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Edwards Lifesciences Reports Strong Fourth Quarter Sales
Date:2/5/2008

assets

Cash and cash equivalents $141.8 $182.8

Short-term investments 49.4 -

Accounts and other receivables, net 145.3 127.1

Inventories, net 152.6 142.1

Deferred income taxes 30.2 21.8

Prepaid expenses 25.4 25.7

Other current assets 37.0 32.1

Total current assets 581.7 531.6

Property, plant and equipment, net 228.2 213.0

Goodwill 350.3 337.7

Other intangible assets, net 122.5 116.1

Investments in unconsolidated affiliates 34.3 20.2

Deferred income taxes 13.8 14.5

Other assets 14.3 13.7

Total assets $1,345.1 $1,246.8

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued liabilities $225.4 $226.2

Convertible debt 150.0 -

Total current liabilities 375.4 226.2

Long-term debt 61.7 235.9

Other long-term liabilities 73.0 35.3

Stockholders' equity

Common stock 68.6 67.0

Additional contributed capital 680.6 603.7

Retained earnings (1) 548.6 433.9

Accumulated other comprehensive income (loss) 7.5 (15.
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SOURCE Edwards Lifesciences Corporation
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