Exhibit 99.2
STATEMENT OF CONDENSED CONSOLIDATED INCOME (LOSS)
(Amounts in euros)
| At June 30 | ||||||||
| 2015 | 2014 | |||||||
Operating income | ||||||||
Revenues | 107,520 | 103,165 | ||||||
Other income | 3,062,682 | 2,557,967 | ||||||
Total income | 3,170,202 | 2,661,132 | ||||||
Operating expenses | ||||||||
Cost of goods sold | (91,930 | ) | (113,663 | ) | ||||
Research & Development | (12,500,273 | ) | (10,441,632 | ) | ||||
General & Administrative | (5,494,810 | ) | (4,182,864 | ) | ||||
Total Expenses | (18,087,013 | ) | (14,738,159 | ) | ||||
Operating Profit (Loss) | (14,916,811 | ) | (12,077,026 | ) | ||||
Financial revenues | 522,977 | 329,026 | ||||||
Financial expenses | (84,315 | ) | (25,743 | ) | ||||
Financial profit (loss) | 438,662 | 303,283 | ||||||
Income tax | — | — | ||||||
Net Profit (Loss) | (14,478,149 | ) | (11,773,743 | ) | ||||
Basic/diluted earnings per share (EUR/share) | (0.74 | ) | (0.77 | ) | ||||
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS)
| At June 30 | ||||||||
| 2015 | 2014 | |||||||
Net Profit (Loss) | (14,478,149 | ) | (11,773,743 | ) | ||||
Actuarial gains and losses on employee benefits, net of corporate tax | (72,265 | ) | (61,698 | ) | ||||
Profit (loss) directly recognised in shareholders’ equity | (72,265 | ) | (61,698 | ) | ||||
Other items in the total profit (loss) to be recycled subsequently to the net profit (loss) | (28,019 | ) | — | |||||
Total comprehensive income(loss) | (14,578,433 | ) | (11,835,441 | ) | ||||
In accordance with IAS 1Presentation of Financial Statements (2007) (IAS 1), the Group, as defined in the notes to its unaudited interim condensed financial statements for the first half of 2015, presents a combined statement of other elements of comprehensive income or loss.
The Group does not hold any financial assets available for sale and non-current financial assets are measured at historical cost; therefore, no change in fair value is reflected in the statement of consolidated comprehensive income (loss).