Table T-9.3
Merck & Co., Inc.
Growth Index Income Statements
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
Sales
453
398
334
281
252
177
163
145
129
110
100
Cost of Goods Sold
913
773
611
489
391
164
137
127
117
102
100
Gross Profit
294
268
238
209
204
181
171
151
134
113
100
Operating Expenses
289
235
209
182
173
160
160
140
127
108
100
Operating Profit
300
315
278
246
247
210
187
167
142
120
100
Interest
.
.
.
.
.
.
.
.
.
.
.
Other
36171
8500
5129
2871
-2629
-11586
1029
829
686
657
100
Profit before tax
434
345
296
256
236
166
190
169
144
122
100
Tax
434
278
250
220
214
141
168
157
138
119
100
Profit after tax
434
382
321
276
248
179
203
176
147
124
100