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In response to investor inquiries, Danaher Corporation
"Contrary to certain rumors circulating in the market, Danaher does not spring-load its earnings and cash flows in any way. Danaher does not write- down assets of acquired businesses in order to create artificial profits. Such write-downs are not permitted under purchase accounting principles. Danaher complies with the letter and spirit of these and all other generally accepted accounting principles. Importantly, Danaher consistently includes all cash expenditures used to restructure both newly acquired and existing businesses as part of cash flow from operations, unlike the treatment used by some companies."
Danaher Corporation is a leading manufacturer of Process/Environmental Controls and Tools and Components (http://www.danaher.com/ ).
SOURCE: Danaher Corporation
CONTACT: Patrick Allender, Chief Financial Officer of Danaher
Corporation, +1-202-828-0850
Web site: http://www.danaher.com/