On the Surface

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CONTENTS Letter to Shareholders pages 2-5 Advanced Visualization pages 6-7 Behind the Names pages 8-9 Customer-Centric Commitment pages 10-11 STERIS at a Glance page 12 Corporate Information Inside Back Cover ABOUT THIS ANNUAL REPORT The sterility of the surgical instrument on the cover symbolizes the mission of STERIS “on the surface” – to provide a healthier today and a safer tomorrow through knowledgeable people and innovative infection prevention, decontamination and health science technologies, products and services. Beyond the surface, integration among these technologies, products and services and close connectivity between STERIS and its Customers promote productivity, quality and safety in a wide range of critical environments – a key differentiator in the marketplace. Beginning “on the surface,” this annual report offers a glimpse of the breadth of solutions STERIS provides its valued Customers.
“ We intend to give Customers more reasons than ever to turn to us for solutions.” — Walt Rosebrough President and Chief Executive Officer
Page 1: On the Surface FISCAL 2008 ANNUAL R
Page 5 and 6: ON THE SURFACE NET REVENUES and ded
Page 7 and 8: ON THE SURFACE large population of
Page 9 and 10: ON THE SURFACE Advanced Visualizati
Page 11 and 12: ON THE SURFACE Behind the Names Tec
Page 13 and 14: ON THE SURFACE Customer-Centric Com
Page 15 and 16: United States Securities and Exchan
Page 17 and 18: PART I Throughout this Annual Repor
Page 19 and 20: support services such as constructi
Page 21 and 22: Restructuring - European Restructur
Page 23 and 24: we cannot assure you that future or
Page 25 and 26: Our success depends, in part, on ou
Page 27 and 28: We conduct manufacturing, sales and
Page 29 and 30: • consent decree, which could res
Page 31 and 32: U.S. Locations (including Puerto Ri
Page 33 and 34: We believe we have adequately reser
Page 35 and 36: PART II ITEM 5. MARKET FOR REGISTRA
Page 37 and 38: ITEM 6. SELECTED FINANCIAL DATA Yea
Page 39 and 40: We use this measure to gauge our ab
Page 41 and 42: A detailed discussion of our fiscal
Page 43 and 44: FISCAL 2008 AS COMPARED TO FISCAL 2
Page 45 and 46: Compensation and benefit costs, fee
Page 47 and 48: Liabilities related to restructurin
Page 49 and 50: We operate in three reportable busi
Page 51 and 52: STERIS Isomedix Services segment op
Page 53 and 54:
Operating Expenses. The following t
Page 55 and 56:
March 31, 2006 European Restructuri
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The following table compares our re
Page 59 and 60:
Net Cash Provided by Operating Acti
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• Stock option and other equity t
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CONTRACTUAL AND COMMERCIAL COMMITME
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Allowance for Sales Returns. We mai
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Our self-insured liabilities contai
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Amendment of FASB Statements No. 87
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Item 7A. Quantitative and Qualitati
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REPORT OF MANAGEMENT Board of Direc
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STERIS CORPORATION AND SUBSIDIARIES
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9. INCOME TAXES STERIS CORPORATION
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ITEM 9A. CONTROLS AND PROCEDURES EV
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ITEM 9B. OTHER INFORMATION None. PA
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PART IV ITEM 15. EXHIBITS AND FINAN
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Exhibit Number Exhibit Description
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EXHIBIT INDEX Exhibit Number Exhibi
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Exhibit Number Exhibit Description
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EXHIBIT 23.1 CONSENT OF INDEPENDENT
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EXHIBIT 31.1 CERTIFICATION OF THE P
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EXHIBIT 32.1 CERTIFICATION PURSUANT
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Corporate Information BOARD OF DIRE
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