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Dialysis Corporation of America Reports Third Quarter 2008 Results
Date:11/5/2008

580,885 1,195,807 1,447,306

Income before minority

interest 1,019,107 1,194,427 2,778,821 2,707,650

Minority interest in income

of consolidated

subsidiaries (144,162) (267,010) (792,305) (643,886)

Net income $874,945 $927,417 $1,986,516 $2,063,764

Earnings per share:

Basic $.09 $.10 $.21 $.22

Diluted $.09 $.10 $.21 $.21

Weighted average shares

outstanding:

Basic 9,579,743 9,573,596 9,579,868 9,572,656

Diluted 9,614,084 9,604,278 9,614,162 9,609,136

DIALYSIS CORPORATION OF AMERICA AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

September 30, December 31,

2008 2007

ASSETS

Current assets:

Cash and cash equivalents $4,706,122 $2,447,820

Accounts receivable, net 20,889,179 20,159,926

Inventories, net 2,466,817 2,006,661

Deferred income tax asset 998,000 998,000

Other current assets 2,323,285 3,313,406

Total current assets 31,383,403 28,925,813

Property and equipment 32,065,622 28,766,423

Less accumulated depreciation and

amortization 13,955,039 12,264,029

18,110,583 16,502,394

Goodwill 10,619,026 8,576,893

Other a
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SOURCE Dialysis Corporation of America
Copyright©2008 PR Newswire.
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