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China Medical Technologies Reports FY2009 First Fiscal Quarter Unaudited Financial Results
Date:9/1/2009

le assets (1) 22,732 22,732 49,807 7,292 Non-cash interest expense of convertible notes arising from the adoption of APB14-1 (3) -- 7,153 7,620 1,116 Non-GAAP income from continuing operations 78,313 78,579 72,531 10,619 GAAP earnings from continuing operations per ADS - basic 1.82 1.56 0.11 0.02 - diluted 1.81 1.55 0.11 0.02 Non-GAAP earnings from continuing operations per ADS - basic 2.98 2.99 2.76 0.40 - diluted (2) 2.96 2.97 2.74 0.40 Weighted average number of ADS - basic 26,242,974 26,242,974 26,324,842 26,324,842 - diluted (2) 26,461,885 26,461,885 26,438,076 26,438,076 Notes: (1) The Company has performed a preliminary purchase price allocation after the completion of the SPR acquisition in December 2008. The Company will finalize the purchase price allocation as soon as practicable. (2) In computing diluted non-GAAP earnings from continuing operations per ADS, interest expense and amortization in connection with convertible notes were not added back in computing diluted non-GAAP earnings from continuing operations per ADS because they were anti-dilutive. (3) As a result of the adoption of FSP APB14-1, the Company adjusted relevant numbers in the reconciliation of non-GAAP income from continuing operations to GAAP income from continuing operations for the three months ended June 30, 2008 retrospectively in accordance with GAAP.
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SOURCE China Medical Technologies, Inc.
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