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Cardinal Health Reports Fiscal 2008 Results, Provides Fiscal 2009 Outlook
Date:8/7/2008

(3.6) 664.5 N.M.

Net earnings $326.6 $902.2 (64)%

Basic earnings / (loss) per Common Share:

Continuing operations $0.93 $0.63 48 %

Discontinued operations (0.01) 1.76 N.M.

Net basic earnings per Common Share $0.92 $2.39 (62)%

Diluted earnings / (loss) per Common Share:

Continuing operations $0.92 $0.61 51 %

Discontinued operations (0.01) 1.72 N.M.

Net diluted earnings per Common Share $0.91 $2.33 (61)%

Weighted average number of Common

Shares outstanding:

Basic 355.5 378.2

Diluted 359.8 387.4

CARDINAL HEALTH, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)

Fiscal Year

(in millions, except per Common Share

amounts) 2008 2007 % Change

Revenue $91,091.4 $86,852.0 5 %

Cost of products sold 85,457.3 81,606.7 5 %

Gross margin 5,634.1 5,245.3 7 %

Selling, general and administrative

expenses 3,414.8 3,082.3 11 %

Impairment charges and other (32.0) 17.3 N.M.

Special items:

Restructuring charges 65.7 40.1 N.M.

Acquisition integration charges 44.9 101.5 N.M.

Litigation and other 12.0 630.4 N.M.

Operating earnings 2,128.7 1,373.7 55 %

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

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