Six months proforma consolidated 2015 incomeCopied and pasted from Sedar (probably does not format properly). It shows the kind of contribution AMCo will make to consolidated org. Take into account 2016 EBITDA guidance is 640 M.
Concordia Healthcare Corp Unaudited Pro Forma Condensed Consolidated Statement of Income (Loss) Six Months Ended June 30, 2015 Concordia Healthcare Corp. Covis Portfolio Jan 1 – Mar 31, 2015 Amdipharm Mercury Limited Pro Forma Adjustments Reference Concordia Healthcare Corp. Pro Forma Consolidated (U.S. $ thousands) Revenue ................................................ $ 113,949 $ 60,880 $ 251,729 (2,124) $ 424,434 Cost of sales .......................................... 11,150 5,638 69,775 (106) 86,457 Gross profit 102,799 55,242 181,954 (2,018) 7(i) 337,977 Operating expenses General and administrative ................... 14,616 5,280 33,109 – 53,005 Acquisition, restructuring and other ..... 12,556 – 3,548 (10,820) 7(h) 5,284 Selling and marketing ........................... 7,329 – 18,297 – 25,626 Research and development ................... 5,792 – 620 – 6,412 Share-based compensation .................... 5,017 698 – 5,715 Exchange listing expenses .................... 574 – – – 574 Amortization of intangible assets ......... 20,260 10,522 36,434 (10,522) 7(f) 80,369 11,956 7(f) 11,719 5(a) Depreciation expense ............................ 128 – 905 – 1,033 Total operating expenses 66,272 16,500 92,913 2,333 178,018 Operating income 36,527 38,742 89,041 (4,351) 159,959 Other income and expense