XML 288 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated Statement of Comprehensive Income      
Product Sales $ 36,541 $ 25,890 $ 23,565
Collaboration Revenue 876 727 819
Total Revenue 37,417 26,617 24,384
Cost of sales (12,437) (5,299) (4,921)
Gross Profit 24,980 21,318 19,463
Distribution costs (446) (399) (339)
Research and development expense (9,736) (5,991) (6,059)
Selling, general and administrative expense (15,234) (11,294) (11,682)
Other operating income and expense 1,492 1,528 1,541
Operating Profit 1,056 5,162 2,924
Finance income 43 87 172
Finance expense (1,300) (1,306) (1,432)
Share of after tax losses in associates and joint ventures (64) (27) (116)
(Loss)/profit before tax (265) 3,916 1,548
Taxation 380 (772) (321)
Profit for the period 115 3,144 1,227
Other comprehensive income:      
Remeasurement of the defined benefit pension liability 626 (168) (364)
Net (losses)/gains on equity investments measured at fair value through other comprehensive income (187) 938 (28)
Fair value movements related to own credit risk on bonds designated as fair value through profit and loss   (1) (5)
Tax on items that will not be reclassified to profit or loss 105 (81) 21
Total other comprehensive income that will not be reclassified to profit or loss, net of tax 544 688 (376)
Foreign exchange arising on consolidation (483) 443 40
Foreign exchange arising on designated borrowings in net investment hedges (321) 573 (252)
Fair value movements on cash flow hedges (167) 180 (101)
Fair value movements on cash flow hedges transferred to profit and loss 208 (254) 52
Fair value movements on derivatives designated in net investment hedges 34 8 35
(Costs)/gains of hedging (6) 9 (47)
Tax on items that may be reclassified subsequently to profit or loss 46 (39) 38
Other comprehensive (loss)/income that may be reclassified to profit or loss, net of tax (689) 920 (235)
Other comprehensive (loss)/income for the period, net of tax [1] (145) 1,608 (611)
Total comprehensive (loss)/income for the period (30) 4,752 616
Profit attributable to:      
Owners of the Parent 112 3,196 1,335
Non-controlling interests 3 (52) (108)
Total comprehensive (loss)/income attributable to:      
Owners of the Parent (33) 4,804 723
Non-controlling interests 3 (52) (107)
Total comprehensive (loss)/income for the period $ (30) $ 4,752 $ 616
Basic earnings per $0.25 Ordinary Share $ 0.08 $ 2.44 $ 1.03
Diluted earnings per $0.25 Ordinary Share $ 0.08 $ 2.44 $ 1.03
Weighted average number of Ordinary Shares in issue (millions 1,418 1,312 1,301
Diluted weighted average number of Ordinary Shares in issue (millions) 1,427 1,313 1,301
[1] Included within Other comprehensive loss of $145m (2020: income of $1,608m; 2019: loss of $611m) is a charge of $6m (2020: gain of $9m; 2019: charge of $47m), relating to Costs of hedging.