• GLAXOSMITHKLINE PLC Income Statement

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    Annual Data | Quarterly Data
    Period Ending FY2007 FY2006 FY2005 FY2004 FY2003
    Net Sales/Revenues 45.61 B 43.15 B 39.28 B 36.76 B 35.28 B
    Cost of Goods Sold (Excluding Depreciation) 8.40 B 7.53 B 7.00 B 6.44 B 5.48 B
    Depreciation, Depletion and Amortization 2.05 B 1.78 B 1.64 B 1.58 B 1.42 B
    Gross Income 35.16 B 33.84 B 30.64 B 28.74 B 28.39 B
    Selling, General & Admin Expenses 20.19 B 19.91 B 18.83 B 18.58 B 17.00 B
    Other Operating Expense 0.00 0.00 0.00 0.00 717.41 M
    Operating Expenses - Total 5.44 B 5.54 B 5.10 B 4.67 B 5.57 B
    Operating Income 14.97 B 13.94 B 11.80 B 10.15 B 10.67 B
    Extraordinary Credit - Pretax 114.44 M 263.83 M 0.00 0.00
    Extraordinary Charge - Pretax 975.75 M 505.36 M 224.85 M 106.67 M 649.94 M
    Non-operating Interest Income 511.97 M 529.52 M 500.48 M 318.16 M 100.37 M
    Reserves Inc (Dec) 0.00 0.00 0.00 0.00 0.00
    Pretax Equity in Earnings
    Other Income/Expenses - Net 923.55 M 811.92 M 852.26 M 787.13 M 505.15 M
    Earnings Before Interest & Taxes (EBIT) 15.54 B 15.04 B 12.93 B 11.15 B 10.63 B
    Interest Expenses On Debt 682.62 M 650.28 M 819.62 M 634.49 M 352.12 M
    Interest Capitalized 0.00 0.00 0.00 0.00 0.00
    Pretax Income 14.86 B 14.39 B 12.11 B 10.52 B 10.27 B
    Income Taxes 4.30 B 4.28 B 3.47 B 3.23 B 2.80 B
    Current Domestic Income Tax 907.49 M 743.18 M 641.92 M 502.07 M 630.20 M
    Current Foreign Income Tax 3.94 B 4.29 B 3.02 B 2.56 B 2.60 B
    Deferred Domestic Income Tax -546.10 M -759.90 M -186.77 M 165.52 M -431.10 M
    Deferred Foreign Income Tax 0.00 0.00 0.00
    Income Tax Credits
    Minority Interest 192.74 M 202.52 M 230.29 M 209.66 M 154.67 M
    Equity in Earnings 100.39 M 104.05 M 94.29 M 110.35 M 74.04 M
    After Tax Income Expense 0.00 0.00 0.00 0.00 0.00
    Discontinued Operations 0.00 0.00 0.00 0.00 0.00
    Net Income Before Extra Items/Preferred Div 10.47 B 10.01 B 8.50 B 7.19 B 7.40 B
    Extra Items & Gain (Loss) Sale of Assets 0.00 0.00 0.00 0.00 0.00
    Net Income Before Preferred Dividends 10.47 B 10.01 B 8.50 B 7.19 B 7.40 B
    Preferred Dividend Requirements 0.00 0.00 0.00 0.00 19.75 M
    Net Income Available to Common 10.47 B 10.01 B 8.50 B 7.19 B 7.38 B