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Alere Inc. Announces Fourth Quarter 2010 Results
Date:2/17/2011

essfully develop and commercialize products; the market acceptance of our products; continued acceptance of health management services by payors, providers and patients; our ability to develop enhanced health management programs through the integrated use of innovative diagnostic and monitoring devices and to recognize the expected benefits of this strategy; the effects of legislative changes, including US healthcare reform legislation, and the content and timing of decisions by regulatory authorities both in the United States and abroad; the effect of pending and future legal proceedings on our financial performance and the risks and uncertainties described in our periodic reports filed with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2009, as well as in our Quarterly Reports on Form 10-Q. We undertake no obligation to update any forward-looking statements contained herein. Alere Inc. and SubsidiariesCondensed Consolidated Balance Sheets(in $000s)December 31,December 31,20102009ASSETSCURRENT ASSETS:Cash and cash equivalents

$
401,306$
492,773Restricted cash

2,5812,424Marketable securities

2,094947Accounts receivable, net

397,148354,453Inventories, net

257,720221,539Prepaid expenses and other current assets

133,408140,674Assets held for sale

-54,148Total current assets

1,194,2571,266,958PROPERTY, PLANT AND EQUIPMENT, NET

390,510324,388GOODWILL AND OTHER INTANGIBLE ASSETS, NET

4,567,0645,193,429DEFERRED FINANCING COSTS AND OTHER ASSETS, NET

178,543159,217Total assets

$   6,330,374$   6,943,992LIABILITIES AND STOCKHOLDERS' EQUITYCURRENT LIABILITIES:Current portion of notes payable

$
9,017$
9,869Liabilities related to assets held for sale

-11,558Current portion of deferred gain on joint venture

288,378-Other current liabilities

475,463406,587Total current liabilities

782,8584
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SOURCE Alere Inc.
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