<PAGE>   1
                                                                    EXHIBIT 10.5

                        AXYS ADVANCED TECHNOLOGIES, INC.

             COMMON STOCK PURCHASE AND ASSET CONTRIBUTION AGREEMENT

      This Common Stock Purchase and Asset Contribution Agreement (the
"Agreement") is made as of November 17, 1999, by and among Axys Advanced
Technologies, Inc., a Delaware corporation (the "Company") and Axys
Pharmaceuticals, Inc. ("Purchaser").

      1.    AUTHORIZATION AND SALE OF SHARES.

            1.1   AUTHORIZATION. The Company has authorized the issuance and
sale to Purchaser of nine million nine hundred ninety-nine thousand nine hundred
(9,999,900) shares of its Common Stock (the "Shares").

            1.2   SALE. Subject to the terms and conditions hereof, the Company
hereby agrees to issue and sell to Purchaser, and Purchaser hereby agrees to
purchase from the Company, the Shares free and clear of all liens, encumbrances
and charges in exchange for the assets set forth on the attached EXHIBIT A (the
"Contributed Assets").

            1.3   CLOSING. The closing of the sale of purchase of the Shares
under this Agreement shall be held on November 17, 1999, at the offices of
Cooley Godward LLP, Palo Alto, California, or at such other time and place as
the Company and Purchaser may agree.

            1.4   DELIVERY. At the closing and upon full payment of the purchase
price of the Shares, the Company will deliver to the Purchaser a certificate
representing the Shares, dated the date of the Closing. Upon the Company's
reasonable request, Purchaser will provide the Company with such additional
documentation as the Company may require confirming the transfer of the
Contributed Assets to the Company on and as of the Closing.

      2.    REPRESENTATIONS OF THE PURCHASER.

            Purchaser hereby represents and warrants to the Company as follows:



<PAGE>   2

                  (a)   Purchaser is acquiring the Shares for Purchaser's own
account, not as nominee or agent, for investment and not with a view to, or for
resale in connection with, any distribution or public offering thereof within
the meaning of the 1933 Act.

                  (b)   Purchaser understands that (i) the Shares have not been
registered under the 1933 Act by reason of a specific exemption therefrom, that
they must be held by Purchaser indefinitely, and that Purchaser must, therefore,
bear the economic risk of such investment indefinitely, unless a subsequent
disposition thereof is registered under the 1933 Act or is exempt from such
registration; (ii) each certificate representing the Shares will be endorsed
with the following legend:

            "THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT
      OF 1933. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED
      IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES
      UNDER SAID ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT
      SUCH REGISTRATION IS NOT REQUIRED"

and (iii) the Company will instruct any transfer agent not to register the
transfer of any of the Shares unless the conditions specified in the foregoing
legend are satisfied.

                  (c)   Purchaser has been furnished with all the information
necessary to make an informed investment decision. Purchaser has been given
access to such information relating to the Company as Purchaser has requested.

                  (d)   By reason of Purchaser's business or financial
experience, Purchaser has the capacity to make the decision referred to in
subsection (c) above.

      3.    DISCLAIMER OF WARRANTIES.

                  The Company understands and acknowledges that the Contributed
Assets transferred by Axys to AAT under this agreement are transferred "AS IS"
and "WHERE IS" and that there are no warranties, express, implied, or statutory,
regarding the Contributed Assets, including any warranties of merchantability,
fitness for a particular purpose, title, and noninfringement of third party
rights. AAT acknowledges that it has relied on no warranties with respect to the
Contributed Assets.



                                       2
<PAGE>   3

      4.    MISCELLANEOUS.

            4.1   GOVERNING LAW. This Agreement shall be governed by and
construed in accordance with the laws of the State of California. The parties
agree that any action brought by either party to interpret or enforce any
provision of this Agreement shall be brought in, and each party agrees to, and
does hereby, submit to the jurisdiction and venue of, the appropriate state or
federal court for the district encompassing the Company's principal place of
business.

            4.2   SURVIVAL. The representations, warranties, covenants, and
agreements made herein shall survive any investigation made by Purchaser and the
closing of the transaction contemplated hereby.

            4.3   SUCCESSORS AND ASSIGNS. Except as otherwise expressly provided
herein, the provisions hereof shall inure to the benefit of, and be binding
upon, the successors, assigns, heirs, executors, and administrators of the
parties hereto.

            4.4   ENTIRE AGREEMENT. This Agreement constitutes the full and
entire understanding and agreement among the parties with regard to the subject
matter hereof.

            4.5   COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one instrument.

            4.6   FURTHER ACTION. Each party shall, without further
consideration, take such further action and execute and deliver such further
documents as may be reasonably requested by the other party in order to carry
out the provisions and purposes of this Agreement.



                                       3
<PAGE>   4

      The foregoing Agreement is hereby executed as of the date first above
written.



                                          AXYS ADVANCED TECHNOLOGIES, INC.


                                          /s/  ROBERT REED
                                          -------------------------------------
                                          ROBERT REED
                                          President



                                          AXYS PHARMACEUTICALS, INC.


                                          /s/  WILLIAM J. NEWELL
                                          -------------------------------------
                                          WILLIAM J. NEWELL
                                          Senior Vice President



                                       4
<PAGE>   5

                                    EXHIBIT A


             ASSETS TO BE CONTRIBUTED BY AXYS PHARMACEUTICALS, INC.


                                See attached list



                                       5
<PAGE>   6
AM260   Date   7/99
        Time   16:19                        Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 1


<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>   <C>       <C>               <C>                    <C>       <C>       <C>                     <C>
Type:  CP          Property: PERSONAL

Asset:        112    Tag:  A2077       Asset Grp: BS   1 Indigo 16MB- Elan Graphics-    Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
02/28/1993   FM         42           SL                    27000.00           0.00        0.00                 0.00         27000.00

Asset:        120    Tag:  A1641       Asset Grp: BS   INDIGO 2                         Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
10/31/1993   FM         42           SL                    19157.50           0.00        0.00                 0.00         19157.50

Asset:        123    Tag:  A1470       Asset Grp: BS   INDIGO                           Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
10/31/1993   FM         42           SL                    15010.00           0.00        0.0                  0.00         15010.00

Asset:        172    Tag:  A1654       Asset Grp: BS   1 CPU Mac Quadra 840AV 8-230 w   Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
01/31/1994   FM         45           SL                    4290.00                        0.00                 0.00          4290.00

Asset:        197    Tag:  A1747       Asset Grp: BS   1 HP Laserjet 4M printer         Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
12/31/1994   FM         36           SL                    2159.59            0.00        0.00                 0.00          2159.59

Asset:        198    Tag:  A1754       Asset Grp: BS   Computer- Apple- PowerPC- Mon    Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
01/31/1995   FM         42           SL                    3342.20            0.00        0.00                 0.00          3342.20

Asset:        203    Tag:  A4994       Asset Grp: BS   Computer- Powerbook 280c w-ac    Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
05/31/1995   FM         42           SL                    4883.15            0.00        0.00                 0.00          4883.15

Asset:        229    Tag:  A4826       Asset Grp: BS   1 COMPUTER - CLAND OF SERRAMON   Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
12/31/1995   FM         36           SL                    1052.12            0.00        0.00                 0.00          1052.12

Asset:        241    Tag:  A4075       Asset Grp: BS   2 computers DX4-100 memory-      Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
06/30/1996   FM         48     7.000                       3852.67          561.85        0.00               802.63          3290.82
                                     SL

Asset:        248    Tag:  A2248       Asset Grp: BS   2 Powermac 7500-100 memory- mo   Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
06/30/1996   FM         48     7.000                       11092.74        1617.68        0.00              2311.00          9475.06
                                     SL

Asset:        251    Tag:  A2349       Asset Grp: BS   3 Powermac 7600-120              Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
06/30/1996   FM         48     7.000                       12094.05        1763.71        0.00              2519.60         10330.34
                                     SL

Asset:        266    Tag:  A5443       Asset Grp: BS   Monitor                          Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
09/30/1996   FM         36           SL                    2110.64            0.00        0.00               469.03          2110.64

Asset:        728    Tag:  A3067       Asset Grp: BS   POWERMAC 7600-132 16-1.2GB-CD    Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
12/01/1996   FM         36     1.000                       3214.48           89.29        0.00              8.92.91          3125.19
                                     SL

Asset:        765    Tag:  A2352       Asset Grp: BS   POWERMAC 7200-75                 Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
01/01/1997   FM         36     2.000                       3145.64          174.75        0.00               873.79          2970.89
                                     SL

Asset:        766    Tag:  A3070       Asset Grp: BS   POWERMAC 7600-132.20B-CD IPO     Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
01/01/1997   FM         36     2.000                       13548.05    [ILLEGIBLE]   [ILLEGIBLE]       [ILLEGIBLE]     [ILLEGIBLE]
                                     SL
</TABLE>


<PAGE>   7

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 2

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>    <C>   <C>           <C>             <C>                  <C>         <C>       <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       794    Tag:  A2712         Asset Grp: BS   DELL DIMENSION P133V COMPUTER    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         36     3.000                         2134.69          177.89       0.000              592.97          1956.80
                                      SL

Asset:       804    Tag:  A2231         Asset Grp: BS   MONITOR SM 17GLSI                Cat:      Sim: N  Tax Exempt:    Used:  N
02/01/1997  FM         36     3.000                         936.27            78.02        0.00              260.08           858.25
                                      SL

Asset:       859    Tag:  A4996-A499  8 Asset Grp: BS   4 PCS spareSTATION 5 MODEL 170   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         36     4.000                         26785.79        2976.19        0.00             7440.50         23809.60
                                      SL

Asset:       860    Tag:  A2452         Asset Grp: BS   APPLE POWERMAC 7600-132-32-1-1.2 Cat:  D   Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         36     4.000                         7794.36          866.04        0.00             2165.10          6928.32
                                      SL

Asset:       880    Tag:  A2709         Asset Grp: BS   2 PCS DELL 6200-OP GX PRO COMP   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         36     4.000                         8963.14          995.90        0.00             2489.77          7967.24
                                      SL

Asset:       922    Tag:  A2852         Asset Grp: BS   DELL 6200-OP GX PRO COMPUTER     Cat:  D   Sim: N  Tax Exempt: N  Used:  N
05/01/1997  FM         36     6.000                         3951.13          658.52        0.00             1097.54          3292.61
                                      SL

Asset:       1011   Tag:  A2313         Asset Grp: BS   5 PCS POWERMAC 7300-200-32-2GB   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
09/01/1997  FM         36     10.000                        16082.24        4467.28        0.00             4467.29         11614.96
                                      SL

Asset:       1192   Tag:  A6162         Asset Grp: BS   POWERMAC G3-266 MT 32-6GB-24X    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
04/01/1998  FM         36     17.000                        2966.90         1401.04        0.00              824.13          1565.86
                                      SL

Asset:       1193   Tag:  A6163         Asset Grp: BS   MONITOR SONY MULTISCAN 300 SFT   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
04/01/1998  FM         36     17.000                        1250.04          590.30        0.00              347.23           659.74
                                      SL

Asset:       1194   Tag:  A6161         Asset Grp: BS   HP DESKJET 1600 CM PRINTER       Cat:  D   Sim: N  Tax Exempt: N  Used:  N
04/01/1998  FM         36     17.000                        2137.50         1009.37        0.00              593.75          1128.13
                                      SL

Asset:       1195   Tag:  A6296         Asset Grp: BS   POWERBOOK G3-250 32-5GB-20XCD    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
04/01/1998  FM         36     17.00                         5902.76         2787.41        0.00             1639.66          3115.35
                                      SL

Asset:       1295   Tag:  A7027         Asset Grp: BS   HP LASERJET PRINTER 400N         Cat:  D   Sim: N  Tax Exempt: N  Used:  N
07/01/1998  FM         36     20.000                        1535.24          852.91        0.00              426.45           682.33
                                      SL
Asset:       1383   Tag:  A6814/A682  6 Asset Grp: BS   DELL XPS 266 MMX TECH MINI TOW   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
09/01/1998  FM         36     22.000                        1867.34         1141.16        0.00              518.70           726.18
                                      SL

Asset:       1405   Tag:  A7059         Asset Grp: BS   4000N PRINTER LASERJET           Cat:  D   Sim: N  Tax Exempt: N  Used:  N
09/01/1998  FM         36     22.000                        1223.23          747.52        0.00              339.80           475.71
                                      SL

Asset:       3722   Tag:  A7060         Asset Grp: BS   400N PRINTER LASERJET            Cat:  D   Sim: N  Tax Exempt: N  Used:  N
09/01/1998  FM         36     22.000                        [ILLEGIBLE]   [ILLEGIBLE]  [ILLEGIBLE]      [ILLEGIBLE]    [  ILLEGIBLE]
                                      SL
</TABLE>


<PAGE>   8

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 3

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>    <C>       <C>     <C>             <C>                 <C>          <C>         <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       1438   Tag: A7080        Asset Grp: BS   POWERBOOK G3-292-64MB BGB-HD     Cat:  D     Sim: N  Tax Exempt: N  Used:  N
10/01/1998  FM         36     23.000                           6439.33    4114.02        0.00               1788.70          2325.31
                                    SL
            Type: CP                                 Total:     217146.01   28571.04     0.00              36963.76        188574.97
Type: EQ                              Property:  PERSONAL

Asset:       305    Tag:  A2052       Asset Grp: BS   1Sola Power Conditioner- 30 AM   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
01/31/1991  FM         48           SL                    3900.00            0.00        0.00                  0.00          3900.00

Asset:       306    Tag:  A2380       Asset Grp: BS   1Pelican Cassette System- Std.   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
09/30/1992  FM         48           SL                    4454.85            0.00        0.00                  0.00          4454.85

Asset:       313    Tag:  A3939       Asset Grp: BS   1 Portion Not Leased-Flow Hood   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
09/30/1993  FM         48           SL                    4000.00            0.00        0.00                  0.00          4000.00

Asset:       323    Tag:  A4874       Asset Grp: BS   TOMTEC DILUTER                   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
06/30/1995  FM         48           SL                    21222.41           0.00        0.00               2210.67         21222.41

Asset:       325    Tag:  A2341       Asset Grp: BS   Vacuum Pump                      Cat:  D     Sim: N  Tax Exempt: N  Used:  N
06/30/1995  FM         48           SL                    1299.00            0.00        0.00                135.31          1299.00

Asset:       326    Tag:  A2206       Asset Grp: BS   Freezer not leased               Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/31/1995  FM         48           SL                    1928.82            0.00        0.00                 80.37          1928.82

Asset:       331    Tag:  A2841       Asset Grp: BS   Vacuum pump                      Cat:  D     Sim: N  Tax Exempt: N  Used:  N
10/31/1995  FM         48           SL                    1407.25            0.00        0.00                263.86          1407.25

Asset:       335    Tag:  A1239       Asset Grp: BS   Turbo Pump                       Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM         48     4.000                       6000.00          500.00        0.00               1250.00          5500.00
                                    SL

Asset:       340    Tag:  A3941       Asset Grp: BS   GeneAmp-Other                    Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM         48     4.000                       113.00             9.42        0.00                 23.54           103.58
                                    SL

Asset:       343    Tag:  A3940       Asset Grp: BS   1Fumehoods-casework              Cat:  D     Sim: N  Tax Exempt: N  Used:  N
11/30/1995  FM         45           SL                    31216.52           0.00        0.00                  0.00         31216.52

Asset:       349    Tag:  A1920       Asset Grp: BS   Rotary evaporator w-jack and b   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
11/30/1995  FM         48           SL                    3254.89            0.00        0.00                157.91          3254.89

Asset:       354    Tag:  A2757       Asset Grp: BS   Balance - electronic             Cat:  D     Sim: N  Tax Exempt: N  Used:  N
11/30/1995  FM         48           SL                    1175.72            0.00        0.00                244.94          1175.72

Asset:       358    Tag:  A3252       Asset Grp: BS   2 HTS lab robotic system         Cat:  D     Sim: N  Tax Exempt: N  Used:  N
11/30/1995  FM         48           SL                   [ILLEGIBLE]  [ILLEGIBLE]     [ILLEGIBLE]      [ILLEGIBLE]    [  ILLEGIBLE]

</TABLE>


<PAGE>   9

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 4

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>     <C>   <C>         <C>              <C>                    <C>       <C>        <C>                    <C>
Type: EQ            Property: PERSONAL

Asset:       376    Tag:  A2585       Asset Grp: BS    Concentrator- Speedvac           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       1950.00            0.00        0.00                 0.00          1950.00

Asset:       380    Tag:  SF592       Asset Grp: BS    HPLC System 715                  Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       9280.00            0.00        0.00                 0.00          9280.00

Asset:       389    Tag:  A4764       Asset Grp: BS    Balance- BA2100S- toploading     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       945.10             0.00        0.00                 0.00           945.10

Asset:       394    Tag:  A1610       Asset Grp: BS    Partial Beam                     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       28316.00           0.00        0.00                 0.00         28316.00

Asset:       398    Tag:  A4988       Asset Grp: BS    Shaker- environmental            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       5722.25            0.00        0.00                 0.00          5722.25

Asset:       400    Tag:  A4903       Asset Grp: BS    Adapter- glass                   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM         45         SL                       170.00             0.00        0.00                 0.00           170.00

Asset:       416    Tag:  SF631       Asset Grp: BS    1HPLC Semi Prep System           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
05/31/1992  FM         43         SL                       54745.51           0.00        0.00                 0.00         54745.51

Asset:       417    Tag:  A2228       Asset Grp: BS    1Ferrups uninteruptibble power   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
05/31/1992  FM         43         SL                       16602.56           0.00        0.00                 0.00         16602.56

Asset:       422    Tag:  A3286       Asset Grp: BS    Vertishear Mech. Homogenizer     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1992  FM         42         SL                       1076.75            0.00        0.00                 0.00          1076.75

Asset:       433    Tag:  A2489       Asset Grp: BS    Chromatography Colums&Resins     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1992  FM         42         SL                       776.00             0.00        0.00                 0.00           776.00

Asset:       437    Tag:  A2515       Asset Grp: BS    2Roller Rack Base                Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/28/1993  FM         42         SL                       7002.00            0.00        0.00                 0.00          7002.00

Asset:       454    Tag:  A2705       Asset Grp: BS    Environmental Shaker             Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/31/1993  FM         48         SL                       5727.00            0.00        0.00                 0.00          5727.00

Asset:       463    Tag:  A2603       Asset Grp: BS    Pipettor- easy-step              Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/31/1993  FM         48         SL                       704.95             0.00        0.00                 0.00           704.95

Asset:       477    Tag:  A1184       Asset Grp: BS    Pump- vacuum                     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/31/1995  FM         42         SL                       1840.00            0.00        0.00                 0.00          1840.00

Asset:       483    Tag:  A2005       Asset Grp: BS    Vacuum Oven                      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1995  FM         42         SL                       2730.00            0.00        0.00                 0.00    [ILLEGIBLE]
</TABLE>


<PAGE>   10

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 5

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>    <C>   <C>         <C>             <C>                    <C>       <C>        <C>                    <C>
Type: EQ            Property: PERSONAL

Asset:       497    Tag:  A1991       Asset Grp: BS   SAMPLER DILUTER & ACC.           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1995  FM         42           SL                    14522.80           0.00        0.00               405.69         14522.80

Asset:       499    Tag:  SF717       Asset Grp: BS   HP1090 HPLC SYSTEM               Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1995  FM         42           SL                    62002.77           0.00        0.00              1892.10         62002.77

Asset:       517    Tag:  A1137       Asset Grp: BS   Freezer Refco                    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM         42           SL                    6099.00            0.00        0.00                 0.00          6099.00

Asset:       521    Tag:  A2722       Asset Grp: BS   Freezer Explosion                Cat:  D    Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM         42           SL                    1500.00            0.00        0.00                 0.00          1500.00

Asset:       537    Tag:  A4881       Asset Grp: BS   Racks for Cold Room              Cat:  D    Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM         42           SL                    5450.00            0.00        0.00                 0.00          5450.00

Asset:       539    Tag:  A4883       Asset Grp: BS   Composite Rotor-Rotor Assemble   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM         48     4.000                       9300.00          775.00        0.00              1937.50          8525.00
                                    SL

Asset:       562    Tag:  A3942       Asset Grp: BS   Bio Safety Hood & Laminar Flow   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      9989.51         3163.36        0.00              1664.91          6826.15
                                    SL

Asset:       564    Tag:  A4754/A4755 Asset Grp: BS   4 306 pump control module- 4  2  Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      60497.45       19157.53        0.00             10082.90         41339.92
                                 SL

Asset:       565    Tag:  A4879       Asset Grp: BS   4 306 pump control moduel- 4  2  Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      58960.65       18670.87        0.00              9826.78         40289.78
                                 SL

Asset:       567    Tag:  A3948       Asset Grp: BS   215 Sampler-402 diluter          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      16139.83        5110.94        0.00              2689.98         11028.89
                                 SL

Asset:       569    Tag:  A3923       Asset Grp: BS   Environmental shaker             Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      7207.56         2282.40        0.00              1201.26          4925.16
                                 SL

Asset:       584    Tag:  A3238       Asset Grp: BS   Fluostar reader                  Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      29456.84        9327.99        0.00              4909.48         20128.85
                                    SL

Asset:       586    Tag:  A3243       Asset Grp: BS   Column Thermos                   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      4256.75         1347.97        0.00               709.46          2908.78
                                    SL

Asset:       591    Tag:  A3943       Asset Grp: BS   Analytical balance 210G          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         60     19.000                      6081.49         1925.79        0.00              1013.59          4155.70
                                    SL

Asset:       595    Tag:  A3251       Asset Grp: BS   Saw- Isomet Low Speed            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                      3794.71         1328.15    [ILLEGIBLE]    [ILLEGIBLE]    [ILLEGIBLE]
                                    SL

Asset:       599    Tag:  A1708       Asset Grp: BS   Computer- Compudyne DX4-100      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                      3637.63         1273.16        0.00               606.28          2364.47
                                    SL
</TABLE>


<PAGE>   11

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 6

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>    <C>              <C>                  <C>         <C>        <C>                    <C>
Type: EQ                              Property: PERSONAL

Asset:       601    Tag:  A2389       Asset Grp: BS    NEC GNC 4MB 1-32 monitor NEC     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       1661.83          581.63        0.00               276.98          1080.20
                                    SL

Asset:       604    Tag:  A2016       Asset Grp: BS    Powermac 7500 16-500-CD          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       3432.56         1201.39        0.00               572.10          2231.17
                                    SL

Asset:       606    Tag:  A2039       Asset Grp: BS    Powermac 7600-120 16-1.2G-CD     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       20147.80        7051.73        0.00              3357.97         13096.07
                                    SL

Type:  CP           Property:  PERSONAL

Asset:       609    Tag:  A2222       Asset Grp: BS    Powermac 7600-120 16-1.2G-CD     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       14471.89        5065.15        0.00              2411.99          9406.74
                                    SL

Asset:       632    Tag:  A2200       Asset Grp: BS    Rotary Evaporator- Buchi R124C   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       3750.86         1312.81        0.00               625.14          2438.05
                                    SL

Asset:       637    Tag:  2484        Asset Grp: BS    Oven- Vacuum- Model 1430         Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         60     21.000                       1949.46          682.32        0.00               324.91          1267.14
                                    SL

Asset:       644    Tag:  A1173       Asset Grp: BS    Fraction Collector               Cat:  D    Sim: N  Tax Exempt: N  Used:  N
09/30/1995  FM         42           SL                     3150.74            0.00        0.00               150.04          3150.74

Asset:       646    Tag:  A4901       Asset Grp: BS    Temperature Controller           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
10/31/1993  FM         42           SL                     1034.14            0.00        0.00                 0.00          1034.14

Asset:       656    Tag:  A3983       Asset Grp: BS    Vacuum Pump                      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
10/31/1993  FM         42           SL                     6442.00            0.00        0.00                 0.00          6442.00

Asset:       658    Tag:  A4765       Asset Grp: BS    Mettler Balance AE240            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
10/31/1993  FM         42           SL                     3030.00            0.00        0.00                 0.00          3030.00

Asset:       665    Tag:  A4068       Asset Grp: BS    Vacuum Pump                      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
07/31/1993  FM         42           SL                     1030.40            0.00        0.00                 0.00          1030.40

Asset:       668    Tag:  A2706       Asset Grp: BS    Shaker- environmental            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
07/31/1993  FM         42           SL                     1022.58            0.00        0.00                 0.00          1022.58

Asset:       676    Tag:  A4880       Asset Grp: BS    Pump head                        Cat:  D    Sim: N  Tax Exempt: N  Used:  N
09/30/1996  FM         60     22.000                       1513.24          554.86        0.00               252.20           958.38
                                    SL

Asset:       734    Tag:  A4753       Asset Grp: BS    PUMP HEAD MODEL 100 SC           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       1513.24          630.52        0.00               252.20    [ILLEGIBLE]
                                    SL
</TABLE>


<PAGE>   12

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 7

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>      <C>     <C>              <C>                 <C>          <C>        <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       738    Tag:  A2612       Asset Grp: BS    BALANCE ANALYTICAL- STANDARD L   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       2715.99         1131.65        0.00               452.67          1584.34
                                    SL

Asset:       739    Tag:  A2613       Asset Grp: BS    ANALYTICAL BALANCESTANDARD LEV   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       2716.00         1131.66        0.00               452.67          1584.34
                                    SL

Asset:       742    Tag:  A2610       Asset Grp: BS    EVAPORATOR SAFETY-VAC R114C      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       3278.89         2366.19        0.00               546.49          1912.70
                                    SL

Asset:       743    Tag:  A2621       Asset Grp: BS    EVAPORATOR SAFETY-VAC R114C      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.00                        3278.89         1366.19        0.00               546.49          1912.70
                                    SL

Asset:       746    Tag:  A3982       Asset Grp: BS    PUMP 22 I-W MULTI SYR            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       2507.78         1044.90        0.00               417.97          1462.88
                                    SL

Asset:       747    Tag:  A3231       Asset Grp: BS    HYDRA 96 MICRODISPENSER- 580 U   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       20026.25        8344.28        0.00              3337.70         11681.97
                                    SL

Asset:       753    Tag:  A2635       Asset Grp: BS    ANALYTICAL BALANCE STANDARD LE   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       2714.91         1131.21        0.00               452.49          1583.70
                                    SL

Asset:       754    Tag:  A2636       Asset Grp: BS    ROTARY EVAPORATOR RE11C          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       3498.27         1457.62        0.00               583.04          2040.65
                                    SL

Asset:       755    Tag:  A2637       Asset Grp: BS    ROTARY EVAPORATOR- RE111C        Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       3498.27         1457.62        0.00               583.04          2040.65
                                    SL

Asset:       756    Tag:  A2676       Asset Grp: BS    ISOCRATIC PUMP 1100 SERIES HP    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       5520.75         2300.32        0.00               920.12          3220.43
                                    SL

Asset:       774    Tag:  A2719       Asset Grp: BS    SHAKER- RECIPROCAL- BNCHTOP      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1997  FM         60     26.00                        4004.17         1735.14        0.00               667.36          2269.03
                                    SL

Asset:       778    Tag:  A1829       Asset Grp: BS    BUCHI ROTARY EVAPORATOR          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1997  FM         60     26.000                       4027.98         1745.46        0.00               671.32          2282.52
                                    SL

Asset:       779    Tag:  A2749       Asset Grp: BS    METTLER TOLEDO PH2000 TOP LOAD   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1997  FM         60     26.000                       1717.93          744.44        0.00               286.31           973.49
                                    SL

Asset:       806    Tag:  A2717       Asset Grp: BS    GILSON 215 LIQUID HANDLER        Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                       14392.65        6476.69        0.00              2398.78          7915.96
                                    SL

Asset:       808    Tag:  A2748/A2759 Asset Grp: BS    BALANCE ANALYTICAL AG245 & AT4   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                       7643.02         3439.36        0.00              1273.84          4203.66
                                    SL
</TABLE>


<PAGE>   13

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 8

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>      <C>     <C>             <C>                  <C>         <C>         <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       810    Tag:  A2755       Asset Grp: BS   BALANCE ANALYTICAL AB204         Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      1640.51          738.24        0.00                273.41           902.27
                                    SL

Asset:       817    Tag:  A4884       Asset Grp: BS   2 HPLC 1100 DAD SYSTEMS          Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.00                       111705.35      50267.41        0.00              18617.56         61437.94
                                    SL

Asset:       818    Tag:  A2776       Asset Grp: BS   FREEZER EXPLOSION PROOF -20C     Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      1933.35          870.01        0.00                322.22          1063.34
                                    SL

Asset:       819    Tag:  A2782/A2783 Asset Grp: BS   DISPENSER W- 5 ML SYRINGE-TEFL   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      2741.80         1233.81        0.00                456.97          1507.99
                                    SL

Asset:       822    Tag:  A2804       Asset Grp: BS   PUMP VACUUM 195L-M CORRO W-  0I  Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      4751.40         2138.13        0.00                791.90          2613.27
                                    SL

Asset:       823    Tag:  A2803       Asset Grp: BS   PUMP VACUUM 195L-M CORRO OIL M   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      2375.70         1069.06        0.00                395.95          1306.64
                                    SL

Asset:       827    Tag:  A2718       Asset Grp: BS   SYRINGE PUMP                     Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      1551.22          698.05        0.00                258.54           853.17
                                    SL

Asset:       839    Tag:  A3924       Asset Grp: BS   SHAKER RECIPROCATING EBERBACH    Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      1515.66          682.06        0.00                252.60           833.60
                                    SL

Asset:       841    Tag:  A2821/A4757 Asset Grp: BS   433A -01 PEPTIDE SYNTHESIZER W   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
02/01/1997  FM         60     27.000                      73182.45       32932.10        0.00              12197.08         40250.35
                                    SL

Asset:       844    Tag:  A2774       Asset Grp: BS   UPRIGHT FREEZER 24.4 CU FT       Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      6736.95         3143.91        0.00               1122.82          3593.04
                                    SL

Asset:       845    Tag:  A2775       Asset Grp: BS   UPRIGHT FREEZER 24.4 CU FT       Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      6736.95         3143.91        0.00               1122.82          3593.04
                                    SL

Asset:       846    Tag:  A2810       Asset Grp: BS   UPRIGHT FREEZER 24.4 CU FT       Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      6736.95         3143.91        0.00               1122.82          3593.04
                                    SL

Asset:       849    Tag:  A2747       Asset Grp: BS   MODULINE 12-8 CHANNEL DELIVERY   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      4145.28         1934.46        0.00                690.88          2210.82
                                    SL

Asset:       852    Tag:  A4991       Asset Grp: BS   GILSON PREP HPLC SYSTEMS         Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      64449.17       30076.29        0.00              10741.52         34372.88
                                    SL

Asset:       881    Tag:  A2901       Asset Grp: BS   SPEEDVAC EVAPORATOR-CONCENTRAT   Cat:  D     Sim: N  Tax Exempt: N  Used:  N
03/01/1997  FM         60     28.000                      11873.94      [ILLEGIBLE]    [ILLEGIBLE]     [ILLEGIBLE]      [ILLEGIBLE]
                                    SL
</TABLE>


<PAGE>   14

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999        Page 9

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>    <C>       <C>     <C>              <C>                <C>           <C>        <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       901    Tag:  A2999       Asset Grp: BS    SHIMADZU HPLC                    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
05/01/1997  FM         60     30.000                       24001.30       12000.66        0.00              4000.21         12000.64
                                    SL

Asset:       908    Tag:  A3004       Asset Grp: BS    COMPLETE 1100 HPLC SYSTEM        Cat:  D    Sim: N  Tax Exempt: N  Used:  N
05/01/1997  FM         60     30.000                       52815.89       26407.94        0.00              8802.65         26407.95
                                    SL

Asset:       933    Tag:  A3083       Asset Grp: BS    PS API150 HASS SPECTROMETER      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/01/1997  FM         60     31.000                       160788.07      83073.85        0.00             26798.00         77714.22
                                    SL

Asset:       939    Tag:  A3081       Asset Grp: BS    HYDRA-96 RB AUTOMATIC DISPENSE   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/01/1997  FM         60     31.000                       24356.25       12584.06        0.00              4059.38         11772.19
                                    SL

Asset:       944    Tag:  A3090       Asset Grp: BS    BALANCE METTLER ANALYTICAL       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/01/1997  FM         60     31.000                       4589.63         2371.31        0.00               764.93          2218.32
                                    SL

Asset:       945    Tag:  A4733       Asset Grp: BS    VACUUM CONTROLLER                Cat:  D    Sim: N  Tax Exempt: N  Used:  N
06/01/1997  FM         60     31.000                       1353.13          699.12        0.00               225.52           654.01
                                    SL

Asset:       952    Tag:  A3088       Asset Grp: BS    CONTROLLER- DIGITAL TEMP         Cat:  D    Sim: N  Tax Exempt: N  Used:  N
07/01/1997  FM         60     32.000                       2149.86         1146.60        0.00               358.30          1003.26
                                    SL

Asset:       954    Tag:  A2907       Asset Grp: BS    HP 8453 UV-VISIBLE SPECTROPHOT   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
07/01/1997  FM         60     32.000                       13228.25        7055.07        0.00              2204.70          6173.18
                                    SL

Asset:       977    Tag:  A3131       Asset Grp: BS    VACUUM PUMP WITH OIL MIST ELIM   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
08/01/1997  FM         60     33.000                       2376.70         1307.19        0.00               396.11          1069.51
                                    SL

Asset:       997    Tag:  A4890/A4896 Asset Grp: BS    4 SETS SURGERY LAMPS + BULBS     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
09/01/1997  FM         60     34.000                       9000.11         5100.07        0.00              1500.01          3900.04
                                    SL

Asset:       1036   Tag:  A4824       Asset Grp: BS    ROLIFT WALKIE STACKER            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
10/01/1997  FM         60     35.000                       7734.96         4512.06        0.00              1289.16          3222.90
                                    SL

Asset:       1049   Tag:  A3204       Asset Grp: BS    HYDRA-96  FLEX-CHEM DISPENSER    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
11/01/1997  FM         60     36.000                       22489.65       13493.78        0.00              3748.28          8995.87
                                    SL

Asset:       1081   Tag:  A3229       Asset Grp: BS    2 PCS VACUUM CORROSION RESIS 1   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       4493.60         2771.06        0.00               748.93          1722.54
                                    SL

Asset:       1083   Tag:  A3201       Asset Grp: BS    215 GILSON LIQUID HANDLER WITH   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       17784.80       10967.30        0.00              2964.13          6817.50
                                    SL

Asset:       1086   Tag:  A3240       Asset Grp: BS    REFRIGERATOR EXPLOSION PROOF     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       1683.29         1038.02      [ILLEGIBLE]    [ILLEGIBLE]     [ILLEGIBLE]
                                    SL
</TABLE>


<PAGE>   15

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 10

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>      <C>     <C>              <C>                 <C>          <C>        <C>                    <C>
Type:  CP           Property: PERSONAL

Asset:       1087   Tag:  A3227       Asset Grp: BS    2 PCS ROTARY EVAPORATOR BUCHI    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       8140.40         5019.92        0.00              1356.73          3120.48
                                    SL

Asset:       1088   Tag:  A3223-A3226 Asset Grp: BS    4 PCS MODIFIED DISPENSER UNITS   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       4416.60         2723.57        0.00               736.10          1693.03
                                    SL

Asset:       1089   Tag:  A3219-A3222 Asset Grp: BS    4 PCS CUXTOM CONVEYOR UNIT       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       12365.50        7652.40        0.00              2060.91          4740.10
                                    SL

Asset:       1090   Tag:  A3232       Asset Grp: BS    2 PCS DIAPHRAM VACUUM PUMP       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       2318.72         1429.88        0.00               386.45           888.84
                                    SL

Asset:       1094   Tag:  A3235       Asset Grp: BS    MASTERPRO BALANCE                Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       2273.25         1401.83        0.00               378.88           871.42
                                    SL

Asset:       1096   Tag:  A3944       Asset Grp: BS    ANALYTICAL BALANCE2100           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
12/01/1997  FM         60     37.000                       3072.14         1894.49        0.00               512.02          1177.65
                                    SL

Asset:       1103   Tag:  A3236       Asset Grp: BS    PUMP RV 5 TWO STAGE 115V         Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1998  FM         60     38.000                       1411.58          893.99        0.00               235.27           517.59
                                    SL

Asset:       1109   Tag:  SF1377      Asset Grp: BS    FREEZEMOBILE EL-12L-208V W- MA   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1998  FM         60     38.000                       14376.56        9105.15        0.00              2396.10          5271.41
                                    SL

Asset:       1118   Tag:  N/A         Asset Grp: BS    GENEVAC HT ATLAS                 Cat:  D    Sim: N  Tax Exempt: N  Used:  N
01/01/1998  FM         60     38.000                       66963.63       42410.30        0.00             11160.60         24553.33
                                    SL

Asset:       1122   Tag:  A3251       Asset Grp: BS    FLEXCHEM ROTATING INCUBATOR      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1998  FM         60     39.000                       9634.25         6262.27        0.00              1605.70          3371.98
                                    SL

Asset:       1123   Tag:  A3249       Asset Grp: BS    FLEXCHEM ROTATING INCUNBATOR     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1998  FM         60     39.000                       13531.25        8795.32        0.00              2255.20          4735.93
                                    SL

Asset:       1124   Tag:  A3252       Asset Grp: BS    TECAN GENESIS 200-8 ROBOTIC SA   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1998  FM         60     39.000                       99548.25       64706.36        0.00             16591.38         34841.89
                                    SL

Asset:       1129   Tag:  A3253-A3254 Asset Grp: BS    DELL OPTIFLEX GX 1200 MHZ PENT   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
02/01/1998  FM         60     39.000                       3429.36         2229.09        0.00               571.56          1200.27
                                    SL

Asset:       1150   Tag:  A3272       Asset Grp: BS    HYDRA-96 R-B DISPENSER IML       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
03/01/1998  FM         60     40.000                       22407.75       14938.50        0.00              3734.62          7469.25
                                    SL

Asset:       1159   Tag:  A6018       Asset Grp: BS    RECIPROCAL SHAKER 115V           Cat:  D    Sim: N  Tax Exempt: N  Used:  N
04/01/1998  FM         60     41.000                       1219.98          833.65        0.00          [ILLEGIBLE]    [ILLEGIBLE]
                                    SL
</TABLE>


<PAGE>   16

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 11

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>     <C>       <C>     <C>                <C>              <C>         <C>        <C>                    <C>
Type:  EQ             Property: PERSONAL

 Asset:        1160   Tag:  A6019       Asset Grp:  BS     RECIPROCAL SHAKER 115V       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 04/01/1998   FM         60     41.000                     1219.98          833.65        0.00               203.33           386.33
                                      SL

 Asset:        1183   Tag:  A6160       Asset Grp:  BS     RECIPROCAL SHAKER 115V       Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 04/01/1998   FM          60      41.000                   1219.98          833.65        0.00               203.33           386.33
                                        SL

 Asset:        1196   Tag:  SF1465      Asset Grp:  BS     Robot for Combi Chem         Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 02/06/1997   FM          60      27.000                   49707.23       22368.25        0.00              8284.54         27338.98
                                        SL

 Asset:        1200   Tag:  A7055       Asset Grp:  BS     API 150 MASS SPECTROMETER    Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   144500.12     101150.09        0.00             24083.35         43350.03
                                        SL

 Asset:        1201   Tag:  A6297       Asset Grp:  BS     215 LIQUID HANDLER W- PUMP   Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   18952.58       13266.80       0.00               3158.77          5685.78
                                        SL

 Asset:        1203   Tag:  A6307       Asset Grp:  BS     HYDRA - 96RB AUTO DIS (115V) 1 Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   22407.75       15685.43       0.00             3734.62            6722.32
                                        SL

 Asset:        1206   Tag:  A6732/A6733 Asset Grp:  BS     ENHANCED DATA STATION 220-9715 Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   2313.30         1619.31       0.00              385.55             693.99
                                        SL

 Asset:        1207   Tag:  A6731       Asset Grp:  BS     SYSTEM CONTROLLER - SCL-10ACPCat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   10649.28        7454.49       0.00             1774.88            3194.79
                                        SL

 Asset:        1212   Tag:  A6450       Asset Grp:  BS     SEDEX 55 E.L.S. DETECTOR     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   16671.50       11670.04       0.00             2778.59            5001.46
                                        SL

 Asset:        1213   Tag:  A6595       Asset Grp:  BS     SEDEX 55 E.L.S. DETECTOR     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   16671.50       11670.04       0.00             2778.59            5001.46
                                        SL

 Asset:        1214   Tag:  A6584       Asset Grp:  BS     HP BINARY PUMP WITH SOLVENT SE Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   12852.32        8996.63       0.00             2142.05            3855.69
                                        SL

 Asset:        1215   Tag:  A6585       Asset Grp:  BS     HP BINARY PUMP               Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   12852.31        8996.62       0.00             2142.05            3855.69
                                        SL

 Asset:        1216   Tag:  A6586       Asset Grp:  BS     HP 1100 VACUUM DEGASSER      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   2520.06         1764.05       0.00              420.00             756.01
                                        SL

 Asset:        1217   Tag:  A6585       Asset Grp:  BS     HP 1100 VACUUM DEGASSER      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   2520.06         1764.05       0.00              420.00             756.01
                                        SL

 Asset:        1218   Tag:  A6588       Asset Grp:  BS     HP 1100 THERMOSTATTED COLUMN W Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42.000                   4215.85         2951.10       0.00          [ILLEGIBLE]
                                        SL
</TABLE>


<PAGE>   17

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 12

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>            <C>    <C>         <C>   <C>                <C>             <C>          <C>        <C>                    <C>
Type:  EQ             Property: PERSONAL

 Asset:        1219   Tag:  A6589       Asset Grp:  BS     HP 1100 THERMOSTATTED COLUMN W Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM          60      42..000                  4215.85         2951.10      0.00               702.64            1264.75
                                        SL

 Asset:        1220   Tag:  A6590       Asset Grp:  BS     HP110 DIODE ARRAY DETECTORW. Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     12852.31        8996.62        0.00              2142.05          3855.69
                                      SL

 Asset:        1221   Tag:  A6591       Asset Grp:  BS     HP110 DIODE ARRAY DETECTOR WICat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     12852.31        8996.62        0.00              2142.05          3855.69
                                      SL

 Asset:        1222   Tag:  A6440       Asset Grp:  BS     HP110 BINARY PUMP            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     12852.31        8996.62        0.00              2142.05          3855.69
                                      SL

 Asset:        1223   Tag:  A6441       Asset Grp:  BS     HP 1100 VACUUM DEGASSER      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     2520.06         1764.05        0.00               420.00           756.01
                                      SL

 Asset:        1224   Tag:  A6442       Asset Grp:  BS     HP 1100 AUTOSAMPLER          Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     9660.23         6762.16        0.00              1610.04          2898.07
                                      SL

 Asset:        1225   Tag:  A6444       Asset Grp:  BS     HP 1100 DIODE-ARRAY DETECTOR W-Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     14149.09        9904.35        0.00              2358.19          4244.74
                                      SL

 Asset:        1226   Tag:  A6443       Asset Grp:  BS     HP 1100 THERMOSTATTED COL COMP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     2535.80         1775.06        0.00               422.63           760.74
                                      SL

 Asset:        1227   Tag:  A6445-A6447 Asset Grp:  BS     SINGLE INSTRUMENT LC 3D CHEMST Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 05/01/1998   FM         60     42.000                     15548.78       10884.14        0.00              2591.47          4664.64
                                      SL

 Asset:        1375   Tag:  A7032-A7036 Asset Grp:  BS     RAININ GRADIENT HPLC SYSTEM W- Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 08/01/1998   FM         60     45.000                     58686.87       44015.16        0.00              9781.14         14671.71
                                      SL

 Asset:        1381   Tag:  A7011       Asset Grp:  BS     SERIAL TEACH PENDANT         Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 09/01/1998   FM         60     46.000                     1206.99          925.35        0.00               201.17           281.64
                                      SL

 Asset:        1414   Tag:  A7067       Asset Grp:  BS     PUMP- AL190C CORROSION RESISTA Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     2711.47         2124.00        0.00               451.90           587.47
                                      SL

 Asset:        1431   Tag:  A7074       Asset Grp:  BS     HYDRA 96 FLEXCHEM            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     23138.44       18125.12        0.00              3856.40          5013.32
                                      SL

 Asset:        1432   Tag:  A7069       Asset Grp:  BS     RECIPROCAL SHAKER            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     1177.22          922.16        0.00               196.20           255.06
                                      SL

 Asset:        1433   Tag:  A7070       Asset Grp:  BS     RECIPROCAL SHAKER            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     1177.22          922.16        0.00               196.20     [ILLEGIBLE]
                                      SL
</TABLE>


<PAGE>   18

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 13

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>           <C>     <C>       <C>     <C>                <C>              <C>         <C>        <C>                    <C>
Type:  EQ             Property: PERSONAL

 Asset:        1434   Tag:  A7071       Asset Grp:  BS     RECIPROCAL SHAKER            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     1177.23          922.17        0.00               196.20           255.06
                                      SL

 Asset:        1440   Tag:  N/A         Asset Grp:  BS     IMPACRT 2-8 CHANNEL 1250UL PIP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     2347.72         1839.04        0.00               391.29           508.68
                                      SL

 Asset:        1441   Tag:  N/A         Asset Grp:  BS     IMPACT 2-12 CHANNEL 850 UL PIP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     2577.03         2018.68        0.00               429.50           558.35
                                      SL

 Asset:        1442   Tag:  A7078       Asset Grp:  BS     TWO DOOR REP EXPLOSION PROOF Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     1780.68         1385.03        0.00               296.80           385.85
                                      SL

 Asset:        1443   Tag:  A7081       Asset Grp:  BS     HYDRA 96 DISP                Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 10/01/1998   FM         60     47.000                     23138.44       18125.12        0.00              3856.40          5013.32
                                      SL

 Asset:        1449   Tag:  A7066       Asset Grp:  BS     HP 35900E A-D CONVERTER      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 11/01/1998   FM         60     48.000                     3026.77         2421.42        0.00               504.46           605.35
                                      SL

 Asset:        1459   Tag:  A7087       Asset Grp:  BS     Reciprocal Shaker            Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 11/01/1998   FM         60     48.000                     1187.52          950.03        0.00               197.91           237.49
                                      SL

 Asset:        1488   Tag:  A7099       Asset Grp:  BS     BUCHI MODEL R-114C ROTARY EVAP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     3298.95         2694.15        0.00               549.82           604.80
                                      SL

 Asset:        1489   Tag:  A7100       Asset Grp:  BS     BUCHI MODEL R-114C ROTARY EVAP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     3298.95         2694.15        0.00               549.82           604.80
                                      SL

 Asset:        1490   Tag:  A7101       Asset Grp:  BS     BUCHI MODEL R-114C ROTARY EVAP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     3298.95         2694.15        0.00               549.82           604.80
                                      SL

 Asset:        1491   Tag:  A7102       Asset Grp:  BS     BUCHI MODEL R-114C ROTARY EVAP Cat:  D  Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     3298.96         2694.16        0.00               549.82           604.80
                                      SL

 Asset:        1493   Tag:  A7103       Asset Grp:  BS     BALANCE - STANDARD LEVEL     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     2747.54         2243.83        0.00               457.92           503.71
                                      SL

 Asset:        1496   Tag:  A7094       Asset Grp:  BS     HT12 EVAPORATION SYSTEM      Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     87346.93       71333.33        0.00             14557.82         16013.60
                                      SL

 Asset:        1497   Tag:  A7470       Asset Grp:  BS     DIGITAL VACUUM REGULATOR     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     1227.23         1002.24        0.00               204.54           224.99
                                      SL

 Asset:        1498   Tag:  A7108       Asset Grp:  BS     DIGITAL VACUUM REGULATOR     Cat:  D    Sim: N  Tax Exempt: N  Used:  N
 12/01/1998   FM         60     49.000                     1227.22         1002.24       0.00          [ILLEGIBLE]      [ILLEGIBLE]
                                      SL
</TABLE>


<PAGE>   19

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 14

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>               <C>              <C>                <C>       <C>          <C>                     <C>
Type:  FN            Property: PERSONAL

 Asset:       32     Tag:  A3912/A3935 Asset Grp:  BS   6 Flexion II Chairs          Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 09/30/1993  FM         60           SL                 2321.00            0.00       0.00                   0.00            2321.00

 Asset:       36     Tag:  A1962       Asset Grp:  BS   1 Modular Furniture (Various c Cat:  D    Sim:  N  Tax Exempt: N  Used:  N
 06/30/1994  FM         60           SL                 9965.01            0.00       0.00                 830.42            9965.01

 Asset:       55     Tag:  SEE COMMENTS                 Asset Grp:  BS               40 Concert Chairs     Cat:  D        Sim:  N
 Tax Exempt: N       Used:  N
 06/30/1996  FM         48     7.000                    14375.60        2096.45        0.00                 2994.91         12279.15
                                     SL

 Asset:       58     Tag:  A3973       Asset Grp:  BS   6 Superior Concert Chairs    Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 07/31/1996  FM         48     8.000                    2369.59          394.93        0.00                  493.66          1974.66
                                     SL

 Asset:       1013   Tag:  SEE COMMENTS Asset Grp:  BS  4 PCS TASK CHAIR WITH ARMS   Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
                                                        STO
 09/01/1997  FM         60     34.000                   1039.20          588.88        0.00                  173.20           450.32
                                     SL

 Asset:       1027   Tag:  A3150/A3152 Asset Grp:  BS   6 PCS CHAIR SLED BASE WINE   Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 09/01/1997  FM         60     34.000                   1149.62          651.46        0.00                  191.60           498.16
                                     SL

 Asset:       1047   Tag:  SEE COMMENTS Asset Grp:  BS  20 PCS OFFICE MASTER TASK       Cat:  D   Sim:  N  Tax Exempt: N  Used:  N
                                                        CHAIR
 11/01/1997  FM         60     36.000                   4801.99         2881.19        0.00                  800.33          1920.80
                                     SL

 Asset:       1048   Tag:  SEE COMMENTS Asset Grp:  BS  10 GUEST CHAIR SUPERIOR        Cat:  D    Sim:  N  Tax Exempt: N  Used:  N
                                                        OVERTU
 11/01/1997  FM         60     36.000                   1317.41          790.45        0.00                  219.57           526.96
                                     SL

 Asset:       1051   Tag:  SEE COMMENTS Asset Grp:  BS  10 PCS OFFICE CHAIR BURGANDY   Cat:  D    Sim:  N  Tax Exempt: N  Used:  N
 11/01/1997  FM         60     36.000                   2401.00         1440.60        0.00                  400.17           960.40
                                     SL

 Asset:       1271   Tag:  N/A          Asset Grp:  BS  BOB REED'S OFFICE            Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 07/01/1998  FM         60     44.000                   10884.34        7981.84        0.00                 1814.06          2902.50
                                     SL

 Asset:       1428   Tag:  N/A          Asset Grp:  BS  FURNITURE FOR TODD SOMERS    Cat:  D      Sim:  N  Tax Exempt:  N Used:  N
                                                        OFFICE
 10/01/1998  FM         60     47.000                   4867.65         3812.99        0.00                  811.28          1054.66
                                     SL
             Type:                       Total:             55492.41   20638.79                             8729.20         34853.62
             FN


Type:  LEQ           Property:  PERSONAL

 Asset:       1581   Tag:  A1036       Asset Grp:  BS   800 Per Mon W-VB RCBAT       Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 05/31/1993  FM         42           SL                 155.00             0.00        0.00                    0.00           155.00

 Asset:       1592   Tag:  A4076       Asset Grp:  BS   Chromatography Refrigerator  Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 05/31/1993  FM         42           SL                 2441.00            0.00        0.00                    0.00          2441.00

 Asset:       1630   Tag:  A5408-A5412 Asset Grp:  BS   6 Tables                     Cat:  D      Sim:  N  Tax Exempt: N  Used:  N
 06/10/1993  FM         42           SL                                                                                [ILLEGIBLE]
</TABLE>


<PAGE>   20

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 15

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>               <C>             <C>                    <C>       <C>       <C>                     <C>
Type:  LEQ           Property: PERSONAL

 Asset:       1631   Tag:  A5000/A5413 Asset Grp:  BS        6 Tables                   Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 06/30/1993  FM         42         SL                      221.39             0.00        0.00                0.00            221.39

 Asset:       1632   Tag:  A3867     Asset Grp:  BS    6 Tables                         Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 06/30/1993                        SL                      221.39             0.00        0.00                0.00            221.39

 Asset:       1633   Tag:  A3871     Asset Grp:  BS    5 Table                          Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 06/30/1993  FM         42         SL                      202.67             0.00        0.00                0.00            202.67

 Asset:       1640   Tag:  A2995     Asset Grp:  BS    LaserWriter Pro 630 W-Toner      Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 06/30/1993  FM         42         SL                      2597.99            0.00        0.00                0.00           2597.99

 Asset:       1652   Tag:  A2080     Asset Grp:  BS    Rotary Culture Apparatus Deck    Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 06/30/1993  FM         42         SL                      430.10             0.00        0.00                0.00            430.10

 Asset:       1661   Tag:  A4777     Asset Grp:  BS    Tekmar Speed Control - Motor C1  Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      298.00             0.00        0.00                0.00            298.00

 Asset:       1662   Tag:  A4778     Asset Grp:  BS    Electrophoresis - Gel Sequencer  Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      785.00             0.00        0.00                0.00            785.00

 Asset:       1675   Tag:  A4779     Asset Grp:  BS    604U-R Auto Control Pump         Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      3137.00            0.00        0.00                0.00           3137.00

 Asset:       1677   Tag:  A4780     Asset Grp:  BS    Rotor Horizontal                 Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      561.00             0.00        0.00                0.00            561.00

 Asset:       1678   Tag:  A2229     Asset Grp:  BS    Vac Gage w - Vacuum Gage Trap    Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      273.27             0.00        0.00                0.00            273.27

 Asset:       1679   Tag:  A4781     Asset Grp:  BS    Rotor - Horizontal               Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      329.00             0.00        0.00                0.00            329.00

 Asset:       1680   Tag:  A4782     Asset Grp:  BS    Trunnion Ring                    Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      52.00              0.00        0.00                0.00             52.00

 Asset:       1681   Tag:  A4783     Asset Grp:  BS    Trunnion Ring                    Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      52.00              0.00        0.00                0.00             52.00

 Asset:       1682   Tag:  A4784     Asset Grp:  BS    Shield - Sealed (4 qty.)         Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      289.76             0.00        0.00                0.00            289.76

 Asset:       1691   Tag:  A2243     Asset Grp:  BS    Air Sensor Biopilot              Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/31/1993  FM         42         SL                      [ILLEGIBLE]              [ILLEGIBLE]    [ILLEGIBLE]       [ILLEGIBLE]
</TABLE>


<PAGE>   21

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 16

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>              <C>                  <C>             <C>
Type:  LEQ           Property: PERSONAL

 Asset:       1701   Tag:  A1174       Asset Grp:  BS  Retriever 500 Fraction Collect   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 07/31/1993  FM         42           SL                    950.00             0.00        0.00                0.00           950.00

 Asset:       1713   Tag:  A4872       Asset Grp:  BS  Omnigene Thermal Cycler          Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 07/31/1993  FM         42           SL                    5290.00            0.00        0.00                0.00          5290.00

 Asset:       1716   Tag:  A4787       Asset Grp:  BS  Gene Pulser Cap. Extender        Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 07/31/1993  FM         42           SL                    920.00             0.00        0.00                0.00           920.00

 Asset:       1734   Tag:  A4882       Asset Grp:  BS  Pre-Filter P-500 (3 qty.)        Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 07/31/1993  FM         42           SL                    211.20             0.00        0.00                0.00           211.20

 Asset:       1736   Tag:  A4752       Asset Grp:  BS  HR Flow Cell (2 qty.)            Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 07/31/1993  FM         42           SL                    1352.00            0.00        0.00                0.00          1352.00

 Asset:       1763   Tag:  A3284       Asset Grp:  BS  Diluter 79930                    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 09/30/1993  FM         42           SL                    2771.00            0.00        0.00                0.00          2771.00

 Asset:       1770   Tag:  A5479       Asset Grp:  BS  Sony-CB-0003                     Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 09/30/1993  FM         42           SL                    2310.00            0.00        0.00                0.00          2310.00

 Asset:       1796   Tag:  A1748       Asset Grp:  BS  Water Aspirator                  Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 12/31/1993  FM         42           SL                    1618.76            0.00        0.00                0.00          1618.76

 Asset:       1802   Tag:  A2753       Asset Grp:  BS  110g Balance                     Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 12/31/1993  FM         42           SL                    1420.00            0.00        0.00                0.00          1420.00

 Asset:       1852   Tag:  A2724       Asset Grp:  BS  Bio Pilot (for FPLC)             Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    55128.22           0.00        0.00                0.00         55128.22

 Asset:       1856   Tag:  A3979       Asset Grp:  BS  Laserwriter Pro810               Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    4371.00            0.00        0.00                0.00          4371.00

 Asset:       1862   Tag:  A3945       Asset Grp:  BS  Computers                        Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    2780.00            0.00        0.00                0.00          2780.00

 Asset:       1870   Tag:  A3933       Asset Grp:  BS  Laminar FlowHoods                Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    11952.44           0.00        0.00                0.00         11952.44

 Asset:       1871   Tag:  A3937       Asset Grp:  BS  PD pumps                         Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    3309.25            0.00        0.00                0.00          3309.25

 Asset:       1873   Tag:  A1825       Asset Grp:  BS  Ultrafilter Centracette          Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    [ILLEGIBLE]   [ILLEGIBLE]  [ILLEGIBLE]      [ILLEGIBLE]     [ILLEGIBLE]

 Asset:       1876   Tag:  A3931       Asset Grp:  BS  Nalgene Tanks                    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994  FM         48           SL                    11444.50           0.00        0.00                0.00         11444.50
</TABLE>


<PAGE>   22

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 17

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>    <C>         <C>              <C>             <C>            <C>                   <C>        <C>
Type:  LEQ            Property: PERSONAL

 Asset:        1877   Tag:  A3946       Asset Grp:  BS   Flow meters                    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1994   FM         48           SL                     11313.00           0.00      0.00                0.00         11313.00

 Asset:        1883   Tag:  A3913       Asset Grp:  BS   Osmometer                      Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 08/31/1994   FM         48           SL                     4236.00            0.00      0.00                0.00          4236.00

              Type:                       Total:             148557.43          0.00      0.00                0.00        148557.43
              LEQ

Type:  LFN            Property:  PERSONAL

 Asset:        1545   Tag:  5442        Asset Grp:  BS   Corner Table-Walnut            Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 04/30/1993   FM         42           SL                     59.00              0.00      0.00                0.00            59.00

 Asset:        1550   Tag:  A5568       Asset Grp:  BS   Holga 5 Drawer Lateral File    Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 05/31/1993   FM         42           SL                     3935.65            0.00      0.00                0.00          3935.65

 Asset:        1557   Tag:  A4080/A4739 Asset Grp:  BS   8 Brever Chairs w- Arms        Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 05/31/1993   FM         42           SL                     1776.00            0.00      0.00                0.00          1776.00

 Asset:        1558   Tag:  A1351       Asset Grp:  BS   Desk Chair - No Arm- Adj Hgt.  Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 06/30/1993   FM         42           SL                     458.25             0.00      0.00                0.00           458.25

 Asset:        1561   Tag:  A4082       Asset Grp:  BS   Desk Chair - No Arm- Adj Hgt.  Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 06/30/1993   FM         42           SL                     458.25             0.00      0.00                0.00           458.25

 Asset:        1562   Tag:  A4083       Asset Grp:  BS   Desk Chair - No Arm- Adj Hgt.  Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 06/30/1993   FM         42           SL                     458.25             0.00      0.00                0.00           458.25

 Asset:        1570   Tag:  A3865       Asset Grp:  BS   5 - 5 Tables                   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 08/31/1993   FM         42           SL                     1013.35            0.00      0.00                0.00          1013.35

 Asset:        1573   Tag:  A1705       Asset Grp:  BS   2 - 6 Workstations             Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 08/31/1993   FM         42           SL                     424.68             0.00      0.00                0.00           424.68

              Type:                       Total:             8583.43            0.00      0.00                0.00          8583.43
              LFN

Type:  LHB                                               Property:  PERSONAL

 Asset:        279    Tag:  A3934       Asset Grp:  BS   Vacuum For Two Hoods           Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 03/31/1994   FM         42           SL                   2918.00            0.00      0.00                0.00          2918.00

 Asset:        284    Tag:  A4073       Asset Grp:  BS                                  Cat:  D   Sim: N  Tax Exempt: N  Used:  N
         [ILLEGIBLE]                         [ILLEGIBLE]         [ILLEGIBLE]         [ILLEGIBLE]     [ILLEGIBLE]     [ILLEGIBLE]

 Asset:        285    Tag:  A3938       Asset Grp:  BS   Exhaust hood                   Cat:  D   Sim: N  Tax Exempt: N  Used:  N
 02/28/1995   FM         46           SL                     2320.00            0.00      0.00                0.00          2320.00
</TABLE>


<PAGE>   23

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 18

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>                    <C>       <C>       <C>                  <C>
              Type:   LHB              Total:          12700.00               0.00        0.00                0.00          12700.00

Type:  OF            Property: PERSONAL

 Asset:       70     Tag:  A1951       Asset Grp:  BS  42 Round cherry table            Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 04/30/1994  FM         60           SL                    982.55             0.00        0.00               49.13            982.55

 Asset:       71     Tag: SEE COMMENTS Asset Grp:  BS  12 Ergon Hgt. chairs- dark ton   Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 08/31/1991  FM         48           SL                    2971.80            0.00        0.00                  0.00         2971.80

 Asset:       74     Tag:  A5343       Asset Grp:  BS  12 Ergon Hgt. chairs - dark ton  Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 08/31/1991  FM         48           SL                    2971.80            0.00        0.00                  0.00         2971.80

 Asset:       75     Tag: SEE COMMENTS Asset Grp:  BS  12 Ergon Side chairs- dark to    Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 08/31/1991  FM         48           SL                    2670.00            0.00        0.00                  0.00         2670.00

 Asset:       81     Tag:  A5431       Asset Grp:  BS  2 30x60 Single Pedestal Desk w   Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 09/30/1991  FM         48           SL                    1074.00            0.00        0.00                  0.00         1074.00

 Asset:       967    Tag:  A4873       Asset Grp:  BS  KODAK EKTAGRAPHIC III WITH ACC   Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 07/01/1997  FM         60     32.000                      1127.71          601.45        0.00                187.95          526.26
                                     SL

 Asset:       1024   Tag:  A4072/A3397 Asset Grp:  BS  4 PCS OVERHEAD PROJECTOR         Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 09/01/1997  FM         60     34.000                      1381.27          782.73        0.00                230.20          598.54
                                     SL

 Asset:       1025   Tag:  A3400       Asset Grp:  BS  3 PCS EKTAGRAPHIC III SLIDE      Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 09/01/1997  FM         60     34.000                      2172.58         1231.12        0.00                362.10          941.46
                                     SL

 Asset:       1031   Tag:  A3145       Asset Grp:  BS  2 PCS XEROX 7042 FAX MACHINE     Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 10/01/1997  FM         60     35.000                      4522.69         2638.22        0.00                753.79         1884.47
                                     SL

             Type:                       Total:                19874.40    5253.52        0.00               1583.17        14620.88
             OF

Type:  SW            Property:  PERSONAL

 Asset:       9      Tag:  A4786       Asset Grp:  BS  1 BIOSYM                         Cat:  D   Sim: N  Tax Exempt:  N  Used:  N
 09/30/1995  FM         36                                     43253.56    0.00            0.00                 0.00        43253.56

             Type: SW                    Total:                43253.56    0.00            0.00                 0.00        43253.56
             Company:  100               Total:              2891093.48  1116818.00        0.00            378956.79    [ILLEGIBLE]

Company:  100 Assets Reported:  262
</TABLE>


<PAGE>   24

AM260   Date   7/99
        Time 16:19                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  200 Axys Pharmaceuticals, Inc.  LJ USD        11/30/1999       Page 19

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>                     <C>        <C>          <C>              <C>

Type:  CP            Property: PERSONAL

Asset:        2434   Tag:  01769       Asset Grp:  BS  Server U2-2X167 128mb-26gb         Cat: D  Sim: N  Tax Exempt:  N  Used:  N
03/01/1997   FM           60     28.000                        19804.08        9241.90            0.00          3300.68     10562.18
                                       SL

Asset:        3259   Tag:  01501       Asset Grp:  BS  Tax and Freight                    Cat: D  Sim: N  Tax Exempt:  N  Used:  N
07/01/1996   FM           48     8.000                          5914.50         956.64            0.00          1195.80      4957.86
                                       SL

Asset:        4587   Tag:  02736       Asset Grp:  BS  Server- Sun Ultrasparc IT E450     Cat: D  Sim: N  Tax Exempt:  N  Used:  N
03/31/1998   NM           60     41.000                        53276.74       36405.77            0.00          8879.46     16870.97
                                       SL

Asset:        4772   Tag:  02929       Asset Grp:  BS  Unipack- 9.1 GB-7200               Cat: D  Sim: N  Tax Exempt:  N  Used:  N
11/30/1998   NM           36     25.000                         1261.09         875.76            0.00           350.30      385.33
                                       SL

Asset:        4773   Tag:  02928       Asset Grp:  BS  Unipack- 9.1 GB-7200               Cat: D  Sim: N  Tax Exempt:  N  Used:  N
11/30/1998   NM           36     25.000                         1261.09         875.76            0.00           350.30      385.33
                                       SL

             Type:                         Total:              81517.50       48355.83            0.00         14076.54    33161.67
             CP

Type:  LCP           Property:  PERSONAL

Asset:        3258   Tag:  01501       Asset Grp:  BS  Storage Server Gigarald            Cat: D  Sim: N  Tax Exempt:  N  Used:  N
07/01/1996   FM           48     8.00                          71800.00       11966.67            0.00         14958.33    59833.33
                                       SL

             Type:                         Total:              71800.00       11966.67            0.00         14958.33    59833.33
             LCP

             Company:  200                 Total:             153317.50       60322.50            0.00         29034.87    92995.00


Company:  200  Assets Reported:  6

Company Group:  C0100200                   Total:            3044410.98     1177140.50            0.00        407991.66  1867270.48
</TABLE>


<PAGE>   25

AM260   Date   /14/99
        Time 13:55                          Asset Report
                                            Book INTERNAL        USD
                                            From 01/01/1998 Thru 12/31/1999

Company: 100 Axys Pharmaceuticals, Inc.  SSF            USD   11/30/1999  Page 1

                                   SCHEDULE 2

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>

Type:  CP             Property:  PERSONAL

Asset:       4979   Tag:  A6978       Asset Grp:  COMBI99  Comp Eq Sony Monitor 17" 75 MHz  Cat:  D  Sim: N  Tax Exempt: N   Used: N
01/22/1999  NM           36     28.143                     470.89               368.12      0.00             102.77          102.77
                                      SL

Asset:       4890   Tag:  A6975       Asset Grp:  COMBI99  Comp Eq. Powermac G3 350 64 MB   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/22/1999  NM           36     28.143                     2590.42             2025.06      0.00             565.36          565.36
                                      SL

Asset:       5286   Tag:  A8028       Asset Grp:  COMBI99  Computer PIII 500K Dell          Cat:  D  Sim: N  Tax Exempt: N  Used:  N
08/27/1999  NM           36     34.000                     2817.75             2661.21      0.00             156.54          156.54
                                      SL

Asset:       5287   Tag:  A8029       Asset Grp:  COMBI99  Computer PIII500K Dell           Cat:  D  Sim: N  Tax Exempt: N  Used:  N
08/27/1999  NM           36     34.000                     2817.75             2661.21       0.00             156.54         156.54
                                      SL

Asset:       5288   Tag:  A8028       Asset Grp:  COMBI99  Computer 17" monitor             Cat:  D  Sim: N  Tax Exempt: N  Used:  N
08/27/1999  NM           36     34.000                     475.11               448.71       0.00             26.40           26.40
                                      SL

Asset:       5289   Tag:  A8029       Asset Grp:  COMBI99  Computer 17" monitor             Cat:  D  Sim: N  Tax Exempt: N  Used:  N
08/27/1999  NM           36     34.000                     475.12               448.72       0.00             26.40           26.40
                                      SL

Asset:       5299   Tag:  A6811       Asset Grp:  COMBI99  Computer Dell PowerVault 20XS    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
09/14/1999  NM           36     35.000                     11305.58           10991.54       0.00             314.04         314.04
                                      SL

Asset:       5331   Tag:  A8044       Asset Grp:  COMBI99  Computer SSF Computer Hardware   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/20/1999  NM           36     36.000                     1523.82             1523.82       0.00               0.00           0.00
                                      SL

            Type:                         Total:           22476.44           21128.39       0.00             1348.05       1348.05
            CP

Type:  EQ                                                           Property:  PERSONAL

Asset:       1508   Tag:  A7109       Asset Grp:  COMBI99  WORKSTATION CART                 Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/01/1999  FM           60     50.000                     2368.34             1973.62       0.00             394.72         394.72
                                      SL

Asset:       1511   Tag:  A7114       Asset Grp:  COMBI99  MODULINE 12-8 CHANNEL DELIVERY   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/01/1999  FM           60     50.000                     1785.15             1487.63       0.00             297.52         297.52
                                      SL

Asset:       4902   Tag:  A7117       Asset Grp:  COMBI99  Lab Eq- Oven Vacuum              Cat:  D  Sim: N  Tax Exempt: N  Used:  N
12/07/19998 NM           60     55.000                     2226.28             1908.23       0.00             318.05         318.05
                                      SL

Asset:       4905   Tag:  A7110       Asset Grp:  COMBI99  Reciprocal Shaker Bnchtop 115v   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
11/18/1998  NM           60     55.000                     1201.92             1030.22       0.00             171.70         171.70
                                      SL

Asset:       4908   Tag:  A7155       Asset Grp:  COMBI99  Lab Eq-Frzr-86C                  Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/05/1999  NM           60     52.857                     5949.67             5241.37       0.00             708.30         708.30
                                      SL

Asset:       4909   Tag:  A7156       Asset Grp:  COMBI99  Lab Eq- Frzr 23VR - 96C          Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/05/1999  NM           60     52.857                     4949.67             5241.37       0.00             708.30         708.30
                                      SL
</TABLE>


<PAGE>   26

AM260   Date   /14/99
        Time 13:55                          Asset Report
                                            Book INTERNAL        USD
                                            From 01/01/1998 Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc.  SSF USD       11/30/1999        Page 2

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>
Asset:       5024   Tag:  A7160       Asset Grp:  COMBI99   Lab Eq Freezemobile 25 EL       Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/23/1999  NM           60     52.857                      14911.39           13136.23      0.00            1775.16        1775.16
                                      SL

Asset:       5025   Tag:  A7161       Asset Grp:  COMBI99   Lab Eq Unitop 800 HL            Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/23/1999  NM           60     52.857                      22940.00           20209.05      0.00            2730.95        2730.95
                                      SL

Asset:       5026   Tag:              Asset Grp:  COMBI99   Lab Eq Genevac Pump             Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/23/1999  NM           60     52.857                      12370.23           10897.58      0.00            1472.65        1472.65
                                      SL

Asset:       5027   Tag:              Asset Grp:  COMBI99   Lab Eq Fume Hood                Cat:  D  Sim: N  Tax Exempt: N  Used:  N
02/24/1999  NM           60     52.857                      19537.74           17211.82      0.00            2325.92        2325.92
                                      SL

Asset:       5039   Tag:  A7162       Asset Grp:  COMBI99   Lab Eq Automated Heat Sealer    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
03/09/1999  NM           60     53.571                      22106.92           19738.32      0.00            2368.60        2368.60
                                      SL

Asset:       5079   Tag:              Asset Grp:  COMBI99   Lab Eq HPLC System              Cat:  D  Sim: N  Tax Exempt: N  Used:  N
03/15/1999  NM           60     53.571                      82142.85           73341.83      0.00            8801.02        8801.01
                                      SL

Asset:       5088   Tag:  A7202-A7203 Asset Grp:  COMBI99   Lab Eq Flexchem Hydra 96 Disp   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
06/11/1999  NM           60     56.000                      48333.63           45111.39      0.00            3222.24        3222.24
                                      SL

Asset:       5095   Tag:  A7198       Asset Grp:  COMBI99   Lab Eq Large Capacity Mixer     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
05/28/1999  NM           60     55.000                      1589.17             1456.74      0.00             132.43         132.43
                                      SL

Asset:       5204   Tag:  7163        Asset Grp:  COMBI99   Lab Eq HPLC System Gradient     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/19/1999  NM           60     52.667                      57736.51           50705.18      0.00            7031.33        7031.33
                                      SL

Asset:       5227   Tag:  A8020       Asset Grp:  COMBI99   Lab Eq HPLC Chemstation Spectr  Cat:  D  Sim: N  Tax Exempt: N  Used:  N
07/19/1999  NM           60     57.000                      55528.19           52751.78      0.00            2776.41        2776.41
                                      SL

Asset:       5229   Tag:  A7170       Asset Grp:  COMBI99   Lab Eq Ref/Freezer              Cat:  D  Sim: N  Tax Exempt: N  Used:  N
05/18/1999  NM           60     55.333                      1737.56             1602.42      0.00             135.14         135.14
                                      SL

Asset:       5252   Tag:  A7110       Asset Grp:  COMBI99   Lab Eq Shaker Reciprocal        Cat:  D  Sim: N  Tax Exempt: N  Used:  N
12/15/1998  NM           60     57.000                      2369.21             2084.90      0.00             284.31         284.31
                                      SL

Asset:       5254   Tag:  A7123       Asset Grp:  COMBI99   Lab Eq Vacuum Degasser          Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/07/1999  NM           60     53.400                      2542.13             2262.50      0.00             279.63         279.63
                                      SL

Asset:       5255   Tag:  A7124       Asset Grp:  COMBI99   Lab Eq Autosampler              Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/07/1999  NM           60     53.400                      9703.34             8635.97      0.00            1067.37        1067.37
                                      SL

Asset:       5256   Tag:  A7125       Asset Grp:  COMBI99   Lab Eq Thermostatted Col Comp   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/07/1999  NM           60     53.400                      2557.89             2276.52      0.00             281.37         281.37
                                      SL
</TABLE>


<PAGE>   27

AM260   Date /14/99
        Time 13:55                          Asset Report
                                            Book INTERNAL        USD
                                            From 01/01/1998  Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 3

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>

Asset:       5257   Tag:  A7126       Asset Grp:  COMBI99  Lab Eq Variable Wavelength Det  Cat:  D  Sim: N  Tax Exempt: N  Used:  N
01/07/1999  NM           60     53.400                     5912.74             5262.34      0.00             650.40         650.40
                                      SL

Asset:       5297   Tag:  A2026       Asset Grp:  COMBI99  Lab Eq Balance Standard Lvl     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
08/25/1999  NM           60     58.000                     3536.53             3418.65      0.00             117.88         117.88
                                      SL

Asset:       5322   Tag:  A8033       Asset Grp:  COMBI99  Impact Exp 8 Channel            Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/04/1999  NM           60     60.000                     1347.85             1347.85      0.00              0.00            0.00
                                      SL

Asset:       5323   Tag:  A8034       Asset Grp:  COMBI99  Impact Exp 8 Channel Pipettor   Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/04/1999  NM           60     60.000                     1347.85             1347.85      0.00              0.00            0.00
                                      SL

Asset:       5324   Tag:  A8035       Asset Grp:  COMBI99  Impact 2 12 Chanel Pipettor     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/04/1999  NM           60     60.000                     1333.63             1333.63      0.00              0.00            0.00
                                      SL

Asset:       5325   Tag:  A8036       Asset Grp:  COMBI99  Impact 2-12 Channel Pipettor    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/04/1999  NM           60     60.000                     1333.63             1333.63      0.00              0.00            0.00
                                      SL

Asset:       5326   Tag:  A8037       Asset Grp:  COMBI99  Impact 2-12 Channel Pipettor    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/04/1999  NM           60     60.000                     1333.63             1333.63      0.00              0.00            0.00
                                      SL

Asset:       5327   Tag:  A8038       Asset Grp:  COMBI99  Impact 2 8 Channel Pipettor     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/05/1999  NM           60     60.000                     1219.76             1219.76      0.00              0.00            0.00
                                      SL

Asset:       5328   Tag:  A8039       Asset Grp:  COMBI99  Impact 2 8 Channel Pipettor     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/05/1999  NM           60     60.000                     1219.77             1219.77      0.00              0.00            0.00
                                      SL

Asset:       5329   Tag:  A8040       Asset Grp:  COMBI99  Impact 2 8 Channel Pipettor     Cat:  D  Sim: N  Tax Exempt: N  Used:  N
10/05/1999  NM           60     60.000                     1219.77             1219.77      0.00              0.00            0.00
                                      SL

Asset:       5338   Tag:  A8032       Asset Grp:  COMBI99  Lab Eq Isopro Glovebox          Cat:  D  Sim: N  Tax Exempt: N  Used:  N
09/29/1999  NM           60     59.000                     48774.65           47961.74      0.00             812.91         812.91
                                      SL

Asset:       5339   Tag:              Asset Grp:  COMBI99  Lab Eq Isopro Inert Glovebox    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
09/21/1999  NM           60     59.000                     48778.00           47965.03      0.00              812.97        812.97
                                      SL

            Type:                         Total:           492945.61         453268.33      0.00            39677.28      39677.28
            EQ

Type:  FN                                                          Property:  PERSONAL

Asset:       5057   Tag:              Asset Grp:  COMBI99  FN Glassware Cabinet            Cat:  D  Sim: N  Tax Exempt: N  Used:  N
04/01/1999  NM           60     54.285                     3708.00             3354.85      0.00             353.15         353.15
                                      SL

            Type:                         Total:           3708.00             3354.85      0.00             353.15         353.15
            FN

Type:  FX                                                           Property:  PERSONAL
</TABLE>


<PAGE>   28

AM260   Date /14/99
        Time 13:55                          Asset Report
                                            Book INTERNAL        USD
                                            From 01/01/1998  Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 4

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>

Asset:       5096   Tag:            Asset Grp:  COMBI99    Fx Frames for ATD Business      Cat:  D  Sim: N  Tax Exempt: N  Used:  N
04/12/1999  NM           60   54.285                       2162.38             1956.43      0.00             205.95         205.95
                                    SL

            Type:                       Total:             2162.38             1956.43      0.00             205.95         205.95
            FX

Type:  SW                                                           Property:  PERSONAL

Asset:       5099   Tag:            Asset Grp:  COMBI99    Software Microplate Sampling    Cat:  D  Sim: N  Tax Exempt: N  Used:  N
03/05/1999  NM           36   29.571                       3610.69             2965.93      0.00             644.76         644.75
                                    SL

            Type:                       Total:             3610.69             2965.93      0.00             644.76         644.75
            SW

        Company:  100                   Total:             482673.93         482673.93      0.00            42229.19     4 2229.19

Company:  100 Assets Reported:               44
</TABLE>


<PAGE>   29

AM260   Date:  29/99                        JOB SUBMISSION PARAMETERS
        Time:  16:27


User Name : ederlita
Job Name  : COMBI-BSLI
Step Nbr  : 1


===========================================================================
Selection Options
Book, Preliminary Close:     INTERNAL       N        No
        In Service Date:            -       12311999
Company -or- Company Group:  100

               Location:
               Division:
                   Type:
               Property:     All

               Category:     All
              Disposals:  N  No
---------------------------------------------------------------------------
Additional Options

      Fully Depreciated:  Y  Yes
              Simulated:  N  No
             Tax Exempt:  N  No
                   Used:  N  No

                  Asset:
              -or- List:

                    Tag:
            Asset Group:  BSLI
---------------------------------------------------------------------------
Output Options


               Location:  N  No                  Category:  N  No
               Division:  N  No                  Property:  N  No
               Type/Sub:  N  No                In-Service:  N  No
            Asset Group:  N  No
                  Asset:  Y  Yes

              Attribute:

             Page Break:  N  No
---------------------------------------------------------------------------


<PAGE>   30

AM260   Date   9/99
        Time 16:28                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 1

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>                      <C>     <C>                 <C>        <C>

Asset:       270    Tag:  SF416   Asset Grp:  BSLI   Lab Phase I                        Cat:  D Sim: N  Tax Exempt: N  Used:  N
10/31/1991  FM           46       SL                     180438.48              0.00      0.00              0.00         180438.48

Asset:       271    Tag:  SF417   Asset Grp:  BSLI   Design of HVAC (Lab Phase II)      Cat:  D Sim: N  Tax Exempt: N  Used:  N
02/28/1992  FM           42       SL                     12141.83               0.00      0.00              0.00         12141.83

Asset:       272    Tag: SF418    Asset Grp:  BSLI   Lab Phase II                       Cat:  D Sim: N  Tax Exempt: N  Used:  N
02/28/1992  FM           42       SL                     163316.33              0.00      0.00              0.00         163316.33

Asset:       273    Tag:  SF420   Asset Grp:  BSLI   Air Conditioner & Exhaust Fan      Cat:  D Sim: N  Tax Exempt: N  Used:  N
03/05/1992  FM           40       SL                     17900.00               0.00      0.00              0.00         17900.00

Asset:       274    Tag:  SF422   Asset Grp:  BSLI   Lab Phase III                      Cat:  D Sim: N  Tax Exempt: N  Used:  N
04/30/1992  FM           40       SL                     65509.21               0.00      0.00              0.00         65509.21

Asset:       275    Tag:  SF423   Asset Grp:  BSLI   Lab Phase III                      Cat:  D Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM           40       SL                     509.60                 0.00      0.00              0.00           509.60

Asset:       276    Tag:  SF448   Asset Grp:  BSLI   Lab Phase IV                       Cat:  D Sim: N  Tax Exempt: N  Used:  N
01/31/1994  FM           45       SL                     1100000.00             0.00      0.00              0.00         1100000.00

Asset:       277    Tag:  SF449   Asset Grp:  BSLI   Security Card Access System        Cat:  D Sim: N  Tax Exempt: N  Used:  N
02/28/1994  FM           43       SL                     3155.25                0.00      0.00              0.00          3155.25

Asset:       278    Tag:  SF453   Asset Grp:  BSLI   Lab Phase IV                       Cat:  D Sim: N  Tax Exempt: N  Used:  N
03/31/1994  FM           42       SL                     332690.24              0.00      0.00              0.00         332690.24

Asset:       280    Tag:  SF455   Asset Grp:  BSLI   Diesel Generator                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM           40       SL                     17740.56               0.00      0.00              0.00         17740.56

Asset:       281    Tag:  SF457   Asset Grp:  BSLI   Lab Phave V Buildout               Cat:  D Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM           40       SL                     11840.00               0.00      0.00              0.00         11840.00

Asset:       282    Tag:  SF460   Asset Grp:  BSLI   Upgrade Security System            Cat:  D Sim: N  Tax Exempt: N  Used:  N
04/30/1994  FM           40       SL                     16172.00               0.00      0.00              0.00         16172.00

Asset:       283    Tag:  SF464   Asset Grp:  BSLI   Condensing unit to AH#1            Cat:  D Sim: N  Tax Exempt: N  Used:  N
07/31/1994  FM           37       SL                     4000.00                0.00      0.00              0.00          4000.00

Asset:       286    Tag:  SF477   Asset Grp:  BSLI   Suite 1 Buildout                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
07/31/1995  FM           42       SL                     43837.75               0.00      0.00              0.00         43837.75

Asset:       287    Tag:  SF478   Asset Grp:  BSLI   Suite 1 Buildout                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
07/31/1995  FM           42       SL                     435276.00              0.00      0.00              0.00         435276.00
</TABLE>


<PAGE>   31

AM260   Date   9/99
        Time 16:28                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 2

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>
Asset:       288  Tag:  SF479       Asset Grp:  BSLI   [ILLEGIBLE]                        Cat:  D Sim: N  Tax Exempt: N  Used:  N

Asset:       289  Tag:  SF480       Asset Grp:  BSLI   Window sun treatment               Cat:  D Sim: N  Tax Exempt: N  Used:  N
01/31/1996  FM         56     10.000                       6825.00             1218.75      0.00            1218.75         5606.25
                                    SL

Asset:       290  Tag:  SF481       Asset Grp:  BSLI   Suite 6 Buildout                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
02/28/1996  FM         67     23.000                       29378.26           10085.08      0.00            4384.81        19293.18
                                    SL

Asset:       291  Tag:  SF483       Asset Grp:  BSLI   Suite 6 Builtout (Real Propert     Cat:  D Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM         67     21.000                       1197002.00        386078.74      0.00           183847.01      810923.26
                                    SL

Asset:       292  Tag:  SF484       Asset Grp:  BSLI   Suite 6 Buildout                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM         56     12.000                       19868.00            4257.42      0.00            3547.86        15610.58
                                    SL

Asset:       293  Tag:  SF485       Asset Grp:  BSLI   Carpet Base-Flooring               Cat:  D Sim: N  Tax Exempt: N  Used:  N
04/30/1996  FM         53     10.000                       5681.00             1071.88      0.00            1071.89         4609.12
                                    SL

Asset:       294  Tag:  SF486       Asset Grp:  BSLI   Installation of Alarm Service      Cat:  D Sim: N  Tax Exempt: N  Used:  N
05/31/1996  FM         51     9.000                        25286.00            4462.24      0.00            4958.03        20823.76
                                    SL

Asset:       295  Tag:  SF487       Asset Grp:  BSLI   Lab Furniture                      Cat:  D Sim: N  Tax Exempt: N  Used:  N
05/31/1996  FM         51     9.000                        5107.86              901.39      0.00            1001.54         4206.47
                                    SL

Asset:       296  Tag:  SF488       Asset Grp:  BSLI   Installation of vinyl sheets       Cat:  D Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         51     10.000                       2986.00              585.48      0.00             585.50         2400.52
                                    SL

Asset:       297  Tag:  SF489       Asset Grp:  BSLI   Room & Lab signs                   Cat:  D Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         51     10.000                       6172.81             1210.35      0.00            1210.36         4962.46
                                    SL

Asset:       298  Tag:  SF490       Asset Grp:  BSLI   Water hook up                      Cat:  D Sim: N  Tax Exempt: N  Used:  N
06/30/1996  FM         51     10.000                       6388.00             1252.55      0.00            1252.54         5135.45
                                    SL

Asset:       299  Tag:  SF491       Asset Grp:  BSLI   Modifying existing ductwork        Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         48     9.000                        3727.00              698.81      0.00             776.46         3208.19
                                    SL

Asset:       300  Tag:  SF492       Asset Grp:  BSLI   HVAC Modifications                 Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/31/1996  FM         48     10.000                       14340.00            2991.00      0.00            2991.00        11349.00
                                    SL

Asset:       722  Tag:  SF951       Asset Grp:  BSLI   OYSTER POINT RENOVATION            Cat:  D Sim: N  Tax Exempt: N  Used:  N
12/01/1996  FM         60     25.000                       1878.42              782.67      0.00             313.08         1095.75
                                    SL

Asset:       761  Tag:  SF992       Asset Grp:  BSLI   ELECTRIC WORK                      Cat:  D Sim: N  Tax Exempt: N  Used:  N
01/01/1997  FM         60     26.000                       2063.89              894.34      0.00             343.99         1169.55
                                    SL
</TABLE>


<PAGE>   32

AM260   Date   9/99
        Time 16:28                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 3

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>
Asset:       955   Tag:  SF1213      Asset Grp:  BSLI   Suite 6 Buildout (personal Pro     Cat:  D Sim: N  Tax Exempt: N  Used:  N
03/31/1996  FM          60     16.000                       70241.74           19150.83      0.00            11969.28       51090.91
                                     SL

Asset:       990   Tag:  SF1255      Asset Grp:  BSLI   Oyster Point Suite 6               Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1997  FM          60           SL        [ILLEGIBLE]                                   0.00

Asset:       991   Tag:  SF1256      Asset Grp:  BSLI   S. Campus Integration              Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1997  FM          60     33.000                       2000.83             1100.45      0.00             333.47          900.38
                                     SL

Asset:       992   Tag:  SF1257      Asset Grp:  BSLI   Oyster Point 1996                  Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1997  FM         108     81.000                       1101207.28        825905.47      0.00           101963.63      275301.81
                                     SL

Asset:       1028  Tag:  SF1296      Asset Grp:  BSLI   Oyster Point 1996                  Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1997  FM          60     33.000                       37650.00           20707.50      0.00            6275.00       169452.50
                                     SL

Asset:       1039  Tag:  SF1307      Asset Grp:  BSLI   LOBBY REMODEL-GLASS WASH-LIBRA     Cat:  D Sim: N  Tax Exempt: N  Used:  N
10/01/1997  FM          60     35.000                       12949.00            7553.58      0.00            2158.17        5395.42
                                     SL

Asset:       1065  Tag:  SF1333      Asset Grp:  BSLI   GLASS DOOR MAIN ENTRANCE -LOGO     Cat:  D Sim: N  Tax Exempt: N  Used:  N
11/01/1997  FM          60     36.000                       1406.00              843.60      0.00             234.33          562.40
                                     SL

Asset:       1296  Tag:  SF1567      Asset Grp:  BSLI   AXYS SIGNAGE                       Cat:  D Sim: N  Tax Exempt: N  Used:  N
07/01/1998  FM          60     44.000                       8494.63             6229.39      0.00            1415.77         2265.24
                                     SL

Asset:       1358  Tag:  SF1629      Asset Grp:  BSLI   CONFERENCE ROOM MILLWORK           Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1998  FM          60     45.000                       5610.00             4207.50      0.00             935.00         1402.50
                                     SL

Asset:       1362  Tag:  SF1633      Asset Grp:  BSLI   OYSTER POINT OFFICES-B. REED-O     Cat:  D Sim: N  Tax Exempt: N  Used:  N
08/01/1998  FM          60     45.000                       23807.00           17855.25      0.00            3967.83         5951.75
                                     SL

Asset:       1504  Tag:  SF1784      Asset Grp: COMBI99 ROOF duct relocate at Oyster       Cat:  D Sim: N  Tax Exempt: N  Used:  N
01/01/1999  FM          60     50.000                       6435.00             5362.50      0.00            1072.50         1072.50
                                     SL

Asset:       5336  Tag:              Asset Grp:  BSLI   LI Oyater Chemical Tracking        Cat:  D Sim: N  Tax Exempt: N  Used:  N
06/30/199   FM          27     25.000                       375459.88         347648.04      0.00            27811.84       27811.84
                                     SL

        Company 100                     Total            5411413.38          1682779.10      0.00           368882.22     3728634.28

Company:  100 Assets Reported:         42
</TABLE>


<PAGE>   33

AM260   Date   9/99
        Time 16:28                          Asset Report
                                            Book INTERNAL        USD
                                            From ___________ Thru 12/31/1999

Company:  100 Axys Pharmaceuticals, Inc. SSF USD        11/30/1999        Page 4

<TABLE>
<CAPTION>
 IN SERVICE                                                                        CURRENT PERIOD     YEAR TO DATE     LIFE TO DATE
    DATE      CONV     LIFE    REM LIFE      METHOD       BASIS        BOOK VALUE   DEPRECIATION      DEPRECIATION     DEPRECIATION
------------------------------------------------------------------------------------------------------------------------------------
<S>          <C>     <C>       <C>     <C>             <C>             <C>         <C>                <C>              <C>

303617
</TABLE>