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Hill-Rom Investor Conference Features Business Strategy Updates and New Technologies
Date:12/15/2009

n inventory step-up 0.03 - - Liko acquisition integration charges 0.02 - - Gain on sale of non-strategic assets (2) (0.13) - - Special charges (3) 0.20 - - ---- --- --- Earnings per share - Adjusted (4) $1.18 $1.20 $1.36 Note: Certain per share amounts ma y not accurately add due to rounding. (1) Effective tax rate for fiscal 2010 is estimated to be 3 6%, excluding discrete tax items. (2) Reflects gains on sale of patient flow assets to TeleTracking and sale of certain intellectual property related to negative pressure wound therapy (NPWT). (3) Special charge s in fiscal 2009 include year-to-date charge of $20.5 million related to actions to streamline and manage our cost structure. (4) Adjusted earnings in fiscal 2009 have not been adjusted to remove the effects of discrete period tax adjustments recognize d except to the extent that they relate specifically to one of the highlighted adjustments. Discrete period tax adjustments are routinely recognized throughout any given year under a variety of circumstances and are highly subjective in nature. For fiscal year 2009, discrete tax benefits (not related to the above adjustments) totaled $2 .5 million ($0.04 per share).

SOURCE Hill-Rom Holdings, Inc.


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SOURCE Hill-Rom Holdings, Inc.
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