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

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Total Shareholders' Equity 2,031.9 1,745.2

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Total Liabilities and Shareholders' Equity $5,230.1 $5,084.7

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Hospira, Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

(dollars in millions)

Six Months Ended June 30,

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2008 2007

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Cash Flow From Operating Activities:

Net income $134.5 $1.3

Adjustments to reconcile net income to net

cash from operating activities --

Depreciation 93.9 90.1

Amortization of intangibles 34.4 22.9

Write-off of acquired in-process research

and development 0.5 84.8

Step-up value of acquired inventories sold - 53.1

Stock-based compensation expense 24.5 23.5

Net gains on sales of assets (0.5) -

Changes in assets and liabilities --

Trade receivables (44.5) (55.4)

Inventories (51.2) 4.9

Prepaid expenses and other assets 13.5 (7.3)

Trade accounts payable 9.8 10.3

Other liabilities
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SOURCE Hospira, Inc.
Copyright©2008 PR Newswire.
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