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Varian, Inc. Reports Fourth Quarter 2009 Results
Date:11/4/2009

luding $3,018 related to the impairment of a private company equity investment. (13) $44,007 on an adjusted basis excluding the tax impact of the adjustments described in items (7) - (9) and (12) above. (14) $78,689 and $2.62 per share, respectively, on an adjusted basis excluding the adjustments (net of related tax effects) described in items (7) - (10) and (12) above.

                     VARIAN, INC. AND SUBSIDIARY COMPANIES

                 UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEET
                    (In thousands, except par value amounts)

                                                October 2,      October 3,
                                                   2009            2008
                                                 ---------       ---------
    ASSETS

    Current assets
    Cash and cash equivalents                    $209,348        $103,895
    Accounts receivable, net                      159,958         199,420
    Inventories                                   136,704         161,039
    Deferred taxes                                 38,349          32,287
    Prepaid expenses and other current assets      15,488          15,663
                                                 ---------       ---------
    Total current assets                          559,847         512,304
    Property, plant and equipment, net            114,363         110,343
    Goodwill                                      216,223         218,208
    Intangible assets, net                         28,334          36,972
    Other assets                                   25,420          24,089
                                                 ---------       ---------
    Total assets                                 $944,187        $901,916
                                                 =========       =========

    LIABILITIES AND STOCKHOLDERS' EQUITY

    Current liabilities
    Current portion of lo
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SOURCE Varian, Inc.
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