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DaVita 1st Quarter 2009 Results
Date:4/27/2009

of free cash flows that are attributable to DaVita Inc. Free cash flow is not a measure of financial performance under United States generally accepted accounting principles and should not be considered as an alternative to cash flows from operating, investing or financing activities, as an indicator of cash flows or as a measure of liquidity. Three months ended March 31, December 31, March 31, 2009 2008 2008 Cash provided by operating activities $134,249 $198,549 $107,912 Less: Income distributions to noncontrolling interests (13,567) (14,379) (16,888) Cash provided by operating activities attributable to DaVita Inc. $120,682 $184,170 $91,024 Less: Expenditures for routine maintenance and information technology (31,155) (39,412) (18,451) Free cash flow $89,527 $144,758 $72,573 Rolling 12-Month Period March 31, December 31, March 31, 2009 2008 2008 Cash provided by operating activities $640,038 $613,701 $590,840 Less: Income distributions to noncontrolling interests (54,449) (57,770) (54,811) Cash provided by operating activities attributable to DaVita Inc. $585,589 $555,931 $536,029 Less: Expenditures for routine maintenance and information technology (117,937) (105,233) (103,525) Free cash flow. $467,652 $450,698 $432,504


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