Thermo Fisher Scientific Reports Record 2007 Fourth Quarter Revenues and Operating Performance; Provides Guidanc...(ng Operations Before Income Taxes ...)

Before Income Taxes 881.3 209.4

Provision for Income Taxes (101.7) (43.1)

Income from Continuing Operations 779.6 166.3

Income from Discontinued Operations

(net of income tax

provision of $0.2 in 2006) - 0.5

(Loss) Gain on Disposal of

Discontinued Operations (Includes

income tax provision of $6.4 and

$1.1) (18.5) 2.1

Net Income $761.1 7.8% $168.9 4.5%

Earnings per Share from Continuing

Operations:

Basic $1.85 $.85

Diluted $1.76 $.82

Earnings per Share:

Basic $1.81 $.86

Diluted $1.72 $.84

Weighted Average Shares:

Basic 421.5 196.1

Diluted 443.7 203.7

Reconciliation of Adjusted Operating

Income and Adjusted Operating Margin

GAAP Operating Income (a) $974.4 10.0% $242.0 6.4%

Cost of Revenues Charges (c) 49.2 0.5% 77.7 2.0%

Restructuring and Other Costs,

Net (d) 42.2 0.4% 45.7 1.2%

Equity Compensation Acceleration

Charges (e) - 0.0% 36.7 1.0%

Amortization of Acquisition-related

Intangible Assets 571.1 5.9% 170.8 4.5%

Adjusted Operating Income (b) $1,636.9 16.8% $572.9 15.1%

Reconciliation of Adjusted Net Income

GAAP Net Income (a) $761.1 7.8% $168.9 4.5%

Cost of Revenues Charges (c)
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