Investor Update
Basel, 31 July 2007
Full
reconciliation of Chugai interim results into IFRS
Results of Chugai
as consolidated by the Roche Group
Following the publication of Chugai’s official 2007
interim results, Roche offers this investor update which reconciles these results with the results for
Chugai published by Roche as part of the Roche Group’s 2007 interim results.
The
common stock of Chugai is publicly traded and is listed on the Tokyo Stock Exchange. Chugai prepares
financial statements in conformity with accounting principles generally accepted in Japan (JGAAP). These
are filed on a quarterly basis with the Tokyo Stock Exchange.
Due to
certain consolidation entries and differences in the requirements of International Financial Reporting
Standards (IFRS) and JGAAP, there are differences between Chugai’s stand-alone financial results on
a JGAAP basis and the financial results of Chugai as consolidated by the Roche Group in accordance with
IFRS. For further information please refer to Note 4 of the Roche Half-Year Report 2007.
Please
do not hesitate to contact us if you have any further questions.