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Cardinal Health Company Cash Flow Shenanigan? The following was reported by Cardinal Health Company in 2004: (all amounts in millions) Dec 31, 2004 Dec 31,

Cardinal Health Company Cash Flow Shenanigan?

The following was reported by Cardinal Health Company in 2004:

(all amounts in millions) Dec 31, 2004 Dec 31, 2003
Earnings from Continuing Operations $421.6 697.1
Depreciation and Amortization 198.2 143.2
Provision for Bad debts 0.8 (2.7)
Asset Impairments 155.8 4.8
Decrease/(Increase) in trade receivables 622.3 (488.3)
Increase in Inventories (707.5) (841.4)
Decrease/(Increase) in Sales Type Leases (95.3) 22.0
Increase in Accounts Payable 794.1 964.3
Other Accrued Liabilities and operating items, net 129.2 49.4
Net Cash provided by operating activities $1,519.2 $548.4

What strikes you as unusual? What do you think the company is trying to do? Thoroughly explain both your answers

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