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Brookdale Announces First Quarter 2008 Results
Date:5/7/2008

> and amortization (45,633) (4,781)

Loss on extinguishment of debt (2,821) -

Equity in loss of unconsolidated ventures (173) (1,453)

Loss before income taxes (84,980) (55,577)

Benefit for income taxes 29,887 20,568

Loss before minority interest (55,093) (35,009)

Minority interest - (131)

Net loss $(55,093) $(35,140)

Basic and diluted loss per share $(0.54) $(0.35)

Weighted average shares used in

computing basic and diluted loss per

share 101,995 101,302

Dividends declared per share $0.25 $0.45

Condensed Consolidated Balance Sheets

(in thousands)

March 31, December 31,

2008 2007

(unaudited)

Cash and cash equivalents $119,536 $100,904

Cash and escrow deposits - restricted 76,649 76,962

Accounts receivable, net 72,448 66,807

Other current assets 43,721 47,162

Total current assets 312,354 291,835

Property, plant, and equipment and

leasehold intangibles, net 3,744,647 3,760,453

Other assets, net 756,735 759,334

Total assets $4,813,736 $4,811,622

Current liabilities
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SOURCE Brookdale Senior Living Inc.
Copyright©2008 PR Newswire.
All rights reserved

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6. Brookdale Senior Living Announces Changes in Senior Management and Board of Directors
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