(iii) an adjustment to decrease interest income by $6.5 million for the six months to June 30, 2007, to reflect the interest foregone on the Group's cash resources used to part finance the acquisition of New River; and
(iv) an adjustment to increase amortization expense based on the estimated fair value of identifiable intangible assets from the purchase price allocation, which are being amortized over their estimated useful lives over a range of 5 to 20 years, of $80.6 million for the six months to June 30, 2007.
The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisition been consummated as of that time, nor is it intended to be a projection of future results.
Taxation for the interim period to June 30, 2007 consists of UK tax expense of $17.4 million (2006: $11.0 million expense) and overseas tax expense of $28.4 million (2006: $38.9 million expense).
5. Earnings per share (EPS)
Basic EPS is based upon the profit for the period divided by the
weighted average number of ordinary shares outstanding during the period,
excluding those hel
|SOURCE Shire plc|
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