ALERE INC. company info

CIK 1145460
IRS Number 043565120
State of incorporation DE
Business address 51 SAWYER ROAD
SUITE 200
WALTHAM
MA
02453
Mail address 51 SAWYER ROAD
SUITE 200
WALTHAM
MA
02453

Short summary

ALERE INC. is a Massachusetts company, with head office located at 51 Sawyer Road Waltham, Massachusetts 02453. In 2016 the company owned a total of 5.56 billion USD worth of assets, including 1.38 billion USD worth of current assets. 2012 was the year when the company amassed the most assets. The company net sales last year amounted to 2.36 billion USD. The company allocated 112.12 million USD of its income to research and development.

ALERE INC. Income Statement

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Revenue, Net 1,556.731,893.572,134.592,363.052,790.252,589.142,567.652,446.342,364.34
Cost of Goods and Services Sold 720.42859.531,013.611,133.661,141.131,291.551,357.951,343.531,283.22
Gross Profit 853.521,054.221,134.591,245.841,245.891,317.061,218.941,108.301,089.87
Research and development 111.83112.85133.28150.17181.74159.05144.83119.45112.12
Operating Expenses 1,683.13
Operating Income (Loss) 64.69146.05-951.09-252.86109.13151.5498.58137.8514.72
Interest expense 101.13106.80139.44203.97240.56255.35209.19217.00171.65
Other Nonoperating Income (Expense) -1.811.0022.741.8811.14-11.26-0.73-1.844.53
Income Tax Expense (Benefit) -16.6415.6329.93-24.21-10.74-46.3182.19-53.5635.38
Net income -21.7733.72-1,017.31-133.54-78.18-72.71-33.47206.38-137.62

ALERE INC. Balance Sheet

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Cash and cash equivalents 414.73424.02266.04556.66303.74320.55398.80464.87506.16491.70
Accounts Receivable, Net, Current 358.65406.00501.08553.76537.61454.64427.22377.96
Inventories 243.81268.35316.90356.75368.15379.55333.85335.71
Deferred income taxes 45.6173.9337.8660.8563.0933.730
Property, Plant and Equipment, Gross 587.81751.87889.14813.00853.24883.16940.48
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 197.30260.67354.67330.50396.47437.12499.29
Goodwill 3,668.752,889.392,953.553,095.803,113.372,853.552,811.552,798.71
Other Assets, Noncurrent 70.7999.14102.0389.3879.1767.7316.2913.24
Total assets 6,971.026,605.456,927.467,100.016,990.676,614.345,790.895,556.84
Current assets 988.381,437.321,294.761,409.081,505.331,948.791,435.311,383.61
Accounts payable 107.18139.22162.85178.55217.93186.94194.24226.21
Taxes Payable, Current 46.9479.38
Total current liabilities 690.79799.42619.49660.43669.121,138.01561.94679.44
Long-term Debt, Excluding Current Maturities 2,124.952,728.693,489.053,808.303,724.012,912.152,920.792,815.57
Long-term Debt 2,765.393,543.873,858.843,787.773,587.412,964.472,899.40
Deferred income taxes 445.31385.77436.25390.01293.15243.30140.86123.78
Common Stock, Value, Issued 0.090.090.090.090.090.090.090.10
Retained Earnings (Accumulated Deficit) -347.40-1,362.44-1,498.49-1,613.09-1,692.10-1,450.51-1,511.48-1,764.50
Accumulated Other Comprehensive Income (Loss), Net of Tax -28.85-50.8346.45-29.98-85.20-0.10-227.48-361.03-376.53

ALERE INC. Cash Flow

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Net income -21.7733.72-1,017.31-133.54-78.18-72.71-33.47206.38-137.62
Depreciation and amortization 265.65312.44372.79391.58383.90374.66336.03309.26285.61
Depreciation 54.3067.7083.70109.7094.3097.6098.70105.10
Amortization of Intangible Assets 255.40298.10307.70346.90280237.20210.50180.50
Deferred Income Tax Expense (Benefit) -41.71-9.12-74.42-56.76-84.57-129.6912.25-99.39-36.01
Accounts receivable 39.5536.469.3639.4119.8146.673.2614.38-26.70
Inventories 41.9516.4322.8520.4016.7982.7161.1160.4813.66
Accounts payable 7.192.12-9.096.99-10.1317.7547.85-10.784.36
Net Cash Provided by (Used in) Operating Activities 147.84287.53275.42271.25319.68243.90231.52207.28179.29
Payments to Acquire Property, Plant, and Equipment 65.70100.6196.24132.53137.3999.91100.5690.7867.69
Payments to Acquire Businesses, Net of Cash Acquired 649.90468.53523.51631.31419.99176.130.0860.145.96
Net Cash Provided by (Used in) Investing Activities -713.33-583.73-553.86-898.20-574.19-257.45-57.20537.522.63
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -712.90-583.49-616.46-898.20-542.12-230.48-48.23537.732.63
Proceeds from Issuance of Long-term Debt 631.184002,096.28648.54459.950.062,162.160.46
Proceeds from Issuance of Common Stock 20.6830.0219.0237.8914.9220.8651.5679.1918.93
Payments for Repurchase of Common Stock 184.87
Net Cash Provided by (Used in) Financing Activities 297.77633.85196.26540.08285.7548.99-118.16-632.98-109.82
Cash and Cash Equivalents, Period Increase (Decrease) -273.41351.45-91.47-102.1329.1733.5639.85100.4465.02