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E14 5JP. South Africa: J.P. Morgan Equities South Africa Proprietary Limited is a member of the Johannesburg Securities Exchange and is regulated by the Financial Services Board. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ32 I ) is regulated by the Hong Kong Monetary Authority and the Securities a
in May 2013, we have released over 15 reports surrounding our MA value-add work. 2 EFTA00301318 Justin Lake Overweight Aetna Inc (AET:AET US) Company Data FYE Dec 2011A 2012A 2013A 2014E 2015E (Prey) 2015E (Corr) Price (5) 80.57 Date Of Price 17 Jun 14 EPS Reported (S) 52-week Range (5)
Management representative about the investments concerned. RMB Morgan Stanley (Proprietary) Limited is a member of the JSE Limited and regulated by the Financial Services Board in South /Oka. RMB Morgan Stanley (Proprietary) Limited is a joint venture owned equally by Morgan Stanley International Holdngs Inc. and RMB Invest
14 14 Total Rev nu 7,011 7,949 8,385 9,703 11,203 4,999 6,535 5,867 7.716 25,178 28,174 29.670 27,166 25.703 23.366 23,109 Smote: Company Data. 1.5angan Stanley Research EFTA00598627 Morgan Stanley MORGAN STANLEY RESEARCH July 23. 2014 Gilead Sciences Inc. Exhite 6 Gilead Balance She
Management representative about the investments concerned. RMB Morgan Stanley (Proprietary) Limited is a member of the JSE Limited and regulated by the Financial Services Board in South Mita. RMB Morgan Stanley (Proprietary) Limited is a joint venture owned equally by Morgan Stanley International Holdings Inc. and RMB Inves
57 44 78 52 22 15 Ii 103 105 110 116 122 128 134 otal Revenues 2.130 2.421 2.468 2.606 4 10.66$ 11.866 12.870 14.495 Soiree. Company Data. Morgan Stanley Research EFTA00598611 Morgan Stanley MORGAN STANLEY RESEARCH July 23. 2014 Biogen Idec Inc. Exhibit Biogen Idec Balance Sheet
Entities connected to both the Financial Services Board and Company Data

Frankfurt
LOCATION
Bloomberg L.P.
ORGANIZATIONS.A. de C.V.
ORGANIZATIONInvestment Thesis
ORGANIZATIONBank Street
ORGANIZATION
United States
LOCATION
Morgan Stanley
ORGANIZATION
Tokyo
LOCATION
Reuters
ORGANIZATIONResearch Management
ORGANIZATIONMorgan Stanley & Co. LLC
ORGANIZATION
Hong Kong
LOCATION
DIFC Branch
ORGANIZATIONthe Capital Markets Board of Turkey
ORGANIZATION
Kowloon
LOCATIONMorgan Stanley Equity Research
ORGANIZATIONMorgan Stanley Mexico
ORGANIZATIONMorgan Stanley Australia Limited
ORGANIZATIONMorgan Stanley Bank AG
ORGANIZATIONViews
ORGANIZATION