Exhibit 99.1
The following tables represent the segment contribution of Allergan plc for the six months ended June 30, 2015, the three months ended June 30, 2015 and March 31, 2015, the year ended December 31, 2014 and the three months ended December 31, 2014, September 30, 2014, June 30, 2014 and March 31, 2014 ($ in millions):
| | | | | | | | | | | | | | | | | | | | | | | | |
| | Six Months Ended June 30, 2015 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 4,234.1 | | | $ | 566.6 | | | $ | 947.5 | | | $ | 3,260.8 | | | $ | 924.0 | | | $ | 9,933.0 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 533.9 | | | | 39.0 | | | | 244.3 | | | | 1,321.7 | | | | 808.5 | | | | 2,947.4 | |
Selling and marketing | | | 831.7 | | | | 111.6 | | | | 249.6 | | | | 296.5 | | | | 62.7 | | | | 1,552.1 | |
General and administrative | | | 105.7 | | | | 13.9 | | | | 70.1 | | | | 177.2 | | | | 18.0 | | | | 384.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 2,762.8 | | | $ | 402.1 | | | $ | 383.5 | | | $ | 1,465.4 | | | $ | 34.8 | | | $ | 5,048.6 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 65.3 | % | | | 71.0 | % | | | 40.5 | % | | | 44.9 | % | | | 3.8 | % | | | 50.8 | % |
| |
| | Three Months Ended June 30, 2015 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 2,435.7 | | | $ | 486.8 | | | $ | 717.0 | | | $ | 1,629.0 | | | $ | 462.4 | | | $ | 5,730.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 307.3 | | | | 34.0 | | | | 159.5 | | | | 680.3 | | | | 404.5 | | | | 1,585.6 | |
Selling and marketing | | | 459.4 | | | | 97.9 | | | | 181.8 | | | | 162.1 | | | | 31.3 | | | | 932.5 | |
General and administrative | | | 47.2 | | | | 11.2 | | | | 47.5 | | | | 82.2 | | | | 8.9 | | | | 197.0 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 1,621.8 | | | $ | 343.7 | | | $ | 328.2 | | | $ | 704.4 | | | $ | 17.7 | | | $ | 3,015.8 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 66.6 | % | | | 70.6 | % | | | 45.8 | % | | | 43.2 | % | | | 3.8 | % | | | 52.6 | % |
| |
| | Three Months Ended March 31, 2015 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 1,798.4 | | | $ | 79.8 | | | $ | 230.5 | | | $ | 1,631.8 | | | $ | 461.6 | | | $ | 4,202.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 226.6 | | | | 5.0 | | | | 84.8 | | | | 641.4 | | | | 404.0 | | | | 1,361.8 | |
Selling and marketing | | | 372.3 | | | | 13.7 | | | | 67.8 | | | | 134.4 | | | | 31.4 | | | | 619.6 | |
General and administrative | | | 58.5 | | | | 2.7 | | | | 22.6 | | | | 95.0 | | | | 9.1 | | | | 187.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 1,141.0 | | | $ | 58.4 | | | $ | 55.3 | | | $ | 761.0 | | | $ | 17.1 | | | $ | 2,032.8 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 63.4 | % | | | 73.2 | % | | | 24.0 | % | | | 46.6 | % | | | 3.7 | % | | | 48.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | Year Ended December 31, 2014 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 4,502.8 | | | $ | — | | | $ | 698.7 | | | $ | 5,961.6 | | | $ | 1,683.7 | | | $ | 12,846.8 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 723.6 | | | | — | | | | 328.4 | | | | 2,547.9 | | | | 1,456.2 | | | | 5,056.1 | |
Selling and marketing | | | 804.6 | | | | — | | | | 155.0 | | | | 527.2 | | | | 112.6 | | | | 1,599.4 | |
General and administrative | | | 192.6 | | | | — | | | | 67.2 | | | | 384.6 | | | | 36.4 | | | | 680.8 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 2,782.0 | | | $ | — | | | $ | 148.1 | | | $ | 2,501.9 | | | $ | 78.5 | | | $ | 5,510.5 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 61.8 | % | | | | | | | 21.2 | % | | | 42.0 | % | | | 4.7 | % | | | 42.9 | % |
| |
| | Three Months Ended December 31, 2014 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 1,785.9 | | | $ | — | | | $ | 185.8 | | | $ | 1,599.7 | | | $ | 443.3 | | | $ | 4,014.7 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 343.2 | | | | — | | | | 85.2 | | | | 676.5 | | | | 385.7 | | | | 1,490.6 | |
Selling and marketing | | | 339.7 | | | | — | | | | 43.6 | | | | 140.0 | | | | 29.6 | | | | 552.9 | |
General and administrative | | | 68.1 | | | | — | | | | 20.0 | | | | 75.5 | | | | 10.7 | | | | 174.3 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 1,034.9 | | | $ | — | | | $ | 37.0 | | | $ | 707.7 | | | $ | 17.3 | | | $ | 1,796.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 57.9 | % | | | | | | | 19.9 | % | | | 44.2 | % | | | 3.9 | % | | | 44.8 | % |
| |
| | Three Months Ended September 30, 2014 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 1,577.5 | | | $ | — | | | $ | 199.4 | | | $ | 1,453.6 | | | $ | 423.2 | | | $ | 3,653.7 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 241.8 | | | | — | | | | 97.5 | | | | 632.5 | | | | 364.8 | | | | 1,336.6 | |
Selling and marketing | | | 314.6 | | | | — | | | | 41.3 | | | | 131.7 | | | | 28.9 | | | | 516.5 | |
General and administrative | | | 74.6 | | | | — | | | | 18.5 | | | | 101.5 | | | | 9.1 | | | | 203.7 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 946.5 | | | $ | — | | | $ | 42.1 | | | $ | 587.9 | | | $ | 20.4 | | | $ | 1,596.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 60.0 | % | | | | | | | 21.1 | % | | | 40.4 | % | | | 4.8 | % | | | 43.7 | % |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | Three Months Ended June 30, 2014 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 564.6 | | | $ | — | | | $ | 169.1 | | | $ | 1,474.6 | | | $ | 427.0 | | | $ | 2,635.3 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 71.1 | | | | — | | | | 74.3 | | | | 631.2 | | | | 374.5 | | | | 1,151.1 | |
Selling and marketing | | | 75.7 | | | | — | | | | 36.4 | | | | 136.6 | | | | 27.1 | | | | 275.8 | |
General and administrative | | | 24.7 | | | | — | | | | 13.2 | | | | 97.0 | | | | 8.8 | | | | 143.7 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 393.1 | | | $ | — | | | $ | 45.2 | | | $ | 609.8 | | | $ | 16.6 | | | $ | 1,064.7 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 69.6 | % | | | | | | | 26.7 | % | | | 41.4 | % | | | 3.9 | % | | | 40.4 | % |
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| | Three Months Ended March 31, 2014 | |
| | US | | | US Medical | | | International | | | Global | | | Anda | | | | |
| | Brands | | | Aesthetics | | | Brands | | | Generics | | | Distribution | | | Total | |
Net revenues | | $ | 574.8 | | | $ | — | | | $ | 144.4 | | | $ | 1,433.7 | | | $ | 390.2 | | | $ | 2,543.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Operating expenses: | | | | | | | | | | | | | | | | | | | | | | | | |
Cost of sales(1) | | | 67.5 | | | | — | | | | 71.4 | | | | 607.7 | | | | 331.2 | | | | 1,077.8 | |
Selling and marketing | | | 74.6 | | | | — | | | | 33.7 | | | | 118.9 | | | | 27.0 | | | | 254.2 | |
General and administrative | | | 25.2 | | | | — | | | | 15.5 | | | | 110.6 | | | | 7.8 | | | | 159.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Segment Contribution | | $ | 407.5 | | | $ | — | | | $ | 23.8 | | | $ | 596.5 | | | $ | 24.2 | | | $ | 1,052.0 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Contribution margin | | | 70.9 | % | | | | | | | 16.5 | % | | | 41.6 | % | | | 6.2 | % | | | 41.4 | % |
(1) | Excludes amortization and impairment of acquired intangibles including product rights. |