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Hill-Rom Reports Fiscal Fourth Quarter and Full-Year Results; Announces Fiscal 2014 Financial Outlook
Date:10/23/2013

ended care facilities and home care settings to enhance the safety and quality of patient care.

Hill-Rom…enhancing outcomes for patients and their caregivers.

www.hill-rom.com

Disclosure Regarding Forward Looking StatementsCertain statements herein contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company's future plans, objectives, beliefs, expectations, representations and projections. It is important to note that forward-looking statements are not guarantees of future performance, and the Company's actual results could differ materially from those set forth in any forward-looking statements. For a more in depth discussion of factors that could cause actual results to differ from those contained in forward-looking statements, see the discussions under the heading "Risk Factors" in the Company's previously filed most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or revise any forward-looking statements. Hill-Rom Holdings, Inc. and Subsidiaries  Condensed Consolidated Statements of Income  (Dollars in millions except per share data)  Quarter Ended September 30  Year Ended September 30 2013201220132012Net revenuesCapital sales$
342.5$
330.1$
,308.3$
,198.2Rental revenues95.4101.5407.9436.1Total revenues437.9431.61,716.21,634.3Cost of revenuesCost of goods sold189.7185.3747.8690.4Rental expenses45.545.2188.1189.2Total cost of revenues235.2230.5935.9879.6Gross profitCapital152.8144.8560.5507.8Rental49.956.3219.8246.9Total gross profit202.7201.1780.3754.7As a percentage of sales46.3%46.6%45.5%46.2%Research and development expenses18.018.770.266.9Selling and administrative expenses134.6130.1549.5496.4Impairment of other intangibles---8.0Litigation (cre
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