644.pptx - Financial Reporting Analysis(ACC 644 QA...

Info icon This preview shows pages 1–4. Sign up to view the full content.

Financial Reporting & Analysis (ACC 644 QA) Presented By: Ravi Goswami Hardik Patel Vishnu Patel Srinesh Naidu Milan Dave
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Summary Official Name PFIZER INC. ELI LILLY and COMPANY Location HQ 235 East 42 nd Street New York NY 10017 USA Lilly Corporate Center Indianapolis Indiana 46285 USA Incorporation New York Indiana Website Ticker PFE LLY Fiscal YE December 31 December 31 10-K Filing Date February 13, 2017 (latest) February 21, 2017 (latest) Auditor The Audit Committee Ernst & Young LLP Mission To be the premier, innovative biopharmaceutical company. We make medicines that help people live longer, healthier, more active lives. Vision Innovative to bring therapies to patients that significantly improve their lives. We will make a significant contribution to humanity by improving global health in the 21 st century. Products Medicines, vaccines and consumer healthcare products Business segments – Pfizer Innovative Health (IH) and Pfizer Essential Health (EH) IH - developing and commercializing medicines and vaccines and consumer healthcare products. IH therapeutic areas include internal medicine, vaccines, oncology, inflammation and immunology, rare diseases and consumer healthcare. EH – legacy brands, branded generics, generic sterile injectable products, biosimilar and infusion systems. EH also includes a R&D organization, as well as contract manufacturing business. Blockbuster drugs – Lipitor (a statin drug) in 2000 and Chantix (a smoking cessation drug) and Bextra (a painkiller) in 2011. Business segments Human Pharmaceutical products and Animal Health Products. Human Pharmaceutical Products endocrinology, neuroscience, oncology, immunology and cardiovascular products. Animal Health Products – products for food animals and products for companion products. Blockbuster drugs Prozac (an antidepressant drug) in 1987, Humalog (mealtime insulin products).
Image of page 2
Balance Sheet (Pfizer) Pfizer’s total assets increased by 2.53% and total liabilities increased by 9.17% in 2016 over the previous year. The major change in total assets resulted from an increase in the Assets Held for Sale to $801 million from a near $9 million in 2015.
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern