This excerpt taken from the CAH 8-K filed Jun 2, 2009.
UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
The Cardinal Health, Inc. and subsidiaries (Cardinal Health) unaudited pro forma condensed consolidated financial statements included below consist of unaudited pro forma condensed consolidated statements of earnings for the nine months ended March 31, 2009 and for the fiscal years ended June 30, 2008 and 2007, unaudited pro forma condensed consolidated balance sheets as of March 31, 2009, June 30, 2008 and 2007, and unaudited pro forma condensed consolidated statements of cash flows for the nine months ended March 31, 2009 and for the fiscal years ended June 30, 2008 and 2007. The unaudited pro forma condensed consolidated financial statements included below have been derived from the historical condensed consolidated financial statements included in Cardinal Healths Annual Report on Form 10-K for the fiscal year ended June 30, 2008 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 and have been adjusted to present the estimated impact of the CareFusion businesses as discontinued operations. They do not show the planned distribution by CareFusion of $1.4 billion in cash to Cardinal Health in connection with the planned spin-off and the planned use of that cash to reduce Cardinal Health long-term obligations. Certain surgical and exam gloves, drapes and apparel and fluid management businesses that are currently part of the Clinical and Medical Products segment will be retained by Cardinal Health and will continue to be presented within continuing operations.
The unaudited pro forma condensed consolidated financial statements do not necessarily reflect the financial position and results of operations that will be presented within Cardinal Healths consolidated financial statements subsequent to the completion of the planned spin-off of its clinical and medical products businesses. In addition, they do not reflect what the financial position and results of operations would have been if Cardinal Health had actually operated without the CareFusion businesses during the periods shown nor are they necessarily indicative of Cardinal Healths future results of operations or financial condition. The assumptions and estimates used and pro forma adjustments derived from such assumptions are based on currently available information, and management believes such assumptions and estimates are reasonable under the circumstances.
CARDINAL HEALTH, INC. AND SUBSIDIARIES