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Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2013
Date:7/24/2013

ands)June 28,  September 28,20132012 (1)(Unaudited)AssetsCurrent assetsCash and cash equivalents

$

765,567

$

704,570Short-term investment 59,47749,709Accounts receivable, net655,130691,806Inventories536,693457,869Deferred tax assets and other300,172266,561Total current assets2,317,0392,170,515Property, plant and equipment700,069653,424Accumulated depreciation and amortization(393,728)(356,832)Property, plant and equipment, net306,341296,592Goodwill222,946222,242Other assets212,729189,377Total assets$

3,059,055

$

2,878,726Liabilities and Stockholders' EquityCurrent liabilitiesAccounts payable$

176,910

$

180,736Accrued expenses270,072336,568Deferred revenues153,364130,883Advance payments from customers406,166380,545Product warranty50,72652,799Short-term borrowings174,374155,000Total current liabilities1,231,6121,236,531Other long-term liabilities143,893126,169Long-term debt-6,250Total liabilities1,375,5051,368,950Stockholders' EquityCommon stock 107,774109,407Capital in excess of par value 634,006563,875Retained earnings and accumulated other comprehensive loss  941,770836,494Total stockholders' equity1,683,5501,509,776Total liabilities and stockholders' equity$

3,059,055

$

2,878,726 

(1)

The condensed consolidated balance sheet as of September 28, 2012 was derived from audited financial statements as of that date.


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