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HCA Reports Second Quarter 2008 Results
Date:7/31/2008

rterly comparisons of our results of operations and operations comparisons with other health care companies.

Net income, excluding losses (gains) on sales of facilities and impairment of long-lived assets and adjusted EBITDA are not measures of financial performance under accounting principles generally accepted in the United 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 losses (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 losses (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)

June 30, March 31, December 31,

2008 2008 2007

ASSETS

Current assets:

Cash and cash equivalents $368 $471 $393

Accounts receivable, less

allowance for doubtful

accounts 3,922 4,134 3,895

Inventories 715 705 710

Deferred income taxes 727 693 592

Other 557 498 615

Total current assets 6,289 6,501 6,205

Property and equipment, at cost 23,145 22,783 22,579

Accumulated depreciation
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SOURCE HCA
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