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Boston Scientific Announces Results for Fourth Quarter and Year Ended December 31, 2007
Date:2/4/2008

>

in accordance with FASB Interpretation No. 18, "Accounting for

Income Taxes in Interim Periods.

BOSTON SCIENTIFIC CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

December 31,

In millions 2007 2006

Assets

Current assets:

Cash and cash equivalents $1,452 $1,668

Trade accounts receivable, net 1,502 1,388

Inventories 725 684

Deferred income taxes 963 583

Assets held for sale 1,099 1,447

Other current assets 464 474

Total current assets 6,205 6,244

Property, plant and equipment, net 1,735 1,644

Investments 317 596

Other assets 157 234

Intangible assets, net 23,067 22,378

$31,481 $31,096

Liabilities and Stockholders' Equity

Current liabilities:

Borrowings due within one year $256 $7

Accounts payable and accrued expenses 2,680 2,020

Liabilities associated with assets

held for sale 71 93

Other current liabilities 275 552

Total current liabilities 3,282 2,672

Long-term debt 7,933
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SOURCE Boston Scientific Corporation
Copyright©2008 PR Newswire.
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