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HCA Reports Fourth Quarter and Year End 2008 Results
Date:2/3/2009

ed States, and should not be considered as alternatives to net income as a measure of operating performance or cash flows from operating, investing and financing activities as a measure of liquidity. Because net income, excluding gains on sales of facilities and impairment of long-lived assets and adjusted EBITDA are not measurements determined in accordance with generally accepted accounting principles and are susceptible to varying calculations, net income, excluding gains on sales of facilities and impairment of long-lived assets and adjusted EBITDA, as presented, may not be comparable to other similarly titled measures presented by other companies.



                                   HCA Inc.
                     Condensed Consolidated Balance Sheets
                             (Dollars in millions)

                                  December 31,    September 30,  December 31,
                                        2008             2008          2007
    ASSETS
    Current assets:
      Cash and cash equivalents          $465            $444          $393
      Accounts receivable, less
       allowance for doubtful accounts  3,780           3,699         3,895
      Inventories                         737             716           710
      Deferred income taxes               914             722           592
      Other                               405             517           615

        Total current assets            6,301           6,098         6,205

    Property and equipment, at cost    23,714          23,406        22,579
    Accumulated depreciation          (12,185)        (11,968)      (11,137)
                                       11,529          11,438        11,442

    Investments of insurance
     subsidiary                         1,422           1,483         1,669
    Investments in and advances
     to affiliates                        842             824           688
    Goodwill 
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SOURCE  HCA
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