Exceptional items comprise:
| [ XLS ] |
€ million |
2007 |
2006 |
Write-down of Serono inventories |
–734.0 |
– |
Environmental protection measures |
–38.5 |
–16.5 |
Divestment of the interest in Genmab |
–11.5 |
– |
Release of the Electronic Chemicals provision |
6.4 |
– |
Restructuring |
2.0 |
–56.4 |
Gain on sale of the Schering shares |
– |
377.9 |
Litigation |
– |
–72.4 |
Exceptional items |
–775.6 |
232.6 |
Within the scope of the Serono purchase price allocation, inventories were remeasured at fair value. These amounts were fully expensed in 2007 with the sale of the inventories. Due to their non-recurring nature and size, they are disclosed as the “Write-down of Serono inventories” under Exceptional items.
