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Dialysis Corporation of America Reports Fourth Quarter and Year Ended December 31, 2008 Results
Date:3/5/2009

ed $.30 $.32 $.32 Weighted average shares outstanding: Basic 9,579,837 9,572,893 9,484,926 Diluted 9,613,866 9,607,672 9,575,733 DIALYSIS CORPORATION OF AMERICA AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS December 31, December 31, 2008 2007 (Unaudited) Assets Current assets: Cash and cash equivalents $6,543,000 $2,447,820 Accounts receivable, net 21,493,780 20,159,926 Inventories, net 2,918,578 2,006,661 Deferred income tax asset 1,185,000 998,000 Other current assets 2,978,049 3,313,406 Total current assets 35,118,407 28,925,813 Property and equipment 32,987,475 28,766,423 Less accumulated depreciation and amortization 14,452,018 12,264,029 18,535,457 16,502,394 Goodwill 16,492,401 8,576,893 Other assets 932,930 841,092 Total other assets 17,425,331 9,417,985 $71,079,195 $54,846,192 Liabilities and Stockholders' Equity Current liabilities: Accounts payable and accrued expenses $14,717,692 $10,224,199 Income taxes payable 60,470 33,297 Current portion of long-term debt 74,000 56,000 Total current liabili
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