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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 567,978 $ 683,971
Operating expenses    
Provision for changes in expected cash flows from financial royalty assets 583,600 118,804
Research and development funding expense 500 500
General and administrative expenses 57,652 85,695
Total operating expenses, net 641,752 204,999
Operating (loss)/income (73,774) 478,972
Other expense/(income)    
Equity in losses/(earnings) of equity method investees 14,149 (34,606)
Interest expense 44,232 46,950
Gains on derivative financial instruments 0 (7,090)
(Gains)/losses on equity securities (77,730) 10,818
Gains on available for sale debt securities (46,420) (32,300)
Interest income (7,417) (16,702)
Other non-operating expense, net 3,685 2,813
Total other income, net (69,501) (30,117)
Consolidated net (loss)/income before tax (4,273) 509,089
Income tax expense 0 0
Consolidated net (loss)/income (4,273) 509,089
Net (loss)/income attributable to non-controlling interests (9,051) 168,334
Net income attributable to Royalty Pharma plc $ 4,778 $ 340,755
Earnings per Class A ordinary share:    
Basic (in dollars per share) $ 0.01 $ 0.76
Diluted (in dollars per share) $ 0.01 $ 0.76
Weighted average Class A ordinary shares outstanding:    
Basic (in shares) 448,623 445,612
Diluted (in shares) 597,479 607,251
Financial Royalty Assets    
Revenues $ 541,546 $ 664,687
Other Royalty Income    
Revenues $ 26,432 $ 19,284