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Inverness Medical Innovations Announces Fourth Quarter 2008 Results
Date:2/18/2009

usted cash basis, does not include 2,868,000 common stock equivalent shares from the potential conversion of convertible debt, as inclusion thereof would be antidilutive. Inverness Medical Innovations, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (in $000s) December 31, December 31, 2008 2007 ---- ---- ASSETS ------ CURRENT ASSETS: Cash and cash equivalents $141,324 $414,732 Restricted cash 2,748 141,869 Marketable securities 1,763 2,551 Accounts receivable, net 280,608 163,380 Inventories, net 199,131 148,231 Prepaid expenses and other current assets 196,969 82,211 Total current assets 822,543 952,974 PROPERTY, PLANT AND EQUIPMENT, NET 284,483 267,880 GOODWILL AND OTHER INTANGIBLE ASSETS, NET 4,717,704 3,494,174 DEFERRED FINANCING COSTS AND OTHER ASSETS, NET 130,630 165,731 Total assets $5,955,360 $4,880,759 LIABILITIES AND STOCKHOLDERS' EQUITY ------------------------------------ CURRENT LIABILITIES: Current portion of notes payable $19,509 $21,096 Other current liabilities 345,836 257,812 Total current liabilities 365,345 278,908 LONG-TERM LIABILITIES: Notes payable, net of current portion 1,501,025 1,366,753 Deferred tax liabil
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SOURCE Inverness Medical Innovations, Inc.
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1. Inverness Medical Innovations Schedules Conference Call for 10:00 a.m. ET February 18, 2009 to Discuss Fourth Quarter 2008 Results
2. James Roosevelt, Jr. Joins Inverness Medical Innovations Board of Directors
3. Inverness Medical Innovations to Present at the 2009 UBS Global Healthcare Services Conference on February 10, 2009
4. Inverness Medical Innovations Presents the pima(TM) Point-of-Care CD4 Instrument at ICASA 2008
5. Inverness Medical Innovations to Participate at JP Morgan Healthcare Conference on January 13, 2009
6. Inverness Medical Innovations Declares Dividend on its Series B Convertible Perpetual Preferred Stock
7. Inverness Medical Innovations to Present at RBC Capital Markets 2008 Healthcare Conference on December 11, 2008
8. Inverness Medical Innovations, PrognostiX Sign Distribution Agreement for CardioMPO(TM) Test
9. Inverness Medical Innovations to Present at the Third Annual JMP Securities Healthcare Focus Conference on October 7, 2008
10. Inverness Medical Innovations Announces 4th Generation Rapid HIV Test - Determine(TM) HIV-1/2 Ag/Ab Combo
11. Law Offices of Howard G. Smith Announces 24 Days Remaining to Move to Be a Lead Plaintiff in the Shareholder Lawsuit Against Inverness Medical Innovations, Inc.
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