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HCA Reports First Quarter 2008 Results
Date:5/6/2008

164

Stockholders' deficit (10,526) (10,538)

$24,492 $24,025

HCA Inc.

Consolidated Statements of Cash Flows

First Quarter

(Dollars in millions)

2008 2007

Cash flows from operating activities:

Net income $170 $180

Adjustments to reconcile net income to net cash

provided by operating activities:

Provision for doubtful accounts 888 691

Depreciation and amortization 357 355

Income taxes (9) 277

Gains on sales of facilities (51) (5)

Change in operating assets and liabilities (1,183) (1,203)

Change in minority interests 6 33

Share-based compensation 7 5

Other 42 19

Net cash provided by operating activities 227 352

Cash flows from investing activities:

Purchase of property and equipment (308) (334)

Acquisition of hospitals and health care entities (24) (10)

Disposal of hospitals and health care entities 107 30

Change in investments (11) 165

Other 9 6

Net cash used in investing activities (227) (143)

Cash flows from financing activities:

Net
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SOURCE HCA
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