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

xpense and other 171.4 121.4 41 %

Earnings before income taxes and

discontinued operations 1,957.3 1,252.3 56 %

Provision for income taxes 632.8 412.6 53 %

Earnings from continuing operations 1,324.5 839.7 58 %

Earnings / (loss) from discontinued

operations (net of tax expense

of $31.9 and $20.4 for fiscal 2008

and 2007, respectively) (15.3) 1,091.4 N.M.

Net earnings $1,309.2 $1,931.1 (32)%

Basic earnings / (loss) per Common Share:

Continuing operations $3.70 $2.13 74 %

Discontinued operations (0.04) 2.76 N.M.

Net basic earnings per Common Share $3.66 $4.89 (25)%

Diluted earnings / (loss) per Common Share:

Continuing operations $3.64 $2.07 76 %

Discontinued operations (0.04) 2.70 N.M.

Net diluted earnings per Common Share $3.60 $4.77 (25)%

Weighted average number of Common

Shares outstanding:

Basic 358.2 394.9

Diluted 364.0 404.7

CARDINAL HEALTH, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

June 30, June 30,

(in millions) 2008 2007

Assets

Cash and equivalents $1,291.3 $1,308.8

Short-term investments available for sale - 132.0

Trade receivables, net 5,006.9 4,714.4

Current portion of net investment in

sales-type leases
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SOURCE Cardinal Health, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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