Alere Inc (ALR) financial statements (2021 and earlier)

Company profile

Business Address 51 SAWYER ROAD
State of Incorp. DE
Fiscal Year End December 31
SIC 2835 - In Vitro and In Vivo Diagnostic Substances (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments567502379363329
Cash and cash equivalents567502378362328
Short-term investments00011
Restricted cash and investments52638  
Inventory, net of allowances, customer advances and progress billings309347365364337
Prepaid expense2928  
Disposal group, including discontinued operation 4316  
Prepaid expense and other current assets145
Other current assets2222  
Other undisclosed current assets4610223419568
Total current assets:1,4601,4571,8081,4721,407
Noncurrent Assets
Nontrade receivables4542
Property, plant and equipment441446454545534
Long-term investments and receivables72659287105
Long-term investments7265928790
Due from related parties    15
Intangible assets, net (including goodwill)3,5923,8624,2474,8354,883
Intangible assets, net (excluding goodwill)8331,0251,3201,7411,834
Restricted cash and investments243 29 
Disposal group, including discontinued operation, noncurrent assets 13 
Other noncurrent assets15526884
Prepaid expense and other noncurrent assets109
Other undisclosed noncurrent assets20149830
Total noncurrent assets:4,1884,5004,8715,5885,661
TOTAL ASSETS:5,6485,9576,6797,0617,068
Current Liabilities
Accounts payable and accrued liabilities347339390330316
Accounts payable196196214187170
Accrued liabilities201923  
Employee-related liabilities77808910393
Taxes payable5444644053
Debt 200895667
Restructuring reserve 314
Estimated litigation liability43    
Due to related parties  31  
Disposal group, including discontinued operation 079  
Deferred revenue and credits2441224138
Deferred tax liabilities  011
Customer advances and deposits 4 
Other liabilities17413510712392
Other undisclosed current liabilities88329122135
Total current liabilities:676725761673649
Noncurrent Liabilities
Long-term debt and lease obligation2,8652,8723,6323,7873,642
Long-term debt, excluding current maturities2,8582,8653,6213,7733,629
Capital lease obligations77111413
Liabilities, other than long-term debt275302381521596
Deferred tax liabilities, net119148215329428
Liability, pension and other postretirement and postemployment benefits  4
Restructuring reserve  131
Other liabilities156154162188167
Other undisclosed noncurrent liabilities  (5)(3)(1)
Total noncurrent liabilities:3,1413,1744,0084,3054,236
Total liabilities:3,8173,8994,7694,9784,885
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8272,0541,9062,0782,180
Preferred stock606606 606606
Common stock00 00
Treasury stock, value(185)(185) (185)(185)
Additional paid in capital3,4753,439 3,3193,300
Accumulated other comprehensive income (loss)(462)(340)(192)(27)24
Accumulated deficit(1,607)(1,466)(1,680)(1,636)(1,565)
Other undisclosed stockholders' equity attributable to parent  3,777  
Stockholders' equity attributable to noncontrolling interest54452
Total stockholders' equity:1,8322,0581,9102,0832,183
TOTAL LIABILITIES AND EQUITY:5,6485,9576,6797,0617,068

Income statement (P&L) ($ in millions)

Revenue, net2,3642,4462,5683,0022,790
Cost of revenue(1,286)(1,351)(1,370)(1,528)(1,391)
Cost of goods and services sold(1,283)(1,347)(1,364)(1,520)(1,383)
Gross profit:1,0901,1131,2191,5021,428
Operating expenses(1,079)(924)(1,522)(1,841)(1,807)
Other undisclosed operating income (loss)4(51)401474488
Operating income:1513899135109
Nonoperating income (expense)5(2)(14)(12)19
Investment income, nonoperating   51
Foreign currency transaction gain (loss), before tax  (13)(4)8
Other nonoperating income (expense)5(2)(1)(13)10
Interest and debt expense(172)(217)(209)(291)(217)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  1335(32)
Loss from continuing operations before equity method investments, income taxes:(152)(81)(111)(134)(121)
Income from equity method investments5116181713
Loss from continuing operations before income taxes:(102)(65)(94)(117)(108)
Income tax expense (benefit)(35)53(82)4630
Loss from continuing operations:(137)(13)(176)(70)(78)
Income from discontinued operations 220138  
Net income (loss):(137)207(38)(70)(78)
Net income (loss) attributable to noncontrolling interest(0)(0)(0)(1)0
Other undisclosed net loss attributable to parent    (1)
Net income (loss) attributable to parent:(138)206(38)(71)(78)
Preferred stock dividends and other adjustments(21)(21)(21)(21)(21)
Net income (loss) available to common stockholders, diluted:(159)185(59)(93)(99)

Comprehensive Income ($ in millions)

Net income (loss):(137)207(38)(70)(78)
Other comprehensive income (loss)(123)(148)(166)(50)54
Comprehensive income (loss):(260)59(204)(121)(24)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)(0)10
Other undisclosed comprehensive loss, net of tax, attributable to parent   (2)(1)
Comprehensive income (loss), net of tax, attributable to parent:(260)59(204)(122)(24)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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