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CVS Caremark Reports Record Second Quarter Revenues, Operating Profit, and Earnings
Date:7/31/2008

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Total liabilities and shareholders' equity $54,467.0 $54,721.9

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CVS CAREMARK CORPORATION

Consolidated Statements of Cash Flows

(Unaudited)

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26 Weeks Ended

June 28, June 30,

In millions 2008 2007

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Cash flows from operating activities:

Cash receipts from revenues $30,803.6 $28,614.2

Cash paid for inventory (22,428.1) (21,836.9)

Cash paid to other suppliers and employees (5,938.5) (4,447.7)

Interest received 10.1 15.6

Interest paid (267.1) (201.2)

Income taxes paid (787.9) (716.8)

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Net cash provided by operating activities 1,392.1 1,427.2

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Cash flows from investing activities:

Additions to property and equipment (955.3) (778.0)

Proceeds from sale-leaseback transactions 69.6 23.7

Acquisitions (net of cash acquired) and other

investments (14.0) (1,941.3)

Sale/(purchase) of short-term investment 27.5 (96.0)

Proceeds from sale or disposal of assets 9.5 86.1

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SOURCE CVS Caremark Corporation
Copyright©2008 PR Newswire.
All rights reserved

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