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Haemonetics Reports Strong Results for Fourth Quarter and Fiscal Year End 2008 and Issues Guidance for Continued Strong Growth in Fiscal 2009
Date:5/1/2008

Bank $35,749 $32,218 11.0% 136,148 126,216 7.9%

Red Cell $12,120 $11,301 7.2% 46,377 43,406 6.8%

$88,299 $74,237 18.9% $337,744 $296,593 13.9%

Patient:

Surgical/Diagnostic $21,178 $17,254 22.7% 72,085 66,552 8.3%

OrthoPAT $9,179 $8,383 9.5% 34,301 30,515 12.4%

$30,357 $25,637 24.0% $106,386 $97,067 9.6%

Subtotal $118,656 $99,874 18.8% $444,130 $393,660 12.8%

Equipment $10,527 $7,022 49.9% $32,813 $22,229 47.6%

Software & Services $9,556 $10,023 (4.7%) 39,498 33,718 17.1%

Net Revenues $138,739 $116,919 18.7% $516,440 $449,607 14.9%

Consolidated Balance Sheets

Period ending

03/29/08 03/31/07

Assets

Cash & cash equivalents $133,553 $229,227

Accounts receivable, net $120,252 $91,832

Inventories, net $65,388 $61,797

Other current assets $32,881 $20,815

Total current assets $352,074 $403,671

Net PP&E $116,484 $90,775

Other assets $129,198 $78,289

Total assets $597,756 $572,735

Period ending

03/29/08 03/31/07

Liabilities & Stockholders' Equity

S/T debt & current maturities $6,326 $22,201

Other current liabilities 89,391 $59,816

Total current liabilities 95,717 82,017
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SOURCE Haemonetics Corporation
Copyright©2008 PR Newswire.
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