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Beckman Coulter Announces First Quarter 2009 Results
Date:4/28/2009

- - 1.0 0.02 Adjustment for income taxes (13.3) (0.20) (0.6) (0.01) ------ ------ ----- ------ Adjusted net earnings $45.5 $0.71 $42.0 $0.65 ===== ===== ===== ===== (1) Amounts may not foot due to rounding. (2) See accompanying Non-GAAP Financial Measures section for description of Non-GAAP adjustments.
                          BECKMAN COULTER, INC.
       RECONCILIATION OF GAAP NET EARNINGS TO ADJUSTED EBITDA (1) (2)
                             (in millions)
                              (unaudited)

                                                         Quarter Ended
                                                           March 31,
                                                        ----------------
                                                        2009        2008
                                                        ----        ----
    GAAP net earnings                                  $20.6       $40.9

    Income taxes                                        (2.4)       12.5
    Interest expense                                    10.9        12.3
    Depreciation and amortization                       67.5        59.2
                                                        ----        ----

    EBITDA                                              96.6       124.9

    Reconciling items:
    ------------------
    Restructuring and acquisition related costs (a)     26.4         0.7
    Forward contract loss/(gain) - acquisition (b)      11.8           -
    Fair market value inventory adjustment (c)             -         1.0
                                                         ---         ---

    Adjusted EBITDA                                   $134.8      $126.6
                           
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SOURCE Beckman Coulter, Inc.
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