EX-99.2 3 d108273dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

STATEMENT OF CONDENSED CONSOLIDATED INCOME (LOSS)

(Amounts in euros)

		At June 30
		2015				2014
Operating income
Revenues			107,520				103,165
Other income			3,062,682				2,557,967
Total income			3,170,202				2,661,132
Operating expenses
Cost of goods sold			(91,930	)			(113,663	)
Research & Development			(12,500,273	)			(10,441,632	)
General & Administrative			(5,494,810	)			(4,182,864	)
Total Expenses			(18,087,013	)			(14,738,159	)
Operating Profit (Loss)			(14,916,811	)			(12,077,026	)
Financial revenues			522,977				329,026
Financial expenses			(84,315	)			(25,743	)
Financial profit (loss)			438,662				303,283
Income tax			—				—
Net Profit (Loss)			(14,478,149	)			(11,773,743	)
Basic/diluted earnings per share (EUR/share)			(0.74	)			(0.77	)

STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS)

		At June 30
		2015				2014
Net Profit (Loss)			(14,478,149	)			(11,773,743	)
Actuarial gains and losses on employee benefits, net of corporate tax			(72,265	)			(61,698	)
Profit (loss) directly recognised in shareholders’ equity			(72,265	)			(61,698	)
Other items in the total profit (loss) to be recycled subsequently to the net profit (loss)			(28,019	)			—
Total comprehensive income(loss)			(14,578,433	)			(11,835,441	)

In accordance with IAS 1 Presentation of Financial Statements (2007) (IAS 1), the Group, as defined in the notes to its unaudited interim condensed financial statements for the first half of 2015, presents a combined statement of other elements of comprehensive income or loss.

The Group does not hold any financial assets available for sale and non-current financial assets are measured at historical cost; therefore, no change in fair value is reflected in the statement of consolidated comprehensive income (loss).