Bausch+Lomb Results Presentation Deck
Reconciliation of Reported Operating Loss/Income to Adjusted EBITA (non-
GAAP)¹ ($M)
2023 GAAP
Amortization of intangible assets
Restructuring, integration and transformation costs
Acquisition-related costs and adjustments (excluding
amortization of intangible assets)
Separation costs and separation-related costs
Other
2023 Non-GAAP¹
2022 GAAP
Amortization of intangible assets
Restructuring, integration and transformation costs
Acquired in-process research and development costs²
Acquisition-related costs and adjustments (excluding
amortization of intangible assets)
Separation costs and separation-related costs
2022 Non-GAAP¹
BAUSCH + LOMB
1.
$ 562
56
$
Gross
Profit
$
618
Gross
Profit
498
64
$ 562
Gross
Margin SG&A
54.3% $ 417 $
5.4%
0.0%
0.0%
0.0%
0.0%
59.7% $
Gross
Margin
52.9% $
6.8%
0.0%
0.0%
2Q 2023
0.0%
(16)
R&D
Expense
(2)
(1)
398 $
2Q 2022
0.0%
(6)
59.7% $ 362 $
85 $
R&D
SG&A Expense
368 $
Operating
Income
85 $
Gross
Profit
43 $ 1,064
56
113
30
75 $
75 $
3
21
Operating
Income
135
56
64
1
(5)
9
125
This is a non-GAAP measure or non-GAAP ratio. See Slide 1 and Non-GAAP Appendix for further information on non-GAAP measures and ratios.
$ 1,177
Gross
Profit
$ 974
129
$ 1,103
Gross
Margin SG&A
54.1% $ 835 $
5.7%
0.0%
0.0%
0.0%
0.0%
59.9% $
Gross
Margin
53.2% $
7.0%
0.0%
0.0%
0.0%
YTD 2023
0.0%
60.3% $
(40)
(5)
(1)
789 $
YTD 2022
SG&A
711 $
(1)
R&D
Expense
(10)
700 $
Operating
income
162 $
162 $
R&D
Expense
152 $
41
152 $
113
62
Ե
4
5
1
226
Operating
income
110
129
4
(5)
13
251
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