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Cardinal Health Reports First Quarter Results
Date:10/29/2008

$0.69 $0.82 (16)%

Discontinued operations - - N.M.

Net diluted earnings per

Common Share $0.69 $0.82 (16)%

Weighted average number of

Common Shares outstanding:

Basic 356.7 363.0

Diluted 361.1 370.2

CARDINAL HEALTH, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

September 30, June 30,

(in millions) 2008 2008

Assets

Cash and equivalents $672.2 $1,291.3

Trade receivables, net 5,862.3 5,006.9

Current portion of net investment in

sales-type leases 384.8 383.7

Inventories 7,692.1 6,768.8

Prepaid expenses and other 614.9 593.1

Assets held for sale - 140.4

Total current assets 15,226.3 14,184.2

Property and equipment, net 1,749.5 1,737.2

Net investment in sales-type leases,

less current portion 935.8 916.8

Goodwill and other intangibles, net 6,265.1 6,225.9

Other assets 468.4 384.1

Total assets $24,645.1 $23,448.2

Liabilities and Shareholders' Equity

Current portion of long-term

obligations and other short-term

borrowings $166.5 $159.0

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SOURCE Cardinal Health, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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