Danaher Corporation Financials.docx

Danaher Corporation Financials.docx - 8 Current and...

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8. Current and historical Financial Statements SEC Filings (2018) financial statements for 12 Month End 2015, 2016, 2017: Income Statement
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Balance Sheet
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Statement of Cash Flows Danaher Corporation reported sales of $18,329.7 million at financial year end December 31, 2017 (FY2017), which is an 8.57% increase from FY2016 reported at $16,882.4 million. However, it is not as substantial as the 16.97% increase from Fy2015, reporting sales at $14,433.7 million. Net earnings saw a decrease from FY2015 to FY2016 from $3,357.4 million to $2,553.7 million as well as FY2016 to FY2017 from $2,553.7 million to $2,492.1 million, at 23.94% and 2.41% respectively.
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The total assets that Danaher Corporation possessed in FY2015, $48,222.2 million decreased to $45,295.3 million in FY2016, a 6.07% decrease. Although there was a decrease in assets from FY2015 to FY2016, there was an increase of 2.99% making total assets $46,648.6 million. Total current liabilities experienced an increase from FY2015 to FY2016 at 11.40%, $6,170.4 million to $6,874 million, but the increase did not continue into FY2017. There was a decrease of 30.28% to $4,792.3 million in FY2017. Stockholder’s equity experienced a drop from $23,764 million in FY2015 to $23,076.8 million in FY2016. Then there was an increase in FY2017 to $26,367.8 million. Danaher Corporation has proven to be healthy, given the fact that they have a positive cash from operating activities. Although there was a decrease from FY2015 to FY2017, the cash from operating activities is still positive. Net cash provided by operating activities in FY2015 was $3,801.8 million with a 7.36% decrease in FY2016 to $3,521.8 million. Danaher has spent the bulk of cash used in investing activities on their acquisitions. In FY2015 they spent $14,247.8 million but have decreased that spending by 65.75% in FY2016to $4,880.1 million and by 92.09% to 385.8 million in FY2017. By decreasing the amount of funds spent on acquisitions, they have decreased the cash used in investing activities. From FY 2015 to FY2017 Danaher Corporation had a net outflow of cash by financing activities in one of the three years at $3,098.5 million. In FY2015 and FY2016 there was a net inflow of cash by financing activities, $9,050.2 million and $2,042.7 million, respectively.
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9. Ratios
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