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Hospira Reports Second-Quarter 2008 Results
Date:8/6/2008

step-up

charge - 0.14 - 0.23

Integration and

other acquisition-

related charges 0.03 0.05 0.08 0.13

Intangible assets

amortization 0.07 0.05 0.14 0.09

Charges related to

facilities optimization

initiatives 0.04 0.06 0.07 0.10

Reduction of obligation

associated with the

sale of the Salt Lake

City, UT manufacturing

plant - (0.01) - (0.01)

------ ------ ------ ------

Subtotal of Adjustments 0.14 0.29 0.29 1.07

Diluted Earnings Per

Share - Adjusted $0.57 $0.49 $1.12 $1.08

====== ====== ====== ======

Hospira, Inc.

Condensed Consolidated Balance Sheets

(Unaudited)

(dollars in millions)

June 30, December 31,

Assets 2008 2007

-------- --------

Current Assets:

Cash and cash equivalents $201.4 $241.1

Trade receivables, less allowances of $12.3

in 2008 and $14.1 in 2007 620.1 559.0

Inventories 838.6 766.6

Deferred income taxes 128.3 176.7

Prepaid expenses 30.8 23.8

Other receivables 79.5
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SOURCE Hospira, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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