Total
25,657
25,471
1,751
1,728
3,597
3,900
5,348
5,628View entire presentation