Abbott Reports 11 Percent Ongoing Earnings-Per-Share Growth in Second Quarter ...

Including a 4.6 percent effect of favorable foreign exchange. Sales were led by an increase of 13 percent of sales pharmaceutical specialties. Sustainable business sales growth was up 7.5 percent, driven by double-digit growth in International Nutritionals, the diagnosis on the care and pharmaceuticals established. Driven by innovation business sales increased device 3.1 percent, including double-digit growth in molecular diagnostics. Emerging markets sales were almost, President and CEO of Abbott. "We're also pleased with our growth in emerging markets, as well as the progress of our broad-based pipeline, including several new product approvals, regulatory submissions and clinical trial initiations."

The following is a summary of second-quarter 2011 sales by major business category.

Sales ($ in millions) U.S. Int'l Total Total Sales 3,938 5,678 9,616 Durable Growth: Nutritionals 655 835 1,490 Established Pharmaceuticals(a) -- 1,339 1,339 Core Laboratory Diagnostics 152 704 856 Diabetes Care 133 201 334 Point of Care Diagnostics 60 18 78 Subtotal 1,000 3,097 4,097 Proprietary Pharmaceuticals 2,302 1,860 4,162 Innovation-Driven Devices: Vascular 395 440 835 Medical Optics 102 187 289 Molecular Diagnostics 45 60 105 Subtotal 542 687 1,229 Other Sales(b) 94 34 128 Notes: 1) See "Consolidated Statement of Earnings" for more information. 2) "Operational" growth reflects percentage change over the prior year excluding the impact of exchange rates. (a) Established Pharmaceuticals includes sales of branded generics outside of the United States. (b) Includes sales primarily from Contract Pharmaceutical Manufacturing and Animal Health. n/a = Not applicable Notes: 1) See "Consolidated Statement of Earnings" for more information. 2) "Operational" growth reflects percentage change over the prior year excluding the impact of exchange rates.

Breakthrough Niue Financial Solutions Setting Up In Niue ...

The Breakthrough Financial Solutions Ltd (formerly Breakthrough Accounting & Consulting Limited) was selected as part of the Return to the Roots mission by the Pacific Islands Trade and Investment Commission to the island of Niue in November 2009.

As a result of this mission, Breakthrough Niue Financial Solutions Limited will be officially launching its services in Niue on 12 April 2011. They will be operating from their new location at Kalaone, Alofi, which is located next to the Falala Fa Shop. Their contact details are included in the brochure below.

The local Managing Director is Ben Tanaki who will  be responsible for managing the office and handling all daily operations. Final decisions will be made by the main Office in Auckland, who will support the Niue office through their online accounting software.

They said that the main reasons for going to Niue was because of their Niuean ties (Alva is from Avatele), and their desire to provide accounting services to local businesses and people. There are currently no accounting businesses operating on the island outside the Government.

When asked if the Niue Government gave them any assistance of any kind – they replied that no, not at this stage. They will however be approaching the Government at some stage, to see if the Government would like to use some of their services. However, a small financial contribution was received from the  PITIC (Pacific Island Trades and Invest – http://pitic.org.nz).

Breakthrough has been in operation in Auckland for just over 5 years. They employ 3 qualified accountants and 2 admininstration staff. Alva and Alex are looking forward to developing closer ties with her homeland Niue and would like to invite anyone from Niue to stop by their Office at any time.

Here are a summary of their background qualifications which you can also access on their website when the website is ready over the next several days.

Director: Alesana (Alex) Talopa’u  B.Com, CPA, CPPA, RFA

Email: alex [at] break-through.co.nz

Alesana (Alex) Talopa’u graduated from the Australian National University in Canberra, Australia in 1993 with a Bachelor of Commerce degree (Accounting major). He is a CPA of the Samoa Society of Accountants and CPPA of the New Zealand Association of Accountants.

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