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All references to "shares" are to our ordinary shares, which are divided into two classes, Class A and Class B. Each of our American Depositary Shares, which trade on the New York Stock Exchange, represents one Class A ordinary share. The accounting policies underlying the financial information for the segmental reporting are based primarily on statutory accounting requirements in the PRC.
Exhibit 1
MINDRAY MEDICAL INTERNATIONAL LIMITED
CONDENSED CONSOLIDATED BALANCE SHEETS
As at
December 31, As at
2006 September 30, 2007
RMB RMB US$
(derived
from audited
financials) (unaudited)(unaudited)
ASSETS (In thousands) (In thousands)
Current assets:
Cash and cash equivalents 1,709,596 1,318,102 175,916
Restricted cash -- -- --
Short-term investments 13,312 418,498 55,853
Accounts receivable, net 104,679 145,396 19,405
Inventories, net 122,071 199,129 26,576
Value added tax receivables -- -- --
Other receivables 11,774 28,313 3,779
Prepayments and other 19,263 15,924 2,125
Deferred tax assets - current
portion 2,747 2,410 322
Total current assets 1,983,442 2,127,772 283,976
Loans to employees 4,851 4,895 653
Long-term investments
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