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Cardinal Health Reports Fiscal 2009 Results, Provides Fiscal 2010 Outlook
Date:8/18/2009

ws From Operating Activities: Net earnings $273.2 $318.0 $1,151.6 $1,300.6 Earnings from discontinued operations (5.7) (2.1) (8.8) (4.6) ---- ---- ---- ---- Earnings from continuing operations 267.5 315.9 1,142.8 1,296.0 Adjustments to reconcile earnings from continuing operations to net cash provided by / (used in) operating activities: Depreciation and amortization 110.6 94.9 399.4 374.8 Asset impairments and (gain)/loss on sale of assets, net 11.5 (9.4) 25.0 (31.4) Purchased in- process research and development - 18.0 - 18.0 Equity compensation 30.5 35.6 122.8 122.3 Provision for deferred income taxes 69.5 25.8 69.5 25.8 Provision for bad debts 5.8 3.8 59.4 26.1 Change in operating assets and liabilities, net of effects from acquisitions: (Increase)/ decrease in trade receivables 232.7 (18.9) (646.1) (313.1) (Increase)/ decrease in inventories 912.6 499.2 (341.8) 614.3 (Increase)/ decrease in net investment in sales-type leases 8.0 (41.1) (28.2) (124.9) Increase/ (decrease) in accounts payable (889.6) (638.4) 749.0 (859.9) Other accrued liabilities and operating items, net 84.4 (48.0) 6.5 405.6 ---- ----- ---
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SOURCE Cardinal Health, Inc.
Copyright©2009 PR Newswire.
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