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Wednesday, December 20, 2006, 9:38PM ET - U.S. Markets Closed. Dow Down 0.06% Nasdaq Down 0.08%

Medtronic Inc. (MDT)At 4:04PM ET: 54.31  Down 0.07 (0.13%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING27-Oct-0628-Jul-0628-Apr-0627-Jan-06
Total Revenue3,075,000  2,897,000  3,066,700  2,769,500  
Cost of Revenue795,000  732,000  768,000  698,700  
Gross Profit2,280,000  2,165,000  2,298,700  2,070,800  
Operating Expenses
Research Development320,000  299,000  (69,800)644,100  
Selling General and Administrative1,086,000  1,050,000  873,000  1,000,800  
Non Recurring -  40,000  363,800  (363,800)
Others -   -   -  (91,500)
Total Operating Expenses -   -   -  1,189,600  
Operating Income or Loss874,000  776,000  1,131,700  881,200  
Income from Continuing Operations
Total Other Income/Expenses Net94,000  93,000  (15,800)(26,100)
Earnings Before Interest And Taxes968,000  869,000  1,115,900  855,100  
Interest Expense57,000  54,000  116,000  (49,800)
Income Before Tax911,000  815,000  999,900  904,900  
Income Tax Expense230,000  216,000  259,900  235,300  
Minority Interest -   -   -   -  
Net Income From Continuing Ops681,000  599,000  740,000  669,600  
Non-recurring Events
Discontinued Operations -   -   -   -  
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income681,000  599,000  740,000  669,600  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$681,000  $599,000  $740,000  $669,600  

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