01—Abstract
Summary
Summary of the 10-K/A filed January 30, 2008. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-K/A) to Becton Dickinson and Company's (BDX) Annual Report on Form 10-K for the fiscal year ended September 30, 2007.
The primary purpose of this amendment is to provide corrected certifications from the Chief Executive Officer and Chief Financial Officer, as required by SEC Rule 13a-14(a), which were inadvertently omitted in the original filing. Additionally, certifications required by Section 1350 of Chapter 63 of Title 18 of the U.S. Code are also included. Investors should note that this filing does not contain new financial performance data or business updates, but rather addresses procedural compliance with SEC regulations regarding executive certifications.
02—Key points
Key Highlights
- The filing is an amendment to the Form 10-K for the fiscal year ended September 30, 2007, not a new financial report.
- The amendment specifically addresses the inclusion of required CEO and CFO certifications under SEC Rule 13a-14(a).
- Corrected certifications pursuant to Section 1350 of Chapter 63 of Title 18 of the U.S. Code are also provided.
- BDX is confirmed as a well-known seasoned issuer and a large accelerated filer.
- The aggregate market value of BDX's common stock held by non-affiliates was approximately $18.79 billion as of March 30, 2007.
- The filing includes signatures from key executives and directors, confirming their roles and responsibilities.
- No new financial statements or operational details are presented in this amendment.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2007, Becton Dickinson & Co kept $0.14.
- Revenue$6.28B100.0%
- Cost of revenue−$3.03B48.3%
- Gross profit$3.25B51.7%
- Operating costs−$2.07B32.9%
- Operating income$1.18B18.9%
- Interest, other & tax−$294.6M4.7%
- Net income$890.0M14.2%
Where FY2007 revenue went
$6.28B- Cost of revenue: $3.03B, 48% of revenue
- SG&A: $1.58B, 25% of revenue
- Net income: $890.0M, 14% of revenue
- Other operating costs: $481.5M, 7.7% of revenue
- Interest, other & tax: $294.6M, 4.7% of revenue
Kept 14% as net income
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2007filed January 30, 2008Financial Statements
| Revenue | $6.28B |
| Cost of Revenue | $3.03B |
| Gross Profit | $3.25B |
| SG&A Expenses | $1.58B |
| Operating Expenses | $5.10B |
| Operating Income | $1.18B |
| Interest Expense | $46.42M |
| Net Income | $890.03M |
| EPS (Basic) | $3.63 |
| EPS (Diluted) | $3.49 |
05—Questions
Frequently Asked Questions
What is the main purpose of this 10-K/A filing?
The main purpose of this filing is to amend the original Form 10-K by providing corrected certifications from the Chief Executive Officer and Chief Financial Officer, as required by SEC Rule 13a-14(a) and Section 1350 of Chapter 63 of Title 18 of the U.S. Code, which were inadvertently omitted in the initial filing.
Does this filing contain new financial results or business updates for BDX?
No, this filing is procedural and does not contain new financial results or business updates. It solely addresses the correction and inclusion of required executive certifications.
Is BDX considered a significant company based on this filing?
Yes, the filing indicates that BDX is a 'well-known seasoned issuer' and a 'large accelerated filer.' Furthermore, as of March 30, 2007, the aggregate market value of its common stock held by non-affiliates was approximately $18.79 billion, suggesting a substantial market capitalization.
Who are the principal executive, financial, and accounting officers mentioned in the filing?
The Principal Executive Officer is Edward J. Ludwig (Chairman, President and Chief Executive Officer). The Principal Financial Officer is John R. Considine (Senior Executive Vice President and Chief Financial Officer). The Principal Accounting Officer is William A. Tozzi (Vice President – Finance).
06—Continue