Investor Presentaiton
RECONCILIATION OF GAAP REPORTED TO NON-GAAP ADJUSTED
INFORMATION; CERTAIN LINE ITEMS (UNAUDITED)
Lilly
Millions; except per share data
1H 2023
GAAP Reported
Adjustments
Non-GAAP
Adjusted
YoY Non-GAAP
Adjusted Change
TOTAL REVENUE
$15,272
$ -
$15,272
7%
GROSS MARGIN
77.5%
1.7pp
79.2%
1.4pp
TOTAL OPERATING EXPENSE
8,218
8,218
14%
OPERATING INCOME
3,620
252
3,872
(2)%
OPERATING MARGIN
23.7%
1.7pp
25.4%
(2.2)p
OTHER INCOME (EXPENSE)
(1)
77
75
NM
EFFECTIVE TAX RATE
14.1%
0.6pp
14.7%
3.1pp
NET INCOME
$3,108
$260
$3,368
(4)%
EPS
$3.44
$0.29
$3.73
(4)%
Acquired IPR&D Charges per share*
$0.19
$ -
$0.19
(69)%
*Acquired IPR&D of $202 million (pre-tax)
Numbers may not add due to rounding; see slide 25 for a complete list of adjustments
Not for promotional use
2023 Q2 EARNINGS
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