<SEC-DOCUMENT>0001370368-15-000002.txt : 20150127
<SEC-HEADER>0001370368-15-000002.hdr.sgml : 20150127
<ACCEPTANCE-DATETIME>20150127074328
ACCESSION NUMBER:		0001370368-15-000002
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20141231
FILED AS OF DATE:		20150127
DATE AS OF CHANGE:		20150127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVARTIS AG
		CENTRAL INDEX KEY:			0001114448
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15024
		FILM NUMBER:		15550296

	BUSINESS ADDRESS:	
		STREET 1:		LICHTSTRASSE 35
		CITY:			BASEL
		STATE:			V8
		ZIP:			CH 4056
		BUSINESS PHONE:		01141613241111

	MAIL ADDRESS:	
		STREET 1:		LICHTSTRASSE 35
		CITY:			BASEL
		STATE:			V8
		ZIP:			CH 4056
</SEC-HEADER>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington, D.C. 20549</font></div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">PURSUANT TO RULE 13a-16 or 15d-16 OF</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt; FONT-WEIGHT: bold">THE SECURITIES EXCHANGE ACT OF 1934</font></div>

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    Report on Form 6-K dated
    January 27, 2015</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">Novartis AG</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal">(Name of Registrant)</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Lichtstrasse 35</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">4056 Basel</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Switzerland</font></div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Form 20-F: <font style="DISPLAY: inline; FONT-FAMILY: wingdings">x</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Form 40-F: <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Yes: <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Yes: <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">No</font>: <font style="DISPLAY: inline; FONT-FAMILY: wingdings; FONT-WEIGHT: bold">x</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Yes: <font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">No</font>: <font style="DISPLAY: inline; FONT-FAMILY: wingdings; FONT-WEIGHT: bold">x</font></font></div>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">Exhibits:</font>
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  <a href="a150127-99_1.htm" title="99.1 Financial Report Q4 2014">99.1 Financial Report Q4 2014</a>

<br />

 <a href="a150127-99_2.htm" title="99.2 Interim Financial Report">99.2 Interim Financial Report</a>

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    <div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">SIGNATURES</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Novartis AG</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Date:
    January 27, 2015</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">By:</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">/s/ MALCOLM B. CHEETHAM</font></div>
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<td colspan="2" valign="top" width="7%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
<td valign="top" width="40%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#160; </font></td>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Name:</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Malcolm B. Cheetham</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Title:</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Head Group Financial Reporting and Accounting</font></div>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a150127-99_1.htm
<DESCRIPTION>99.1 FINANCIAL REPORT Q4 2014
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Novartis&#160;Global Communications</font></div>

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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Net sales increased 1% (+3% cc<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font>)<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font> to USD 58.0 billion in FY (Q4: -2%, +4% cc)</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Outlook based on modeling assumption that GSK transactions will close on March 31, 2015<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">4</font></font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: center">
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</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: center">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px">
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</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: center">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">5</font></font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">5</font></font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 633</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14 926</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">57 996</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57 920</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 278</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-49</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-39</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 373</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 736</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10 671</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10 910</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 487</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 999</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 058</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 280</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 144</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">19</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 292</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">EPS (USD)</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0.62</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.81</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.83</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4.21</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.70</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.76</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Free cash flow</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 419</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 130</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">41</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 319</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 762</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 592</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 945</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; TEXT-DECORATION: underline; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="DISPLAY: inline">Core</font></font></div>
</td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 322</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 293</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 616</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14 191</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 914</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 892</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">12 755</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2 </font>All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. See page 85 of the CFR.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3 </font>Growth Products are defined on page 2, and Emerging Growth Markets are defined on page 9.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">4 </font>Forecast assumption for modeling purposes only. Novartis continues to expect the GSK transactions to be completed in the first half of 2015.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">5 </font>2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date. See page 22 of the CFR.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Basel, January 27, 2015 &#8212;</font> Commenting on the results, Joseph Jimenez, CEO of Novartis, said:</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-STYLE: italic; DISPLAY: inline">&#8220;2014 was a transformational year for Novartis. We improved our execution, while taking steps to focus the company on our three leading businesses with global scale. We delivered solid sales growth with margin expansion, strengthened innovation, and advanced our quality and productivity agendas. I&#8217;m confident that we are positioned for future success.&#8221;</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">GROUP REVIEW</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Following the announcement of the transactions with GlaxoSmithKline plc (GSK) and Eli Lilly and Company (Lilly) on April 22, 2014 (and the subsequent transaction with CSL Limited), in order to comply with International Financial Reporting Standards (IFRS), Novartis separated the Group&#8217;s reported financial data for the current and prior years into &#8220;discontinuing&#8221; operations and &#8220;continuing&#8221; operations.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font> See page 22 of the Condensed Financial Report for full explanation.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Fourth quarter</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Group net sales grew on strong execution of Growth Products</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font></font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net sales amounted to USD 14.6 billion (-2%, +4% cc) in the fourth quarter. Growth Products contributed USD 4.7 billion or 32% of Group net sales, up 14% (USD) over the prior-year quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group operating income decreased 49% (-39% cc) to USD 1.2 billion, mainly due to an exceptional pre-tax impairment charge of USD 1.1 billion related to the pending divestment to CSL Limited (CSL) of the influenza vaccines business. Currency had a negative impact of 10 percentage points, primarily due to the weakening of the euro, yen and ruble against the US dollar. Operating income margin decreased to 8.0% of net sales, down 6.4 percentage points (cc) from the prior-year quarter mainly on account of the exceptional influenza vaccines business impairment charge. Currency had a negative impact of 0.9 percentage points, resulting in a net decrease of 7.3 percentage points. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 101 million for the quarter, improving the operating income margin by 0.7 percentage points (cc). The adjustments made to Group operating income to arrive at core operating income increased to USD 2.2 billion (2013: USD 1.0 billion).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 1% (+9% cc) to USD 3.3 billion. Core operating income margin in constant currencies increased 1.1 percentage points mainly due to lower functional costs driven by productivity programs, partly offset by unfavorable other income and expense. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 49 million, improving the core operating income margin by 0.3 percentage points (cc). Currency had a negative impact of 0.5 percentage points, resulting in a net increase of 0.6 percentage points to 22.7% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net income of USD 1.5 billion was down 26% (-16% cc), mainly due to lower operating income, partially offset by higher income from associated companies, which included a USD 0.4 billion pre-tax gain from the divestment of the shareholding in LTS Lohmann Therapie-Systeme AG and lower tax expense.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">EPS was USD 0.62 (-23%, -13% cc), down slightly less than net income due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group core net income of USD 2.9 billion was up 1% (+9% cc), in line with core operating income.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core EPS was USD 1.21 (+3%, +12% cc), growing ahead of core net income mainly due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> Despite the required presentation of discontinuing operations, until the GSK and CSL transactions are closed, Novartis remains fully committed to all Group activities.</font></div>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font> "Growth Products" comprise products launched in 2009 or later, or products with exclusivity until at least 2018 in key markets (EU, US, Japan) (except Sandoz, which includes only products launched in the last 24 months).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Free cash flow for the fourth quarter was USD 4.4 billion, an increase of 41% or USD 1.3 billion compared to the prior-year period. This was primarily due to higher cash flows from operating activities, which mainly benefited from higher hedging gains and lower net working capital. Higher proceeds from Novartis Venture Fund divestments and lower investment in property, plant and equipment also contributed.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for the fourth quarter of 2014 and the same period in 2013 including the blood transfusion diagnostics unit, Group total net sales decreased 3% in USD (+3% cc), Group total operating income was down 51% (-42% cc), Group total net income decreased 28% (-18% cc), and Group total EPS decreased 25% (-16% cc), down slightly less than Group total net income due to the lower average number of outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">For continuing operations, net sales were USD 13.1 billion (-2%, +3% cc) in the fourth quarter. Operating income was up 1% (+10% cc), core operating income decreased 2% in USD (+6% cc) and core operating income margin increased 0.1 percentage points to 24.7% of net sales. Continuing operations do not yet include the results from oncology net assets to be acquired from GSK on closing of the transaction or the results from the 36.5% interest in the GSK/Novartis consumer healthcare joint venture that will be created at the same time.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Pharmaceuticals</font> net sales were USD 7.9 billion (-6%, 0% cc), with volume growth of 8 percentage points offset by the negative impact of generic competition (-8 percentage points), largely for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> monotherapy and <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge </font>(US generic entry for <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> on September 30, 2014 and for <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge HCT</font> on December 1, 2014). Growth Products generated USD 3.6 billion of division net sales, growing 18% (cc) over the same period last year. These products &#8211; which include <font style="FONT-STYLE: italic; DISPLAY: inline">Gilenya</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Lucentis</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair</font>, the COPD (chronic obstructive pulmonary disease) portfolio<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font> &#8211; contributed 46% of division net sales, compared to 39% in the 2013 quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income of USD 1.6 billion (-20%, -14% cc) declined principally due to exceptional items, including net impairments of USD 157 million (primarily related to DEB025, which was terminated as a result of a hepatitis C virus strategy review) and net restructuring charges of USD 207 million (mainly related to a voluntary retirement program in Japan). Core operating income was USD 2.0 billion (-7%, 0% cc). Core margin in constant currencies was in line with the prior year; currency had a negative impact of 0.4 percentage points, resulting in a core margin of 25.2% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income increased 112% (+155% cc) to USD 365 million, driven by strong operating performance and the ending in 2013 of integration charges related to the acquisition of Alcon. Core operating income advanced 5% (+14% cc) to USD 895 million, driven by higher sales and productivity programs. Core operating income margin in constant currencies increased by 2.1 percentage points; currency had a negative impact of 1.1 percentage points,&#160;resulting in a net increase of 1.0 percentage points to 33.1% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Sandoz</font> net sales increased 4% (+11% cc) to USD 2.5 billion in the fourth quarter, as volume growth of 20 percentage points more than compensated for 9 percentage points of price erosion. US sales of retail generics and biosimilars delivered strong growth (+24% cc), driven by recent successful launches, partly offset by higher price erosion. Germany grew (+5% cc) in a declining market, while Western Europe (excluding Germany) grew 4% (cc). Japan continued to show double-digit growth (+14% cc). In emerging markets, Asia (excluding Japan, +18% cc) and Latin America (+17% cc) grew strongly, while Central and Eastern Europe increased sales by 6% (cc) in the quarter. Sandoz strengthened its leading global position in biosimilars (USD 132 million, +18% cc), with double-digit sales growth driven by strong momentum in its three in-market products<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">For discontinuing operations, net sales grew 1% (+9% cc) to USD 1.6 billion in the fourth quarter. Operating loss was USD 1.2 billion, mainly driven by an exceptional pre-tax impairment charge of USD 1.1 billion related to the pending divestment to CSL of the influenza vaccines business. Core operating income was USD 93 million, and core operating income margin improved 5.8 percentage points to 6.0% of net sales. 2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date. The cessation of depreciation and amortization related to discontinuing operations had a positive impact of USD 101 million on operating income and USD 49 million on core operating income in the fourth quarter, contributing 3.2 percentage points to the improvement in core operating income margin.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Vaccines</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font><font style="FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font>net sales were USD 494 million (-2%, +4% cc) for the fourth quarter compared to USD 503 million in the prior-year period. Solid demand across the product portfolio was driven by the Meningitis franchise, which benefited from sales of <font style="FONT-STYLE: italic; DISPLAY: inline">Menveo</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Menjugate</font> and the recently launched <font style="FONT-STYLE: italic; DISPLAY: inline">Bexsero</font>. This was offset by an earlier US influenza season and lower sales to the US Department of Health and Human Services.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating loss was USD 1.1 billion for the fourth quarter compared to a loss of USD 96 million in the prior-year period, driven by an exceptional pre-tax impairment charge of USD 1.1 billion for the influenza vaccines business. Due to the cessation of depreciation and amortization charges from the portfolio transformation announcement date, the prior year contained approximately USD 73&#160;million of higher depreciation and amortization charges for the quarter compared to the current year, comprised of USD 35 million for depreciation and USD 38 million for amortization. Core operating loss for the fourth quarter was USD 6 million compared to a loss of USD 52 million for the prior-year period. The improvement in core operating loss was mainly due to a higher margin product mix and the cessation of depreciation of USD 35 million, partially offset by increased operating costs of the Holly Springs facility in the US and enrollment in two large Phase III quadrivalent influenza vaccine studies.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for the fourth quarter of 2014 and the same period in 2013 including the blood transfusion diagnostics unit, Vaccines net sales declined 25% (-20% cc) and operating loss increased to USD 1.1 billion from USD 1 million in the year-ago period.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Consumer Health</font>, which comprises OTC and Animal Health, saw net sales increase 3% (+11% cc) to USD 1.1 billion in the fourth quarter, with double-digit sales growth (+14% cc) in OTC and single-digit sales growth (+3% cc) in Animal Health. From a brand perspective, <font style="FONT-STYLE: italic; DISPLAY: inline">Voltaren</font> in OTC and <font style="FONT-STYLE: italic; DISPLAY: inline">Denagard</font> in Animal Health were key growth drivers, up 20% (cc) and 11% (cc), respectively.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income amounted to USD 172 million compared to USD 48 million in the prior-year quarter, driven by higher gross margin from sales, strong operating leverage and income from a divestment in the US. The cessation of depreciation and amortization charges from the portfolio transformation announcement date had a positive impact of USD 28 million for the quarter, comprised of USD 13 million for depreciation and USD 15 million for amortization. Core operating income increased 92% (+122% cc) to USD 115 million. Core operating income margin in constant currencies increased by 5.9 percentage points; currency had a negative impact of 0.9 percentage points, resulting in a net increase of 5.0 percentage points to 10.8% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Strong net sales performance more than offset impact of generic competition</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net sales increased 1% (+3% cc) to USD 58.0 billion in the full year. Growth Products contributed USD 18.6 billion or 32% of Group net sales, up 18% (USD) over 2013. Loss of exclusivity, including for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan, </font>impacted sales by approximately USD 2.4 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group operating income increased 1% (+7% cc) to USD 10.7 billion. The USD 0.9 billion exceptional gain in the first quarter from the divestment of the blood transfusion diagnostics unit to Grifols S.A. was more than offset by an exceptional pre-tax impairment charge of USD 1.1 billion in the fourth quarter related to the pending divestment to CSL of the influenza vaccines business. The negative currency impact of 6 percentage points was mainly due to the weakening of emerging market currencies (especially the ruble) and the yen against the US dollar. Operating income margin was 18.5% of net sales, up 0.8 percentage points (cc) from the prior-year period. Currency had a negative impact of 0.9 percentage points, resulting in a net decrease of 0.1 percentage points. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 277 million for the full year, improving operating income margin by 0.5 percentage points (cc). The adjustments made to Group operating income to arrive at core operating income amounted to USD 3.9 billion (2013: USD 3.5 billion).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 3% (+8% cc) to USD 14.6 billion. Core operating income margin in constant currencies increased 1.2 percentage points; currency had a negative currency impact of 0.7 percentage points, resulting in a net increase of 0.5 percentage points to 25.2% of net sales. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 134 million, improving the core operating income margin by 0.2 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net income of USD 10.3 billion was up 12% (+19% cc), growing ahead of operating income mainly due to higher income from associated companies, which included a pre-tax gain of USD 0.8 billion from the sale of the shares of Idenix Pharmaceuticals, Inc. to Merck &amp; Co., and a pre-tax gain of USD 0.4 billion from the divestment of the shareholding in LTS Lohmann Therapie-Systeme AG, partly offset by an increase in tax expense.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">EPS was up 14% (+20% cc) to USD 4.21, growing ahead of net income due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group core net income of USD 12.8 billion was up 3% (+8% cc), in line with core operating income.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Free cash flow for the year was USD 10.8 billion, an increase of 12% or USD 1.2 billion compared to prior year. This was primarily due to higher cash flows from operating activities, which mainly benefited from higher operating income adjusted for non-cash items, despite negative currency effects and increased hedging gains, partially offset by higher investments in intangible assets.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for the full year of 2014 and the same period in 2013 including the blood transfusion diagnostics unit, Group total net sales remained stable in USD (0%, +2% cc), Group total operating income was down 2% (+5% cc), Group total net income increased 11% (+17% cc) and Group total EPS grew slightly ahead of net income at 12% (+18% cc) due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income was USD 8.5 billion (-10%, -5% cc) for the full year, mainly impacted by higher restructuring charges and higher impairments. Core operating income was USD 9.5 billion (0%, +4% cc), generating core operating leverage due to productivity programs and effective resource allocation. Core margin in constant currencies improved by 1.1 percentage points; currency had a negative impact of 0.8 percentage points, resulting in a net margin expansion of 0.3 percentage points to 29.9% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Alcon</font> net sales grew 3% (+6% cc) to USD 10.8 billion for the full year 2014. Surgical franchise sales advanced 5% (+7% cc), driven by strong sales of equipment, led by the launch of the <font style="FONT-STYLE: italic; DISPLAY: inline">Centurion </font>phacoemulsification cataract platform and<font style="FONT-STYLE: italic; DISPLAY: inline"> Verion</font> image-guided pre-operative diagnostic system, continued growth of the <font style="FONT-STYLE: italic; DISPLAY: inline">LenSx </font>femtosecond laser platform, and growth in cataract and vitreoretinal disposables. Growth in Ophthalmic Pharmaceuticals (+3%, +5% cc) was driven by double-digit growth of <font style="FONT-STYLE: italic; DISPLAY: inline">Systane</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Ilevro</font>, and fixed-dose glaucoma combination products, offset by weak allergy and otic seasons in the US and Japan. Vision Care (+2%, +4% cc) benefited from launches of innovative contact lenses, including <font style="FONT-STYLE: italic; DISPLAY: inline">Dailies Total1 and AirOptix </font>Colors, partially offset by declining contact lens care sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income increased 30% (+43% cc) to USD 1.6 billion, driven by strong operating performance as well as the ending in 2013 of integration charges related to the acquisition of Alcon. Core operating income was USD 3.8 billion (+3%, +8% cc). Core operating income margin in constant currencies increased by 0.6 percentage points; currency had a negative impact of 0.6 percentage points,&#160;resulting in a stable core margin of 35.2% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Sandoz</font>&#160;net sales increased by 4% (+7% cc) to USD 9.6 billion, as volume growth of 15 percentage points more than offset 8 percentage points of price erosion. Performance was driven by strong retail generics and biosimilars sales growth (including the <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> monotherapy authorized generic launch) in Asia (excluding Japan) (+15% cc), the US (+14% cc), Latin America (+10% cc) and Canada (+9% cc). Central and Eastern Europe (+5% cc) and Western Europe (excluding Germany) (+4% cc) showed solid growth, while German sales were stable (0% cc). Biosimilars grew 23% (cc) to reach USD 514 million globally in 2014.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Sandoz operating income increased by 6% (+14% cc) to USD 1.1 billion, benefiting from strong operating performance and unrepeated prior-year legal settlements. Core operating income was USD 1.6 billion (+2%, +7% cc). Core operating income margin in constant currencies increased by 0.1 percentage points, despite high price erosion; currency had a negative impact of 0.5 percentage points, resulting in a net decrease of 0.4 percentage points to 16.4% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Discontinuing operations</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">For discontinuing operations, net sales grew 6% (+9% cc) to USD 5.8 billion in the full year. Operating loss was USD 353 million (including the USD 1.1 billion exceptional pre-tax impairment charge related to the pending divestment to CSL of the influenza vaccines business), core operating income was USD 143 million, and core operating income margin improved 2.8 percentage points to 2.5% of net sales. 2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date. The cessation of depreciation and amortization related to discontinuing operations had a positive impact of USD 277 million on operating income and USD 134 million on core operating income in the full year, which contributed to the improvement in core operating income margin.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Vaccines</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font><font style="FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font>net sales increased 8% (+10% cc) to USD 1.5 billion for the year compared to USD 1.4 billion in 2013, driven by solid demand across the product portfolio, particularly in the Meningitis franchise with the recently launched <font style="FONT-STYLE: italic; DISPLAY: inline">Bexsero</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating loss was USD 552 million for 2014 compared to a loss of USD 477 million in 2013. The increase in operating loss was driven by the impairment of the influenza vaccines business of USD 1.1 billion, mostly offset by the USD 876 million exceptional gain from the divestment of the blood transfusion diagnostics unit to Grifols S.A. Due to the cessation of depreciation and amortization charges from the portfolio transformation announcement date, the prior year contained approximately USD 204 million of higher depreciation and amortization charges compared to the current year, comprised of USD 95 million for depreciation and USD 109 million for amortization. Core operating loss was USD 290 million in 2014 compared to a loss of USD 302 million in the prior year. The improvement in core operating loss was driven by increased sales and the cessation of depreciation of USD 95 million, partially offset by operating costs of the Holly Springs facility and enrollment in two large Phase III quadrivalent influenza vaccine studies.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for 2014 and 2013 including the blood transfusion diagnostics unit, Vaccines net sales declined 23% (-21% cc) and operating loss for 2014 amounted to USD 552 million compared to a loss of USD 238 million in 2013.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income amounted to USD 470 million compared to USD 178 million in the prior-year period, driven by higher gross margin from incremental sales and lower Lincoln plant remediation and restructuring expenses. The cessation of depreciation and amortization charges from the portfolio transformation announcement date had a positive impact of USD 73 million in the year, comprised of USD 34 million for depreciation and USD 39 million for amortization. Core operating income increased 52% (+72% cc) to USD 452 million. Core operating income margin in constant currencies increased by 4.3 percentage points; currency had a negative impact of 1.0 percentage point, resulting in a net increase of 3.3 percentage points to 10.6% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A consistent focus on three core priorities &#8211; innovation, growth and productivity &#8211; guides every aspect of our long-term strategy. In the fourth quarter, we made significant progress in each of these areas.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In January 2015, the FDA Oncologic Drugs Advisory Committee (ODAC) recommended approval of Sandoz investigational biosimilar filgrastim in the US for use in all indications included in the reference product's (Neupogen&#174;) label.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In January 2015, FDA granted an accelerated approval of <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Bexsero</font> (Meningococcal Group B Vaccine [recombinant, adsorbed]) for active immunization to prevent invasive meningococcal disease caused by serogroup B (also known as meningitis B) in adolescents and young adults from 10 years through 25 years of age.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Regulatory applications have been submitted in both the US and EU for LCZ696 as a treatment for patients with heart failure with reduced ejection fraction (HFrEF). In the EU, CHMP granted accelerated assessment to LCZ696, shortening the review process by 60 days.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In December 2014, Novartis completed regulatory submissions to the FDA for QVA149 and NVA237 for the long-term maintenance treatment of chronic obstructive pulmonary disease (COPD). Submissions included pivotal Phase III results from the EXPEDITION and GEM clinical trial programs, which met both primary and secondary endpoints.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Building on the positive data previously reported in psoriasis, a Phase IIIb study demonstrated <font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx </font>(secukinumab) superiority to Stelara&#174; (ustekinumab) in clearing skin, and met both primary and secondary endpoints.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">New analyses showed LCZ696 could change the course of heart failure for patients, with lower incidence of sudden deaths, emergency room visits, hospitalizations, worsening symptoms and need for more intense treatment versus enalapril in HFrEF patients.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Findings from continued clinical studies of CTL019 showed 92% of children and young adults (36 out of 39) with relapsed/refractory acute lymphoblastic leukemia (r/r ALL) experienced complete remissions. Novartis and the University of Pennsylvania have an exclusive global collaboration to research, develop and commercialize CAR T cell therapies for the investigational treatment of cancers.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">An ongoing analysis of 1,144 myelofibrosis patients treated with <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font> (ruxolitinib) reinforced the established safety profile and showed 69% of patients achieved more than 50% reduction in spleen size from baseline. Patients also experienced a clinically meaningful improvement in myelofibrosis symptom score.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A six-year update from the randomized Phase III ENESTnd study continued to show the superiority of <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font> (nilotinib) compared to <font style="FONT-STYLE: italic; DISPLAY: inline">Glivec</font> (imatinib) at achieving higher rates of early, deep and sustained molecular responses in newly-diagnosed Philadelphia chromosome-positive chronic myeloid leukemia (Ph+ CML) patients.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In December 2014, Alcon initiated a Phase III program to evaluate the efficacy and safety of RTH258 (formerly known as ESBA1008) versus aflibercept in patients with wet age-related macular degeneration (AMD). This program follows positive Phase II study results comparing the safety and efficacy of RTH258 to ranibizumab and aflibercept, respectively.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Phase III BOLERO-1 trial evaluating <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font> (everolimus) in women with HER2+ advanced breast cancer did not meet its primary objective for progression-free survival (PFS).</font></div>

<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Non-statistically significant PFS benefit was reported in the pre-defined HER2+, HR- subgroup supporting continued research of the PI3K/AKT/mTOR pathway.</font></div>

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<div style="MARGIN-LEFT: 36pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Phase III INFORMS study in primary progressive multiple sclerosis (PPMS) did not show a significant difference between fingolimod and placebo on a combination of disability measures. The safety results were consistent with the well-characterized safety profile of fingolimod in relapsing MS.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Growth: Strong commercial execution and global presence continued to drive growth</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In the fourth quarter, key growth drivers &#8211; including Growth Products such as&#160;<font style="FONT-STYLE: italic; DISPLAY: inline">Gilenya</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna, Afinitor</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font>, as well as biosimilars and Emerging Growth Markets &#8211; continued to demonstrate the strength of our portfolio across disease areas and geographies.</font></div>

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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Growth Products contributed 32% of Group net sales in the fourth quarter, and were up 14% (USD) over the 2013 period. In Pharmaceuticals, Growth Products contributed 46% of division net sales in the quarter, and were up 19% (cc) over the previous-year quarter.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Gilenya</font> (USD&#160;666 million, +32% cc), our oral MS therapy, continued to achieve double-digit growth in the quarter as prescribers move towards oral treatments with higher efficacy and away from more traditional injectable therapies.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Ongoing productivity initiatives relate to procurement and resource allocation across the portfolio, as well as R&amp;D, our manufacturing network and supporting infrastructure. Improving productivity and leveraging synergies across divisions will help us support margins.</font></div>

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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis Business Services (NBS) was launched in July and at the end of fourth quarter had over 7,500 associates. Organizational structure is established and the financial systems are in place as of January 2015 making NBS fully operational as a shared services organization. NBS is designed to enhance profitability by harmonizing high-quality services at better price across the Group and Divisions. Synergies generated by the organization are expected to improve margin over time.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis continues to reinforce the culture of quality at all levels of the organization. There were a total of 39 global health authority inspections during the fourth quarter (247 in the full year, of which 210 were at manufacturing sites), 6 of which were conducted by the FDA (38 in the full year). All FDA inspections in the fourth quarter were assessed as good or satisfactory. The outcome of two FDA inspections of manufacturing sites, which were conducted in the third quarter, are still pending. Two inspections in 2014 were assessed as unsatisfactory.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In addition, the FDA lifted a Warning Letter highlighting compliance issues at three Sandoz manufacturing sites at Boucherville in Canada and Broomfield and Wilson in the US last July. A Warning Letter relating to production of the Alcon <font style="FONT-STYLE: italic; DISPLAY: inline">LenSx</font> laser surgery system was also lifted in May 2014. The Unterach inspection was closed in December 2014 with zero observations, and the observations outlined in a May 2013 Warning Letter issued to Unterach were determined to be corrected and verified. These outcomes validate the intense approach and emphasis on driving sustainable solutions.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Retaining a good balance between investment in the business, a strong capital structure and attractive shareholder returns will remain a priority in the future. Strong cash flows and a sound capital structure have allowed Novartis to focus on driving innovation, growth and productivity across its diversified healthcare portfolio, while keeping its double-A credit rating as a reflection of financial strength and discipline.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">During 2014, 51.7 million treasury shares were delivered as a result of options exercised and physical share deliveries related to employee participation programs. 52.2 million shares were repurchased on the SIX Swiss Exchange first trading line and from employees (shares previously granted under the respective programs). In addition, Novartis repurchased 27.0 million shares on the second trading line in 2014 under the announced share buy-back of USD 5.0 billion spread over two years. With these transactions, the total number of shares outstanding was reduced by 27.5 million in 2014.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Also during 2014, Novartis issued four bonds (two bonds in USD and two bonds in EUR) for a total amount of USD 5.5 billion and repaid a USD 2.0 billion bond issued in February 2009 at maturity.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">As of December 31, 2014, the net debt stood at USD 6.5 billion compared to USD 8.8 billion at December 31, 2013. The decrease of USD 2.3 billion was driven by the free cash flow of USD 10.8 billion, the proceeds from options exercised of USD 2.4 billion, net divestment proceeds of USD 2.1 billion and other net cash inflow items of USD 0.7 billion, partially compensated by the cash outflows for the dividend payment of USD 6.8 billion and share repurchases of USD 6.9 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The long-term credit rating for the company continues to be double-A (Moody&#8217;s Aa3; Standard &amp; Poor&#8217;s AA-; Fitch AA).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On July 16, 2014, Novartis announced the divestment of its 43% stake in LTS Lohmann Therapie-Systeme AG. The transaction closed in the fourth quarter and Novartis realized a pre-tax gain of approximately USD 0.4 billion. In addition, on August 5, 2014, Merck &amp; Co. announced that it had acquired Idenix Pharmaceuticals, Inc. As a result, the 22% stake held by Novartis was divested, resulting in a pre-tax gain of approximately USD 0.8 billion. Both of these items were recorded in income from associated companies.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On January 1, 2015, Novartis announced that it completed the divestment of its Animal Health Division to Lilly for approximately USD 5.4 billion. This divestment is part of a set of transactions announced last April to focus Novartis on three leading businesses with innovation power and global scale: innovative pharmaceuticals, eye care and generics.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">As a result of the Animal Health divestment, Novartis will show an exceptional pre-tax gain of approximately USD 4.6 billion in the first quarter of 2015. Apart from this divestment gain, 2015 Consumer Health results will only include the Novartis OTC Division.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis expects the transaction with GSK to be completed in the first half of 2015, and the transaction with CSL to be completed in the second half of 2015, subject to customary closing conditions including regulatory approvals.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Barring unforeseen events</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">This outlook is for continuing operations based on a modeling assumption that the GSK transactions will close on March 31, 2015.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net sales in 2015 are expected to grow mid-single digit (cc), after absorbing the impact of generic competition, which is expected to be as much as USD 2.5 billion compared to USD 2.4 billion in 2014. Group core operating income is expected to grow ahead of sales at a high-single digit rate (cc) in 2015. All these comparisons are versus 2014 continuing operations.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">From a divisional perspective, we expect net sales performance (cc) in 2015 to be as follows:</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">If mid-January exchange rates prevail for the remainder of 2015, the currency impact for the full year vs. 2014 would be -7 percentage points on net sales and -12 percentage points on core operating income from continuing operations. This currency impact results from the significant strengthening of the US dollar against most currencies, especially during the fourth quarter of 2014. Compared to our expectations at the beginning of 2015, the mid-January appreciation of the Swiss franc has worsened the expected currency impact on core operating income by 4 percentage points (included in the -12 percentage points) as Switzerland represents about 13% of our operating expenses. This appreciation has a minor impact on net sales, since Novartis only generates about 2% of its net sales in Swiss francs.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">With respect to core operating income margin as a percentage of sales, we expect an improvement between reported total Group 2014 core margin and 2015 continuing operations core margin despite the currency impact. This is driven by the portfolio transformation transactions, which will focus Novartis on our 3 leading divisions, and by the expected operational core margin expansion in the continuing business due to core operating income growing faster (high-single digit in cc) than sales (mid-single digits growth in cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>Forecast assumption for modeling purposes only. Novartis continues to expect the GSK transactions to be completed in the first half of 2015. Continuing operations will include the results from oncology assets to be acquired from GSK and the results from the 36.5% interest in the GSK/Novartis consumer healthcare OTC joint venture interest (latter, reported as income from associated companies) from the date of closing</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Dividend proposal</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes a dividend payment of CHF 2.60 per share for 2014, up 6% from CHF 2.45 per share in 2013, representing the 18th consecutive dividend increase since the creation of Novartis in December 1996. Shareholders will vote on this proposal at the 2015 Annual General Meeting (AGM) scheduled for February 27, 2015.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Reduction of Share Capital</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes to cancel 29,200,000 shares repurchased on the second trading line under the sixth share repurchase program in the financial years 2013 and 2014 and to reduce the share capital accordingly by CHF 14,600,000, from CHF 1,353,096,500 to CHF 1,338,496,500.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Revision of the Articles of Incorporation</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes to amend the Articles of Incorporation of Novartis AG to fulfill the requirements of both the Swiss Federal Ordinance Against Excessive Compensation in Public Corporations (OAEC) and current best corporate governance and compensation practices. For more information on the proposed amendments, please refer to the brochure &#8220;Report of the Board of Directors on the Revision of the Articles of Incorporation&#8221; (published on our website <font style="TEXT-DECORATION: underline; DISPLAY: inline">www.novartis.com</font>).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes that shareholders approve in two separate binding votes the total maximum amount of compensation for the members of the Board covering the period from the 2015 AGM to the 2016 AGM and the total maximum amount of compensation in respect of 2016 for the members of the Executive Committee. Furthermore, the Board proposes that shareholders endorse in an advisory vote the 2014 Compensation Report.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Re-elections of the Chairman and the Members of the Board, Election to the Board</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes the re-election of Joerg&#160;Reinhardt, Ph.D. (also as Chairman of the Board), Dimitri Azar, M.D., Verena A. Briner, M.D., Srikant Datar, Ph.D., Ann Fudge, Pierre Landolt, Ph.D., Andreas von Planta, Ph.D., Charles L. Sawyers, M.D., Enrico Vanni, Ph.D., and William T. Winters as well as the election of Nancy C. Andrews, M.D., Ph.D., as members of the Board, each until the end of the next Annual General Meeting.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Board proposes the re-election of Srikant Datar, Ph.D., Ann Fudge, and Enrico Vanni, Ph.D., and the election of William T. Winters as members of the Compensation Committee, each until the end of the next Annual General Meeting.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group total</font></div>

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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font></font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 926</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">57 355</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 278</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-49</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-39</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 373</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 736</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 671</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 910</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15.3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 322</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 293</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 616</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 191</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">13 075</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">13 389</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">52 180</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">51 869</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 351</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 333</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11 089</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 983</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">17.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21.3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 229</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 473</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 207</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24.7</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="left" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Pharmaceuticals</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7 860</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8 323</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">31 791</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">32 214</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 611</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8 471</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 376</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 977</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 133</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 514</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 523</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25.6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.9</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 703</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 655</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 827</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 496</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">365</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">112</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">155</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 597</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 232</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">30</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">43</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">895</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">851</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 811</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 694</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33.1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32.1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Sandoz</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 512</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 411</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 562</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 159</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">276</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 088</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 028</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.2</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 541</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15.5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16.4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16.8</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Corporate</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income/loss</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-653</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">90</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">91</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating loss</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">nm = not meaningful</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<hr>
<div>&#160;

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. See page 85 of the CFR.</font></div>
</div>

<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date. See page 22 of the CFR.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div id="PGBRK" style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div style="WIDTH: 100%" align="left">
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</div>

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<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Discontinuing operations</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Despite the required presentation of discontinuing operations, until the GSK and CSL transactions are closed, Novartis remains fully committed to all Group activities. 2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date. See page 22 of the Condensed Financial Report (CFR) for full explanation.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Discontinuing operations<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>

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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font></font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 558</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 537</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 689</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5 816</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5 486</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6 051</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1 179</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-55</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">40</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-353</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">- 312</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">- 73</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-75.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-3.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-6.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-5.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income/loss</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">93</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">143</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">- 16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6.0</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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</div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td align="right" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">503</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">655</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 537</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 422</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 987</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1 084</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-96</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-552</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-477</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-238</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-19.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-0.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-35.9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-33.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-12.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating loss</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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</div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 064</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 034</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 279</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 064</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">48</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">258</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">292</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">470</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">178</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">164</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">196</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">115</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">60</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">92</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">122</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">452</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">298</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">52</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5.8</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Corporate</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-267</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-271</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-13</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating loss</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-220</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-220</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-19</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-58</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-65</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr></table>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">nm = not meaningful</font></div>

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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>The cessation of depreciation and amortization had a positive impact of USD 101 million on operating income and USD 49 million on core operating income in the fourth quarter, and an impact of USD 277 million and USD 134 million on operating income and core operating income respectively in the full year.</font></div>

<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. See page 85 of the CFR.</font></div>

<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>The prior year contained higher depreciation and amortization charges of USD 73 million in operating income and USD 35 million in core operating income in the fourth quarter compared to the current year, and USD 204 million and USD 95 million, respectively, in the full year.</font>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">4 </font>All periods exclude certain intellectual property rights and related other revenues which will be retained by Novartis and are now reported under Corporate activities, with 2013 reported results being restated for this impact. See page 22 of the CFR.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">5</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>The cessation of depreciation and amortization had a positive impact of USD 28 million on operating income and USD 14 million on core operating income in the fourth quarter, and an impact of USD 73 million and USD 39 million on operating income and core operating income respectively in the full year.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">A condensed financial report with the information listed in the index below can be found on our website at <font style="TEXT-DECORATION: underline; DISPLAY: inline">http://hugin.info/134323/R/1889668/668886.pdf</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Novartis Q4 and FY 2014 Condensed Financial Report &#8211; Supplementary Data</font></font></div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">INDEX</font></div>
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<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Page</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">GROUP AND DIVISIONAL OPERATING PERFORMANCE Q4 AND FY 2014</font></div>
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<td valign="top" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Group</font></div>
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<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals</font></div>
</td>
<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Alcon</font></div>
</td>
<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sandoz</font></div>
</td>
<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines</font></div>
</td>
<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18</font></div>
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Consumer Health</font></div>
</td>
<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></div>
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">CASH FLOW AND GROUP BALANCE SHEET</font></div>
</td>
<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">23</font></div>
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">INNOVATION REVIEW</font></div>
</td>
<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">25</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</font></div>
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<td valign="top" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated income statements</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated statements of comprehensive income</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated balance sheets</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated changes in equity</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">37</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated cash flow statements</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">38</font></div>
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</tr><tr>
<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Notes to condensed consolidated financial statements, including update on legal proceedings</font></div>
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<td valign="middle" width="6%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 2px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">40</font></div>
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</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">SUPPLEMENTARY INFORMATION</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">54</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">CORE RESULTS</font></div>
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<td valign="middle" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reconciliation from IFRS results to core results</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">56</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Group</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">58</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Alcon</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">62</font></div>
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</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sandoz</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">64</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Corporate &#8211; continuing operations</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">66</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Discontinuing operations</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">68</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">70</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Consumer Health</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">72</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Corporate -- discontinuing operations</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">74</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">ADDITIONAL INFORMATION</font></div>
</td>
<td valign="middle" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated changes in net debt / Share information</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">76</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Free cash flow</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">77</font></div>
</td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net sales of the top 20 Pharmaceuticals products</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">78</font></div>
</td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals sales by business franchise</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">80</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net sales by region</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">82</font></div>
</td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Currency translation rates / Income from associated companies</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">84</font></div>
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines segment &#8211; 2013 comparative information</font></div>
</td>
<td valign="middle" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">85</font></div>
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<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">DISCLAIMER</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">86</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The foregoing release contains forward-looking statements that can be identified by words such as &#8220;pipeline,&#8221; &#8220;will,&#8221; &#8220;momentum,&#8221; &#8220;recommended,&#8221; &#8220;on track,&#8221; &#8220;ongoing,&#8221; &#8220;outlook,&#8221; &#8220;expected,&#8221; &#8220;confident,&#8221; &#8220;positioned,&#8221; &#8220;pending,&#8221; &#8220;to be acquired,&#8221; &#8220;strategy,&#8221; &#8220;launches,&#8221; &#8220;launched,&#8221; &#8220;launch,&#8221; &#8220;focus,&#8221; &#8220;positive opinions,&#8221; &#8220;could,&#8221; &#8220;initiated,&#8221; &#8220;to evaluate,&#8221; &#8220;moves towards,&#8221; &#8220;designed,&#8221; &#8220;in the future,&#8221; &#8220;expects,&#8221; &#8220;expect,&#8221; &#8220;would,&#8221; &#8220;committed,&#8221; or similar terms, or by express or implied discussions regarding potential new products, potential new indications for existing products, or regarding potential future revenues from any such products; potential shareholder returns or credit ratings; or regarding the potential completion of the announced transactions with GSK and CSL, or regarding potential future sales or earnings of any of the businesses involved in the transactions with GSK, Lilly or CSL, and regarding any potential strategic benefits, synergies or opportunities as a result of these transactions; or regarding potential future sales or earnings of the Novartis Group or any of its divisions; or by discussions of strategy, plans, expectations or intentions. You should not place undue reliance on these statements. Such forward-looking statements are based on the current beliefs and expectations of management regarding future events, and are subject to significant known and unknown risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. There can be no guarantee that any new products will be approved for sale in any market, or that any new indications will be approved for any existing products in any market, or that any approvals which are obtained will be obtained at any particular time, or that any such products will achieve any particular revenue levels. Nor can there be any guarantee that the announced transactions with GSK and CSL will be completed in the expected form or within the expected time frame or at all. Neither can there be any guarantee that Novartis will be able to realize any of the potential strategic benefits, synergies or opportunities as a result of the transactions with GSK, Lilly or CSL. Neither can there be any guarantee that Novartis or any of the businesses involved in the transactions will achieve any particular financial results in the future. Nor can there be any guarantee that shareholders will achieve any particular level of shareholder returns.<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font>Neither can there be any guarantee that the Novartis Group, or any of its divisions, will be commercially successful in the future, or achieve any particular credit rating. In particular, management's expectations could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally, including an unexpected failure to obtain necessary government approvals for the transactions, or unexpected delays in obtaining such approvals; the potential that the strategic benefits, synergies or opportunities expected from the announced transactions, including the divestment of our former Animal Health Division to Lilly, may not be realized or may take longer to realize than expected; the inherent uncertainties involved in predicting shareholder returns or credit ratings; the uncertainties inherent in research and development, including unexpected clinical trial results and additional analysis of existing clinical data; the Company&#8217;s ability to obtain or maintain proprietary intellectual property protection, including the ultimate extent of the impact on the Company of the loss of patent protection and exclusivity on key products which commenced in prior years and will continue this year; unexpected manufacturing or quality issues; global trends toward health care cost containment, including ongoing pricing pressures; uncertainties regarding actual or potential legal proceedings, including, among others, actual or potential product liability litigation, litigation and investigations regarding sales and marketing practices, government investigations and intellectual property disputes; general economic and industry conditions, including uncertainties regarding the effects of the persistently weak economic and financial environment in many countries; uncertainties regarding future global exchange rates, including as a result of recent changes in monetary policy by the Swiss National Bank; uncertainties regarding future demand for our products; uncertainties involved in the development of new healthcare products; uncertainties regarding potential significant breaches of data security or disruptions of the Company&#8217;s information technology systems; and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">All product names appearing in italics are trademarks owned by or licensed to Novartis Group Companies. Neupogen&#174; is a registered trademark of Amgen Inc. Stelara&#174; is a registered trademark of Janssen Biotech, Inc. Jakafi&#174; is a registered trademark of Incyte Corporation.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">About Novartis</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2014, the Group achieved net sales of USD 58.0 billion, while R&amp;D throughout the Group amounted to approximately USD 9.9 billion (USD 9.6 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 130,000 full-time-equivalent associates and sell products in more than 150 countries around the world. For more information, please visit http://www.novartis.com<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis issued its 2014 Annual Report today, and it is available on its website at www.novartis.com. Novartis will also today file its 2014 Annual Report on Form 20-F with the US Securities and Exchange Commission, and will post this document on www.novartis.com. Novartis shareholders may receive a hard copy of either of these documents, each of which contain our complete audited financial statements, free of charge, upon request.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">February 27, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Annual General Meeting</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">April 23, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;First quarter results 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">June 17-18, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Novartis investor event in Boston, US</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">July 21, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Second quarter results 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">October 27, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Third quarter results 2015</font></div>

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<DESCRIPTION>99.2 INTERIM FINANCIAL REPORT
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">http://www.novartis.com</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Novartis Q4 and FY 2014 Condensed Financial Report &#8211; Supplementary Data</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Page</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">GROUP AND DIVISIONAL OPERATING PERFORMANCE Q4 AND FY 2014</font></div>
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<td valign="top" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Group</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals</font></div>
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<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Alcon</font></div>
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<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sandoz</font></div>
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<td valign="top" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Consumer Health</font></div>
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<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">CASH FLOW AND GROUP BALANCE SHEET</font></div>
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<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">23</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">INNOVATION REVIEW</font></div>
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<td valign="top" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">25</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</font></div>
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<td valign="top" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated income statements</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated statements of comprehensive income</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated balance sheets</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated changes in equity</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">37</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">38</font></div>
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<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Notes to condensed consolidated financial statements, including update on legal proceedings</font></div>
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<td valign="middle" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">40</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">SUPPLEMENTARY INFORMATION</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">54</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">CORE RESULTS</font></div>
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<td valign="middle" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reconciliation from IFRS results to core results</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">56</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Group</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">58</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Alcon</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">62</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sandoz</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">64</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Corporate &#8211; continuing operations</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">66</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Discontinuing operations</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">68</font></div>
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<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines</font></div>
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<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">70</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Consumer Health</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">72</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Corporate -- discontinuing operations</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">74</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">ADDITIONAL INFORMATION</font></div>
</td>
<td valign="middle" width="6%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Condensed consolidated changes in net debt / Share information</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">76</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Free cash flow</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">77</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net sales of the top 20 Pharmaceuticals products</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">78</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pharmaceuticals sales by business franchise</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">80</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Net sales by region</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">82</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Currency translation rates / Income from associated companies</font></div>
</td>
<td valign="middle" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">84</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 18pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Vaccines segment &#8211; 2013 comparative information</font></div>
</td>
<td valign="middle" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">85</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="69%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">DISCLAIMER</font></div>
</td>
<td valign="middle" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">86</font></div>
</td>
</tr></table>
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<div style="WIDTH: 100%" align="left">&#160;</div>

<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
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<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">GROUP AND DIVISIONAL OPERATING PERFORMANCE</font></font></div>

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<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td align="left" valign="bottom" width="19%" style="PADDING-BOTTOM: 2px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Key figures</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: center">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: center">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font></font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 2px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font></font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font></font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">3</font></font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15 078</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">57 996</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57 355</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57 920</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Continuing operations operating income</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 266</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 461</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 461</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11 156</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11 636</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11 636</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Corporate income &amp; expense, net</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">85</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 128</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 128</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 67</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 653</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">90</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">91</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 653</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Discontinuing operations operating loss/income</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1 179</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 55</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">40</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 353</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 312</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 13</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 73</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Group operating income</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 278</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 49</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 39</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 373</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10 736</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10 671</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10 910</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">As % of net sales</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">8.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">15.3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">15.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">18.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">18.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">18.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Income from associated companies</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">579</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">154</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">276</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">277</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">154</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 920</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Interest expense</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 188</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 163</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 21</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 163</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 704</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 683</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 683</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other financial income and expense</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 92</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">66</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 92</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Taxes</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 89</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 228</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">61</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">56</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- 264</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1 641</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1 352</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 21</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">- 28</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1 443</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 487</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 999</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">- 26</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">- 16</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 058</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 280</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 144</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">19</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 292</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">EPS (USD)</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0.62</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.81</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">-23</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">-13</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.83</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.70</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">14</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3.76</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Free cash flow</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font></font></div>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 130</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">41</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 319</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 592</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9 945</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="TEXT-DECORATION: underline; FONT-WEIGHT: bold; DISPLAY: inline">Core</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="5%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="5%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 322</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 293</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">1</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">9</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14 616</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14 191</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">As % of net sales</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">22.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">22.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">25.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">24.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">%</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 914</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 892</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">12 755</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12 351</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">EPS (USD)</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1.21</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.18</font></td>
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<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">10</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Following the announcement of the transactions with GlaxoSmithKline plc (GSK) and Eli Lilly and Company (Lilly) on April 22, 2014 (and the subsequent transaction with CSL Limited), in order to comply with International Financial Reporting Standards (IFRS), Novartis separated the Group&#8217;s reported financial data for the current and prior years into &#8220;discontinuing&#8221; and &#8220;continuing&#8221; operations, defined on page 22.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The transaction with Lilly closed on January 1, 2015 with the divestment of Animal Health. Novartis expects the transaction with GSK to be completed in the first half of 2015, and the transaction with CSL Limited (CSL) to be completed in the second half of 2015, subject to customary closing conditions including regulatory approvals. Despite the IFRS required presentation of discontinuing versus continuing operations, until the GSK and CSL transactions are closed, Novartis remains fully committed to all Group activities.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In addition, all growth rates related to Novartis Group and Vaccines Division results contained within this release, unless otherwise noted, refer to 2013 data excluding the blood transfusion diagnostics business, to help illustrate performance on a comparable basis.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. See page 85.</font></div>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font> 2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date.</font></div>

<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font> Constant currencies (cc), core results, free cash flow and 2013 data excluding the blood transfusion diagnostics unit are non-IFRS measures. An explanation of non-IFRS measures and reconciliation tables can be found beginning on page 54.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Fourth quarter</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group net sales</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net sales amounted to USD 14.6 billion (-2%, +4% cc) in the fourth quarter. Growth Products<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font> contributed USD 4.7 billion or 32% of Group net sales, up 14% (USD) over the prior-year quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Corporate income and expense, net</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Corporate income and expense, which includes the cost of Group management and central services, amounted to a net income of USD 85 million in the fourth quarter compared to a net expense of USD 128 million in the prior-year period, mainly due to a USD 248 million gain in the quarter from selling a Novartis Venture Fund investment.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group operating income</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group operating income decreased 49% (-39% cc) to USD 1.2 billion, mainly due to an exceptional pre-tax impairment charge of USD 1.1 billion related to the pending divestment to CSL of the influenza vaccines business. Currency had a negative impact of 10 percentage points, primarily due to the weakening of the euro, yen and ruble against the US dollar. Operating income margin decreased to 8.0% of net sales, down 6.4 percentage points (cc) from the prior-year quarter mainly on account of the exceptional influenza vaccines business impairment charge. Currency had a negative impact of 0.9 percentage points, resulting in a net decrease of 7.3 percentage points. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 101 million for the quarter, improving the operating income margin by 0.7 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The adjustments made to Group operating income to arrive at core operating income increased to USD 2.2 billion (2013: USD 1.0 billion), mainly on account of the exceptional USD 1.1 billion impairment charge for the influenza vaccines business in the fourth quarter of 2014.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Excluding these items, Group core operating income increased 1% (+9% cc) to USD 3.3 billion. Core operating income margin in constant currencies increased 1.1 percentage points mainly due to lower functional costs driven by productivity programs, partly offset by unfavorable other income and expense. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 49 million, improving the core operating income margin by 0.3 percentage points (cc). Currency had a negative impact of 0.5 percentage points, resulting in a net increase of 0.6 percentage points to 22.7% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Income from associated companies</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Income from associated companies amounted to USD 579 million compared to USD 154 million in the fourth quarter of 2013. The increase was mainly due to a gain of USD 421 million recognized on the sale of the shares of LTS Lohmann Therapie-Systeme AG in November 2014. The contribution from the investment in Roche amounted to USD 153 million compared to USD 168 million in the prior-year quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core income from associated companies increased from USD 198 million in the prior-year period to USD 209 million in the fourth quarter of 2014.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Interest expense and other financial income/expense</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Interest expense increased to USD 188 million from USD 163 million in the prior-year period due to recent bond issues. Other financial income and expense amounted to a net income of USD 13 million compared to a net expense of USD 42 million in the 2013 period, mainly due to hedging gains.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Taxes</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The total Group&#8217;s tax rate (taxes as percentage of pre-tax income) in the fourth quarter decreased to 5.6% from 10.2% in the prior-year quarter, mainly due to the USD 1.1 billion impairment charge for the influenza vaccines business, other exceptional items in the quarter and the effect of adjusting to the full-year tax rate which was less than the previously estimated full-year rate.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group&#8217;s core tax rate (taxes as percentage of pre-tax income) increased to 13.2% from 12.0% in the prior-year quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font>&#160;"Growth Products" comprise products launched in 2009 or later, or products with exclusivity until at least 2018 in key markets (EU, US, Japan) (except Sandoz, which includes only products launched in the last 24 months).</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income and EPS</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net income of USD 1.5 billion was down 26% (-16% cc), mainly due to lower operating income, partially offset by higher income from associated companies, which included a USD 0.4 billion pre-tax gain from the divestment of the shareholding in LTS Lohmann Therapie-Systeme AG and lower tax expense.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">EPS was USD 0.62 (-23%, -13% cc), down slightly less than net income due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group core net income of USD 2.9 billion was up 1% (+9% cc), in line with core operating income.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core EPS was USD 1.21 (+3%, +12% cc), growing ahead of core net income mainly due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for the fourth quarter of 2014 and the same period in 2013 including the blood transfusion diagnostics unit, Group total net sales decreased 3% in USD (+3% cc), Group total operating income was down 51% (-42% cc), Group total net income decreased 28% (-18% cc), and Group total EPS decreased 25% (-16% cc), down slightly less than Group total net income due to the lower average number of outstanding shares and lower minority interest. The tax rate in the fourth quarter of 2014 was 5.6%, compared to the prior-year period tax rate including the divested blood transfusion diagnostics unit of 11.4%.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Full year</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group net sales</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net sales increased 1% (+3% cc) to USD 58.0 billion in the full year. Growth Products contributed USD 18.6 billion or 32% of Group net sales, up 18% (USD) over 2013. Loss of exclusivity, including for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan, </font>impacted sales by approximately USD 2.4 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Corporate income and expense, net</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Corporate income and expense amounted to a net expense of USD 67 million in 2014 compared to USD 653 million in the prior year, mainly due to a USD 456 million increase in other revenues principally related to the retained Vaccines intellectual property rights, including a USD 302 million commercial settlement gain and a USD 248 million gain from selling a Novartis Venture Fund investment.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group operating income</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group operating income increased 1% (+7% cc) to USD 10.7 billion. The USD 0.9 billion exceptional gain in the first quarter from the divestment of the blood transfusion diagnostics unit to Grifols S.A. was more than offset by an exceptional pre-tax impairment charge of USD 1.1 billion in the fourth quarter related to the pending divestment to CSL of the influenza vaccines business. The negative currency impact of 6 percentage points was mainly due to the weakening of emerging market currencies (especially the ruble) and the yen against the US dollar. Operating income margin was 18.5% of net sales, up 0.8 percentage points (cc) from the prior-year period. Currency had a negative impact of 0.9 percentage points, resulting in a net decrease of 0.1 percentage points. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 277 million for the full year, improving operating income margin by 0.5 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The adjustments made to Group operating income to arrive at core operating income amounted to USD 3.9 billion (2013: USD 3.5 billion). These adjustments include a USD 0.9 billion pre-tax gain from the divestment of the blood transfusion diagnostics unit and the USD 0.3 billion commercial settlement gain, which were offset by the exceptional USD 1.1 billion impairment charge for the influenza vaccines business.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Excluding these items, Group core operating income increased 3% (+8% cc) to USD 14.6 billion. Core operating income margin in constant currencies increased 1.2 percentage points; currency had a negative currency impact of 0.7 percentage points, resulting in a net increase of 0.5 percentage points to 25.2% of net sales. The cessation of depreciation and amortization charges related to the discontinuing operations had a positive impact of USD 134 million, improving the core operating income margin by 0.2 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Income from associated companies</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Income from associated companies amounted to USD 1.9 billion in 2014, compared to USD 600 million in 2013. The increase was mainly due to the gains recognized on the sale of shares of LTS Lohmann Therapie-Systeme AG and on the sale of the shares of Idenix Pharmaceuticals, Inc., which amounted to USD 421 million and USD 812 million, respectively. An additional income of USD 64 million was recorded on investments in associated companies held by the Novartis Venture Funds, which have been accounted at fair value from January 1, 2014 onwards, consistent with other investments held by these Funds. The contribution from the investment in Roche of USD 599 million was approximately in line with the prior-year level.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core income from associated companies increased to USD 945 million from USD 877 million in the prior-year period.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Interest expense and other financial income/expense</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Interest expense increased slightly to USD 704 million from USD 683 million in the prior year. Other financial income and expense amounted to a net expense of USD 31 million compared to a net expense of USD 92 million in 2013, mainly as a result of hedging gains.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Taxes</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The total Group&#8217;s tax rate in the full year of 2014 increased to 13.8% from 12.9% in 2013, principally due to the impact of taxes on the various exceptional gains and impairments and other exceptional charges which occurred during the year.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The core tax rate increased slightly to 14.0% from 13.9% in 2013.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net income and EPS</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group net income of USD 10.3 billion was up 12% (+19% cc), growing ahead of operating income mainly due to higher income from associated companies, which included a pre-tax gain of USD 0.8 billion from the sale of the shares of Idenix Pharmaceuticals, Inc. to Merck &amp; Co., and a pre-tax gain of USD 0.4 billion from the divestment of the shareholding in LTS Lohmann Therapie-Systeme AG, partly offset by an increase in tax expense.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">EPS was up 14% (+20% cc) to USD 4.21, growing ahead of net income due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Group core net income of USD 12.8 billion was up 3% (+8% cc), in line with core operating income.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core EPS was USD 5.23 (+4%, +10% cc), growing ahead of core net income due to lower average outstanding shares and lower minority interest.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Comparing results for the full year of 2014 and the same period in 2013 including the blood transfusion diagnostics unit, Group total net sales remained stable in USD (0%, +2% cc), Group total operating income was down 2% (+5% cc), Group total net income increased 11% (+17% cc) and Group total EPS grew slightly ahead of net income at 12% (+18% cc) due to lower average outstanding shares and lower minority interest. The tax rate in the full year of 2014 was 13.8%, compared to the prior-year period tax rate including the divested blood transfusion diagnostics unit of 13.4%.</font></div>

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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">CONTINUING OPERATIONS</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Pharmaceuticals</font></font></div>

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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7 860</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8 323</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">31 791</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">32 214</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 611</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8 471</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 376</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26.6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 977</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 133</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 514</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 523</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25.2</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25.6</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.9</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">29.6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Pharmaceuticals net sales were USD 7.9 billion (-6%, 0% cc) with volume growth of 8 percentage points offset by the negative impact of generic competition (-8 percentage points), largely for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> monotherapy and <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge </font>(US generic entry for <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> on September 30, 2014 and for <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge HCT</font> on December 1, 2014). Growth products<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font> generated USD 3.6 billion of division net sales, growing 18% (cc) over the same period last year. These products &#8211; which include <font style="FONT-STYLE: italic; DISPLAY: inline">Gilenya</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Lucentis</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair</font>, the COPD (chronic obstructive pulmonary disease) portfolio<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">3</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font> &#8211; contributed 46% of division net sales, compared to 39% in the 2013 quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Regionally, European sales (USD 2.7 billion, +5% cc) were strong, driven by Growth Products. US sales (USD 2.4 billion, -8% cc) declined due to generic competition for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan </font>monotherapy, <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Myfortic </font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> Ritalin</font>, which more than offset growth for <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec, Gilenya, Afinitor </font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> Tasigna.</font> Japan sales (USD 0.6 billion, -20% cc) decreased, mainly due to a continued decline in <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> sales, a biennial price cut for many brands and the impact of issues related to investigator initiated trials. Emerging Growth Markets (USD 2.2 billion, +13% cc) continued to perform strongly.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Oncology sales grew 10% (cc) to USD 3.1 billion, driven mainly by <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font> (USD 428 million, +30% cc), <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font> (USD 426 million, +24% cc) and <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font> (USD 1.2 billion, +5% cc). In Specialty Care, <font style="FONT-STYLE: italic; DISPLAY: inline">Gilenya</font> (USD 666 million, +32% cc) grew double-digit in the US and most ex-US markets, and <font style="FONT-STYLE: italic; DISPLAY: inline">Lucentis</font> sales (USD 588 million, +1% cc) grew slightly, driven by the uptake in non-AMD indications, offsetting the impact of wet AMD competition. Primary Care strategic franchise performance (USD 0.7 billion, +14% cc) was underpinned by continued strong uptake of the COPD portfolio<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font> (USD 149 million, +94% cc) and <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair</font> (USD 200 million, +25% cc), partly offset by <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font> (USD 295 million, -1% cc), which Novartis stopped distributing in Germany in July.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income of USD 1.6 billion (-20%, -14% cc) declined principally due to exceptional items including net impairments of USD 157 million (primarily related to DEB025, which was terminated as a result of a hepatitis C virus strategy review) and net restructuring charges of USD 207 million (mainly related to a voluntary retirement program in Japan). Prior-year adjustments amounted to USD 120 million, principally due to the amortization of intangible assets of USD 70 million and impairment charges of USD 86 million, partially offset by gains on selling financial assets of USD 125 million.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income was USD 2.0 billion (-7%, 0% cc). Core margin in constant currencies remained in line with the prior year; currency had a negative impact of 0.4 percentage points, resulting in a core margin of 25.2% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">&#160;</font>Continuing operations do not yet include the results from oncology assets to be acquired from GSK on closing of the transaction or the results from the 36.5% interest in the GSK/Novartis consumer healthcare OTC joint venture interest which will be created at the same time.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font>&#160;"Growth products" comprise products launched in 2009 or later, or products with exclusivity until at least 2018 in key markets (EU, US, Japan).</font></div>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font>&#160;The COPD portfolio includes <font style="FONT-STYLE: italic; DISPLAY: inline">Onbrez Breezhaler/Arcapta Neohaler, Seebri Breezhaler</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Ultibro Breezhaler</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin as a percentage of net sales improved by 0.2 percentage points (cc). Core R&amp;D expenses improved by 0.3 percentage points (cc), and core M&amp;S and core G&amp;A expenses remained unchanged, marking another quarter of productivity programs and effective resource allocation. Core Other Income and Expense, net decreased the margin by 0.5 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Pharmaceuticals delivered net sales of USD 31.8 billion (-1%, +1% cc) for the full year, driven by volume growth (+7 percentage points) and pricing (+1 percentage points), offset by the impact of generic competition (-7 percentage points). Growth Products continued to drive performance and rejuvenate the portfolio, generating USD 13.7 billion of division net sales, up 17% (cc) over the previous year.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Europe (USD 11.2 billion, +3% cc) benefited from the performance of growth products, partially offset by generic competition. The US (USD 9.8 billion, -5% cc) was impacted by generic competition for <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Myfortic, Ritalin </font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> TOBI </font>nebulizer solution<font style="FONT-STYLE: italic; DISPLAY: inline">.</font> Japan&#8217;s performance (USD 2.7 billion, -11% cc) was mainly impacted by a continued decline in <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> sales, the biennial price decrease and the impact of issues related to investigator initiated trials. Emerging Growth Markets (USD 8.1 billion, +11% cc) showed double-digit growth, notably in Turkey, Brazil and China.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income was USD 8.5 billion (-10%, -5% cc) for the full year. Included in operating income was USD 576 million of net restructuring charges related to redeployment initiatives and a voluntary retirement program in Japan, USD 266 million of net impairment charges, USD 157 million for the US Healthcare Fee exceptional charge and the USD 125 million charge related to the <font style="FONT-STYLE: italic; DISPLAY: inline">Lucentis</font> investigation in Italy (which nevertheless continues to be vigorously defended), partly offset by exceptional divestment gains of USD 237 million. The full year of 2013 had net adjustments of USD 147 million.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income was USD 9.5 billion (0%, +4% cc), generating core operating leverage in constant currency due to productivity programs and effective resource allocation. Core margin in constant currencies improved by 1.1 percentage points; currency had a negative impact of 0.8 percentage points, resulting in a net margin expansion of 0.3 percentage points to 29.9% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin as a percentage of net sales remained stable from the prior year. Core R&amp;D expenses improved by 0.7 percentage points (cc), reflecting prior-year increased investments in late-stage clinical trials, as well as continued productivity efforts. Core M&amp;S and core G&amp;A expenses improved by 0.8 percentage points (cc), as continuing productivity efforts and funding reduction for non-strategic brands offset additional investments in new product launches. Core Other Income and Expense, net decreased the margin by 0.4 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The information in this release reflects 2014 franchise structure within the Pharmaceuticals Division. As of January 2015, the Pharmaceuticals Division includes the following areas: Oncology, Immunology and Dermatology, Cardio-Metabolic, Retina, Neuroscience, Respiratory, Cell and Gene Therapies, and Established Medicines<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font> The presentation of franchise performance using the new structure will commence with the first quarter 2015 earnings release with comparable 2014 information restated.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">All comments below focus on fourth quarter movements.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">PRIMARY CARE</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 1.65pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 1.65pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Onbrez Breezhaler</font>/<font style="FONT-STYLE: italic; DISPLAY: inline">Arcapta Neohaler</font></font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">56</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">53</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">220</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">192</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">17</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Seebri Breezhaler</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">68</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">88</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">146</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">58</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">152</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">159</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Ultibro Breezhaler</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">nm</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">84</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">77</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">94</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">484</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">256</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">89</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">93</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">295</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">328</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 224</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 200</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">200</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">173</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">777</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">613</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">27</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
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</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">65</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">88</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">281</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">387</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-27</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">40</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total strategic franchise products</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">717</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">683</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 812</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 496</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">13</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Diovan</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">379</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">843</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-55</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-53</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 345</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3 524</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-33</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-32</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Exforge</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">298</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">372</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 396</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 456</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Tekturna/ Rasilez</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">47</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">59</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">207</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-29</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-27</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">274</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">352</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-22</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-16</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 201</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 312</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-8</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Established medicines</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">998</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 626</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-39</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-34</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5 149</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6 582</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-22</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total Primary Care products</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 715</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 309</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-26</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-20</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7 961</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 078</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-10</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">nm = not meaningful</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Onbrez Breezhaler</font>/<font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Arcapta Neohaler</font> (USD 56 million, +15% cc) continued to grow worldwide as a once-daily bronchodilator of airflow obstruction in adult patients with chronic obstructive pulmonary disease (COPD). <font style="FONT-STYLE: italic; DISPLAY: inline">Onbrez</font> <font style="FONT-STYLE: italic; DISPLAY: inline">Breezhaler/Arcapta</font> <font style="FONT-STYLE: italic; DISPLAY: inline">Neohaler </font>(indacaterol)<font style="FONT-STYLE: italic; DISPLAY: inline">,</font> a long-acting beta-2 agonist (LABA) approved in over 100 countries, is delivered via the low-resistance <font style="FONT-STYLE: italic; DISPLAY: inline">Breezhaler/Neohaler</font> inhalation device.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Seebri Breezhaler</font><font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>(USD 42 million, +88% cc), a once-daily inhaled long-acting muscarinic antagonist (LAMA) indicated as a<font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>maintenance bronchodilator treatment to relieve symptoms in adult patients with COPD, showed strong growth in the quarter. Delivered via the <font style="FONT-STYLE: italic; DISPLAY: inline">Breezhaler</font> inhalation device, <font style="FONT-STYLE: italic; DISPLAY: inline">Seebri Breezhaler</font> (glycopyrronium bromide) is approved in over 70 countries across Europe, Japan, Canada, Latin America, Asia, Australia and the Middle East, and a regulatory application has been submitted in the US. Glycopyrronium bromide was exclusively licensed to Novartis in April 2005 by Vectura and its co-development partner Sosei.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Ultibro Breezhaler</font><font style="FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font>(USD 51 million) is a LABA/LAMA approved as a first-in-class once-daily dual bronchodilator in over 50 countries outside the US (including EU and Japan) and launched in over 25 countries (including the UK, Germany, Japan and Canada). <font style="FONT-STYLE: italic; DISPLAY: inline">Ultibro Breezhaler </font>is a fixed-dose combination of indacaterol and glycopyrronium bromide, and in the EU, is indicated as a maintenance bronchodilator treatment to relieve symptoms in adult patients with COPD. A regulatory application has been submitted in the US.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The COPD portfolio, which includes <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Onbrez Breezhaler/Arcapta Neohaler, Seebri Breezhaler </font>and<font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline"> Ultibro Breezhaler,</font><font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>grew 94% (cc) to USD 149 million in the fourth quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font>&#160;Revenue reflects <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair </font>sales for all indications (i.e. <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair </font>SAA and <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair </font>CSU, which are managed by the Integrated Hospital Care franchise).</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Galvus </font><font style="FONT-WEIGHT: bold; DISPLAY: inline">Group</font> (USD 295 million, -1% cc), which includes <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font>, an oral treatment for type 2 diabetes, and <font style="FONT-STYLE: italic; DISPLAY: inline">Eucreas</font>, a single-pill combination of vildagliptin (the active ingredient in <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font>) and metformin, saw sales decline, driven by the distribution stop in the German market on July 1, 2014. Sales for the first six months of 2014 in Germany were USD 57 million. <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font> delivered a solid performance overall, with strong growth in many markets around the world. The focus for <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font> remains on patients whose diabetes is uncontrolled on metformin, as well as on expansion of usage in key segments, such as elderly and renal-impaired patients. <font style="FONT-STYLE: italic; DISPLAY: inline">Galvus</font> Group is currently approved in more than 120 countries.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Xolair </font>(USD 200 million, +25% cc), currently approved in more than 90 countries as a treatment for moderate-to-severe or severe persistent allergic asthma, continued to grow strongly in Canada, Europe and Latin America. <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair</font> is also approved in the EU, Switzerland and 35 other countries as a treatment for chronic spontaneous urticaria (CSU), also known as chronic idiopathic urticaria (CIU), for which it is approved in the US, Canada and Australia. Novartis co-promotes <font style="FONT-STYLE: italic; DISPLAY: inline">Xolair</font> with Genentech/Roche in the US and shares a portion of the operating income, but does not book US sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">TOBI</font><font style="FONT-WEIGHT: bold; DISPLAY: inline"> Group</font> (USD 65 million, -23% cc), which includes <font style="FONT-STYLE: italic; DISPLAY: inline">TOBI</font> nebulizer solution formulation and <font style="FONT-STYLE: italic; DISPLAY: inline">TOBI Podhaler</font>, a dry powder formulation of the antibiotic tobramycin for the management of cystic fibrosis sales, declined&#160;due to generic competition for <font style="FONT-STYLE: italic; DISPLAY: inline">TOBI</font> nebulizer solution formulation. Approved in over 60 countries, <font style="FONT-STYLE: italic; DISPLAY: inline">TOBI Podhaler</font> contributed 65% of total <font style="FONT-STYLE: italic; DISPLAY: inline">TOBI</font> Group sales in the fourth quarter.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Diovan </font><font style="FONT-WEIGHT: bold; DISPLAY: inline">Group</font><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">&#160;</font>(USD 379 million, -53% cc), consisting of <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> monotherapy and the combination product <font style="FONT-STYLE: italic; DISPLAY: inline">Co-Diovan</font>/<font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> <font style="FONT-STYLE: italic; DISPLAY: inline">HCT</font>, saw a continued sales decline worldwide due to generic competition in most markets including the US (following July 7, 2014 Diovan monotherapy generic entry), many EU countries and Japan (generic entry in June 2014), compounded in Japan by the impact of issues related to investigator initiated trials.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Exforge</font><font style="FONT-WEIGHT: bold; DISPLAY: inline"> Group</font> (USD 298 million, -14% cc), which includes <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> <font style="FONT-STYLE: italic; DISPLAY: inline">HCT</font>, declined due to the entry of generic competition in the US for both <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> (generic entry in October 2014) and <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> <font style="FONT-STYLE: italic; DISPLAY: inline">HCT</font> (November 2014). Sales remained stable in the EU and continued to experience double-digit growth in China and a number of emerging markets. <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> is now available in more than 100 countries. <font style="FONT-STYLE: italic; DISPLAY: inline">Exforge</font> <font style="FONT-STYLE: italic; DISPLAY: inline">HCT</font> is available in over 60 countries.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">ONCOLOGY</font></div>

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<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
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</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 237</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 227</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4 746</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4 693</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Tasigna</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">428</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">352</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 529</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 266</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Subtotal Bcr-Abl franchise</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 665</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 579</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6 275</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5 959</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Sandostatin</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">416</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">416</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 650</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 589</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Afinitor/Votubia</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">426</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">361</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 575</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 309</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">22</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Exjade</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">243</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">244</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">926</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">893</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Femara</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">98</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">380</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">384</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Jakavi</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">84</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">47</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">79</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">91</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">279</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">163</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">71</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">72</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Zometa</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">57</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">94</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-39</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-34</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">264</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">600</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-56</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-55</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Proleukin</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-42</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">74</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">91</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-19</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-19</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
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</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">nm</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">nm</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">66</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">249</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">228</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total Oncology products</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 082</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 927</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11 703</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11 216</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr></table>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">nm = not meaningful</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Our Bcr-Abl franchise</font>, consisting of <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font>, reached USD 1.7 billion in sales (+10% cc) in the fourth quarter, driven by growth of both products<font style="FONT-STYLE: italic; DISPLAY: inline">.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec </font>(USD 1.2 billion, +5% cc) experienced modest growth in the fourth quarter, driven mainly by the US. In the US, Novartis Pharmaceuticals Corporation has settled its litigation with a subsidiary of Sun Pharmaceutical Industries Ltd. relating to Novartis patents covering the use of certain polymorphic forms of <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font>, which expire in 2019 (including pediatric exclusivity). The basic compound patent for <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font> expires in the US on July 4, 2015. As a result of the settlement, Novartis will permit Sun&#8217;s subsidiary to market a generic version of <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font> in the US on February 1, 2016.</font></div>

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<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">9</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Tasigna</font> (USD 428 million, +30% cc) double-digit performance in the fourth quarter was driven by strong growth in the US and other markets. <font style="FONT-STYLE: italic; DISPLAY: inline">Tasigna</font> is a more effective, targeted therapy than <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font> for adult patients newly diagnosed with Philadelphia chromosome-positive (Ph+) chronic myeloid leukemia (CML) in the chronic phase or for adult patients in the chronic or accelerated phase who are resistant or intolerant to at least one prior therapy including <font style="FONT-STYLE: italic; DISPLAY: inline">Gleevec/Glivec</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Sandostatin</font> (USD 416 million, +5% cc) continued to benefit from the increasing use of <font style="FONT-STYLE: italic; DISPLAY: inline">Sandostatin </font>LAR<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font> in key markets. <font style="FONT-STYLE: italic; DISPLAY: inline">Sandostatin</font> is a somatostatin analogue used to treat patients with acromegaly as well as neuroendocrine tumors (NET). In NET, it is used for both the treatment of patients with symptoms of carcinoid syndrome and those with advanced NET of the midgut or unknown primary tumor location (currently approved in 47 countries). An enhanced presentation of <font style="FONT-STYLE: italic; DISPLAY: inline">Sandostatin</font> LAR, which includes an improved diluent, safety needle and vial adapter, has been approved in 58 countries, with additional filings underway.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Afinitor/Votubia</font><font style="FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font>(USD 426 million, +24% cc) performance in the fourth quarter was driven by strong growth in the US, Japan and other markets. <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font> is an oral inhibitor of the mTOR pathway approved in combination with exemestane for the treatment of patients with HR+/HER2- advanced breast cancer after failure with a non-steroidal aromatase inhibitor, for advanced renal cell carcinoma following vascular endothelial growth factor-targeted therapy and for the treatment of advanced pancreatic NET. <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font> is also approved for subependymal giant cell astrocytoma (SEGA) and renal angiomyolipoma associated with tuberous sclerosis complex. Everolimus, the active ingredient in <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor/Votubia</font>, is available under the trade names <font style="FONT-STYLE: italic; DISPLAY: inline">Zortress/Certican</font> for use in other non-oncology indications and is exclusively licensed to Abbott and sublicensed to Boston Scientific for use in drug-eluting stents.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Exjade</font> (USD 243 million, +5% cc), a once-daily oral therapy for chronic transfusional iron overload approved in more than 100 countries, is also approved for the treatment of chronic iron overload in patients with non-transfusion-dependent thalassemia in more than 70 countries, with additional regulatory reviews underway. Regulatory applications have been submitted in the US, Canada and Colombia for a new film-coated tablet formulation that can be swallowed. Applications for the new formulation are currently being filed in other countries.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Jakavi </font>(USD 84 million, +91% cc), an oral inhibitor of the JAK 1 and JAK 2 tyrosine kinases, experienced very strong growth in the quarter. It is the first JAK inhibitor indicated for the treatment of disease-related splenomegaly or symptoms in adult patients with primary myelofibrosis (also known as chronic idiopathic myelofibrosis), post-polycythemia vera myelofibrosis or post-essential thrombocythemia myelofibrosis. <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font> (ruxolitinib) is currently approved in more than 65 countries, including EU member states, Japan, Canada, Australia, Mexico and Argentina. Regulatory applications have been submitted in the EU, Switzerland and Japan for <font style="FONT-STYLE: italic; DISPLAY: inline">Jakavi</font> in polycythemia vera. Novartis licensed ruxolitinib from Incyte Corporation for development and commercialization outside the US.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font>&#160;Long acting release</font></div>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Gilenya</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">527</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">26</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 477</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">28</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Exelon/Exelon Patch</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">240</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">250</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Comtan/Stalevo</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">89</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">103</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">371</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">401</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Extavia</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">43</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">37</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">20</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">177</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">159</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">21</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-24</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-24</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">66</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">78</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total strategic franchise products</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 054</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">938</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 100</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Established medicines</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">100</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">444</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total Neuroscience products</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 050</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 509</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

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<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Lucentis</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">588</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">630</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 441</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 383</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">61</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total Ophthalmics products</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">601</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">644</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 504</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 444</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div id="PGBRK" style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">11</font></div>

<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

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<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Integrated Hospital Care</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Neoral/Sandimmun</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">164</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">195</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">684</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">750</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Myfortic</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">131</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">159</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-18</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">543</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">637</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Zortress/Certican</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">85</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">63</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">327</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">249</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">31</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">36</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Ilaris</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">54</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">37</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">54</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">199</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">119</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">67</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">69</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">45</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">43</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">173</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">169</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total strategic franchise products</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">479</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">497</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 926</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 924</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Everolimus stent drug</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">62</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">46</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">205</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">247</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-17</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-18</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Established medicines</font></div>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">224</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">259</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-14</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-9</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">981</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 112</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-12</font></td>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total IHC products</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">765</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">802</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 112</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 283</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-5</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-3</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Xolair</font> is listed in the Primary Care franchise section.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Myfortic </font>(USD 131 million, -10% cc), a transplantation medicine, has experienced a sales decline after the expected launch of generic competition in the US in early 2014. <font style="FONT-STYLE: italic; DISPLAY: inline">Myfortic</font> continued to grow in geographies without generic competition.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Zortress/Certican </font>(USD 85 million, +45% cc), available in more than 90 countries to prevent organ rejection in adult heart and kidney transplant patients, continued to show strong growth in the fourth quarter. It is also approved in over 70 countries for liver transplant patients, in the EU, US, and many other countries worldwide. Everolimus, the active ingredient in <font style="FONT-STYLE: italic; DISPLAY: inline">Zortress</font>/<font style="FONT-STYLE: italic; DISPLAY: inline">Certican</font>, is marketed for other indications under the trade names <font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font>/<font style="FONT-STYLE: italic; DISPLAY: inline">Votubia</font>. Everolimus is exclusively licensed to Abbott and sublicensed to Boston Scientific for use in drug-eluting stents.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Ilaris</font> (USD 54 million, +54% cc) continued to grow as a treatment for adults and children suffering from cryopyrin-associated periodic syndrome, for which it is approved in more than 60 countries. Additionally, <font style="FONT-STYLE: italic; DISPLAY: inline">Ilaris</font> is approved for the treatment of active systemic juvenile idiopathic arthritis in the US, EU and other countries &#8211; an important growth driver for the product. <font style="FONT-STYLE: italic; DISPLAY: inline">Ilaris</font> is also available for the symptomatic treatment of refractory acute gouty arthritis in the EU and is being developed for Hereditary Periodic Fever Syndromes.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 703</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10 827</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">365</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">112</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">155</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 597</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 232</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">30</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">43</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">14.8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">895</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">851</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 811</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 694</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33.1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32.1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">35.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Fourth quarter</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Ophthalmic Pharmaceuticals grew (+4%, +10% cc), driven by double-digit growth (cc) in the glaucoma franchise, <font style="FONT-STYLE: italic; DISPLAY: inline">Systane</font> for dry eye, and <font style="FONT-STYLE: italic; DISPLAY: inline">Ilevro</font>, a non-steroidal anti-inflammatory. Surgical performance (+1%, +7% cc) benefited from strong sales of the <font style="FONT-STYLE: italic; DISPLAY: inline">Centurion</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; FONT-STYLE: italic; DISPLAY: inline">&#160;</font>phacoemulsification cataract platform, with improving growth performance in <font style="FONT-STYLE: italic; DISPLAY: inline">AcrySof</font> intraocular lenses. Vision Care (0%, +4% cc) was driven by strong growth of <font style="FONT-STYLE: italic; DISPLAY: inline">Dailies Total1 and AirOptix </font>Colors<font style="FONT-STYLE: italic; DISPLAY: inline">, </font>offset by a decline in contact lens care solutions resulting from a continued market shift to daily disposable lenses as well as strong competitive pressures in the US.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Regionally, Emerging Growth Markets delivered strong growth (cc), led by China (+26%, +28% cc), Russia (-11%, +30% cc), and India (+12%, +12% cc). Latin America also grew strongly (+9%, +18% cc), driven by double-digit growth (cc) across franchises. North America (+6%, +7% cc) saw strong growth in Ophthalmic Pharmaceuticals and Vision Care with moderate growth in Surgical against a high prior-year comparator. Sales in Europe, the Middle East and Africa (-4%, +4% cc) improved, driven by solid Ophthalmic Pharmaceuticals performance, offset by weaker performance in Vision Care. Japan sales were weaker (-10%, +2% cc) across franchises.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income increased 112% (+155% cc) to USD 365 million, driven by strong operating performance and the ending in 2013 of integration charges related to the acquisition of Alcon. Adjustments to arrive at core operating income for the quarter amounted to USD 530 million, consisting of USD 522 million for the amortization of intangible assets, USD 10 million for restructuring costs including Group-wide rationalization of manufacturing sites, and other net income of USD 2 million. Prior-year adjustments amounted to USD 679 million due to amortization, integration costs, and restructuring charges.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income advanced 5% (+14% cc) to USD 895 million, driven by higher sales and productivity programs. Core operating income margin in constant currencies increased by 2.1 percentage points; currency had a negative impact of 1.1 percentage point,&#160;resulting in a net increase of 1.0 percentage points to 33.1% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; DISPLAY: inline">Core gross margin </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">as a percentage of net sales</font><font style="FONT-SIZE: 10pt; DISPLAY: inline"> increased by 0.9 percentage points (cc), driven by improved product mix. Core R&amp;D expenses decreased by 0.6 percentage points (cc) compared to prior year, driven by continued project prioritization, which offset continued investment in important clinical trials. </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core </font><font style="FONT-SIZE: 10pt; DISPLAY: inline">M&amp;S and core G&amp;A </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">expenses </font><font style="FONT-SIZE: 10pt; DISPLAY: inline">decreased by 0.9 percentage points (cc), despite continued investment in new product launches. Core Other Income and Expense, net increased by 0.3 percentage points (cc).</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Full year</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Alcon net sales grew 3% (+6% cc) to USD 10.8 billion for the full year 2014. Surgical franchise sales advanced 5% (+7% cc), driven by strong sales of equipment, led by the launch of the <font style="FONT-STYLE: italic; DISPLAY: inline">Centurion</font> phacoemulsification cataract platform and<font style="FONT-STYLE: italic; DISPLAY: inline"> Verion</font> image-guided pre-operative diagnostic system, continued growth of the <font style="FONT-STYLE: italic; DISPLAY: inline">LenSx</font> femtosecond laser platform, and growth in cataract and vitreoretinal disposables. Growth in Ophthalmic Pharmaceuticals (+3%, +5% cc) was driven by double-digit growth of <font style="FONT-STYLE: italic; DISPLAY: inline">Systane</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Ilevro</font>, and fixed-dose glaucoma combination products, offset by weak allergy and otic seasons in the US and Japan. Vision Care (+2%, +4% cc) benefited from launches of innovative contact lenses, including <font style="FONT-STYLE: italic; DISPLAY: inline">Dailies Total1 and AirOptix </font>Colors, partially offset by declining contact lens care sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Regionally, Emerging Growth Markets showed strong growth, led by China (+22%, +23% cc), Russia (+6%, +27% cc), India (+8%, +13% cc), and Latin America (+8%, +17% cc). North America (+4%, +4%) grew strongly in Surgical behind a successful <font style="FONT-STYLE: italic; DISPLAY: inline">Centurion</font> launch, offset by weaker growth in Ophthalmic Pharmaceuticals, primarily driven by a market decline in seasonal allergy and otic products. Europe, the Middle East and Africa (+2%, +3% cc) saw moderate Surgical and Ophthalmic Pharmaceuticals performance. Japan sales (-5%, +3% cc) grew moderately in Surgical, partially offsetting weaker growth in Ophthalmic Pharmaceuticals and Vision Care.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income increased 30% (+43% cc) to USD 1.6 billion, driven by strong operating performance as well as the ending in 2013 of integration charges related to the acquisition of Alcon. Adjustments to arrive at core operating income amounted to USD 2.2 billion, consisting of USD 2.1 billion for the amortization of intangible assets and USD 71 million for restructuring costs including Group-wide rationalization of manufacturing sites.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 3% (+8% cc) to USD 3.8 billion. Core operating income margin in constant currencies increased by 0.6 percentage points; currency had a negative impact of 0.6 percentage points,&#160;resulting in a stable core margin of 35.2% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">as a percentage of net sales</font> declined by 0.7 percentage points (cc)<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">,</font><font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font>driven by product mix, which was impacted by the continued rollout of surgical equipment and costs relating to increasing capacity for contact lens launches. Core R&amp;D expenses decreased 0.7 percentage points (cc) compared to prior year, driven by continued project prioritization, which offset continued investment in important clinical trials. <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">Core </font>M&amp;S and core G&amp;A <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">expenses </font>improved 1.0 percentage point (cc), due to continued productivity initiatives. Core Other Income and Expense, net increased by 0.4 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -18pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">158</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">161</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">615</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">592</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Refractive/Other</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">72</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">70</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">284</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 066</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 057</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 073</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3 897</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Global Surgical sales increased 1% (+7% cc) to USD 1.1 billion in the fourth quarter, driven by strong equipment sales, including <font style="FONT-STYLE: italic; DISPLAY: inline">Centurion </font>and <font style="FONT-STYLE: italic; DISPLAY: inline">Verion</font>, as well as cataract and vitreoretinal disposables. While the cataract procedure market continued to expand strongly in Emerging Growth Markets, the US market experienced only moderate growth. Sales of advanced technology IOLs improved (-2%, +3% cc).</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Ophthalmic Pharmaceuticals</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -18pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Glaucoma</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">331</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">315</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">13</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 319</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 265</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Allergy/Otic/Nasal</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">178</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">173</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">887</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">939</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Infection/Inflammation</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">279</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">263</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 066</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 019</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Dry Eye/Tears</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">155</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">142</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">608</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">558</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">12</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Other</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">81</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">90</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">331</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">327</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 024</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">983</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 211</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 108</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Global sales in Ophthalmic Pharmaceuticals grew 4% (+10% cc) to USD 1.0 billion in the fourth quarter. Glaucoma sales grew double-digit, driven by strong sales of fixed-dose combination products globally, including <font style="FONT-STYLE: italic; DISPLAY: inline">DuoTrav</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Azarga</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Simbrinza</font>.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Otic and allergy sales, including <font style="FONT-STYLE: italic; DISPLAY: inline">Ciprodex </font>and <font style="FONT-STYLE: italic; DISPLAY: inline">Pataday/Patanol</font> products, grew moderately despite the impact of generic competitive entries to <font style="FONT-STYLE: italic; DISPLAY: inline">Patanase </font>in the US. Within the Infection/Inflammation segment, sales growth was driven by <font style="FONT-STYLE: italic; DISPLAY: inline">Ilevro </font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> Durezol</font>, and other products which benefited from a low prior-year comparator. Alcon continued to experience strong growth momentum in Dry Eye, led by the <font style="FONT-STYLE: italic; DISPLAY: inline">Systane</font> eye drops and ointments product family (+19%, +25% cc), from increased channel distribution and new product launches.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Vision Care</font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -18pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Contact lenses</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">455</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">436</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 897</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 793</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Contact lens care</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">158</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">179</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">646</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">698</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">613</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">615</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">0</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 543</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 491</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Vision Care global product sales were stable (0%, +4% cc) at USD 613 million in the fourth quarter, benefiting from strong contact lens performance (+4%, +10% cc) with the continued rollout of <font style="FONT-STYLE: italic; DISPLAY: inline">Dailies Total1,</font> <font style="FONT-STYLE: italic; DISPLAY: inline">AirOptix </font>Colors<font style="FONT-STYLE: italic; DISPLAY: inline">, Dailies AquaComfort Plus </font>(<font style="FONT-STYLE: italic; DISPLAY: inline">DACP</font>)<font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>Toric<font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> DACP </font>Multifocal. Sales of contact lens solutions (-12%, -7% cc) declined, driven by the market shift to daily disposable lenses as well as competitive pressures in the US.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div id="PGBRK" style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div style="WIDTH: 100%; TEXT-ALIGN: center">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">15</font></div>
</div>

<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
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<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Sandoz</font></font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="18%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 512</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 411</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 562</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 159</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">276</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 088</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 028</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">14</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 541</font></td>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Fourth quarter</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Sandoz net sales increased 4% (+11% cc) to USD 2.5 billion in the fourth quarter, as volume growth of 20 percentage points more than compensated for 9 percentage points of price erosion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">US sales of retail generics and biosimilars delivered strong growth (+24% cc), driven by recent successful launches, partly offset by higher price erosion. Germany grew (+5% cc) in a declining market, while Western Europe (excluding Germany) grew 4% (cc). Japan continued to show double-digit growth (+14% cc). In emerging markets, Asia (excluding Japan, +18% cc) and Latin America (+17% cc) grew strongly, while Central and Eastern Europe increased sales by 6% (cc) in the quarter.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Sandoz continued to strengthen its leading global position in biosimilars (USD 132 million, +18% cc), with double-digit sales growth driven by strong momentum in its three in-market products &#8211; <font style="FONT-STYLE: italic; DISPLAY: inline">Omnitrope</font> (human growth hormone), <font style="FONT-STYLE: italic; DISPLAY: inline">Binocrit</font> (epoetin alfa), and <font style="FONT-STYLE: italic; DISPLAY: inline">Zarzio</font> (filgrastim) &#8211; each of which is the leading biosimilar in its respective market segment<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Sandoz operating income increased 5% (+16% cc) to USD 290 million. Adjustments to arrive at core operating income for the quarter amounted to a net expense of USD 126 million, including amortization of intangible assets of USD 96 million and impairment charges of USD 18 million.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 12% (+21% cc) to USD 416 million. Core operating income margin in constant currencies increased 1.4 percentage points; currency had a negative impact of 0.3 percentage points, resulting in a net increase of 1.1 percentage points to 16.6% of net sales<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin as a percentage of net sales increased by 0.9 percentage points (cc), driven by product mix and ongoing productivity improvements, partially offset by continued price erosion. Core R&amp;D expenses decreased by 0.1 percentage points (cc) as higher sales offset additional investments in biosimilar clinical trials. Core <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">M&amp;S and core G&amp;A </font>expenses improved by 1.1 percentage points (cc), despite ongoing investments into biosimilars. Core Other Income and Expense, <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">net decreased the margin by 0.7 percentage points (cc), largely due to favorable exceptional items in the prior-year quarter.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Full year</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Net sales increased by 4% (+7% cc) to USD 9.6 billion, as volume growth of 15 percentage points more than offset 8 percentage points of price erosion. Performance was driven by strong retail generics and biosimilars sales growth (including the <font style="FONT-STYLE: italic; DISPLAY: inline">Diovan</font> monotherapy authorized generic launch) in Asia (excluding Japan) (+15% cc), the US (+14% cc), Latin America (+10% cc) and Canada</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">(+9% cc). Central and Eastern Europe (+5% cc) and Western Europe (excluding Germany) (+4% cc) showed solid growth, while German sales were stable (0% cc). Biosimilars grew 23% (cc) to reach USD 514 million globally in 2014.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income increased by 6% (+14% cc) to USD 1.1 billion, benefiting from strong operating performance and unrepeated prior-year legal settlements. Adjustments to arrive at core operating income amounted to a net expense of USD 483 million, mainly due to USD 400 million for the amortization of intangible assets and USD 47 million of impairment charges.</font></div>

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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">16</font></div>
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<div id="HDR">
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income was up 2% (+7% cc) to USD 1.6 billion. Core operating income margin in constant currencies increased by 0.1 percentage points, despite high price erosion; currency had a negative impact of 0.5 percentage points, resulting in a net decrease of 0.4 percentage points to 16.4% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">as a percentage of net sales</font> decreased 0.2 percentage points (cc), as high price erosion was only partially compensated by favorable sales mix and productivity programs. Core R&amp;D expenses improved by 0.1 percentage points (cc), and <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">Core </font>M&amp;S and core G&amp;A <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">expenses </font>improved by 0.3 percentage points (cc), driving operating leverage as sales continued to grow. Core Other Income and Expense, net decreased the margin by 0.1 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Sandoz franchises</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Sandoz continued to strengthen its global leadership position in differentiated generics,<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font> including medicines that are difficult to develop and manufacture. Differentiated generics accounted for 45% of Sandoz sales in 2014.</font></div>

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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="8%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Retail Generics</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 065</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2 016</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7 933</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7 663</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Biopharmaceuticals &amp; Oncology Injectables</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">305</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">246</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">24</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">32</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 094</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">888</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">23</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">25</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Anti-Infectives</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">142</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">149</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-5</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">535</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">608</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-12</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 2px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Total</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 512</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">2 411</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 562</font></td>
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<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">9 159</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 2px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">7</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 2px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr></table>
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<div>&#160;

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> Sandoz differentiated products are comprised of biosimilars and generic injectables, ophthalmics, dermatologics, and respiratory, as well as difficult-to-make oral solids (such as tacrolimus).</font></div>
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<div><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div id="PGBRK" style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div style="WIDTH: 100%; TEXT-ALIGN: center">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">17</font></div>
</div>

<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
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<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="TEXT-DECORATION: underline; FONT-WEIGHT: bold; DISPLAY: inline">DISCONTINUING OPERATIONS</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="TEXT-DECORATION: underline; FONT-WEIGHT: bold; DISPLAY: inline">Vaccines</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font></font></div>

<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td valign="bottom" width="19%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">3</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="10" valign="bottom" width="22%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">excl. Diagnostics<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font></font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="2" valign="bottom" width="6%" style="PADDING-BOTTOM: 1px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Reported</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr>
<td valign="bottom" width="19%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Q4 2014</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td colspan="6" valign="bottom" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">FY 2014</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">% change</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FY 2013</font></div>
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<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="right" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cc</font></div>
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<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">494</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">503</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">655</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 537</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 422</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">10</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 987</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>
</td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-1 084</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-96</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 54pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -54pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 54pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -54pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-552</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-477</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-16</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-15</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-238</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
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<td valign="bottom" width="1%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-219.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-19.1</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-0.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-35.9</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-33.5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-12.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="19%" style="TEXT-ALIGN: left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating loss</font></div>
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<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-52</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 54pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -54pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" colspan="2" valign="bottom" width="6%">
<div style="MARGIN-LEFT: 54pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -54pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">nm</font></div>
</td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-290</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">-302</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-1.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-10.3</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-18.9</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-21.2</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="5%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="PADDING-BOTTOM: 1px; TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">All periods exclude certain intellectual property rights and related other revenues which will be retained by Novartis and are now reported under Corporate activities, with 2013 results restated for this impact. All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. 2014 results exclude depreciation and amortization related to discontinuing operations from the portfolio transformation announcement date.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Fourth quarter</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Net sales were USD 494 million (-2%, +4% cc) for the fourth quarter compared to USD 503 million in the prior-year period. Solid demand across the product portfolio was driven by the Meningitis franchise, which benefited from sales of recently launched <font style="FONT-STYLE: italic; DISPLAY: inline">Bexsero</font>. This was offset by an earlier US influenza season and lower sales to the US Department of Health and Human Services.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating loss was USD 1.1 billion for the fourth quarter compared to a loss of USD 96 million in the prior-year period, driven by an exceptional pre-tax impairment charge of USD 1.1 billion related to the pending divestment to CSL of the influenza vaccines business. Due to the cessation of depreciation and amortization charges from the portfolio transformation announcement date, the prior year contained approximately USD 73 million of higher depreciation and amortization charges in the quarter compared to the current year, comprised of USD 35 million for depreciation and USD 38 million for amortization.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Adjustments to arrive at core operating loss amounted to USD 1.1 billion compared to adjustments of USD 44 million in the prior-year period, driven by the USD 1.1 billion impairment charge for the influenza vaccines business.</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating loss for the fourth quarter was USD 6 million compared to a loss of USD 52 million for the prior-year period. The improvement in core operating loss was mainly due to a higher margin product mix and the cessation of depreciation of USD 35 million, partially offset by increased operating costs of the Holly Springs facility in the US and enrollment in two large Phase III quadrivalent influenza vaccine studies.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> Despite the IFRS required presentation of discontinuing versus continuing operations, until the transactions with GSK and CSL are closed, Novartis remains fully committed to all Group activities.</font></div>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">2</font>&#160;All periods exclude certain intellectual property rights and related other revenues which will be retained by Novartis and are now reported under Corporate activities, with 2013 reported results being restated for this impact.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">3</font> All comparisons to prior year are based on 2013 data excluding the blood transfusion diagnostics unit. See page 85.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Full year</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Net sales increased 8% (+10% cc) to USD 1.5 billion for the year compared to USD 1.4 billion in 2013, driven by solid demand across the product portfolio, particularly in the Meningitis franchise (USD 454 million, +41% cc) due to <font style="FONT-STYLE: italic; DISPLAY: inline">Menveo</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Menjugate</font> and the recently launched <font style="FONT-STYLE: italic; DISPLAY: inline">Bexsero</font>. In the Travel and Pediatric franchise, sales grew 11% (cc) to USD 607 million, driven by tick-borne encephalitis vaccine and <font style="FONT-STYLE: italic; DISPLAY: inline">Ixiaro</font> sales. Influenza vaccine sales amounted to USD 476 million (-8% cc) as lower pre-pandemic sales, driven by the US Department of Health and Human Services, were partially offset by strong seasonal influenza sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating loss</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating loss was USD 552 million for 2014 compared to a loss of USD 477 million in 2013. The increase in operating loss was driven by the exceptional USD 1.1 billion impairment charge for the influenza vaccines business, mostly offset by the USD 876 million exceptional gain from the divestment of the blood transfusion diagnostics unit to Grifols S.A. Due to the cessation of depreciation and amortization charges from the portfolio transformation announcement date, the prior year contained approximately USD 204 million of higher depreciation and amortization charges compared to the current year, comprised of USD 95 million for depreciation and USD 109 million for amortization.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Adjustments to arrive at core operating loss amounted to USD 262 million, driven by the USD 1.1 billion impairment of the influenza vaccines business, mostly offset by the USD 876 million exceptional divestment gain. Prior-year adjustments amounted to USD 175 million, mainly due to amortization.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating loss was USD 290 million in 2014 compared to a loss of USD 302 million in the prior year. The improvement in core operating loss was due to increased sales and the cessation of depreciation of USD 95 million, partially offset by operating costs of the Holly Springs facility and enrollment in two large Phase III quadrivalent influenza vaccine studies.</font></div>

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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">19</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 2.9pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD m</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">USD</font></div>
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<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">1 034</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">3</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">11</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 279</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">4 064</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">5</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">8</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">172</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">48</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">258</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">292</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">470</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">178</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">164</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">196</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">16.2</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4<font style="FONT-FAMILY: times new roman; DISPLAY: inline">.</font>6</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">11.0</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4.4</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="19%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Core operating income</font></div>
</td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">115</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">60</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">92</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">122</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">452</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">298</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">52</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
<td valign="bottom" width="7%" style="TEXT-ALIGN: right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">72</font></td>
<td nowrap valign="bottom" width="1%" style="TEXT-ALIGN: left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="bottom" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;&#160;As % of net sales</font></div>
</td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
<td align="right" valign="bottom" width="1%" style="PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160;</font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Consumer Health, which comprises OTC and Animal Health, saw net sales increase 3% (+11% cc) to USD 1.1 billion in the fourth quarter, driven by strong OTC momentum.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">OTC delivered double-digit sales growth (+14% cc) in the quarter. The Cough Cold portfolio grew double-digit (cc), mainly due to the recent US re-launch of <font style="FONT-STYLE: italic; DISPLAY: inline">Theraflu</font>&#160;and <font style="FONT-STYLE: italic; DISPLAY: inline">Otrivin</font> in Russia. <font style="FONT-STYLE: italic; DISPLAY: inline">Voltaren</font> (+20% cc), the seventh-largest global over-the-counter brand, continued to deliver broad-based, double-digit growth. North America delivered robust double-digit growth driven by the US re-launch of <font style="FONT-STYLE: italic; DISPLAY: inline">Theraflu </font>and the <font style="FONT-STYLE: italic; DISPLAY: inline">Excedrin</font> portfolio, including the recently launched <font style="FONT-STYLE: italic; DISPLAY: inline">Mild Headache. </font>Emerging Growth Markets continued to grow double-digit (cc), led by Russia, China and Brazil.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Animal Health delivered single-digit sales growth (+3% cc) in the quarter, with North America showing a slight decline against a strong prior-year comparator. <font style="FONT-STYLE: italic; DISPLAY: inline">Sentinel</font>, a companion animal parasiticide product, which was re-launched in North America last year, continued to gain market share. In Europe, the business declined slightly (cc) from the previous-year quarter, while both Asia Pacific and Latin America delivered strong, double-digit sales growth (cc). Key products such as <font style="FONT-STYLE: italic; DISPLAY: inline">Onsior </font>in the companion animal category and&#160;<font style="FONT-STYLE: italic; DISPLAY: inline">Denagard</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Agita</font>&#160;in the farm animal category grew double-digit in the quarter. Emerging Growth Markets were led by double-digit growth (cc) in Russia, Thailand, Vietnam, Brazil and China.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income amounted to USD 172 million compared to USD 48 million in the prior-year quarter, driven by higher gross margin from sales, strong operating leverage and income from a divestment in the US. The cessation of depreciation and amortization charges from the portfolio transformation announcement date had a positive impact of USD 28 million for the quarter, comprised of USD 13 million for depreciation and USD 15 million for amortization. Adjustments to arrive at core operating income for the quarter amounted to USD 57 million, due to income from a divestment partially offset by integration costs and restructuring expenses. Prior-year adjustments amounted to USD 12 million, consisting mainly of the amortization of intangible assets.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 92% (+122% cc) to USD 115 million. Core operating income margin in constant currencies increased by 5.9 percentage points; currency had a negative impact of 0.9 percentage points, resulting in a net increase of 5.0 percentage points to 10.8% of net sales.</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font><br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core gross margin as a percentage of net sales increased by 0.3 percentage points (cc), largely due to the cessation of depreciation charges. Core R&amp;D expenses decreased by 1.0 percentage point (cc). Core M&amp;S expenses decreased by 4.7 percentage points (cc) due to operating leverage as sales continued to grow and due to good cost management. Core G&amp;A expenses decreased by 1.5 percentage points (cc). Core Other Income and Expense, net had a negative margin effect of 1.6 percentage points (cc).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Full year</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">On January 1, 2015, Novartis completed the divestment of its Animal Health division to Eli Lilly and Company (Lilly) for approximately USD 5.4 billion. This will realize a pre-tax gain of approximately USD 4.6 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Net sales</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Consumer Health net sales increased 5% (+8% cc) to USD 4.3 billion in 2014, driven by strong performance of key global brands and product re-launches in OTC and Animal Health.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">OTC sales reached USD 3.1 billion, up 9% (cc) over the previous year, driven by strong growth of all strategic brands, including <font style="FONT-STYLE: italic; DISPLAY: inline">Theraflu, Voltaren, Excedrin </font>and<font style="FONT-STYLE: italic; DISPLAY: inline"> Otrivin.</font><font style="FONT-STYLE: italic; DISPLAY: inline">Voltaren </font>(+22% cc)<font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>delivered strong double-digit sales growth following successful launches of the 12-hour formulation and continued solid commercial execution in key markets. <font style="FONT-STYLE: italic; DISPLAY: inline">Theraflu</font> delivered double-digit growth (cc) supported by the US re-launch, despite the weaker cough and cold season early in 2014. North America achieved double-digit growth due to a strong performance of <font style="FONT-STYLE: italic; DISPLAY: inline">Voltaren</font> in Canada, as well as the US re-launch of <font style="FONT-STYLE: italic; DISPLAY: inline">Theraflu</font>. Europe grew significantly ahead of the market, driven by Germany and Southern Europe. Emerging Growth Markets delivered double-digit growth (cc), led by China and Brazil, with robust growth in Russia.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Animal Health sales reached USD 1.2 billion, up 5% (cc) over the previous year, with high single-digit growth in North America, driven by continued growth momentum in <font style="FONT-STYLE: italic; DISPLAY: inline">Sentinel</font> since its re-launch in April 2013. Europe grew mid-single digit (cc), led by strong performance of <font style="FONT-STYLE: italic; DISPLAY: inline">Milbemax</font>, the number one de-wormer for cats and dogs. Asia and Latin America also delivered single-digit growth (cc) over the previous year. Key products such as <font style="FONT-STYLE: italic; DISPLAY: inline">Deramaxx</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Onsior</font> in the companion animal category, as well as <font style="FONT-STYLE: italic; DISPLAY: inline">Clik</font>, <font style="FONT-STYLE: italic; DISPLAY: inline">Zolvix</font> and <font style="FONT-STYLE: italic; DISPLAY: inline">Agita</font> in the farm animal category, delivered strong double-digit growth (cc) compared to 2013. Growth in Emerging Growth Markets was led by Russia, China, Thailand and Brazil.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Operating income</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Operating income amounted to USD 470 million compared to USD 178 million in the prior-year period, driven by higher gross margin from incremental sales and lower Lincoln plant remediation and restructuring expenses. The impact of cessation of depreciation and amortization charges from the portfolio transformation announcement date had a positive impact of USD 73 million in the year, comprised of USD 34 million for depreciation and USD 39 million for amortization. Adjustments to arrive at core operating income amounted to USD 18 million, consisting mainly of income from a divestment in the US, amortization of intangible assets, integration costs and restructuring expenses. Prior-year adjustments amounted to USD 120 million, consisting mainly of Lincoln-related impairments and restructuring expenses as well as amortization of intangibles.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Core operating income increased 52% (+72% cc) to USD 452 million. Core operating income margin in constant currencies increased by 4.3 percentage points. Currency had a negative impact of 1.0 percentage point, largely driven by erosion of emerging markets currencies, resulting in a net increase of 3.3 percentage points to 10.6% of net sales.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Product mix, lower current-year costs at the Lincoln manufacturing facility and the cessation of depreciation charges generated a core gross margin increase of 1.8 percentage points (cc). Core R&amp;D expenses decreased by 0.4 percentage points (cc). Core M&amp;S expenses decreased by 3.1 percentage points (cc) driving operating leverage as sales continued to grow. Core G&amp;A expenses decreased by 0.6 percentage points (cc). Core Other Income and Expense, net had a negative margin effect of 1.6 percentage points (cc), largely driven by income from divestments of smaller non-core brands in the prior year.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="TEXT-DECORATION: underline; DISPLAY: inline">Consolidated financial statements reflecting the portfolio transformation</font></font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Following the announcement of the transactions with GlaxoSmithKline plc (GSK) and Eli Lilly and Company (Lilly) on April 22, 2014 (and the subsequent transaction with CSL Limited), in order to comply with International Financial Reporting Standards (IFRS), Novartis has separated the Group&#8217;s reported financial data for the current and prior years into &#8220;discontinuing&#8221; and &#8220;continuing&#8221; operations.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-WEIGHT: bold; DISPLAY: inline">Discontinuing operations</font> include the Animal Health Division, the OTC Division, and all of the Vaccines Division except for certain intellectual property rights and related other revenues which will be retained by Novartis and are now reported under Corporate activities. Also included under Corporate are certain transaction-related expenses.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Discontinuing operations also include the gain on the divestment of the blood transfusion diagnostics unit, completed on January 9, 2014, and related prior-year results for this activity. Due to this divestment, the 2013 Novartis Group and Vaccines divisional data contained within this release excludes the results of the blood transfusion diagnostics unit, to help illustrate performance on a comparable basis.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">As required by IFRS, 2014 results exclude from the announcement date any further depreciation and amortization related to discontinuing operations.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The transaction with Lilly closed on January 1, 2015 with the divestment of Animal Health. Novartis expects the transaction with GSK to be completed in the first half of 2015, and the transaction with CSL Limited (CSL) to be completed in the second half of 2015, subject to customary closing conditions including regulatory approvals. Despite the IFRS required presentation of discontinuing versus continuing operations, until the GSK and CSL transactions are closed, Novartis remains fully committed to all Group activities.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Continuing operations do not yet include the results from oncology net assets to be acquired from GSK on closing of the transaction or the results from the 36.5% interest in the GSK/Novartis consumer healthcare joint venture that will be created at the same time.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Details of the split of the Group&#8217;s consolidated income statement into discontinuing and continuing operations for all quarters of 2013 and for the first quarter of 2014 can be found on our website at <font style="DISPLAY: inline">http://www.novartis.com/downloads/investors/financial-results/quarterly-results/q2-2014-required-changes.pdf</font>.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Cash flow from Group total operating activities in the fourth quarter amounted to USD 5.2 billion compared to USD 4.5 billion in the prior-year period. The increase was due to higher hedging gains and lower net working capital as well as lower payments out of provisions. Of the Group total, continuing operations contributed USD 4.7 billion compared to USD 4.0 billion in the prior-year period.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The cash outflows for Group total investing activities in the fourth quarter amounted to USD 0.9 billion compared to USD 2.7 billion in the prior-year period. The investing cash outflows from continuing operations amounted to USD 0.8 billion, compared to an outflow of USD 2.6 billion in 2013. In the current year, there was an inflow from the final installment on the sale of the investment in LTS Lohmann Therapie-Systeme AG of USD 0.3 billion, while the prior year included an outflow for investments in marketable securities of USD 1.5 billion. Investments in property, plant and equipment of USD 0.8 billion were lower by USD 0.2 billion and investments in intangible, financial and other non-current assets remained consistent with the prior-year level. The current year outflow for the acquisition of WaveTech of USD 0.4 billion was offset by the inflows from the sale of property, plant and equipment, intangible, financial and other non-current assets.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group total cash flow used in financing activities in the fourth quarter amounted to USD 0.7 billion compared to USD 1.5 billion in the prior-year period. The current year includes a cash outflow for treasury share transactions of USD 1.9 billion which was partially offset by the net proceeds of USD 1.2 billion from the issue of new EUR bonds and repayment of other financial debt. The prior-year period included an outflow for treasury shares of USD 0.7 billion and for the net repayment of current debt of USD 0.8 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Free cash flow for the fourth quarter was USD 4.4 billion, an increase of 41% or USD 1.3 billion compared to the year-ago period. This was primarily due to higher cash flows from operating activities which mainly benefited from higher hedging gains and lower net working capital. Also contributing were higher proceeds from Novartis Venture Fund divestments and lower investment in property, plant and equipment.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Full year</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Cash flow from Group total operating activities increased to USD 13.9 billion from USD 13.2 billion in 2013, an increase of USD 0.7 billion. This was primarily due to higher operating income <font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">adjusted for non-cash items,</font> despite negative currency effects, and increased hedging gains, partially offset by payments for legal settlements and restructuring.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group&#8217;s total investing activities resulted in an inflow of USD 0.9 billion compared to an outflow of USD 3.4 billion in 2013 mainly on account of an inflow from the net proceeds of USD 1.1 billion related to the divestment of the blood transfusion diagnostics unit to Grifols S.A.. In 2014, there were also proceeds from the sale of investments in associated companies included, in particular LTS Lohmann Therapie-Systeme AG and Idenix Pharmaceuticals, Inc. of USD 0.6 billion and USD 0.8 billion respectively and of USD 1.9 billion from the net sale of other marketable securities including maturing long-term deposits. These inflows were offset by outflows of USD 2.6 billion for property, plant and equipment and a net amount of USD 0.7 billion for acquisition of businesses mainly the acquisition of WaveTec (USD 0.4 billion) and other non-current assets, primarily intangible assets. The prior year outflow for investing activities of USD 3.4 billion was primarily related to investments in property, plant and equipment of USD 2.9 billion and a net outflow of USD 0.5 billion for the acquisition of businesses and other non-current assets, mainly intangible assets.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group total cash flows used in financing activities amounted to USD 8.1 billion compared to USD 8.8 billion in 2013. The current year includes the dividend payment of USD 6.8 billion, net treasury share transactions of USD 4.5 billion and a net increase in financial debt of USD 3.3 billion, principally due to the issuance of four bonds totaling USD 5.5 billion reduced by the repayment at maturity of a bond of USD 2.0 billion. In 2013, the dividend payment amounted to USD 6.1 billion, net treasury share transactions were USD 1.2 billion and financial debt decreased by a net amount of USD 1.3 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">There has been a significant reclassification of assets as a result of the portfolio transformation announced on April 22, 2014. Total non-current assets of USD 87.8 billion at December 31, 2014 decreased by USD 7.9 billion as compared to 2013, mainly as a result of the assets transferred to discontinuing operations. Total current assets increased by USD 7.0 billion to USD 37.6 billion at December 31, 2014, also mainly due to the reclassification mentioned above and an increase in cash and marketable securities.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Excluding the effect of the reclassifications, total non-current assets decreased by USD 3.7 billion to USD 92.1 billion at December 31, 2014. The reduction of USD 3.3 billion in intangible assets and goodwill was driven by the amortization and impairment charges of USD 3.5 billion.&#160;Property, plant and equipment reduced by USD 0.8 billion.&#160;This was partially offset by an increase in financial and other non-current assets of USD 0.4 billion. Excluding the effect of reclassifications,&#160;&#160;trade receivables and other current assets decreased by USD 0.5 billion respectively while inventory remained stable at USD 7.3 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group has an equivalent of approximately USD 0.4 billion of cash in Venezuela in local currency, which is only slowly being approved for remittance outside of the country. As a result, the Group is exposed to a potential devaluation loss in the income statement on its total intercompany balances with its subsidiaries in Venezuela, which at December 31, 2014 amounted to USD 0.4 billion. The Group continues to use for the consolidation of the financial statements of its Venezuelan subsidiaries the official exchange rate of VEF 6.3/USD, which is applied for health and food imports as published by the Centro Nacional de Comercio Exterior (CENCOEX, formerly CADIVI).</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Financial debt</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Total financial debt, including derivatives, amounted to USD 20.4 billion at December 31, 2014 compared to USD 18.0 billion at December 31, 2013. Long-term debt increased by USD 2.6 billion to USD 13.8 billion at December 31, 2014, due to the issuance of four bonds and additional long-term debt totaling USD 5.5 billion and a reclassification to short-term debt of bonds which mature within 12 months totaling USD 2.9 billion. Short-term borrowings amounted to USD 6.6 billion at December 31, 2014 compared to USD 6.8 billion at December 31, 2013.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">At December 31, 2014, trade payables of USD 5.4 billion, other current liabilities of USD 12.5 billion and other non-current liabilities of USD 13.8 billion decreased compared to prior year, mainly due to the reclassification to discontinuing operations. On a comparable basis, trade payables of the Group decreased slightly by USD 0.1 billion compared to the prior year, while other current liabilities and other non-current liabilities increased by USD 0.2 billion and USD 0.3 billion respectively.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Group equity</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Group&#8217;s equity decreased by USD 3.6 billion to USD 70.8 billion at December 31, 2014 mainly on account of currency translation differences of USD 2.2 billion. Net actuarial losses and the repurchase commitment under the share buy-back trading plan further reduced equity by USD 0.8 billion and USD 0.7 billion respectively, while positive impact of the net income of USD 10.3 billion and from share based compensation of USD 1.1 billion were compensated by the dividend payments for 2013 of USD 6.8 billion and net purchases of treasury shares for USD 4.5 billion.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Benefiting from our continued focus on innovation, Novartis has one of the industry&#8217;s most competitive pipelines with more than 200 projects in clinical development, including 135 in Pharmaceuticals.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Key developments from the fourth quarter of 2014 include:</font></div>

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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In January 2015, the European Commission (EC) and FDA approved <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font> (secukinumab, formerly known as <font style="FONT-WEIGHT: bold; DISPLAY: inline">AIN457</font>) as a first-line systemic treatment of moderate-to-severe plaque psoriasis in adults who are candidates for systemic therapy. The EC approval followed a positive recommendation from the Committee for Medicinal Products for Human Use (CHMP), marking the first time that the CHMP has recommended a biologic treatment as first-line systemic, reinforcing the favorable safety profile of <font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font>. The US decision followed a unanimous recommendation from the FDA&#8217;s Dermatologic and Ophthalmic Drugs Advisory Committee.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Japanese Ministry of Health, Labour and Welfare (MHLW) approved <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Cosentyx </font>for the treatment of both psoriasis vulgaris and psoriatic arthritis in adults who are not adequately responding to systemic therapies (except for biologics). This decision marked the first country approval for <font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font> in the world and made it the first interleukin-17A (IL-17A) inhibitor to receive regulatory approval in either of these indications in Japan.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The EC approved <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Signifor</font> (pasireotide) as a new long-acting release formulation for once-monthly intramuscular injection to treat adult patients with acromegaly for whom surgery is not an option or has not been curative and who are inadequately controlled on treatment with a first-generation somatostatin analogue. The FDA also approved pasireotide, as <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Signifor</font> <font style="FONT-WEIGHT: bold; DISPLAY: inline">LAR</font>, for injectable suspension as a treatment for patients with acromegaly who have had an inadequate response to surgery and/or for whom surgery is not an option.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The last components of the <font style="FONT-WEIGHT: bold; DISPLAY: inline">LCZ696</font> new drug application (NDA) for heart failure with reduced ejection fraction (HFrEF) were submitted to the FDA, starting the formal review clock. A marketing authorization application was also submitted in the EU, with initiation of the CHMP accelerated assessment in January 2015. The CHMP&#8217;s decision to grant accelerated assessment to LCZ696 shortened the review process by 60 days.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The FDA extended its review period by up to three months for the NDA of <font style="FONT-WEIGHT: bold; DISPLAY: inline">LBH589</font> (panobinostat) in combination with bortezomib and dexamethasone for patients with previously treated multiple myeloma.&#160;The extension follows an FDA ODAC meeting in November. Regulatory filings for LBH589 were submitted in the EU in May 2014 and in Japan (where it has orphan drug status) in September 2014.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Regulatory applications for a new film-coated tablet formulation of deferasirox (<font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Exjade</font> <font style="FONT-WEIGHT: bold; DISPLAY: inline">FCT</font>) were submitted in Canada and Colombia.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In the CLEAR study, <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font><font style="FONT-STYLE: italic; DISPLAY: inline">&#160;</font>(secukinumab) demonstrated superiority to Stelara&#174; (ustekinumab) and met its primary endpoint of achieving Psoriasis Area and Severity Index (PASI) 90, which represents clear or almost clear skin at Week 16. The study also met the secondary endpoint of achieving PASI 75 at Week 4. Safety results were consistent with previously reported Phase III clinical trials for<font style="FONT-STYLE: italic; DISPLAY: inline"> Cosentyx.</font></font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">New analyses confirmed <font style="FONT-WEIGHT: bold; DISPLAY: inline">LCZ696</font> could change the course of heart failure for patients, with lower incidence of sudden deaths, emergency room visits, hospitalizations, worsening symptoms and need for more intense treatment versus enalapril in HFrEF patients.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In December 2014, Novartis announced positive top-line results from the pivotal Phase III clinical trial programs for <font style="FONT-WEIGHT: bold; DISPLAY: inline">QVA149</font> and <font style="FONT-WEIGHT: bold; DISPLAY: inline">NVA237</font> to support NDAs with the FDA for the long-term maintenance treatment of COPD. The results from the EXPEDITION and GEM clinical trial programs met their primary and secondary endpoints.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In December 2014, Alcon initiated a Phase III program to evaluate the efficacy and safety of <font style="FONT-WEIGHT: bold; DISPLAY: inline">RTH258</font> (formerly known as ESBA1008) versus aflibercept in patients with wet age-related macular degeneration (AMD). This program follows positive Phase II study results comparing the safety and efficacy of RTH258 to ranibizumab and aflibercept, respectively.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Results from the Phase III BOLERO-1 trial evaluating <font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline">Afinitor</font> (everolimus) in combination with trastuzumab and paclitaxel as a first-line treatment in women with human epidermal growth factor receptor-2 positive (HER2+) advanced breast cancer were presented at the San Antonio Breast Cancer Symposium. The trial did not meet the threshold of statistical significance for both primary objectives of the study: progression-free survival (PFS) among<font style="FONT-WEIGHT: bold; DISPLAY: inline">&#160;</font>patients with HER2+ advanced breast cancer, or the sub-population of women with hormone-receptor negative (HR-) HER2+ advanced breast cancer. However, the PFS benefit of 7 months shown in the HR-/HER2+ population suggests the potential role of PI3K/AKT/mTOR pathway inhibition in HER2+ advanced breast cancer. Novartis is not planning any regulatory submissions for everolimus in HER2+ advanced breast cancer.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The Phase III INFORMS study of <font style="FONT-WEIGHT: bold; DISPLAY: inline">fingolimod</font> in primary progressive multiple sclerosis (PPMS) did not meet the primary endpoint. The trial did not show a significant difference between fingolimod and placebo on a combination of disability measures. The safety results were consistent with the well-characterized safety profile of fingolimod in relapsing MS. There are currently no approved treatments that have been shown to change the course of PPMS.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In January 2015, Novartis announced it signed collaboration and licensing agreements with <font style="FONT-WEIGHT: bold; DISPLAY: inline">Intellia </font><font style="FONT-WEIGHT: bold; DISPLAY: inline">Therapeutics</font> for the discovery and development of new medicines using CRISPR genome editing technology (including engineered chimeric antigen receptor T-cells and hematopoietic stem cells) and <font style="FONT-WEIGHT: bold; DISPLAY: inline">Caribou Biosciences</font> for the development of drug discovery tools.</font></div>
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<div style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">In January 2015, Novartis established a joint investment company with <font style="FONT-WEIGHT: bold; DISPLAY: inline">Qualcomm Ventures</font> of up to USD 100 million to support early stage companies with technologies, products or services that go &#8220;beyond the pill&#8221; to benefit physicians and patients. Novartis aims to leverage digital technologies to provide integrated solutions and optimize the value of innovative medicines.</font></div>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">27</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Selected approvals: US, EU and Japan</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Approval date</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font> (AIN457)</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">secukinumab</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Psoriasis</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Japan &#8211; December 2014</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU &#8211; January 2015</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font> (AIN457)</font></div>
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<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">secukinumab</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Japan &#8211; December 2014</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Signifor </font>LAR</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">pasireotide</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Acromegaly</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US &#8211; December 2014</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Signifor</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Product</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font> (AIN457)</font></div>
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<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2013</font></div>

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<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- CHMP opinion in Nov. 2014 for first-line treatment of moderate-to-severe psoriasis patients</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Unanimous recommendation of approval from FDA Advisory Committee in Oct. 2014</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Swissmedic decision expected Q1 2015 following submission in Nov. 2013</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Total country submissions to date: 15</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Exjade</font> FCT</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Jakavi</font></div>
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<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Polycythemia</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">vera</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q2 2014</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q3 2014</font></div>
</td>
<td valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LBH589</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Multiple myeloma</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q1 2014</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q2 2014</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q3 2014</font></div>
</td>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Global filings underway</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- FDA extended review period by up to three months for LBH589 NDA</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Orphan drug designation in Japan</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LCZ696</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chronic heart failure with reduced ejection fraction</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2014</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2014</font></div>
</td>
<td valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Final components submitted to US FDA in Dec. 2014</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- MAA submitted in EU, initiation of accelerated assessment</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LDE225 (sonidegib)</font></div>
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<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced basal </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">cell carcinoma</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q3 2014</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q2 2014</font></div>
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<td valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US application submitted Sep. 2014</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Seebri Breezhaler</font> (NVA237)</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chronic obstructive pulmonary disease (COPD)</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2014</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US application submitted Dec. 2014</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Ultibro Breezhaler </font>(QVA149)</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">COPD</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q4 2014</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US application submitted Dec. 2014</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Zykadia</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(LDK378)</font></div>
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<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">ALK+ non-small cell lung cancer</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Q1 2014</font></div>
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<td valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td valign="top" width="28%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> Novartis licensed ruxolitinib from Incyte Corporation for development and commercialization outside the US. Ruxolitinib is marketed in the US by Incyte under the brand name Jakafi&#174;.</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Selected Pharmaceuticals pipeline projects</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
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<td align="left" valign="top" width="16%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Project/ Compound</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Potential indication/ Disease area</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">First planned submissions</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Current Phase</font></div>
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<td align="left" colspan="2" valign="top" width="29%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">News update</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Ilaris </font>(ACZ885)</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Hereditary periodic fevers</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Umbrella pivotal trial, FPFV June 2014</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">ACZ885</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(canakinumab)</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Secondary prevention of cardiovascular events</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Study fully enrolled</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" rowspan="3" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Afinitor</font>/<font style="FONT-STYLE: italic; DISPLAY: inline">Votubia</font></font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-functioning GI/lung NET</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- RADIANT-4 pivotal trial results expected in Q2 2015</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">TSC seizures</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III study enrolling</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diffuse large B-cell lymphoma</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" rowspan="2" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Cosentyx</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(AIN457)</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Psoriatic arthritis</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Submission planned in H1 2015</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III data presented at American College of Rheumatology (ACR) Congress in Nov. 2014</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Ankylosing spondylitis</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Submission planned in H1 2015</font></div>

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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Secondary progressive MS</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BCT197</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
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<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BGJ398</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
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<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BGS649</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Obese hypogonadotropic hypogonadism</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BKM120</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">mBC ER+ AI resistant mTOR naive</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- BELLE-2 pivotal trial results expected in Q2 2015</font></div>
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</tr><tr bgcolor="#cceeff">
<td valign="top" width="16%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">mBC ER+ post AI and mTOR inhibitor</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sporadic inclusion body myositis</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
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<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Sarcopenia</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Alzheimer&#8217;s disease</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">CJM112</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Immune disorders</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">CTL019</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Adult &amp; pediatric acute lymphoblastic leukemia</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Diffuse large B-cell lymphoma</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I/II</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">FCR001</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Renal Transplant</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: left">
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Wet AMD</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid; PADDING-BOTTOM: 1px"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Gilenya</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chronic inflammatory demyelinating polyradiculoneuropathy</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Stem cell transplantation</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">INC280</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-small cell lung cancer</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">KAE609</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Malaria</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">KAF156</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Malaria</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cushing&#8217;s disease</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LCQ908</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
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</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chronic heart failure with preserved ejection fraction</font></div>
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<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
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<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
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<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- PARAGON-HF FPFV achieved in Jul. 2014</font></div>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LEE011</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">HR+, HER2 negative advanced breast cancer (in postmenopausal women)</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III registration study enrolling</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">HR+, HER2 negative advanced breast cancer (in premenopausal women)</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III registration study enrolling</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LGX818</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LIK066</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Type II diabetes</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LJM716</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Lucentis</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Choroidal neovascularization and macular edema secondary to conditions other than age-related macular degeneration, diabetic macular edema, retinal vein occlusion and pathologic myopia</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#ffffff">
<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Retinopathy of Prematurity (ROP)</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2018</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">MEK162<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font></font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">NRAS mutant melanoma</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III study enrolling</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="16%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Low-grade serous ovarian cancer</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III study enrolling</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Solid tumors</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">MEK162<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font>+LGX818</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">BRAF mutant melanoma</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III study enrolling</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" rowspan="2" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">PKC412</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Aggressive systemic mastocytosis</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Final results from pivotal Phase II trial presented at American Society of Hematology Annual Meeting</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Acute myeloid leukemia</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2015</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">QAW039</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Asthma</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#ffffff">
<td valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Atopic dermatitis</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">QAX576</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Allergic diseases</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">QGE031</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Asthma</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805; 2019</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">RLX030</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(serelaxin)</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Acute heart failure</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- RELAX2 registration study ongoing</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- RELAX-ASIA registration study ongoing</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Signifor</font> LAR</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cushing&#8217;s disease</font></div>
</td>
<td align="left" valign="top" width="14%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="29%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Tasigna</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">CML treatment-free remission</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Study fully enrolled</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Tekturna</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chronic heart failure</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2016</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" colspan="2" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III outcome study (ATMOSPHERE) ongoing in heart failure</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Zykadia</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(LDK378)</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">ALK+ advanced non-small cell lung cancer (first-line, treatment na&#239;ve)</font></div>
</td>
<td align="left" valign="top" width="14%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2017</font></div>
</td>
<td align="left" colspan="2" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="29%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III study enrolling</font></div>
</td>
</tr></table>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
<br>
<hr>
</div>

<div>&#160;

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; DISPLAY: inline">1</font> Conditional on completion of the previously announced transactions with GSK, we expect to return our rights in MEK162 to Array BioPharma Inc.</font></div>
</div>

<div><br>
</div>

<div>
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
<div id="PGBRK" style="WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
<div id="FTR">
<div style="WIDTH: 100%; TEXT-ALIGN: center">
<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">30</font></div>
</div>

<div id="GLFTR" style="WIDTH: 100%" align="left"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
</div>

<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
</div>
</div>

<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
</div>
</div>
</div>

<br>
</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"><font style="FONT-SIZE: 10pt; DISPLAY: inline">Selected Alcon pipeline projects</font></font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td align="left" valign="top" width="16%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Project/ Compound</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Potential indication/ Disease area</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Planned submissions</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Current Phase</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">News update</font></div>
</td>
</tr><tr>
<td align="left" colspan="5" valign="top" width="79%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: -5.4pt; TEXT-INDENT: -9pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">SURGICAL</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">AcrySof IQ ReSTOR</font> IOL 2.5D</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2013</font></div>
</td>
<td align="left" valign="middle" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filed</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Filing occurred Aug. 2013</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Apr. 2014</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">AcrySof IQ ReSTOR</font> Toric IOL 2.5D</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2014</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filed</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Filing occurred Jul. 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">AcrySof IQ ReSTOR</font> 3.0D Toric IOL</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2013</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filed</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Filing occurred Aug. 2013</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Jan. 2014</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">AcrySof IQ ReSTOR</font> 3.0D Toric IOL diopter range expansion</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2015</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced</font></div>
</td>
<td valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Intrepid </font>IOL</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2017</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2016</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2017</font></div>
</td>
<td align="left" valign="middle" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Redeveloped</font></font></font></div>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Redeveloped</font></font></div>
</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Redeveloped</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Project being redeveloped</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Centurion</font> Phaco Platform</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2012</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2013</font></div>
</td>
<td align="left" valign="middle" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</div>
</div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved May 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Verion</font> Surgical Planning System</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2014</font></div>
</td>
<td align="left" valign="middle" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</div>
</div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Launched Jun. 2014</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Launched Jun. 2014</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Mar. 2014</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">LenSx </font>Laser</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Cataract</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2013</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Sep. 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">LenSx </font>Laser<font style="FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">,</font> system expansion</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Refractive</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2015</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved </font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Apr. 2013</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Sep. 2013</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
</td>
</tr><tr bgcolor="white">
<td align="left" colspan="5" valign="top" width="79%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">OPHTHALMIC PHARMACEUTICALS</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Brinzolamide/ </font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Brimonidine fixed combination</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Glaucoma</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2012</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2013</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Apr. 2013</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Jul. 2014</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">IZBA</font>, travoprost 0.003%</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Glaucoma</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2013</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2012</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved May 2014</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Feb. 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">JETREA</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Retina</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2011</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2015</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Phase III</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Mar. 2013</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">RTH258 (ESBA1008)</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Retina</font></div>
</td>
<td valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Phase III</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III development initiated Dec. 2014</font></div>
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</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Olopatadine 0.77%</font></div>
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<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Allergy</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2014</font></div>

<div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
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<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
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<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Dec. 2014</font></div>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EXE844</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Otic infections</font></div>
</td>
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2014</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filed</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Filing occurred Apr. 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" colspan="5" valign="top" width="79%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -9pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">VISION CARE</font></div>
</td>
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<td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">New lens care solution</font></div>
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<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Lens care solution</font></div>
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<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">US 2014</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EU 2014</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">JP 2015</font></div>
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<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filed</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Advanced</font></div>
</td>
<td align="left" valign="top" width="21%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Filing occurred Sep. 2014</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved Sept. 2014</font></div>

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<div><br>
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">31</font></div>
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<div id="PN" style="WIDTH: 100%; PAGE-BREAK-AFTER: always">
<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

<div style="WIDTH: 100%; TEXT-ALIGN: center">
<hr style="COLOR: black" noshade size="2">
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<div id="HDR">
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<br>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Selected Sandoz pipeline projects (biosimilars)</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

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<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td align="left" valign="top" width="12%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Project/ Compound</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Potential indication/ </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Disease area</font></div>
</td>
<td align="left" valign="top" width="15%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Submissions</font></div>
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<td align="left" valign="top" width="9%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Current Phase</font></div>
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<td align="left" valign="top" width="11%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">News update</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">EP2006 (filgrastim)</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chemotherapy-induced neutropenia; mobilization of peripheral blood progenitor cells and others intravenous</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(same as originator)</font></div>
</td>
<td align="left" valign="top" width="15%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Submitted in US in Q3</font></div>
</td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- ODAC voted for approval in all indications (14-0)</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">GP2013 (rituximab)</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-Hodgkin lymphoma, chronic lymphocytic leukemia, rheumatoid arthritis, granulomatosis with polyangiitis (also known as Wegener&#8217;s granulomatosis), and microscopic polyangiitis and others (same as originator)</font></div>
</td>
<td valign="top" width="15%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II and III</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Recruitment in Phase III follicular lymphoma trial completed in Jan. 2015</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">GP2015 </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(etanercept)</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Arthritidies (rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis), plaque psoriasis and others (same as originator)</font></div>
</td>
<td valign="top" width="15%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Patient enrollment complete</font></div>
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</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">GP2017 (adalimumab)</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Arthritidies (rheumatoid arthritis, ankylosing spondylitis, psoriatic arthritis), plaque psoriasis and others (same as originator)</font></div>
</td>
<td valign="top" width="15%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">LA-EP2006 (pegfilgrastim)</font></div>
</td>
<td align="left" valign="top" width="32%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Chemotherapy-induced neutropenia and others (same as originator)</font></div>
</td>
<td valign="top" width="15%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
<td align="left" valign="top" width="9%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="11%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Trial complete</font></div>
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</tr></table>
</div>

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</div>

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</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">&#160;</div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Selected Vaccines pipeline projects</font></div>

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<div>
<table cellpadding="0" cellspacing="0" width="100%" style="FONT-SIZE: 10pt; FONT-FAMILY: arial; FONT-SIZE: 10pt; FONT-FAMILY: arial">
<tr>
<td align="left" valign="top" width="12%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Project/ Compound</font></div>
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<td align="left" valign="top" width="19%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Potential indication/ Disease area</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Planned submissions</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">Current Phase</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-TOP: black 0.5pt solid; BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; DISPLAY: inline">News update</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Bexsero </font>(US)</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Multi-component vaccine for prevention of meningococcal disease (serogroup B)</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Started</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filing</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- FDA granted accelerated approval in January 2015</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Flucelvax </font>(US)</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of influenza disease in persons 18 years of age and older</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Complete</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Approved</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Approved by FDA for adults</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US BLA for age 4 and older submitted Q4 2014</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"><font style="FONT-STYLE: italic; DISPLAY: inline">Fluad</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top; FONT-STYLE: italic; DISPLAY: inline">&#160;</font>(US)</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of seasonal influenza (trivalent subunit vaccine with <font style="FONT-STYLE: italic; DISPLAY: inline">MF59 </font>adjuvant)</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2014</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Filing</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US BLA submitted in Q4 2014</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Quadrivalent Influenza Vaccine (QIV)</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of seasonal influenza</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805;2015</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">III</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III trials for adjuvanted (aQIV) ongoing and cell-based (QIVc) QIVs completed</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">MenABCWY</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of meningococcal disease (serogroups A, B, C, Y and W-135)</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805;2015</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III in preparation</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Group B streptococcus</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of group B streptococcus</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805;2015</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">II</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- Phase III in preparation</font></div>
</td>
</tr><tr bgcolor="#cceeff">
<td align="left" valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Pandemic influenza vaccines</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Universal vaccination in case of an influenza pandemic</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">NA</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">NA</font></div>
</td>
<td align="left" valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- H7N9 clinical study completed</font></div>

<div style="MARGIN-LEFT: 5pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: -5pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">- US Department of Health and Human Services (HHS) purchased stockpile</font></div>
</td>
</tr><tr bgcolor="white">
<td valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; FONT-STYLE: italic; DISPLAY: inline">Staph. aureus</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of Staphylococcus aureus</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805;2015</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
</tr><tr bgcolor="#cceeff">
<td valign="top" width="12%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">TdaP</font></div>
</td>
<td align="left" valign="top" width="19%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Prevention of Tetanus, Diphtheria, Pertussis</font></div>
</td>
<td align="left" valign="top" width="13%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#8805;2015</font></div>
</td>
<td align="left" valign="top" width="10%" style="BORDER-BOTTOM: black 1px solid">
<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">I</font></div>
</td>
<td valign="top" width="25%" style="BORDER-BOTTOM: black 1px solid"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#160; </font></td>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify">
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<div><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">32</font></div>
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<div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>

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<div id="HDR">
<div id="GLHDR" style="WIDTH: 100%" align="right"><font style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160; </font></div>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;text-transform:uppercase;">CONDENSED CONSOLIDATED FINANCIAL STATEMENTS </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Consolidated income statements </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter <font style="font-weight: normal;">(unaudited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;075</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;389</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-314</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to discontinuing segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;130</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;440</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-310</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;416</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;428</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;938</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;200</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-262</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;229</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;451</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">222</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;537</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;486</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-51</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-736</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-695</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-41</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">606</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">513</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">93</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-691</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-748</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">57</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;351</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;333</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">580</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">425</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-163</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;756</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;283</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>473</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-308</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-268</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-40</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;448</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;015</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>433</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net loss/income from discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-961</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;004</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;487</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;058</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-571</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Attributable to:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Shareholders of Novartis AG<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>1&nbsp;491</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2&nbsp;029</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-538</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Non-controlling interests<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-4</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>29</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-33</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Average number of shares outstanding &#x2013; Basic (million)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;408</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;432</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-24</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Basic earnings per share from continuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>1.02</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.82</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.20</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Basic earnings per share from discontinuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.40</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.01</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.41</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total basic earnings per share (USD)<sup>1</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.62</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.83</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-0.21</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Average number of shares outstanding &#x2013; Diluted (million)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;449</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;469</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diluted earnings per share from continuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>1.00</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.81</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.19</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diluted earnings per share from discontinuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.39</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.01</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.40</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Total diluted earnings per share (USD)<sup>1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.82</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-0.21</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Earnings per share (EPS) is calculated on the amount of net income attributable to shareholders of Novartis AG.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">33</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Consolidated income statements </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;180</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>51&nbsp;869</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>311</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to discontinuing segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">239</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">221</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;419</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;090</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>329</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">626</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">589</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17&nbsp;345</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16&nbsp;579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-766</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36&nbsp;289</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36&nbsp;137</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>152</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12&nbsp;377</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12&nbsp;638</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">261</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;086</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;071</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;616</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;603</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;391</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">186</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;512</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;047</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-465</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;089</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;983</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>106</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;918</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">599</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;319</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-704</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-683</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-21</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-92</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;272</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;807</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;465</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;545</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;498</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-47</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;727</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;309</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;418</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net loss from discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-447</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-430</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;280</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;292</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>988</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Attributable to:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Shareholders of Novartis AG<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>10&nbsp;210</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>9&nbsp;175</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>1&nbsp;035</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Non-controlling interests<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>70</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>117</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-47</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Average number of shares outstanding &#x2013; Basic (million)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;426</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;441</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-15</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Basic earnings per share from continuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>4.39</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>3.76</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.63</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Basic earnings per share from discontinuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.18</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.00</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.18</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total basic earnings per share (USD)<sup>1</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4.21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3.76</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.45</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Average number of shares outstanding &#x2013; Diluted (million)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;470</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;479</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diluted earnings per share from continuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>4.31</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>3.70</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.61</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diluted earnings per share from discontinuing operations (USD)<sup>1</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.18</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.00</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.18</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Total diluted earnings per share (USD)<sup>1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4.13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3.70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.43</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Earnings per share (EPS) is calculated on the amount of net income attributable to shareholders of Novartis AG.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">34</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
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    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Consolidated statements of comprehensive income </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter <font style="font-weight: normal;">(unaudited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;487</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;058</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-571</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Other comprehensive income to be eventually recycled  into the consolidated income statement:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Fair value adjustments on financial instruments, net of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-60</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">138</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Novartis share of other items recorded in comprehensive  income recognized by associated companies, net of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Translation effects<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-873</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">472</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;345</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Total of items to eventually recycle<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-790</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>419</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1&nbsp;209</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Other comprehensive income never to be recycled  into the consolidated income statement:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Net actuarial gains from defined benefit plans, net  of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 320</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 344</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -24</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Comprehensive income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;017</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;821</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;804</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Attributable to:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Shareholders of Novartis AG<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>1&nbsp;022</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2&nbsp;791</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1&nbsp;769</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:24pt;"><i>Continuing operations<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2&nbsp;022</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2&nbsp;740</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-718</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:24pt;"><i>Discontinuing operations<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1&nbsp;000</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>51</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1&nbsp;051</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Non-controlling interests<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-5</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>30</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-35</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;280</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;292</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>988</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Other comprehensive income to be eventually recycled  into the consolidated income statement:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Fair value adjustments on financial instruments, net of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">110</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">173</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-63</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Novartis share of other items recorded in comprehensive  income recognized by associated companies, net of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Translation effects<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;220</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">676</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;896</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Total of items to eventually recycle<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-2&nbsp;115</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>854</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-2&nbsp;969</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Other comprehensive income never to be recycled  into the consolidated income statement:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Net actuarial (losses)/gains from defined benefit plans, net  of taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -822</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;504</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -2&nbsp;326</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Comprehensive income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;343</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;650</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4&nbsp;307</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Attributable to:<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Shareholders of Novartis AG<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>7&nbsp;274</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11&nbsp;538</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-4&nbsp;264</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:24pt;"><i>Continuing operations<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>7&nbsp;820</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11&nbsp;512</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-3&nbsp;692</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:24pt;"><i>Discontinuing operations<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-546</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>26</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-572</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Non-controlling interests<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>69</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>112</i></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-43</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">35</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Condensed consolidated balance sheets <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31, <br>2013<br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><br>Change<br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Assets<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Non-current assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15&nbsp;983</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;197</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;214</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Goodwill<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29&nbsp;311</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31&nbsp;026</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;715</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Intangible assets other than goodwill<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23&nbsp;832</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27&nbsp;841</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;009</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;700</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;648</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">52</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total non-current assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>87&nbsp;826</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>95&nbsp;712</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-7&nbsp;886</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Current assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Inventories<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;093</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;267</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;174</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Trade receivables<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8&nbsp;275</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9&nbsp;902</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;627</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;530</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;392</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-862</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash and cash equivalents, marketable securities,  commodities and derivatives<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 13&nbsp;862</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 9&nbsp;222</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 4&nbsp;640</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Assets related to discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;801</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">759</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;042</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total current assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>37&nbsp;561</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>30&nbsp;542</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;019</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>125&nbsp;387</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>126&nbsp;254</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-867</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Equity and liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Equity attributable to Novartis AG shareholders<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70&nbsp;766</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74&nbsp;343</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;577</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Non-controlling interests<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">129</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-51</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total equity<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>70&nbsp;844</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;472</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3&nbsp;628</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Non-current liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Financial debts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13&nbsp;799</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;242</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;557</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13&nbsp;771</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14&nbsp;172</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-401</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total non-current liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>27&nbsp;570</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>25&nbsp;414</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;156</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Current liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Trade payables<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;419</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;148</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-729</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Financial debts and derivatives<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;612</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;776</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-164</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12&nbsp;524</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13&nbsp;394</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-870</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Liabilities related to discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;418</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;368</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total current liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26&nbsp;973</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26&nbsp;368</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>605</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>54&nbsp;543</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>51&nbsp;782</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;761</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total equity and liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>125&nbsp;387</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>126&nbsp;254</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-867</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">36</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Condensed consolidated changes in equity<font style="font-weight: normal;">&nbsp;</font>
</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter <font style="font-weight: normal;">(unaudited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consolidated equity at October 1<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>71&nbsp;424</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>72&nbsp;179</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-755</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Comprehensive income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;017</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;821</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;804</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of treasury shares<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;891</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-770</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;121</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Treasury share repurchase commitment under a  share buy-back trading plan<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 17</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Increase in equity from exercise of options and  employee transactions<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Equity-based compensation<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">277</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">263</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in non-controlling interests<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consolidated equity at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>70&nbsp;844</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;472</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3&nbsp;628</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consolidated equity at January 1<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;472</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>69&nbsp;263</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;209</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Comprehensive income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;343</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;650</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;307</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of treasury shares<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;926</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;990</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;936</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Treasury share repurchase commitment under a  share buy-back trading plan<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -658</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -658</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Increase in equity from exercise of options and  employee transactions<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;400</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;691</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 709</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dividends related to shareholders of Novartis AG<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;810</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;100</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-710</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Equity-based compensation<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;143</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;077</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Impact of change in ownership of consolidated entities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in non-controlling interests<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-120</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-109</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consolidated equity at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>70&nbsp;844</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;472</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3&nbsp;628</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">37</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Condensed consolidated cash flow statements</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter <font style="font-weight: normal;">(unaudited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;448</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;015</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>433</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Reversal of non-cash items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">308</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">268</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Depreciation, amortization and impairments<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;291</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;211</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">80</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Change in provisions and other non-current liabilities<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">316</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">204</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">112</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Income from associated companies<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-580</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-425</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Net financial income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">175</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-112</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Net income adjusted for non-cash items<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>3&nbsp;840</i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>3&nbsp;742</i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>98</i></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial receipts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">394</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">459</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial payments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-168</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-90</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes paid<sup>1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-559</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-509</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-50</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows before working capital changes from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 3&nbsp;507</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 3&nbsp;078</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 429</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Payments out of provisions and other  net cash movements in non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -251</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 51</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in net current assets  and other operating cash flow items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;467</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;186</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 281</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows from operating activities  from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 4&nbsp;723</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 3&nbsp;962</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 761</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash flows from operating activities  from discontinuing operations<sup> 1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 482</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 488</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total cash flows from operating activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;205</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;450</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>755</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-830</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;048</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">218</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of intangible, financial  and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -304</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -218</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -86</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Proceeds from sales of property, plant &amp; equipment,  intangible, financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 366</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 179</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 187</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acquisitions of businesses<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-350</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-350</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in marketable securities, commodities  and net divestment proceeds of associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 331</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;524</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;855</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows used in investing activities  from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -787</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -2&nbsp;611</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;824</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash flows used in investing activities  from discontinuing operations<sup> 1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -132</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -88</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total cash flows used in investing activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-919</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2&nbsp;655</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;736</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in current and non-current financial debts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;157</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-746</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;903</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Treasury share transactions, net<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;899</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-707</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;192</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financing cash flows<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows used in financing activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-742</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;518</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>776</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net translation effect on cash and cash equivalents<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-162</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-209</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Change in cash and cash equivalents<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;382</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>324</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;058</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash and cash equivalents at October 1<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9&nbsp;641</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;363</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;278</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash and cash equivalents at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;023</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;687</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;336</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>In Q4 2014, total Group tax payments amounted to USD 692 million when also taking into account payments of USD 19 million and USD 114 million, included in the cash flows from operating activities and investing activities, respectively, of discontinuing operations.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">38</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Condensed consolidated cash flow statements</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;727</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;309</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;418</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Reversal of non-cash items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Taxes<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;545</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;498</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Depreciation, amortization and impairments<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;462</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">289</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Change in provisions and other non-current liabilities<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;490</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">736</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">754</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Income from associated companies<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;918</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-599</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;319</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Net financial income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">735</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">775</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-40</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">122</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">307</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-185</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Net income adjusted for non-cash items<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>17&nbsp;452</i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>16&nbsp;488</i></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>964</i></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial receipts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;067</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">539</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">528</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial payments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-692</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-631</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes paid<sup>1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;179</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;054</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-125</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows before working capital changes from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 15&nbsp;648</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 14&nbsp;342</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;306</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Payments out of provisions and other  net cash movements in non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;125</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -947</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -178</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in net current assets  and other operating cash flow items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -625</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -778</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 153</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows from operating activities  from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 13&nbsp;898</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 12&nbsp;617</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;281</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash flows used in/from operating activities  from discontinuing operations<sup> 1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 557</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -558</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total cash flows from operating activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;897</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;174</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>723</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;624</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;903</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">279</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of intangible, financial  and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;079</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -665</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -414</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Proceeds from sales of property, plant &amp; equipment,  intangible, financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 739</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 472</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 267</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acquisitions of businesses<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-331</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-289</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in marketable securities, commodities  and net divestment proceeds of associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 3&nbsp;287</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 3&nbsp;368</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows used in investing activities  from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -3&nbsp;219</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 3&nbsp;211</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash flows from/used in investing activities  from discontinuing operations<sup> 1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 889</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -133</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;022</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total cash flows from/used in investing activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>881</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3&nbsp;352</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;233</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dividends related to shareholders of Novartis AG<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;810</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;100</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-710</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in current and non-current financial debts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;318</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;333</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;651</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Treasury share transactions, net<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;515</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;237</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;278</font>
    </td>
    <td align="right"></td>
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      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Impact of change in ownership  of consolidated enities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -4</font>
    </td>
    <td align="right"></td>
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      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financing cash flows<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-140</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-103</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-37</font>
    </td>
    <td align="right"></td>
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      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows used in financing activities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8&nbsp;147</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8&nbsp;769</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>622</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net translation effect on cash and cash equivalents<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-295</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">82</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-377</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Change in cash and cash equivalents<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;336</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;135</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;201</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash and cash equivalents at January 1<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;687</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;552</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;135</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
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    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash and cash equivalents at December 31<sup></sup></b></font>
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    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;023</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;687</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;336</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
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    <td height="10px" colspan="8">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
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    <td colspan="8">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>In FY 2014, total Group tax payments amounted to USD 2.6 billion when also taking into account payments of USD 7 million and USD 459 million, included in the cash flows from operating activities and investing activities, respectively, of discontinuing operations.</div>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Notes to the Condensed Interim Consolidated Financial Statements for the three- and twelve-month periods ended December 31, 2014 <font style="font-weight: normal;">(audited)</font>
</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">1. Basis of preparation</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">These Condensed Interim Consolidated Financial Statements for the three- and twelve-month periods ended December 31, 2014, were prepared in accordance with International Accounting Standard 34 <I>Interim Financial Reporting</I> and accounting policies set out in the 2014 Annual Report published on January&nbsp;27, 2015.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">2. Selected critical accounting policies</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The Group&#x2019;s principal accounting policies are set out in note 1 to the Consolidated Financial Statements in the 2014 Annual Report and conform with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. The presentation of financial statements requires management to make subjective and complex judgments that affect the reported amounts. Because of the inherent uncertainties, actual outcomes and results may differ from management&#x2019;s assumptions and estimates. In particular, as discussed in note 11 of the 2014 Annual Report, goodwill, Alcon brand name and acquired In-Process Research &amp; Development projects are reviewed for impairment at least annually and these, as well as all other investments in intangible assets, are reviewed for impairment whenever an event or decision occurs that raises concern about their balance sheet carrying value. The amount of goodwill and other intangible assets on the Group&#x2019;s consolidated balance sheet has risen significantly in recent years, primarily from acquisitions. Impairment testing under IFRS may lead to potentially significant impairment charges in the future that could have a materially adverse impact on the Group&#x2019;s financial results.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The determination of the contingent consideration in respect of acquisitions also requires management to make assumptions on the probability and amount of potential payments due to previous owners. If actual payments are different to the estimated amounts recorded for contingent consideration there could be a significant impact, either positive or negative, on the Group&#x2019;s financial results.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">3. Significant transactions</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Vaccines &ndash; Divestment of blood transfusion diagnostics unit<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On January 9, 2014, Novartis completed the divestment of its blood transfusion diagnostics unit to the Spanish company Grifols S.A., for USD 1.7 billion in cash. The pre-tax gain on this transaction was approximately USD 0.9 billion and was recorded in operating income from discontinuing operations.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Pharmaceuticals &ndash; Acquisition of CoStim Pharmaceuticals, Inc.<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On February 17, 2014, Novartis acquired all of the outstanding shares of CoStim Pharmaceuticals, Inc., a Cambridge, Massachusetts, US-based, privately held biotechnology company focused on harnessing the immune system to eliminate immune-blocking signals from cancer, for a total purchase consideration of USD 248 million (excluding cash acquired). This amount consists of an initial cash payment and the net present value of contingent consideration of USD 153 million due to previous CoStim&#x2019;s shareholders, which they are eligible to receive upon the achievement of specified development and commercialization milestones. The purchase price allocation resulted in net identified assets of USD 152 million (excluding cash acquired) and goodwill of USD 96 million. Results of operations since the acquisition were not material.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Pharmaceuticals &ndash; Divestment of Idenix Pharmaceuticals, Inc. (Idenix) shareholding<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On August 5, 2014, Merck &amp; Co., USA completed a tender offer for Idenix. As a result, Novartis divested its 22% shareholding in Idenix and realized a gain of approximately USD 0.8 billion which was recorded in income from associated companies.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Corporate &ndash; Divestment of LTS Lohmann Therapie-Systeme AG (LTS) shareholding <br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On November 5, 2014, Novartis divested its 43% shareholding in LTS and realized a gain of approximately USD 0.4 billion which was recorded in income from associated companies.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Alcon &ndash; Acquisition of WaveTec Vision Systems, Inc. (WaveTec) <br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On October 16, 2014, Alcon acquired all of the outstanding shares of WaveTec, a privately held company, for USD 350 million in cash. The purchase price allocation resulted in net identified assets of USD 180 million and goodwill of USD 170 million. Results of operations since the acquisition were not material.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Major pending transactions <br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;"><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold; text-decoration:underline;">Transaction with Eli Lilly and Company<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On April 22, 2014, Novartis entered into an agreement with Eli Lilly and Company, USA (Lilly) to divest its Animal Health business to Lilly for approximately USD 5.4 billion in cash to be paid on closing. This transaction closed on January 1, 2015 and will result in a pre-tax gain of approximately USD 4.6 billion.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold; text-decoration:underline;">Transactions with GlaxoSmithKline plc<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On April 22, 2014 (and as amended and restated on May 29, 2014), Novartis entered into the following agreements with GlaxoSmithKline plc, Great Britain (GSK). These transactions with GSK are inter-conditional and were approved by GSK shareholders in December 2014. They are still subject to other closing conditions, including regulatory approvals. The transactions are expected to close during the first half of 2015.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;"><I>Pharmaceuticals </I> &ndash;<I> Acquisition of GSK oncology products</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis has agreed to acquire GSK&#x2019;s oncology products for an aggregate cash consideration of USD 16 billion. Up to USD 1.5 billion of this cash consideration is contingent on certain development milestones. In addition, under the terms of the agreement, Novartis was granted a right of first negotiation over the co-development or commercialization to GSK&#x2019;s current and future oncology R&amp;D pipeline, excluding oncology vaccines. The right of first negotiation is for a period of 12.5 years, from the acquisition closing date.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;"><I>Vaccines </I> &ndash;<I> Divestment</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis has agreed to divest its Vaccines business to GSK for up to USD 7.1 billion plus royalties. The USD 7.1 billion consists of USD 5.25 billion to be paid on closing and up to USD 1.8 billion in future milestone payments. Novartis&#x2019;s Vaccines influenza business is excluded from the GSK Vaccines business acquisition. However, GSK has entered into a future option arrangement with Novartis in relation to the Vaccines influenza business, pursuant to which Novartis may unilaterally require GSK to acquire the entire or certain parts of its vaccines influenza business for consideration of up to USD 250 million (the Influenza Put Option) if the divestment to CSL Limited, Australia (CSL), discussed below, is not completed. The option period is 18 months, beginning the earlier of the GSK transaction closing date and October&nbsp;22, 2015. Novartis paid GSK a fee of USD 5 million in consideration for the grant of the Influenza Put Option.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;"><I>Consumer Health </I> &ndash;<I> Combination of Novartis OTC with GSK consumer healthcare in a joint venture</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis and GSK have agreed to create a combined consumer healthcare business through a joint venture between Novartis OTC and GSK consumer healthcare. Upon completion, Novartis will own a 36.5% share of the joint venture and will have four of eleven seats on the joint venture&#x2019;s Board. Furthermore, Novartis will have customary minority rights and also exit rights at a pre-defined, market-based pricing mechanism. The investment will be accounted for using the equity method of accounting.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold; text-decoration:underline;">Transaction with CSL<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On October 26, 2014 Novartis entered into a transaction with CSL to sell its Vaccines influenza business to CSL for USD 275 million. This transaction is expected to be completed in the second half of 2015, subject to all necessary regulatory approvals.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Entering into the separate divestment agreement with CSL resulted in the vaccine influenza business being a separate cash generating unit within the Vaccines Division, requiring the performance of a separate valuation of the influenza vaccines business net assets. This triggered the recognition of an exceptional impairment charge of approximately USD 1.1 billion (pre-tax), as the book value of the influenza vaccines business net assets was above the USD 275 million consideration to be paid by CSL.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;"><I>Classification as discontinuing operations</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">These major pending transactions, combined with the divestment of the blood transfusion diagnostics unit which closed on January 9, 2014, result from the portfolio review which commenced in mid-2013.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">As a result, Novartis is required to separate the Group&#x2019;s reported financial data for the current and prior year into &#x201C;discontinuing&#x201D; and &#x201C;continuing&#x201D; operations.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"><B>Discontinuing operations</B> include the Animal Health Division, the OTC Division, and the Vaccines Division including the USD 0.9 billion pre-tax gain arising from the USD 1.7 billion divestment of the blood transfusion diagnostics unit to Grifols S.A., completed on January 9, 2014, and related prior-year results for this unit&#x2019;s activity. Excluded from discontinuing operations are certain intellectual property rights and related other revenues of the Vaccines Division which are retained by Novartis and are now reported under Corporate activities. Also included in discontinuing operations, under Corporate, are certain transaction related expenses.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">As required by IFRS, 2014 results exclude from the portfolio transformation announcement date any further depreciation and amortization related to discontinuing operations.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"><B>Continuing operations</B> comprise all other activities of the Novartis Group, including the Pharmaceuticals, Alcon and Sandoz Divisions and the retained Corporate activities.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Continuing operations do not yet include the results from Oncology assets to be acquired from GSK on closing of the transaction or the results from the 36.5% interest in the GSK/Novartis consumer healthcare joint venture that will be created at the same time.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">There were no significant acquisition or divestment transactions in 2013.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">4. Summary of equity attributable to Novartis AG shareholders </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
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    <td colspan="5" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Number of outstanding shares (in millions)</font>
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    <td colspan="5" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Issued share capital and reserves attributable to Novartis AG shareholders</font>
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      <td height="3"></td>
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      <td height="1"></td>
      <td height="1"></td>
      <td colspan="5" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="5" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
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    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
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    <td></td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>2014<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><br>2013<sup>  </sup></font>
    </td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><br>Change<sup>  </sup></font>
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    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="28%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Balance at beginning of year<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;426.1</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;420.6</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.5</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;343</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>69&nbsp;137</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;206</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Shares acquired to be held  in Group Treasury<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -46.8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -33.3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -13.5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -4&nbsp;057</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -2&nbsp;464</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;593</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Shares acquired to be cancelled<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-27.0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2.2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-24.8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;396</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-170</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;226</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other share purchases<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5.4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4.8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-0.6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-473</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-356</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-117</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Increase in equity from exercise of  options and employee transactions<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 41.4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 34.3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 7.1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;400</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;691</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 709</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Equity-based compensation<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10.3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11.5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1.2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;143</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;077</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Treasury share repurchase commitment under a share buy-back trading plan<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -658</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -658</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dividends<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;810</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;100</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-710</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net income of the period attributable to  shareholders of Novartis AG<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 10&nbsp;210</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 9&nbsp;175</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;035</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other comprehensive income attributable to shareholders of Novartis AG<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -2&nbsp;936</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;363</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -5&nbsp;299</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Impact of change in ownership of  consolidated entities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Balance at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;398.6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;426.1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-27.5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>70&nbsp;766</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74&nbsp;343</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3&nbsp;577</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">43</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">5. Consolidated income statements &ndash; Segmentation &ndash; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Pharmaceuticals<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Alcon<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Sandoz<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Corporate<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total  continuing  operations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total discontinuing  operations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Group  eliminations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Total Group<sup></sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;860</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;323</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;703</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;655</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;512</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;411</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;075</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;389</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;558</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;689</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;633</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>15&nbsp;078</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to other segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">77</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-87</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-69</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;921</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;358</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;714</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;665</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;582</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;488</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-87</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-71</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;130</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;440</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;572</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;703</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-69</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-65</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;633</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>15&nbsp;078</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">171</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">127</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">240</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">285</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;709</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;773</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;320</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;308</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;527</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;480</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">140</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">133</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;416</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;428</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;022</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-949</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">69</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;369</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;312</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;383</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;712</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;404</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;364</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;058</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;014</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>110</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;938</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;200</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>566</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>851</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;504</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;051</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;157</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;357</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-641</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-648</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-431</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-446</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;229</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;451</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-447</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-503</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;676</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;954</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;073</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;990</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-247</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-287</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-217</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-209</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;537</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;486</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-216</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-211</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;753</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;697</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-294</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-272</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-162</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-150</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-102</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-104</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-178</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-169</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-736</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-695</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-108</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-127</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-844</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-822</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">317</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">41</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">312</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">104</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">606</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">513</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">53</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">689</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">562</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-463</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-397</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-158</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-142</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-173</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-691</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-748</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;065</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;748</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-767</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;611</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;013</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>365</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>276</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>85</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-128</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;351</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;333</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;179</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>40</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;373</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>20.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>24.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>13.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>6.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>18.0%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>17.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-75.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>8.0%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>15.7%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">580</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">154</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-163</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-163</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;756</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;283</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;180</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;576</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;322</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-308</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-268</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">219</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-264</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;448</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;015</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-961</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>43</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;487</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;058</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="34">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="34">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="34">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">44</font>
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    <hr style="COLOR: black" noshade size="2">
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<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Consolidated income statements &ndash; Segmentation &ndash; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Pharmaceuticals<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Alcon<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Sandoz<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Corporate<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total  continuing  operations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total discontinuing  operations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Group  eliminations<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Total Group<sup></sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31&nbsp;791</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>32&nbsp;214</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;827</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;496</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;562</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;159</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;180</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>51&nbsp;869</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;816</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;051</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;996</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;920</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to other segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">262</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">202</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">49</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">286</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">294</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-358</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-325</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">239</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">221</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-317</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-293</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>32&nbsp;053</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>32&nbsp;416</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;876</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;546</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;848</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;453</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-358</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-325</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;419</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;090</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;894</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;123</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-317</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-293</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;996</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;920</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">629</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">497</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">540</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">84</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">626</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">285</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;280</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">911</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;889</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;655</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;193</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;900</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;476</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">488</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">452</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17&nbsp;345</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16&nbsp;579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;073</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;322</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">317</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">293</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20&nbsp;101</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-19&nbsp;608</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>25&nbsp;793</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26&nbsp;258</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;717</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;673</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;109</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;995</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>670</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>211</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36&nbsp;289</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36&nbsp;137</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;886</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;086</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39&nbsp;175</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39&nbsp;223</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;178</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;514</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;474</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;452</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;725</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;672</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12&nbsp;377</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12&nbsp;638</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;911</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14&nbsp;189</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14&nbsp;549</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7&nbsp;331</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7&nbsp;242</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-928</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;042</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-827</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-787</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;086</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;071</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-857</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-781</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;943</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;852</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;009</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;051</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-613</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-589</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-376</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-374</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-618</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-589</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;616</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;603</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-431</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-457</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;047</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;060</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">734</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">699</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">106</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">481</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">321</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;391</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;007</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">174</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;380</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;367</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;538</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-774</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-184</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-437</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-190</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-240</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-600</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-596</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;512</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;047</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;146</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-184</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;640</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;219</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;471</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;376</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;597</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;232</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;088</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;028</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-653</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;089</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;983</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-353</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-73</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;736</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;910</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>26.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>29.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>14.8%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>21.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>21.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-6.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>18.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>18.8%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;102</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">597</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;918</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">599</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;920</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">600</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-704</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-683</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-704</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-683</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-92</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-92</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;272</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;807</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-351</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-72</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;921</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;735</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;545</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;498</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-96</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;641</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;443</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;727</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;309</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-447</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-17</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;280</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;292</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="34" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="34">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="34">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="34">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">45</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Discontinuing operations &ndash; Segmentation &ndash; Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Vaccines  as previously  published<sup> 1</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Consumer Health</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Transfers to  continuing Corporate<sup> 2</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Corporate  (including  eliminations)<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Discontinuing  operations</font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="16%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>494</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>655</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;064</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;034</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;558</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;689</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to other segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>513</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>666</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;059</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;037</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;572</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;703</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">135</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-584</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-511</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-438</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-442</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;022</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-949</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-63</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>629</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>605</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-44</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>566</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>851</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-373</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-412</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-447</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-503</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-141</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-132</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-75</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-216</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-211</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-76</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-87</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-108</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-127</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">83</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">53</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-784</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-265</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;065</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss/income of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;084</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>42</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>48</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-43</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-267</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;179</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>40</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-219.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>6.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>16.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>4.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-75.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2.4%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Loss/income before taxes of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;180</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">219</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net loss/income of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-961</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>43</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="22">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="22">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>2013 includes the divested blood transfusion diagnostics unit</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="22">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Other revenue contains royalties and out-licensing revenues of Vaccines which are to be retained by Novartis.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">46</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
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    <hr style="COLOR: black" noshade size="2">
  </div>
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Discontinuing operations &ndash; Segmentation &ndash; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Vaccines  as previously  published<sup> 1</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Consumer Health</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Transfers to  continuing Corporate<sup> 2</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Corporate  (including  eliminations)<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Discontinuing  operations</font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="16%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;537</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;987</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;279</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;064</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;816</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;051</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to other segments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;602</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;048</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;292</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;075</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;894</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;123</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">333</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-84</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">285</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;336</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;578</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;073</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;322</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>298</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>803</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;588</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;360</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-77</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;886</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;086</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-280</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-334</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;532</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;577</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;911</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-545</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-476</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-312</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-305</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-857</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-781</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-140</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-313</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-316</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-431</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-457</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">905</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">99</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;007</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">174</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-88</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-60</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-63</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-274</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;146</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-184</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-552</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-165</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>470</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>178</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-73</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-271</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-13</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-353</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-73</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-35.9%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-8.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>11.0%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>4.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-6.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-1.2%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Loss before taxes of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-351</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-72</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-96</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net loss of discontinuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-447</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-17</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="22">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="22">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>2013 includes the divested blood transfusion diagnostics unit</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="22">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Other revenue contains royalties and out-licensing revenues of Vaccines which are to be retained by Novartis.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">47</font>
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    <hr style="COLOR: black" noshade size="2">
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<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Discontinuing operations &ndash; Condensed balance sheet <font style="font-weight: normal;">(audited)</font>
</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31, <br>2013<br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="56%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Assets<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;411</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">145</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Goodwill and other intangible assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;462</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">358</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">352</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Inventories<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">87</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Trade receivables and other current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;421</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total assets related to discontinuing operations and held for sale<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;801</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>759</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Liabilities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">706</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Trade payables and other current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;712</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total liabilities related to discontinuing operations and held for sale<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;418</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>50</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">48</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">6. Financial instruments</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The following table illustrates the three hierarchical levels for valuing financial instruments at fair value and also those measured at amortized cost or at cost as of December 31, 2014 and December&nbsp;31, 2013. For additional information on the hierarchies and other matters, please refer to the Consolidated Financial Statements in the 2014 Annual Report, published on January 27, 2015.</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Level 1<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Level 2<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Level 3<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Valued at amortized cost or cost<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Total<sup></sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>(audited)<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>(audited)<br>USD m<sup>    </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>(audited)<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>(audited)<br>USD m<sup>    </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>(audited)<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>(audited)<br>USD m<sup>    </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>(audited)<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>(audited)<br>USD m<sup>    </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>(audited)<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>(audited)<br>USD m<sup>    </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="16%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Debt securities<sup></sup></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">301</font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">294</font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">327</font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">323</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Equity securities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Fund investments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total available-for-sale marketable securities<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>345</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>315</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>29</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>37</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>377</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>381</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Time deposits with original maturity more than 90 days<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;931</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;931</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Derivative financial instruments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">356</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">121</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">356</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">121</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Accrued interest on debt securities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total marketable securities, time deposits and derivative financial instruments<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>345</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>315</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>382</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>150</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>37</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;936</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>742</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;438</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Available-for-sale financial investments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">605</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">458</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">332</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">366</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">937</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">824</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Fund investments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">52</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">52</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Long-term loans and receivables, advances, security deposits<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">712</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">647</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">712</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">647</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Financial investments and long-term loans<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>605</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>458</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>403</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>418</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>712</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>647</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;720</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;523</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="22" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">168</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">234</font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total associated companies at fair value through profit or loss<sup></sup></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>66</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>168</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>234</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Contingent consideration<sup></sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-756</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-572</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-756</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-572</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Derivative financial instruments<sup></sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-52</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-103</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-52</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-103</font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total financial liabilities at fair value<sup></sup></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-52</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-103</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-756</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-572</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-808</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-675</b></font>
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</table><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">With effect from January 1, 2014, in order to have consistent valuation methods for all venture capital fund investments, the Group has commenced valuing its fund investments with a voting share interest in excess of 20%, at fair value instead of using the equity method of accounting. For reasons of materiality this new accounting policy is applied prospectively. Apart from this change, there were no other changes in the full year to the valuation techniques used for financial instruments nor significant transfers from one level to the other nor significant transactions associated with level 3 financial instruments.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The fair value of straight bonds amounted to USD&nbsp;17.0 billion at December 31, 2014 (USD&nbsp;13.5 billion at December&nbsp;31, 2013) compared to the balance sheet value of USD&nbsp;16.0 billion (USD&nbsp;12.9 billion at December&nbsp;31, 2013). For all other financial assets and liabilities, the carrying amount is a reasonable approximation of the fair value. The carrying amount of financial assets included in the line financial and other non-current assets amounted to USD&nbsp;1.7 billion at December 31, 2014 (USD&nbsp;1.5 billion at December&nbsp;31, 2013).</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The Group&#x2019;s exposure to financial risks has not changed significantly during the period and there have been no major changes to the risk management department or in any risk management policies.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">7. Legal proceedings update </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">A number of Novartis companies are, and will likely continue to be, subject to various legal proceedings, including litigations, arbitrations and governmental investigations, that arise from time to time. Legal proceedings are inherently unpredictable. As a result, the Group may become subject to substantial liabilities that may not be covered by insurance and may in the future incur judgments or enter into settlements of claims that could have a material adverse effect on its results of operations or cash flow. Note 20 to the consolidated financial statements contained in our annual report for the year ended December 31, 2013 contains a summary as of the date of that report of significant legal proceedings to which Novartis or its subsidiaries were a party. The following is a summary as of January 26, 2015 of potentially significant developments in those proceedings, as well as any new potentially significant proceedings commenced since the date of the last annual report. Reference is also made to note 20 to the consolidated financial statements contained in our annual report for the year ended December 31, 2014 for a summary of significant legal proceedings.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#000000; font-weight:bold; text-decoration:underline;">Investigations and related litigations<br><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Southern District of New York (SDNY) marketing practices investigation and litigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In April 2013, the US government filed a civil complaint in intervention to an individual <I>qui tam</I> action against Novartis Pharmaceuticals Corporation (NPC) in the United States District Court (USDC) for the SDNY involving several of NPC&#x2019;s cardiovascular medications. The suit is related to a previously disclosed 2011 investigation of the United States Attorney&#x2019;s Office (USAO) for the SDNY relating to marketing practices, including the remuneration of healthcare providers, in connection with three NPC products (<I>Lotrel</I>, <I>Starlix</I> and <I>Valturna</I>). The complaint, as subsequently amended, asserts federal False Claims Act and common law claims with respect to speaker programs for NPC&#x2019;s cardiovascular medications allegedly serving as mechanisms to provide kickbacks to healthcare professionals. It seeks unspecified damages, which according to the complaint are &#x201C;substantial&#x201D;, including treble damages and maximum civil penalties per claim, as well as disgorgement of Novartis profits from the alleged unlawful conduct. In August 2013, New York State filed a civil complaint in intervention asserting similar claims. Neither government complaint in intervention adopted the individual relator&#x2019;s claims with respect to off-label promotion of <I>Valturna</I>, which were subsequently dismissed with prejudice by the court. NPC vigorously contests the SDNY, New York State and individual claims, both as to alleged liability and amount of damages and penalties.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>SDNY specialty pharmacies investigation and litigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In April 2013, the US government filed a civil complaint in intervention to a <I>qui tam</I> action against NPC in the USDC for the SDNY. The suit is related to a previously disclosed 2012 investigation of the USAO for the SDNY into NPC&#x2019;s interactions with certain specialty pharmacies concerning in particular <I>Myfortic</I>, <I>Exjade</I>, <I>Gleevec</I>, <I>Tasigna</I> and <I>TOBI</I>. The complaint, as subsequently amended, asserts federal False Claims Act and state law claims related to alleged unlawful contractual discounts and rebates to specialty pharmacies in connection with <I>Myfortic</I>, and alleged unlawful contractual discounts, rebates and patient referrals to one specialty pharmacy in connection with <I>Exjade</I>. The US government seeks unspecified damages, which according to the complaint are &#x201C;substantial&#x201D;, including treble damages and maximum civil penalties per claim. In January 2014, eleven states filed three complaints in intervention asserting similar claims related to <I>Exjade</I>; and the <I>qui tam</I> relator served on NPC an amended complaint also asserting similar claims with respect to <I>Myfortic</I> and <I>Exjade</I>, as well as claims involving <I>Tasigna</I>, <I>Gleevec</I> and <I>TOBI</I> that the federal and various state governments declined to pursue. NPC vigorously contests all government and relator claims, both as to alleged liability and amount of damages and penalties.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>District of New Jersey (DNJ) investigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In late September 2014, Alcon Laboratories, Inc. (ALI) received a subpoena from the USAO for the DNJ relating to an investigation of Alcon sales practices. ALI is cooperating with this investigation.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>New York state investigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In November 2014, ALI received a civil subpoena from the New York state attorney general relating to an investigation into a unilateral pricing policy program. ALI is at the outset of assessing the facts and is cooperating with this investigation.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Lucentis</I><font style="font-weight: normal;">/Avastin</font><sup>&#xAE;</sup><font style="font-weight: normal;">&nbsp;</font><I>matters in Italy and France</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In 2013, the Italian Competition Authority (ICA) opened an investigation to assess whether Novartis Farma S.p.A., Novartis AG, F. Hoffmann-La Roche AG, Genentech Inc. and Roche S.p.A. colluded to artificially differentiate Avastin<sup>&#xAE;</sup> and <I>Lucentis</I> in order to avoid the erosion of the sales of <I>Lucentis</I> by off-label Avastin<sup>&#xAE;</sup> with the aim of preserving the market position of <I>Lucentis</I> in Italy. In March 2014, the ICA imposed a fine equivalent to USD 125 million on Novartis AG and Novartis Farma S.p.A. and a fine on F. Hoffmann-La Roche AG and Roche S.p.A. equivalent to USD 122 million. Novartis appealed the ICA decision and, as required by Italian law, has paid the ICA fine, subject to the right to later claim recoupment. In December 2014, the Tribunale amministrativo regionale (TAR) del Lazio published a decision rejecting all appeals. Novartis intends to appeal the decision of the TAR Lazio. In October 2014, Novartis also appealed the resolution of the Italian Medicines Agency to include Avastin<sup>&#xAE;</sup> in a list of drugs to be reimbursed off-label. The Italian Ministry of Health (MoH) has indicated in a letter that it intended to seek a total equivalent of approximately USD 1.4 billion in damages from Novartis and Roche entities based on the above allegations, and the Lombardia region has sent a payment request equivalent to approximately USD 71 million. Novartis vigorously contests the MoH and Lombardia claims.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The French Competition Authority carried out an inspection in April 2014 on the premises of Novartis Groupe France and Roche with respect to the French market for anti-vascular endothelial growth factor (VEGF) products indicated for the treatment of wet age-related macular degeneration.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Japan investigations</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis Pharma K.K. (NPKK) has completed a comprehensive investigation with external specialists launched in April 2013 which identified that two former employees of NPKK were not appropriately identified as NPKK employees in the trial publications for five post-registration investigator initiated trials (IITs) regarding valsartan. In October 2013, the Japanese Ministry of Health, Labor and Welfare (MHLW) published an interim report in which it required further actions, including investigations by the government into allegations of exaggerated advertising. None of the trials/publications were used for registration purposes. In July 2014, the Tokyo District Public Prosecutor Office indicted a former NPKK employee, and also NPKK under the dual liability concept in Japanese law, in two counts for alleged manipulation of data in sub-analysis publications of the Kyoto Heart Study regarding valsartan. The charges against NPKK are subject to a maximum total fine of JPY 4 million. Novartis is cooperating fully with the authorities.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Also in January 2014, allegations of inappropriate involvement of NPKK representatives in a nilotinib IIT being conducted by the University of Tokyo Hospital were raised in the media. In February 2014, NPKK established an External Investigation Committee (EIC) to clarify the actual involvement in the IIT as well as the root cause and provide a proposal for preventing recurrence. In March 2014, the EIC issued a final report finding various instances of improper conduct, including improper handling of confidential patient information, document destruction and failure to report adverse events. The MHLW issued a business improvement order in July 2014, following NPKK&#x2019;s disclosure of its failure to report adverse events. Novartis is implementing a business improvement plan and has notified all competent health authorities worldwide about the adverse events reporting issue, and several have requested additional information and clarification from Novartis. In addition to taking remedial action, Novartis also conducted a comprehensive review of NPKK&#x2019;s conduct and business practices related to IITs and the other above issues in Japan, and has released new global guidelines for IITs.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The MHLW plans to issue new guidelines governing the conduct of IITs in Japan, and it is in the process of determining any additional sanctions against NPKK for the above conduct which could potentially include a temporary suspension of certain business activities.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Italy investigations</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In January 2014, the ICA opened an investigation to assess whether Novartis Farma S.p.A. and Italfarmaco S.p.A. colluded on the supply of octreotide acetate (<I>Sandostatin LAR</I> and Longastatina<sup>&#xAE;</sup> LAR, respectively) to prevent competition in tenders issued by the regions of Emilia Romagna, Veneto and Lombardia.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In June 2014, the public prosecutor of Siena initiated a criminal investigation of Novartis Vaccines and Diagnostics S.r.l. with respect to allegations that the transfer price of the adjuvant <I>MF59 </I>was unlawfully marked up. The investigation concerns whether the <I>Focetria</I> and <I>Fluad</I> vaccines sold to the government </font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">were over-priced and whether the Italian Ministry of Health paid an inflated amount in a dispute settlement relating to the supply of <I>Focetria</I> during the 2009 pandemic.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#000000; font-weight:bold; text-decoration:underline;">Product liability matters<br><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Zometa</I><font style="font-weight: normal;">/</font><I>Aredia</I><font style="font-weight: normal;">&nbsp;</font><I>product liability litigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">NPC is a defendant in approximately 525 remaining cases brought in US courts, in which plaintiffs claim to have experienced osteonecrosis of the jaw or atypical femur fracture after treatment with <I>Zometa</I> or <I>Aredia</I>, which are used to treat patients whose cancer has spread to the bones. From the outset of the litigation, approximately 332 cases have been dismissed on pre-trial summary judgment or other dismissal, of which 16 remain on appeal.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Through the end of the fourth quarter of 2014, judgment has been entered in favor of NPC in nine jury trials, seven of which are final, and plaintiffs have obtained one verdict outside the centralized proceedings and six verdicts in the centralized litigation. In the centralized proceedings, juries awarded compensatory damages (averaging approximately USD&nbsp;0.7 million in each case), no punitive damages in four cases, and punitive damages (as capped by applicable state and federal laws) totaling approximately USD&nbsp;1.8 million in the remaining two. Four of the verdicts in favor of plaintiffs in the centralized litigation are not final given remaining post-trial and appeal options in each. In the one plaintiff&#x2019;s verdict outside the centralized proceedings, the jury awarded USD&nbsp;2.65 million in compensatory damages and no punitive damages.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Further trials are scheduled. Individual case results, which can depend on the particular facts of a given case, may not necessarily be predictive for other cases. The cases are being vigorously defended.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#000000; font-weight:bold; text-decoration:underline;">Arbitration<br><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;">
  <font style="font-weight: normal;">Fanapt</font><sup>&#xAE;</sup><I> arbitration: Concluded</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In May 2014, Vanda Pharmaceuticals Inc. commenced an arbitration against Novartis Pharma AG relating to the licensing of Fanapt<sup>&#xAE;</sup>. The case was resolved in the fourth quarter of 2014 for an amount that is not material to Novartis.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#000000; font-weight:bold; text-decoration:underline;">Other Matters<br><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Average Wholesale Price (AWP) litigation</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Claims have been brought by various US state governmental entities against various pharmaceutical companies, including certain Sandoz entities and NPC, alleging that they fraudulently overstated the AWP that is or has been used by payors, including state Medicaid agencies, to calculate reimbursements to healthcare providers. In the second quarter of 2014, Sandoz reached a settlement of the Illinois claims against it for USD 63 million. Further settlements have been obtained in the cases brought by the states of Kansas and Utah against NPC, each for amounts that are not material to Novartis. Actions brought by the states of Illinois, Mississippi, Utah and Wisconsin remain pending against one or more Novartis companies. At least one trial is scheduled for 2015. NPC is also a defendant in a putative class action brought by private payors in New Jersey. The cases are being vigorously defended.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Qui tam action</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In 2006, NPC received a subpoena from the US government seeking certain information regarding the marketing and promotion of <I>Xolair</I>. The investigation, which was previously disclosed, was prompted by a <I>qui tam</I> complaint filed in the District of Massachusetts (D. Mass.) in 2006, asserting various federal False Claims Act and state claims relating to certain alleged improper marketing practices involving <I>Xolair</I>. In addition to the 2006 suit, relator complaints were filed in D. Mass. in 2010 and 2012 against various Novartis, Genentech and Roche entities, containing allegations similar to those in the 2006 complaint. In 2011, the US and various state governments declined to intervene in the relators&#x2019; actions, and closed the investigation. In June 2014, the relator in the 2010 action voluntarily dismissed his claims in that complaint with prejudice; the US and various states subsequently consented to the dismissal. The relator complaints in combination claim more than USD 1.5 billion in alleged treble damages, civil penalties and disgorgement of profits. Novartis denies the allegations both as to the merits and the monetary claims and is vigorously contesting these actions.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:normal;"><I>Consumer class actions</I><br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis companies have been the subject of various consumer lawsuits that are brought as proposed class actions but in which class certification has not been decided. For example, four putative class actions were brought in December 2013 and January 2014 against Novartis and its consumer health </font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">unit. They generally claim that it was a deceptive practice to sell <I>Excedrin</I> Migraine at a higher price than <I>Excedrin</I> Extra Strength when the two have the same active ingredients, even though the products have different labels and clearly disclose their active ingredients. In 2014, three of the four putative class actions were dismissed; the remaining one is pending in the DNJ.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Since November 2012, six putative consumer fraud class action litigations were commenced against Alcon (and in four cases Sandoz) in federal courts in the Southern Districts of Illinois (S.D. Ill.) and Florida and the Districts of Missouri, Massachusetts and New Jersey. They claim that Alcon&#x2019;s, Sandoz&#x2019;s and many other manufacturers defendants&#x2019; eye drop products were deceptively designed so that the drop dosage is more than necessary to be absorbed in the eye or there is too much solution in each bottle for the course of the treatment, leading to wastage and higher costs to patient consumers. Three cases remain pending in the S.D. Ill., D. Mass. and DNJ. Novartis is vigorously defending the remaining cases, both on the merits and with respect to class certification.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">In addition to the matters described above, there have been other developments in the other legal matters described in Note 20 to the consolidated financial statements contained in our annual report for the year ended December 31, 2013. These do not significantly affect the assessment of management concerning the adequacy of the total provisions recorded for legal proceedings.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">8. Subsequent event</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000; font-weight:bold;">Divestment of Animal Health business<br></font>
<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On January 1, 2015, Novartis completed the divestment of its Animal Health division to Eli Lilly and Company, USA, for approximately USD 5.4 billion. This will result in a pre-tax gain of approximately USD 4.6 billion.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">SUPPLEMENTARY INFORMATION (unaudited)</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Non-IFRS disclosures</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"><B><I>Core results</I></B></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The Group&#x2019;s core results &#x2013; including core operating income, core net income and core earnings per share &#x2013; exclude the amortization of intangible assets, impairment charges, expenses relating to the integration of acquisitions as well as other income and expense items that are, or are expected to accumulate within the year to be, over a USD 25 million threshold that management deems exceptional. </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Novartis believes that investor understanding of the Group&#x2019;s performance is enhanced by disclosing core measures of performance because, since they exclude these items which can vary significantly from year to year, the core measures enable better comparison across years. For this same reason, Novartis uses these core measures in addition to IFRS and other measures as important factors in assessing the Group&#x2019;s performance. </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The following are examples of how these core measures are utilized:</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; padding-left:3.75; color:#000000;">&#x2022; In addition to monthly reports containing financial information prepared under International Financial Reporting Standards (IFRS), senior management receives a monthly analysis incorporating these core measures.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; padding-left:3.75; color:#000000;">&#x2022; Annual budgets are prepared that include targets for both IFRS and core measures.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Despite the use of these measures by management in setting goals and measuring the Group&#x2019;s performance, these are non-IFRS measures that have no standardized meaning prescribed by IFRS. As a result, such measures have limits in usefulness to investors.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Because of their non-standardized definitions, the core measures (unlike IFRS measures) may not be comparable to the calculation of similar measures of other companies. These core measures are presented solely to permit investors to more fully understand how the Group&#x2019;s management assesses underlying performance. These core measures are not, and should not be viewed as, a substitute for IFRS measures.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">As an internal measure of Group performance, these core measures have limitations, and the performance management process is not solely restricted to these metrics. A limitation of the core measures is that they provide a view of the Group&#x2019;s operations without including all events during a period, such as the effects of an acquisition or amortization of purchased intangible assets. </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"><B><I>2013 results excluding Diagnostics unit</I></B></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">On January 9, 2014, Novartis completed the divestment to Grifols S.A. of our former blood transfusion diagnostics unit, which had been included in our former Vaccines and Diagnostics Division. Because the divestment occurred near the beginning of 2014, Novartis believes that investor understanding of the Group&#x2019;s performance would be enhanced by disclosing a comparison of the Novartis 2014 results against 2013 results that exclude the results of the divested business, since it will assist investors in evaluating the Group&#x2019;s performance on a more comparable basis from year to year. For this reason, management has used this comparison, in addition to IFRS and other measures, in its assessments of the Group&#x2019;s performance. </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"><B><I>Constant currencies</I></B></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Changes in the relative values of non-US currencies to the US dollar can affect the Group&#x2019;s financial results and financial position. To provide additional information that may be useful to investors, including changes in sales volume, we present information about our net sales and various values relating to operating and net income that are adjusted for such foreign currency effects. </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Constant currency calculations have the goal of eliminating two exchange rate effects so that an estimate can be made of underlying changes in the consolidated income statement excluding the impact of fluctuations in exchanges rates:</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:10pt; padding-left:3.75; color:#000000;">&#x2022; the impact of translating the income statements of consolidated entities from their non-USD functional currencies to USD; and</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; padding-left:3.75; color:#000000;">&#x2022; the impact of exchange rate movements on the major transactions of consolidated entities performed in currencies other than their functional currency.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">We calculate constant currency measures by translating the current year&#x2019;s foreign currency values of the sales and earnings into USD using the average exchange rates from the prior year and comparing them to the prior year values in USD.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">We use these constant currency measures in evaluating the Group&#x2019;s performance, since they may assist us in evaluating our ongoing performance from year to year. However, in performing our evaluation, we also consider equivalent measures of performance which are not affected by changes in the relative value of currencies.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"><B><I>Growth rate calculation</I></B></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">For ease of understanding, Novartis uses a sign convention for its growth rates such that a reduction in operating expenses or losses compared to the prior year is shown as a positive growth.</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"><B><I>Net debt and free cash flow</I></B></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">Net debt and free cash flow are non-IFRS financial measures, which means they should not be interpreted as measures determined under IFRS. Net debt is presented as additional information because management believes it is a useful supplemental indicator of the Group&#x2019;s ability to pay dividends, to meet financial commitments and to invest in new strategic opportunities, including strengthening its balance sheet. Free cash flow is presented as additional information because management believes it is a useful supplemental indicator of the Group&#x2019;s ability to operate without reliance on additional borrowing or usage of existing cash. Free cash flow is a measure of the net cash generated that is available for debt repayment, investment in strategic opportunities and for returning to shareholders. Novartis uses free cash flow in internal comparisons of results from the Group&#x2019;s divisions. Free cash flow of the divisions uses the same definition as for the Group. No tax or financial receipts or payments are included in the division calculations. The definition of free cash flow used by Novartis does not include amounts related to changes in investments in associated companies nor related to acquisitions or divestments of subsidiaries. Free cash flow is not intended to be a substitute measure for cash flow from operating activities as determined under IFRS.</font><br><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Group &#x2013; Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Pharmaceuticals</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Alcon</font>
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    <td></td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Sandoz</font>
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    <td></td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Corporate  continuing operations</font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Total continuing  operations</font>
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    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total  discontinuing  operations</font>
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    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Total<sup></sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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    </td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>IFRS Operating income<sup></sup></b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;611</b></font>
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      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;013</b></font>
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    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>365</b></font>
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    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>172</b></font>
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    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>276</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>85</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-128</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;351</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;333</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;179</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>40</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;172</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;373</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Adjustment for divested blood transfusion diagnostics unit<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -95</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -95</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income excl. Diagnostics<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;611</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;013</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>365</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>276</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>85</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-128</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;351</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;333</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;179</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-55</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;278</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Amortization of intangible assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>70</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>522</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>517</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>96</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>105</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>686</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>692</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>686</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>749</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Impairments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Intangible assets<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">167</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">405</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">572</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Property, plant &amp; equipment related to the Group-wide rationalization of manufacturing sites<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other property, plant &amp; equipment<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">53</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Financial assets<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total impairment charges<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>157</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>86</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>44</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>23</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>218</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>110</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;143</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;361</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>111</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acquisition or divestment related items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">121</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">121</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">196</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">222</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">121</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total acquisition or divestment  related items, net<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 121</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 121</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 200</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 226</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 121</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other exceptional items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Exceptional divestment gains<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-125</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-248</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-282</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-125</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-282</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-125</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Restructuring items<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-28</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">220</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">85</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">41</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">253</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">126</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">255</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">123</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Legal-related items<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Additional exceptional income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-59</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-88</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-83</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-169</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-82</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Additional exceptional expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">59</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">149</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">151</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total other exceptional items<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>116</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-36</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>41</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-9</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-189</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>38</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-52</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>34</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-71</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-123</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>34</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total adjustments<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>366</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>120</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>530</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>679</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>126</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>97</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-144</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>61</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>878</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>957</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;272</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>58</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;150</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;015</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;977</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;133</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>895</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>851</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>416</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>373</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-59</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;229</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;322</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;293</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>25.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>25.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>33.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>32.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>16.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>15.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>24.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>24.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>6.0%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>0.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>22.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>22.1%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">580</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">154</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Core adjustments to income from associated companies, net of tax<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -370</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -370</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -370</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 44</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-163</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-188</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-163</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes (adjusted for above items)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-407</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-418</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-442</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-394</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;857</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;866</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;914</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;892</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core net income attributable to shareholders<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;860</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;836</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>58</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>27</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;918</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;863</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core EPS (USD)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.19</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.17</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.02</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.01</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.18</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="30">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="30">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">56</font>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Group &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Pharmaceuticals</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Alcon</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Sandoz</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Corporate  continuing operations</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Total continuing  operations</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total  discontinuing  operations</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Total<sup></sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>IFRS Operating income<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;471</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;376</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;597</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;232</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;088</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;028</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-653</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;089</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;983</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-353</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-73</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;736</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;910</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Adjustment for divested blood transfusion diagnostics unit<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -239</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -239</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income excl. Diagnostics<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;471</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;376</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;597</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;232</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;088</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;028</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-653</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;089</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;983</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-353</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-312</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;736</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;671</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Amortization of intangible assets<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>276</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>278</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;064</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;989</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>400</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>409</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;743</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;680</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>73</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>220</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;816</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;900</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Impairments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Intangible assets<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">231</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">57</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">277</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">106</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">405</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">682</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">114</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Property, plant &amp; equipment related to the Group-wide rationalization of manufacturing sites<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other property, plant &amp; equipment<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">758</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Financial assets<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">41</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">57</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total impairment charges<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>266</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>74</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>61</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>47</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>17</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>114</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>58</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>433</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>210</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;141</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>49</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;574</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>259</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acquisition or divestment related items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-876</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-876</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">330</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">331</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">196</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">229</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">331</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total acquisition or divestment  related items, net<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 33</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 330</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 33</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 331</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -680</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -647</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 331</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other exceptional items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Exceptional divestment gains<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-237</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-313</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-294</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-531</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-313</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-531</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-313</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Restructuring items<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-83</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-90</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-40</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">632</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">122</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">95</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">77</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">749</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">201</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">777</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">226</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Legal-related items<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">- Expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">125</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">85</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">118</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Additional exceptional income<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-158</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-315</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-75</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-502</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-583</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-205</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Additional exceptional expense<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">162</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">63</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">102</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">105</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">114</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">387</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">242</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">411</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">244</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total other exceptional items<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>468</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-205</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>144</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>82</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>87</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-473</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>175</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-38</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>27</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>137</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>30</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total adjustments<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;043</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>147</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;214</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;462</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>483</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>513</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-356</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>102</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;384</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;224</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>496</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>296</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;880</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;520</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;514</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;523</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;811</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;694</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;571</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;541</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-423</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-551</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;473</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;207</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>143</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-16</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;616</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;191</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>29.9%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>29.6%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>35.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>35.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>16.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>16.8%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>27.7%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>27.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>2.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>25.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>24.7%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;102</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">597</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;918</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">599</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;920</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">600</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Core adjustments to income from associated companies, net of tax<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -163</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 277</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -975</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 277</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -975</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 277</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-704</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-683</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-704</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-683</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other financial income and expense<sup>1</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-48</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes (adjusted for above items)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;028</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;057</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;071</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;986</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;653</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;295</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>102</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>56</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;755</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;351</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core net income attributable to shareholders<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;580</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;175</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>105</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>59</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;685</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;234</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Core EPS (USD)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.19</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4.99</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.04</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.02</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.23</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.01</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="30">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="30">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>2013 adjusted for USD 44 million devaluation loss.</div>
    </td>
  </tr>
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    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">57</font>
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    <hr style="COLOR: black" noshade size="2">
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Group &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Q4 2013 <br>Core results<br>excluding<br>Diagnostics<sup>      5</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;504</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>672</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>254</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>47</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;477</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;671</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>686</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;361</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>226</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-123</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;322</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;293</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;576</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>736</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;362</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>226</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-544</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;356</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;286</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup>6</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-442</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-394</font>
    </td>
    <td align="right"></td>
    <tr>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;487</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;914</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;892</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>EPS (USD)<sup>7</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.62</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.18</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;369</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">672</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">254</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;396</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4&nbsp;462</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;676</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;669</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;913</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;753</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;531</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;601</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-844</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-821</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-807</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">689</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-476</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">208</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">315</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;748</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">901</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">222</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">282</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-342</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-372</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">579</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-421</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">209</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">198</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms; Other expense includes amortization of intangible assets; Income from associated companies includes USD 50 million for the Novartis share of the estimated Roche core items.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold, Research &amp; Development, Other income and Other expense include principally net impairment charges or reversals related to intangible assets, property, plant and equipment and financial assets; Cost of goods sold and Other expense include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business; Other expense also includes an additional  impairment charge incurred in Corporate, for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes an adjustment to the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes costs related to the planned acquisition of GSK oncology assets as well as professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold includes charges for the Group-wide rationalization of manufacturing sites; Marketing &amp; Sales, Research &amp; Development and General &amp; Administration include charges for transforming IT and finance processes; Other income includes manufacturing sites rationalization gains, product related divestment gains and gains in the Novartis Venture Fund, and the impact from a post-retirement medical plan amendment; Other expense also includes restructuring provision charges, charges for transforming IT, and a write-off of a receivable as a result of the proposed portfolio transformation transactions; Income from associated companies includes the gain from the divestment of the Lohmann shareholding.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>5&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>6&nbsp;</sup>Taxes on the adjustments between IFRS and core results take into account, for each individual item included in the adjustment, the tax rate that will finally be applicable to the item based on the jurisdiction where the adjustment will finally have a tax impact. Generally, this results in amortization and impairment of intangible assets and acquisition-related restructuring and integration items having a full tax impact. There is usually a tax impact on exceptional items although this is not the case for items arising from criminal settlements in certain jurisdictions. Adjustments related to income from associated companies are recorded net of any related tax effect. Due to these factors and the differing effective tax rates in the various jurisdictions, the tax on the total adjustments of USD 1.8 billion to arrive at the core results before tax amounts to USD 353 million. The average tax rate on the adjustments is 19.8% due to the adjustment required in the quarter by applying the estimated full year tax charge to the year-to-date pre-tax income of the period.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>7&nbsp;</sup>Earnings per share (EPS) is calculated on the amount of net income attributable to shareholders of Novartis AG.</div>
    </td>
  </tr>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Group &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>FY 2013 <br>Core results<br>excluding<br>Diagnostics<sup>      5</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>39&nbsp;175</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;757</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>281</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-120</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>42&nbsp;093</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>41&nbsp;763</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;736</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;816</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;574</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-647</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>137</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;616</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;191</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;921</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;073</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;575</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-647</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;096</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;826</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;337</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes<sup>6</sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;641</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;071</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;986</font>
    </td>
    <td align="right"></td>
    <tr>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #ffffff 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
      <td style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;280</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;755</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;351</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #ffffff 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
      <td style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>EPS (USD)<sup>7</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4.21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.23</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5.01</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;280</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">978</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">699</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20&nbsp;101</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;757</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">281</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">182</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16&nbsp;881</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16&nbsp;291</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14&nbsp;189</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14&nbsp;167</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14&nbsp;477</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;943</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">298</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;572</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;613</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;047</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">64</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;983</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;014</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;380</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-876</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-902</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">586</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">799</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;640</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;011</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">229</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;056</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;341</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;267</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Income before taxes<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;920</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">257</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;233</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">945</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">877</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms; Other expense includes amortization of intangible assets; Income from associated companies includes USD 257 million for the Novartis share of the estimated Roche core items.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold, Research &amp; Development, Other income and Other expense consist principally of net impairment charges or reversals related to intangible assets, property, plant and equipment and financial assets; Cost of goods sold and Other expense also include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business; Other expense also includes an additional impairment charge incurred in Corporate, for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes costs related to the planned acquisition of GSK oncology assets as well as professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Other revenues includes an amount for a commercial settlement; Cost of goods sold includes charges for the Group-wide rationalization of manufacturing sites; Marketing &amp; Sales, Research &amp; Development and General &amp; Administration include charges for transforming IT and finance processes; Other income includes product related divestment gains and gains in the Novartis Venture Fund, an insurance recovery net of a deferred amount, a partial reversal of a legal expense provision, a reduction in restructuring provisions, and the impact from a post-retirement medical plan amendment; Other expense includes restructuring provision charges, charges for transforming IT and finance processes, an expense related to <I>Lucentis</I> in Italy, the expense of USD 204 million related to the advancement of the timing of recording the US Healthcare Fee liability as a result of final regulations, and a write-off of a receivable as a result of the proposed portfolio transformation transactions; Income from associated companies includes gains from the divestment of Idenix and Lohmann shareholdings.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>5&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>6&nbsp;</sup>Taxes on the adjustments between IFRS and core results take into account, for each individual item included in the adjustment, the tax rate that will finally be applicable to the item based on the jurisdiction where the adjustment will finally have a tax impact. Generally, this results in amortization and impairment of intangible assets and acquisition-related restructuring and integration items having a full tax impact. There is usually a tax impact on exceptional items although this is not the case for items arising from criminal settlements in certain jurisdictions. Adjustments related to income from associated companies are recorded net of any  related tax effect. Due to these factors and the differing effective tax rates in the various jurisdictions, the tax on the total adjustments of USD 2.9 billion to arrive at the core results before tax amounts to USD 430 million. The average tax rate on the adjustments is 14.8 % since the estimated full year tax charge has been applied to the pre-tax income of the period.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>7&nbsp;</sup>Earnings per share (EPS) is calculated on the amount of net income attributable to shareholders of Novartis AG.</div>
    </td>
  </tr>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Pharmaceuticals &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;383</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>59</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-58</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;415</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;773</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;611</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>157</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>116</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;977</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;133</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;709</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">59</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-58</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;677</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;712</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;157</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;155</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;330</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;073</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">213</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;868</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;958</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-108</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">118</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-463</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">207</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-218</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-198</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of good sold includes partial reversal of previously impaired production assets, partly offset by the impairment of intangible assets related to a marketed product; Research &amp; Development includes impairment charges for in process projects and termination of collaboration and license agreements; Other income relates to impairment reversals of property, plant and equipment; Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense includes costs related to the planned acquisition of GSK oncology assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold and Research &amp; Development include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes gains related to the rationalization of manufacturing sites, the impact from a post-retirement medical plan amendment, as well as additional gains from divestments announced in prior periods; Other expense includes mostly restructuring charges.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">60</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Pharmaceuticals &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>25&nbsp;793</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>238</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-58</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>127</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26&nbsp;100</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26&nbsp;492</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;471</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>276</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>266</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>33</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>468</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;514</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;523</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;889</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">238</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-58</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">127</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;582</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;421</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;178</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;176</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;487</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7&nbsp;331</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">289</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6&nbsp;997</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7&nbsp;161</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;009</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;008</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;051</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">734</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-451</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">270</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">263</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;538</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">782</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-675</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-533</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of good sold includes partial reversal of previously impaired production assets, partly offset by the impairment of intangible assets related to a marketed product; Research &amp; Development includes impairment charges for in process projects and termination of collaboration and license agreements; Other income relates to impairment reversals of property, plant and equipment; Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense includes costs related to the planned acquisition of GSK oncology assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold, Research &amp; Development and Marketing &amp; Sales include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes an insurance recovery from Corporate related to exchange risks, gains related to the rationalization of manufacturing sites, the impact from a post-retirement medical plan amendment, as well as additional gains from divestments announced in prior periods; Other expense include restructuring charges, an expense related to <I>Lucentis</I> in Italy and an expense of USD 157 million related to the advancement of the timing of recording the US Healthcare Fee liability as a result of final regulations.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">61</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Alcon &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;404</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>517</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;924</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;880</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>365</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>522</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>895</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>851</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;320</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">517</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-800</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-792</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-641</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-636</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-648</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-247</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-232</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-236</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-162</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-148</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-142</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Other expense includes the reversal of impairment charges related to property, plant and equipment.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Marketing &amp; Sales and General &amp; Administration include charges for transforming IT and finance processes; Research &amp; Development includes a net increase of contingent consideration liabilities related to acquisitions; Other income includes the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites and the impact from a post-retirement medical plan amendment.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">62</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Alcon &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;717</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;056</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>26</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;799</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;665</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;597</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;064</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>144</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;811</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;694</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;193</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;056</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;111</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;908</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;474</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;454</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;452</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-928</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-903</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-939</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-613</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-568</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-564</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-52</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-184</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">95</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Research &amp; Development includes impairment charges for in process projects; Other income includes a reversal of impairment charges related to property, plant and equipment.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Marketing &amp; Sales and General &amp; Administration include charges for transforming IT and finance processes; Research &amp; Development includes a net increase of contingent consideration liabilities related to acquisitions; Other income includes the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites, as well as the impact from a post-retirement medical plan amendment; Other expense also includes an expense of USD 29 million related to the advancement of the timing of recording the US Healthcare Fee liability as a result of final regulations.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">63</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Sandoz &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;058</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>96</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;169</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;119</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>96</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>416</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>373</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;527</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">96</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;416</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;375</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-217</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-208</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-29</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold and Research &amp; Development include charges related to impairment of intangible assets; Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense relates to restructuring charges.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">64</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Sandoz &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;109</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>398</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>37</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;554</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;424</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;088</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>400</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>47</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;571</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;541</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">398</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;306</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5&nbsp;047</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-827</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-823</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-785</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">93</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-190</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-152</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-152</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold and Research &amp; Development include charges related to impairment of intangible assets; Other income includes a reversal of impairment charges related to property, plant and equipment; Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include net restructuring charges; Other income includes the reversal of restructuring charges; Other expense also includes an expense of USD 18 million related to the advancement of the timing of recording the US Healthcare Fee liability as a result of final regulations.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">65</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Corporate continuing &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>110</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>85</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>44</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-189</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-59</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-178</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-169</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-169</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">312</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-248</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">64</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">104</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-142</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-47</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-112</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Other expense includes amortization of intangible assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: General &amp; Administration includes expenses related to setup costs for Novartis Business Services; Other income relates to gains in the Novartis Venture Fund; Other expense includes charges for transforming IT and finance processes, as well as a provision for a legal settlement.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">66</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Corporate continuing &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>670</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-302</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>368</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>211</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-67</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>114</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-473</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-423</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-551</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">540</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">238</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">84</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-618</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-600</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-589</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">481</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-307</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">174</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">246</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-600</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">114</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-365</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-419</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
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    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Other expense includes amortization of intangible assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Other expense includes impairment charges related to property, plant and equipment and financial assets.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Other revenues includes an amount for a commercial settlement; General &amp; Administration includes expenses related to setup costs for Novartis Business Services; Other income includes an insurance recovery transferred to Pharmaceuticals net of a deferred amount and gains in the Novartis Venture Fund; Other expense includes charges for transforming IT and finance processes, as well as a provision for a legal settlement.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Discontinuing operations &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Q4 2013<br>Core results<br>excluding<br>Diagnostics<sup>      4</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>566</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>302</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>876</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>789</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;179</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;143</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>200</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-71</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;022</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-712</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-779</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">45</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;065</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">840</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">196</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Impairments:  Cost of goods sold and Other expense include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business;  Other income includes a revision to a reversal of an impairment charge for property, plant and equipment; Other expense relates to an additional impairment charge incurred in Corporate, for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes an adjustment to the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites, and the gain on the sale of a divested product, which was sold as a result of the proposed portfolio transformation transactions; Other expense includes the write-off of a receivable as a result of the proposed portfolio transformation transactions, partially offset by prior period professional service fees which have been reclassed as acquisition related items.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
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    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">68</font>
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<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Discontinuing operations &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>FY 2013<br>Core results<br>excluding<br>Diagnostics<sup>      5</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;886</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>65</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>302</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>19</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;272</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;971</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-353</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>73</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;141</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-680</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-38</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>143</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-16</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3&nbsp;073</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;687</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;650</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-857</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-849</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-728</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;007</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-876</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">41</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">163</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;146</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">840</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">196</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-120</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets up to the portfolio transformation annoucement date; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms up to the portfolio transformation annoucement date.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold and Other expense include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business;  Other income includes a reduction of an impairment charge for property, plant and equipment; Other expense relates to an additional impairment charge in Corporate, for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes the gain on the sale of a divested product, which was sold as a result of the proposed portfolio transformation transaction, the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites, the partial reversal of a legal expense provision, and the impact from a post-retirement medical plan amendment; Other expense also includes the write-off of a receivable as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>5&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">69</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Vaccines &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Q4 2013<br>Core results<br>excluding<br>Diagnostics<sup>      4</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-63</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>302</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>240</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>167</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1&nbsp;084</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;071</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-11</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-52</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-584</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-281</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-354</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-784</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">769</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Impairments: Cost of goods sold and Other expense include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes an adjustment to the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold relates to restructuring charges; Other expense includes prior period professional service fees which have been reclassed as acquisition related items, as well as an adjustment to a restructuring charge.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">70</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Vaccines &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>FY 2013<br>Core results<br>excluding<br>Diagnostics<sup>      5</sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>298</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>49</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>302</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>650</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>529</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-552</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;071</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-862</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-302</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;336</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">49</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-984</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-981</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-545</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-537</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-423</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">905</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-876</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">769</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets up to the portfolio transformation announcement date; Research &amp; Development includes the recurring amortization of acquired rights for technology platforms up to the portfolio transformation announcement date.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Cost of goods sold and Other expense include the USD 1.1 billion impairment charge as a result of the proposed sale of the influenza vaccines business.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other income includes the gain on the disposal of the blood transfusion diagnostics unit on January 9, 2014; Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold relates to restructuring charges; Other expense includes an adjustment to a restructuring charge.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>5&nbsp;</sup>2013 figures exclude the blood transfusion diagnostics unit which was divested on January 9, 2014.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">71</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
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    <hr style="COLOR: black" noshade size="2">
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</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Consumer Health &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>629</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>636</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>622</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>23</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-81</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>115</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>60</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-438</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-431</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-425</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">83</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Impairments: Other income includes an adjustment to an impairment charge reversal for property, plant and equipment.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense also includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes the gain on the sale of a divested product, which was sold as a result of the proposed portfolio transformation transaction, as well as the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites;  Other expense includes prior period professional service fees which have been reclassed as acquisition related items.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">72</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013; Reconciliation from IFRS results to core results &#x2013; Consumer Health &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      4</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;588</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;622</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;442</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>470</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>23</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-56</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>452</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>298</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Gross Profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;703</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;669</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#ffffff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Income<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">99</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">77</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-60</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Amortization of intangible assets: Cost of goods sold includes recurring amortization of acquired rights to in-market products and other production-related intangible assets up to the portfolio transformation announcement date.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Impairments: Other income includes a reduction of an impairment charge for property, plant and equipment.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>4&nbsp;</sup>Other exceptional items: Cost of goods sold and Other expense include net restructuring charges related to the Group-wide rationalization of manufacturing sites; Other income includes the gain on the sale of a divested product, which was sold as a result of the proposed portfolio transformation transaction, the reversal of restructuring charges related to the Group-wide rationalization of manufacturing sites, the partial reversal of a legal expense provision, and the impact from a post-retirement medical plan amendment.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">73</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Corporate discontinuing &#x2013; Fourth quarter </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Q4 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-267</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>71</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>159</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-16</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-265</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Impairments: Other expense relates to an impairment charge incurred for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Other expense relates to a write-off of a receivable as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">74</font>
  </div>
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    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">CORE RESULTS &#x2013;<font style="font-weight: normal;">&nbsp;</font>Reconciliation from IFRS results to core results &#x2013; Corporate discontinuing &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>IFRS results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>Amortization of <br>intangible assets<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br><br>Impairments<sup>      1</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Acquisition or <br>divestment related <br>items, including <br>restructuring<br>and integration<br>charges<sup>      2</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br>Other<br>exceptional <br>items<sup>      3</sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2014<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br><br><br>FY 2013<br>Core results<sup>      </sup></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD millions<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="24%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="6%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="16" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-271</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>71</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>159</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>22</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-19</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-12</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td bgcolor="#cceeff" height="16px" colspan="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="32">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>The following are adjustments to arrive at Core Operating Loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-274</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="16" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Impairments: Other expense relates to an impairment charge incurred for an in-process project which is pending divestment as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Acquisition or divestment related items, including restructuring and integration charges: Other expense includes professional service fees related to the portfolio transformation divestment activities.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>3&nbsp;</sup>Other exceptional items: Other expense relates to a write-off of a receivable as a result of the proposed portfolio transformation transactions.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">75</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Condensed consolidated changes in net debt<font style="font-weight: normal;">&nbsp;</font>
</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="56%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Change in cash and cash equivalents<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;382</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>324</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in marketable securities, commodities,  financial debt and financial derivatives<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;316</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Reduction in net debt<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;631</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;640</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net debt at October 1<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9&nbsp;180</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11&nbsp;436</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net debt at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6&nbsp;549</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8&nbsp;796</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="56%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Change in cash and cash equivalents<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;336</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;135</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in marketable securities, commodities,  financial debt and financial derivatives<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -4&nbsp;089</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;676</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Reduction in net debt<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;247</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;811</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Net debt at January 1<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8&nbsp;796</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11&nbsp;607</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net debt at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6&nbsp;549</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8&nbsp;796</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Components of net debt</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31,<br>2013<br>USD m</font>
    </td>
    <td></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="56%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Current financial debts and derivative  financial instruments<sup></sup></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -6&nbsp;612</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -6&nbsp;776</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Non-current financial debts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13&nbsp;799</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11&nbsp;242</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Less liquidity:<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cash and cash equivalents<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13&nbsp;023</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;687</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketable securities, commodities  and derivative financial instruments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 839</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;535</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net debt at December 31<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6&nbsp;549</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8&nbsp;796</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Share information </font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Dec 31, <br>2014<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Dec 31, <br>2013<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="6" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="56%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Number of shares outstanding<sup></sup></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;398&nbsp;626&nbsp;257</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="14%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;426&nbsp;084&nbsp;308</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Registered share price (CHF)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>92.35</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71.20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">ADR price (USD)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>92.66</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">80.38</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Market capitalization (USD billion)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>223.7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">194.2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Market capitalization (CHF billion)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>221.5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">172.7</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="6" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">76</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Free cash flow </font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;351</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;333</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Reversal of non-cash items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Depreciation, amortization and impairments<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;291</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;211</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">80</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Change in provisions and other non-current liabilities<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">316</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">204</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">112</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-112</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income adjusted for non-cash items<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;840</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;742</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>98</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial receipts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">394</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">459</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial payments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-168</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-90</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes paid<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-559</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-509</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-50</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Payments out of provisions and other  net cash movements in non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -251</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -302</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 51</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in inventory and trade  receivables less trade payables<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;422</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;332</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 90</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in other net current assets and  other operating cash flow items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -146</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 191</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows from operating activities from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;723</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;962</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>761</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-830</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;048</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">218</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of intangible, financial  and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -304</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -218</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -86</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Proceeds from sales of property, plant &amp; equipment,  intangible, financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 366</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 179</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 187</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Free cash flow from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;955</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;875</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;080</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Free cash flow from discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">464</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">444</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total free cash flow<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;419</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;319</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="44%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income from continuing operations<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;089</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;983</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="11%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>106</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Reversal of non-cash items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Depreciation, amortization and impairments<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;462</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">289</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Change in provisions and other non-current liabilities<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;490</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">736</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">754</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Other<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">122</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">307</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-185</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income adjusted for non-cash items<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>17&nbsp;452</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16&nbsp;488</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>964</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial receipts<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;067</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">539</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">528</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Interest and other financial payments<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-692</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-631</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Taxes paid<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;179</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;054</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-125</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Payments out of provisions and other  net cash movements in non-current liabilities<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;125</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -947</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -178</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in inventory and trade  receivables less trade payables<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -731</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -588</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -143</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Change in other net current assets and  other operating cash flow items<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 106</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -190</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 296</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Cash flows from operating activities from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;898</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12&nbsp;617</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;281</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of property, plant &amp; equipment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;624</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2&nbsp;903</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">279</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Purchase of intangible, financial  and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1&nbsp;079</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -665</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -414</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Proceeds from sales of property, plant &amp; equipment,  intangible, financial and other non-current assets<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 739</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 472</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 267</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Free cash flow from continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;934</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;521</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;413</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Free cash flow from discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-172</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">424</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-596</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total free cash flow<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;762</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;945</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>817</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="8" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">77</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Supplementary tables: Fourth quarter&#x2013; Net sales of the top 20 pharmaceutical products in 2014</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">US</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Rest of world</font>
    </td>
    <td></td>
    <td colspan="5" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total</font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="5" style="border-bottom: solid #999999 1px;"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>Brands</font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Business Franchise</font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Indication</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>% change <br>in USD<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies</font>
    </td>
    <td></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Gleevec/Glivec<sup></sup></i></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td width="12%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Oncology</font>
    </td>
    <td align="right" width="2%"></td>
    <td width="12%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Chronic myeloid leukemia</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 624</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 12</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 613</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;237</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 5</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Gilenya<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Relapsing multiple sclerosis</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 325</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 341</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 666</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 32</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Lucentis<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Ophthalmics</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Age-related  macular degeneration</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 588</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 588</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Diovan/Co&#x2013;Diovan<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Hypertension</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">83</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">296</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>379</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-55</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-53</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Sandostatin<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acromegaly</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">198</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">218</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>416</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Afinitor/Votubia<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Breast cancer</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">202</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>426</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>24</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Tasigna<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Chronic myeloid leukemia</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 152</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 276</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 428</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 22</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 30</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Exforge<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Hypertension</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-77</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">278</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>298</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-20</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-14</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Galvus<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Diabetes</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">295</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>295</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-10</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><I>Exelon/Exelon</I> Patch<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Alzheimer's disease</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">120</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">120</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>240</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Exjade<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Iron chelator</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">162</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>243</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Xolair<sup>1</sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Asthma</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">200</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>200</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>25</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Neoral/Sandimmun<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">150</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>164</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-16</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-9</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><I>Voltaren </I> (excl. other divisions)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Inflammation/pain</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 172</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 172</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Myfortic<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">97</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>131</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-18</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-10</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Ritalin/Focalin<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Attention deficit/ hyperactivity disorder</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 86</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 128</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -20</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -18</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Femara<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Breast cancer</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">80</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>98</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Comtan/Stalevo<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Parkinson&#x2019;s disease</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">87</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>89</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-14</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Tegretol<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Epilepsy</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">67</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>86</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Zortress/Certican<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">80</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">67</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>85</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>35</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>45</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Top 20 products total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;009</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;360</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;369</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Rest of portfolio<sup></sup></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">365</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;126</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;491</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Division sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;374</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;486</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;860</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="20">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup><b></b></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="20">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Net sales reflect <I>Xolair</I> sales for all indications (i.e. <I>Xolair</I> SAA and <I>Xolair</I> CSU, which are managed by the Integrated Hospital Care franchise).</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">78</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Supplementary tables: Full year &#x2013; Net sales of the top 20 pharmaceutical products in 2014</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">US</font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Rest of world</font>
    </td>
    <td></td>
    <td colspan="5" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Total</font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="5" style="border-bottom: solid #999999 1px;"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="5" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>Brands</font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Business Franchise</font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>Indication</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br><br>USD m<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>% change <br>in USD<sup>   </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change <br>in constant<br> currencies</font>
    </td>
    <td></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Gleevec/Glivec<sup></sup></i></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td width="12%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Oncology</font>
    </td>
    <td align="right" width="2%"></td>
    <td width="12%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Chronic myeloid leukemia</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;170</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 12</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;576</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -5</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 4&nbsp;746</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="4%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 2</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Gilenya<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Relapsing multiple sclerosis</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;190</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1&nbsp;287</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 2&nbsp;477</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 28</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 30</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Lucentis<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Ophthalmics</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Age-related  macular degeneration</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2&nbsp;441</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 2&nbsp;441</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Diovan/Co&#x2013;Diovan<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Hypertension</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">960</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;385</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;345</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-33</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-32</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Sandostatin<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Acromegaly</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">751</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">899</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;650</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Afinitor/Votubia<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Breast cancer</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">805</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">770</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;575</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>20</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>22</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Tasigna<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Chronic myeloid leukemia</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 540</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 989</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;529</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 21</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 24</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Exforge<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Hypertension</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">284</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;396</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Galvus<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Diabetes</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;224</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><I>Exelon/Exelon</I> Patch<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Alzheimer's disease</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">485</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">524</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;009</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Exjade<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Iron chelator</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">307</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">619</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>926</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Xolair<sup>1</sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Primary Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Asthma</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">777</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>777</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>27</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>30</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Neoral/Sandimmun<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">629</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>684</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-9</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><I>Voltaren </I> (excl. other divisions)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Inflammation/pain</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 632</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 632</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -3</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Myfortic<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">149</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">394</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>543</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-15</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-11</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i> Ritalin/Focalin<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Attention deficit/ hyperactivity disorder</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 327</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 165</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 492</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -17</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> -16</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Femara<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Oncology</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Breast cancer</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">353</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>380</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Comtan/Stalevo<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Neuroscience</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Parkinson&#x2019;s disease</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">352</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>371</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Tegretol<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Epilepsy</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">82</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">264</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>346</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><i>Zortress/Certican<sup></sup></i></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Integrated Hospital Care</font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Transplantation</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">60</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">88</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">267</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>327</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>36</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Top 20 products total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;211</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>17&nbsp;659</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>25&nbsp;870</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Rest of portfolio<sup></sup></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;561</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;360</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;921</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Division sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;772</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>22&nbsp;019</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31&nbsp;791</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="20" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="20">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup><b></b></div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="20">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Net sales reflect <I>Xolair</I> sales for all indications (i.e. <I>Xolair</I> SAA and <I>Xolair</I> CSU, which are managed by the Integrated Hospital Care franchise).</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">79</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Pharmaceuticals net sales by business franchise &#x2013; Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change<br>cc</font>
    </td>
    <td></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="36%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Primary Care<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Onbrez Breezhaler/Arcapta Neohaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">53</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Seebri Breezhaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">68</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">88</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ultibro Breezhaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Subtotal COPD<sup>1</sup> portfolio<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>149</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>84</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>77</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>94</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Galvus<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">295</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">328</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Xolair<sup>2</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">200</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">173</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>TOBI<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">88</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Other<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>717</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>683</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diovan<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">379</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">843</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-53</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exforge<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">298</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">372</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tekturna/Rasilez<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">59</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">274</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">352</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Established medicines<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>998</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;626</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-39</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-34</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Primary Care products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;715</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;309</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-26</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-20</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Oncology<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Gleevec/Glivec<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;237</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;227</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tasigna<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">428</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">352</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Subtotal Bcr-Abl franchise<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;665</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;579</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Sandostatin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">416</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">416</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Afinitor/Votubia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">426</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">361</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exjade<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">243</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">244</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Femara<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">98</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Jakavi<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">84</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">47</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">79</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zometa<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">57</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">94</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Proleukin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-42</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zykadia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">60</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Oncology products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;082</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;927</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Neuroscience<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Gilenya<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">666</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">527</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exelon/Exelon <font style='font-style: normal;'>Patch</font><sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">240</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">250</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Comtan/Stalevo<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">89</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">103</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Extavia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-24</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;054</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>938</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>12</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>18</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Neuroscience products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;154</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;050</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Ophthalmics<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Lucentis<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">588</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">630</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Opthalmics products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>601</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>644</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Integrated Hospital Care (IHC)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Neoral/Sandimmun<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">164</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">195</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Myfortic<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">131</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zortress/Certican<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">85</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">63</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">45</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ilaris<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">54</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">54</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>479</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>497</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Everolimus stent drug<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">62</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">259</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total IHC products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>765</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>802</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Established medicines - additional products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><I>Voltaren</I> (excl. other divisions)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">172</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">176</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ritalin/Focalin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">128</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">161</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-18</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tegretol<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">86</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">90</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Trileptal<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">59</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">69</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Foradil<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">43</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">55</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total additional products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>543</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>591</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;933</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;689</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Total established medicines and additional products<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;927</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;634</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Division net sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;860</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;323</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="10">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="10">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Chronic Obstructive Pulmonary Disease</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="10">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Net sales reflect <I>Xolair</I> sales for all indications (i.e. <I>Xolair</I> SAA and <I>Xolair</I> CSU, which are managed by the Integrated Hospital Care franchise).</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="10">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;">nm = not meaningful</font>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">80</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Pharmaceuticals net sales by business franchise &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% change<br>cc</font>
    </td>
    <td></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="36%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Primary Care<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Onbrez Breezhaler/Arcapta Neohaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">220</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">192</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Seebri Breezhaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">146</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">58</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">152</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ultibro Breezhaler<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">118</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Subtotal COPD<sup>1</sup> portfolio<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>484</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>256</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>89</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>93</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Galvus<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;200</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Xolair<sup>2</sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">777</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">613</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>TOBI<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">281</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">387</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-26</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">46</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;812</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;496</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>16</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Diovan<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;345</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;524</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exforge<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;396</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;456</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tekturna/Rasilez<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">207</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">290</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-27</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;201</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;312</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Established medicines<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;149</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;582</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-22</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-20</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Primary Care products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;961</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;078</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-12</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-10</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Oncology<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Gleevec/Glivec<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;746</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;693</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tasigna<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;529</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;266</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Subtotal Bcr-Abl franchise<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6&nbsp;275</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5&nbsp;959</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Sandostatin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;650</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;589</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Afinitor/Votubia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;575</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;309</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exjade<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">926</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">893</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Femara<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">380</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">384</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Jakavi<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">279</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">163</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zometa<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">264</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">600</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-55</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Proleukin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-19</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zykadia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">nm</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">249</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">228</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Oncology products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;703</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11&nbsp;216</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Neuroscience<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Gilenya<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;477</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;934</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Exelon/Exelon <font style='font-style: normal;'>Patch</font><sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;009</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;032</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Comtan/Stalevo<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">371</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">401</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Extavia<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">177</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">159</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">66</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;604</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>15</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">409</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">444</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Neuroscience products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;509</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;048</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b><sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Ophthalmics<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Lucentis<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;441</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;383</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">63</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Opthalmics products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;504</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;444</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Specialty - Integrated Hospital Care (IHC)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Neoral/Sandimmun<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">684</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">750</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Myfortic<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">543</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">637</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Zortress/Certican<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">327</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">249</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ilaris<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">199</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">119</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">67</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">69</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">173</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">169</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;926</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;924</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Everolimus stent drug<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">247</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-18</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Established medicines<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">981</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total IHC products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;112</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3&nbsp;283</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Established medicines - additional products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><I>Voltaren</I> (excl. other divisions)<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">632</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">675</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Ritalin/Focalin<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">492</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">594</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-16</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Tegretol<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">346</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">342</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Trileptal<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">265</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">257</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>Foradil<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">175</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">205</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">92</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total additional products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;002</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;145</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-4</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total strategic franchise products<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>23&nbsp;045</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>21&nbsp;684</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Total established medicines and additional products<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8&nbsp;746</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10&nbsp;530</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Division net sales<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31&nbsp;791</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>32&nbsp;214</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="10">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="10">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Chronic Obstructive Pulmonary Disease</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="10">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Net sales reflect <I>Xolair</I> sales for all indications (i.e. <I>Xolair</I> SAA and <I>Xolair</I> CSU, which are managed by the Integrated Hospital Care franchise).</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="10">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;">nm = not meaningful</font>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">81</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Net sales by region<sup>1</sup> &#x2013; Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<sup> </sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">% change<sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<sup> </sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">USD m<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">USD<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">cc<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% of total</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">% of total<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="28%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Pharmaceuticals<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;733</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;847</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;374</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;572</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;880</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;105</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">873</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">799</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7&nbsp;860</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8&nbsp;323</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;687</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;256</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;173</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;067</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Alcon<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">695</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">749</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;108</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;028</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">41</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">610</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">597</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">290</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">281</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;703</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;655</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;995</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;994</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">708</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">661</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Sandoz<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;111</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;207</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">935</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">308</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">316</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">158</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">151</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;512</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;411</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;877</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;735</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">635</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">676</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;539</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;803</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;417</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;337</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;798</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;018</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;321</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;231</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;075</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>13&nbsp;389</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9&nbsp;559</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9&nbsp;985</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">73</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;516</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;404</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Vaccines<sup>2</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">198</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">165</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">128</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">171</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-25</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">81</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">95</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">87</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">73</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>494</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>504</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">340</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">352</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">69</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">154</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">152</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">30</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consumer Health<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">465</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">506</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">44</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">49</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">247</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">210</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">202</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">128</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">116</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;064</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;034</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>11</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">682</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">663</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">64</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">64</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">382</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">371</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;202</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;474</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;792</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;718</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;103</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;315</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;536</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;420</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total (excluding divested blood transfusion  diagnostics unit sales)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  14&nbsp;633</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  14&nbsp;927</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  -2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10&nbsp;581</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;000</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;052</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;927</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Divested blood transfusion  diagnostics unit sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 152</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Group<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>14&nbsp;633</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>15&nbsp;079</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="14">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Net sales from operations by location of third party customer. Emerging Growth Markets comprise all markets other than the Established Markets of the US, Canada, Western Europe, Japan, Australia and New Zealand.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>2013 figures for Vaccines exclude the blood transfusion diagnostics unit that was divested on January 9, 2014.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">82</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Net sales by region<sup>1</sup> &#x2013; Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<sup> 2</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">% change<sup></sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<sup> </sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
      <td height="1"></td>
      <td height="1" width="3" style="border-bottom: solid #FFFFFF 1px;"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">USD m<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">USD<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">cc<sup> </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">% of total</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">% of total<sup> </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="28%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Pharmaceuticals<sup></sup></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="7%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;245</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10&nbsp;993</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9&nbsp;772</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10&nbsp;256</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;655</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;947</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;119</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;018</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>31&nbsp;791</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>32&nbsp;214</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23&nbsp;653</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24&nbsp;493</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">76</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8&nbsp;138</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;721</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Alcon<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;872</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;831</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;349</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;179</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">40</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;449</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;378</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">23</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;157</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;108</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;827</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10&nbsp;496</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>6</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8&nbsp;049</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;918</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;778</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;578</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Sandoz<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;573</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;596</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">50</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3&nbsp;215</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;821</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;168</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;139</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">606</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">603</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;562</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>9&nbsp;159</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>7</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7&nbsp;035</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6&nbsp;625</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;527</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;534</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;690</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;420</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17&nbsp;336</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17&nbsp;256</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">33</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;272</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11&nbsp;464</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;882</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4&nbsp;729</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>52&nbsp;180</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>51&nbsp;869</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">38&nbsp;737</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">39&nbsp;036</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">75</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13&nbsp;443</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12&nbsp;833</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">25</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Vaccines<sup>2</sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">549</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">484</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">516</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">521</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">34</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">248</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">242</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">16</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">224</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">176</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;537</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;423</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>10</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;112</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;035</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">72</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">73</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">425</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">388</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">28</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">27</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Consumer Health<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;059</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;004</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">49</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">940</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">847</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">834</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">793</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">19</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">446</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">420</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;279</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>4&nbsp;064</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>5</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>8</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;798</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2&nbsp;636</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">65</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;481</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1&nbsp;428</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">35</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Europe<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21&nbsp;298</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">20&nbsp;908</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">US<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;792</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">18&nbsp;624</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">32</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Asia/Africa/Australasia<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12&nbsp;354</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">12&nbsp;499</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">22</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;">Canada and Latin America<sup></sup></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;552</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5&nbsp;325</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">13</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">10</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total (excluding divested blood transfusion  diagnostics unit sales)<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  57&nbsp;996</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  57&nbsp;356</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  3</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  100</b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  </b></font>
    </td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>  100</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Established Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42&nbsp;647</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">42&nbsp;707</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">74</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <div style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;margin-left:12pt;"><i>Of which in Emerging Growth Markets<sup></sup></i></div>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15&nbsp;349</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14&nbsp;649</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">5</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">26</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td>
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Divested blood transfusion  diagnostics unit sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 565</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> </b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total Group<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;996</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>57&nbsp;921</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="14" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="10px" colspan="14">
      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Net sales from operations by location of third party customer. Emerging Growth Markets comprise all markets other than the Established Markets of the US, Canada, Western Europe, Japan, Australia and New Zealand.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="14">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>2013 figures for Vaccines exclude the blood transfusion diagnostics unit that was divested on January 9, 2014.</div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
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  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">83</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Principal currency translation rates</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Fourth quarter</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>Average <br>rates<br>Q4 2014<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><br>Average <br>rates<br>Q4 2013<br>USD<sup>     </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Period-end <br>rates<br>Dec 31, <br>2014<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Period-end <br>rates <br>Dec 31, <br>2013<br>USD<sup>     </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="36%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 CHF<sup></sup></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.037</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.107</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.010</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.124</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 EUR<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.249</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.361</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.215</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.378</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 GBP<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.583</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.619</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.556</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.653</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100 JPY<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.875</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.997</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.836</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.952</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100 RUB<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2.125</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3.071</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.722</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3.044</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;"></font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Full year</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"><br>Average <br>rates<br>FY 2014<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><br>Average <br>rates<br>FY 2013<br>USD<sup>     </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Period-end <br>rates<br>Dec 31, <br>2014<br>USD</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Period-end <br>rates <br>Dec 31, <br>2013<br>USD<sup>     </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="36%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 CHF<sup></sup></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.094</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.079</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.010</b></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.124</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 EUR<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.329</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.328</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.215</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.378</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1 GBP<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.648</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.564</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.556</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.653</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100 JPY<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.947</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1.026</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>0.836</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">0.952</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">100 RUB<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2.649</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3.142</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1.722</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">3.044</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
</table><br><font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Income from associated companies</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Q4 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2014<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">FY 2013<br>USD m<sup>  </sup></font>
    </td>
    <td></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td width="36%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Share of estimated Roche reported net income<sup></sup></font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">191</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">207</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">813</font>
    </td>
    <td align="right" width="2%"></td>
    <td align="right" width="9%">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">817</font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Prior-year adjustment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-56</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-59</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Amortization of additional intangible assets recognized  by Novartis on initial accounting for the equity interest<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -39</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -158</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -154</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net income effect from Roche<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>153</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>168</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>599</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>604</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">LTS Lohmann Therapie-Systeme AG<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">421</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">436</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">31</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Idenix Pharmaceuticals Inc.<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">812</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from other associated companies related to  continuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -20</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 71</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -36</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Income from associated companies related to  continuing operations<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 580</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 155</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 1&nbsp;918</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b> 599</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from other associated companies related to  discontinuing operations<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Total income from associated companies<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>579</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>154</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;920</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>600</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="10" style="border-bottom: solid #000000 2px;"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td colspan="10">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>&nbsp;</sup></div>
    </td>
  </tr>
</table><br><div style="PAGE-BREAK-AFTER: always; WIDTH: 100%; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt">
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="TEXT-ALIGN: center; WIDTH: 100%">
    <font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">84</font>
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">
    <hr style="COLOR: black" noshade size="2">
  </div>
  <div style="WIDTH: 100%; TEXT-ALIGN: center; ">&#xA0;</div>
</div>
<font style="font-family:Times New Roman,sans-serif; font-size:13pt; color:#000000; font-weight:bold;">Vaccines segment &#x2013; 2013 comparative information</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:10pt; color:#000000;">The following reconciles previously published results for the Vaccines segment to the revised presentation:</font><br><br><font style="font-family:Times New Roman,sans-serif; font-size:11pt; color:#000000; font-weight:bold;">Vaccines &#x2013; Fourth quarter and full year 2013</font><br><br><table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" width="100%">
  <tr valign="bottom">
    <td height="10px">
      <font style="font-family:Times New Roman,sans-serif; font-size:10pt;color:#00ff00;"></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Vaccines  as previously  published<sup> 1</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">  Transfers to  continuing Corporate<sup> 2</sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">  Reported Vaccines<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Divested blood transfusion diagnostics unit<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;"> Vaccines excluding  Diagnostics<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">  Core  adjustments<sup></sup></font>
    </td>
    <td></td>
    <td colspan="3" align="center" height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Vaccines Core result excluding  Diagnostics<sup></sup></font>
    </td>
    <td></td>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
    <tr>
      <td height="1"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
      <td colspan="3" style="border-bottom: solid #999999 1px;"></td>
      <td height="1"></td>
    </tr>
    <tr bgcolor="white">
      <td height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
      <td colspan="3" height="3"></td>
      <td height="1"></td>
    </tr>
  </tr>
  <tr valign="bottom">
    <td height="12">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">Q4 2013<br>USD m</font>
    </td>
    <td></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; font-weight:bold; color:#000000;">FY 2013<br>USD m</font>
    </td>
    <td></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td width="12%" height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales to third parties<sup></sup></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>655</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;987</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>655</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;987</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-152</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-565</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>503</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;422</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>503</b></font>
    </td>
    <td align="right" width="1%"></td>
    <td align="right" width="3%">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;422</b></font>
    </td>
    <td align="right" width="1%"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Sales to other segment<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">51</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Net sales of segment<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>666</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;048</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>666</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>2&nbsp;048</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-154</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-575</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>512</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;473</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>512</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>1&nbsp;473</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other revenues<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">135</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">333</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-48</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-84</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">87</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">249</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-78</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-212</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">37</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Cost of goods sold<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-511</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;578</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-507</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;571</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">115</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">447</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-392</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-1&nbsp;124</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">143</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-354</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-981</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Gross profit<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>290</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>803</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-44</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-77</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>246</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>726</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-117</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-340</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>129</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>386</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>38</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>143</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>167</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>529</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Marketing &amp; Sales<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-334</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-91</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-334</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">14</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">45</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-77</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-289</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-77</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-289</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Research &amp; Development<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-132</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-476</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-132</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-476</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">29</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-126</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-447</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">6</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-120</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-423</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">General &amp; Administration<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-140</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-38</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-140</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">21</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-119</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-31</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-119</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other income<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">24</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">70</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-7</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-9</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">17</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Other expense<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-11</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-88</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">4</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-10</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-84</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">2</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">15</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-69</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-8</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">-61</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>Operating income/loss<sup></sup></b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>42</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-165</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-43</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-73</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-1</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-238</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-95</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-239</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-96</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-477</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>44</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>175</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-52</b></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-weight:bold;font-size:10pt; color:#000000;"><b>-302</b></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#cceeff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>as % of net sales<sup></sup></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>6.4%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-8.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-0.2%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-12.0%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>62.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>42.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-19.1%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-33.5%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i></i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-10.3%</i></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"><i>-21.2%</i></font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: solid #000000 1px;"></td>
    </tr>
  </tr>
  <tr valign="bottom" bgcolor="#ffffff">
    <td height="16">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;">Income from associated  companies<sup></sup></font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> </font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> -1</font>
    </td>
    <td align="right"></td>
    <td align="right">
      <font style="font-family:Times New Roman,sans-serif;font-size:10pt; color:#000000;"> 1</font>
    </td>
    <td align="right"></td>
    <tr>
      <td colspan="30" style="border-bottom: dotted #666666 1px;"></td>
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      <font style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;"></font>
    </td>
  </tr>
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    <td colspan="30">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>1&nbsp;</sup>Including the divested blood transfusion diagnostics unit.</div>
    </td>
  </tr>
  <tr valign="bottom">
    <td colspan="30">
      <div style="font-family:Times New Roman,sans-serif;font-size:8pt; color:#000000;margin-left:5pt; text-indent:-5pt;"><sup>2&nbsp;</sup>Other revenue contains royalties and out-licensing revenues of Vaccines which are to be retained by Novartis.</div>
    </td>
  </tr>
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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">Disclaimer</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The foregoing release contains forward-looking statements that can be identified by words such as &#8220;pipeline,&#8221; &#8220;will,&#8221; &#8220;momentum,&#8221; &#8220;recommended,&#8221; &#8220;on track,&#8221; &#8220;ongoing,&#8221; &#8220;outlook,&#8221; &#8220;expected,&#8221; &#8220;confident,&#8221; &#8220;positioned,&#8221; &#8220;pending,&#8221; &#8220;to be acquired,&#8221; &#8220;strategy,&#8221; &#8220;launches,&#8221; &#8220;launched,&#8221; &#8220;launch,&#8221; &#8220;focus,&#8221; &#8220;positive opinions,&#8221; &#8220;could,&#8221; &#8220;initiated,&#8221; &#8220;to evaluate,&#8221; &#8220;moves towards,&#8221; &#8220;designed,&#8221; &#8220;in the future,&#8221; &#8220;expects,&#8221; &#8220;expect,&#8221; &#8220;would,&#8221; &#8220;committed,&#8221; or similar terms, or by express or implied discussions regarding potential new products, potential new indications for existing products, or regarding potential future revenues from any such products; potential shareholder returns or credit ratings; or regarding the potential completion of the announced transactions with GSK and CSL, or regarding potential future sales or earnings of any of the businesses involved in the transactions with GSK, Lilly or CSL, and regarding any potential strategic benefits, synergies or opportunities as a result of these transactions; or regarding potential future sales or earnings of the Novartis Group or any of its divisions; or by discussions of strategy, plans, expectations or intentions. You should not place undue reliance on these statements. Such forward-looking statements are based on the current beliefs and expectations of management regarding future events, and are subject to significant known and unknown risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. There can be no guarantee that any new products will be approved for sale in any market, or that any new indications will be approved for any existing products in any market, or that any approvals which are obtained will be obtained at any particular time, or that any such products will achieve any particular revenue levels. Nor can there be any guarantee that the announced transactions with GSK and CSL will be completed in the expected form or within the expected time frame or at all. Neither can there be any guarantee that Novartis will be able to realize any of the potential strategic benefits, synergies or opportunities as a result of the transactions with GSK, Lilly or CSL. Neither can there be any guarantee that Novartis or any of the businesses involved in the transactions will achieve any particular financial results in the future. Nor can there be any guarantee that shareholders will achieve any particular level of shareholder returns.<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">&#160;</font>Neither can there be any guarantee that the Novartis Group, or any of its divisions, will be commercially successful in the future, or achieve any particular credit rating. In particular, management's expectations could be affected by, among other things, unexpected regulatory actions or delays or government regulation generally, including an unexpected failure to obtain necessary government approvals for the transactions, or unexpected delays in obtaining such approvals; the potential that the strategic benefits, synergies or opportunities expected from the announced transactions, including the divestment of our former Animal Health Division to Lilly, may not be realized or may take longer to realize than expected; the inherent uncertainties involved in predicting shareholder returns or credit ratings; the uncertainties inherent in research and development, including unexpected clinical trial results and additional analysis of existing clinical data; the Company&#8217;s ability to obtain or maintain proprietary intellectual property protection, including the ultimate extent of the impact on the Company of the loss of patent protection and exclusivity on key products which commenced in prior years and will continue this year; unexpected manufacturing or quality issues; global trends toward health care cost containment, including ongoing pricing pressures; uncertainties regarding actual or potential legal proceedings, including, among others, actual or potential product liability litigation, litigation and investigations regarding sales and marketing practices, government investigations and intellectual property disputes; general economic and industry conditions, including uncertainties regarding the effects of the persistently weak economic and financial environment in many countries; uncertainties regarding future global exchange rates, including as a result of recent changes in monetary policy by the Swiss National Bank; uncertainties regarding future demand for our products; uncertainties involved in the development of new healthcare products; uncertainties regarding potential significant breaches of data security or disruptions of the Company&#8217;s information technology systems; and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">All product names appearing in italics are trademarks owned by or licensed to Novartis Group Companies. Neupogen&#174; is a registered trademark of Amgen Inc. Stelara&#174; is a registered trademark of Janssen Biotech, Inc. Jakafi&#174; is a registered trademark of Incyte Corporation.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline">About Novartis</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2014, the Group achieved net sales of USD 58.0 billion, while R&amp;D throughout the Group amounted to approximately USD 9.9 billion (USD 9.6 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 130,000 full-time-equivalent associates and sell products in more than 150 countries around the world. For more information, please visit http://www.novartis.com<font style="FONT-FAMILY: Times New Roman; DISPLAY: inline">.</font></font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">Novartis issued its 2014 Annual Report today, and it is available on its website at www.novartis.com. Novartis will also today file its 2014 Annual Report on Form 20-F with the US Securities and Exchange Commission, and will post this document on www.novartis.com. Novartis shareholders may receive a hard copy of either of these documents, each of which contain our complete audited financial statements, free of charge, upon request.</font></div>

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<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">February 27, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Annual General Meeting</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">April 23, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;First quarter results 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">June 17-18, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Novartis investor event in Boston, US</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">July 21, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Second quarter results 2015</font></div>

<div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">October 27, 2015&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Third quarter results 2015</font></div>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
