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Brookdale Announces Fourth Quarter and Full Year 2008 Results
Date:3/1/2009

bilities: Accounts receivable, net (25,150) (6,134) Prepaid expenses and other assets, net (14,850) 14,783 Accounts payable and accrued expenses 15,428 21,512 Tenant refundable fees and security deposits (1,293) 6,410 ------ ----- Net cash provided by operating activities 136,767 199,662 ------- ------- Cash Flows from Investing Activities Decrease in lease security deposits and lease acquisition deposits, net 3,481 2,620 Increase in cash and escrow deposits - restricted (21,760) (15,002) Net proceeds from sale of property, plant and equipment - 6,700 Additions to property, plant, and equipment and leasehold intangibles, net of related payables (189,028) (169,556) Acquisition of assets, net of related payables and cash received (6,731) (172,101) Payment on (issuance of) notes receivable, net 39,362 (11,133) Investment in unconsolidated ventures (2,779) (1,985) Distributions received from unconsolidated ventures 3,916 2,038 Proceeds from sale of business 2,935 - Proceeds from sale of unconsolidated venture 4,165 - ----- --- Net cash used in investing activities (166,439) (358,419) -------- -------- Cash Flows from Financing Activities Pro
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SOURCE Brookdale Senior Living Inc.
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