Using Accounting Relations: Genentech Inc. (Medium)

Consider the following excerpts from Genentech’s 2004 income statement and cash flow statement. From the 2004 income statement (in millions):

From the 2004 cash flow statement (in thousands):

For 2004, calculate

a. Revenues.

b. ebit (earnings before interest and taxes).

c. ebitda (earnings before interest, taxes, depreciation, and amortization).
The following were reported in Genentech’s 2004 balance sheet (in millions):

d. Calculate the long-term assets and short-term liabilities that were reported.
The following were also reported in the 2004 statements (in millions):

e. Calculate cash flows from financing activities reported for 2004.

Revenues Costs and expenses Cost of sales Research and development Marketing, general, and administrative Collaboration profit sharing Special charges Other expense-net interest income Income before tax Income tax ? $ 672.5 947.5 1,088.1 593.6 182.7 (82.6) 1,219.4 434.6 Net income 784.8