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Immucor Announces Fiscal Fourth Quarter Results
Date:7/23/2009

11,222 11,146 Total current liabilities 52,288 41,019 Deferred revenue, long-term portion 10,871 13,010 Other liabilities 3,603 3,225 Shareholders' equity 384,578 307,696 

                             IMMUCOR, INC. AND SUBSIDIARIES
                     CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                (Unaudited, in thousands)
                                                       Years Ended
                                                  May 31,           May 31,
                                                   2009              2008
    OPERATING ACTIVITIES:
      Net income                               $   76,183         $  71,454
      Adjustments to reconcile net income to
       net cash provided by operating
       activities:
        Depreciation and amortization              13,306             8,376
        Share-based compensation expense            5,904             3,678
        Deferred income taxes                           5            (1,751)
        Excess tax benefit from share-based
         compensation                              (3,253)           (7,539)
        Other                                       1,200              (804)
      Changes in operating assets and liabilities,
       net of effects from acquired companies     (13,523)            1,691
    Cash provided by operating activities          79,822            75,105

    INVESTING ACTIVITIES:
      Purchases of property and equipment          (8,602)          (11,573)
      Acquisition of businesses, net of cash
       acquired                                  (107,954)                -
      Other                                             -            (4,120)
    Cash used in investing a
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SOURCE  Immucor, Inc.
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