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HLTH Corporation Announces Second Quarter Financial Results
Date:7/30/2009

income per common share. (c) Reconciliation of Adjusted EBITDA to consolidated income (loss) from continuing operations. (d) The consolidated financial statements for the three and six months ended June 30, 2008 have been adjusted to reflect (i) the required adoption, effective January 1, 2009, of Financial Accounting Standards Board's Staff Position No. APB 14-1, "Accounting for Convertible Debt Instruments That May Be Settled in Cash Upon Conversion (Including Partial Cash Settlement)" and Statement of Financial Accounting Standards No. 160, "Noncontrolling Interests in Consolidated Financial Statements - an amendment of ARB No. 51" and (ii) the reclassification of WebMD's Little Blue Book print directory business to discontinued operations. HLTH CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, unaudited) June 30, December 31, 2009 2008 ------- ----------- Assets ------ Cash and cash equivalents $555,247 $629,848 Accounts receivable, net 78,674 93,082 Prepaid expenses and other current assets 48,974 44,740 Assets of discontinued operations 124,945 131,350 ------- ------- Total current assets 807,840 899,020 Investments 273,209 288,049 Property and equipment, net 56,864 56,633 Goodwill 202,104 202,104 Intangible assets, net 28,888 32,328 Other assets 24,863
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