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Brookdale Announces Third Quarter 2007 Results
Date:11/7/2007

87) (107,002) (68,521)

Amortization of deferred

financing costs (1,151) (1,141) (4,878) (3,179)

Change in fair value of

derivatives and amortization (43,731) (1,840) (30,893) (1,422)

Loss on extinguishment of debt - (1,414) (803) (2,748)

Equity in loss of unconsolidated

ventures (309) (1,649) (2,362) (2,286)

Other non-operating income - - 238 -

Loss before income taxes (94,047) (45,202) (181,656) (83,779)

Benefit for income taxes 35,125 14,146 68,408 13,487

Loss before minority interest (58,922) (31,056) (113,248) (70,292)

Minority interest (5) (89) 506 (438)

Net loss $(58,927) $(31,145) $(112,742) $(70,730)

Basic and diluted loss per

share $(0.58) $(0.34) $(1.11) $(0.96)

Weighted average shares used in

computing basic and diluted

loss per share 101,564 91,640 101,463 73,999

Dividends declared per share $0.50 $0.40 $1.45 $1.10

Condensed Consolidated Balance Sheets

(in thousands)

Sept. 30, 2007 Dec. 31, 2006

(Unaudited)

Cash and cash equivalents $63,059 $68,034

Cash and investments - restricted 93,337 61,116

Accounts receivable, net 66,906 58,987

Other current assets 71,609 82,095

Total current assets 294,911 270,232

Property, plant, equipment and

lease
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SOURCE Brookdale Senior Living Inc.
Copyright©2007 PR Newswire.
All rights reserved

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