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DaVita 1st Quarter 2009 Results

                                     DAVITA INC.
                                (dollars in thousands)

    On January 1, 2009 we adopted SFAS No. 160 Noncontrolling Interests in
    Consolidated Financial Statements and implemented the classification and
    measurement of minority interests (noncontrolling interests) according
    to SEC Topic No. D-98 Classification and Measurement of Redeemable
    Securities. Under the provisions of SFAS No. 160 we are required to
    separately report the amount of consolidated net income attributable to
    the parent and to the noncontrolling interests on the face of the
    consolidated statement of income instead of reporting noncontrolling
    interests as a reduction to operating income as we previously had
    reported. In addition, we are also required to treat noncontrolling
    interests as a separate component of equity; however, in accordance with
    SEC Topic No. D-98, we are required to classify securities with
    redemption features that are not solely within our control, such as our
    noncontrolling interests that are subject to put provisions outside of
    permanent equity and to measure these noncontrolling interests at fair
    value. The provisions of these standards have been applied
    retrospectively for all prior periods presented.

    The following tables reflect the adjustments made to our previously
    reported financial statement amounts as a result of implementing SFAS
    No. 160 and SEC Topic No. D-98.

    1. Consolidated Statements of Income:

    We believe that this reconciliation of reported operating income to
    operating income as previously reported enables a user of our financial
    statements to more fully understand the impact on our previously
    reported operating results of implementing SFAS No. 160. Operating

SOURCE DaVita Inc.
Copyright©2009 PR Newswire.
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