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This excerpt taken from the BIIB 10-Q filed Apr 17, 2009. Interest
Income
For the three months ended March 31, 2009 compared to
March 31, 2008, interest income decreased
$8.1 million, or 35.4%, primarily due to lower yields on
cash, cash equivalents and marketable securities.
These excerpts taken from the BIIB 10-K filed Feb 6, 2009. Interest
Income
For 2008 compared to 2007, interest income decreased
$31.5 million, or 30.4%, primarily due to a reduction in
cash and cash equivalents due to the funding of our tender offer
in July 2007, a net payment of $525.5 million for our term
loan facility and other debt, and lower investment yields. For
2007 compared to 2006, interest income increased
$2.4 million, or 2.4%, primarily due to higher yields
offset by a reduction in cash and cash equivalents due to the
funding of our tender offer in July 2007. We expect that further
reductions in yields may impact our interest income in 2009.
Interest
Income
For 2008 compared to 2007, interest income decreased
$31.5 million, or 30.4%, primarily due to a reduction in
cash and cash equivalents due to the funding of our tender offer
in July 2007, a net payment of $525.5 million for our term
loan facility and other debt, and lower investment yields. For
2007 compared to 2006, interest income increased
$2.4 million, or 2.4%, primarily due to higher yields
offset by a reduction in cash and cash equivalents due to the
funding of our tender offer in July 2007.
Table of Contents
BIOGEN
IDEC INC. AND SUBSIDIARIES
NOTES TO
CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
This excerpt taken from the BIIB 10-K filed Feb 14, 2008. Interest
Income
For 2007 compared to 2006, interest income increased
$2.4 million, or 2.4%, primarily due to higher yields
offset by a reduction in cash and cash equivalents due to the
funding of our tender offer in July 2007. For 2006 compared to
2005, interest income increased $38.5 million, or 61.4%,
primarily due to higher levels of cash and marketable securities.
This excerpt taken from the BIIB 10-K filed Feb 21, 2007. Interest
Income
For 2006 compared to 2005, interest income increased
$38.5 million, or 61.3%, due, principally to higher levels
of cash and marketable securities. For 2005 compared to 2004,
interest income increased $5.5 million, or 9.7% due,
principally, to higher yields.
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