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Kendle Delivers Strong Growth in Revenues, New Business Authorizations and Operating Margin for Full-Year 2007; Announces Guidance for 2008
Date:2/27/2008

re not required by, or presented in accordance with, GAAP; (ii)

should not be considered as alternatives to net income or any other

performance measures derived in accordance with GAAP; and (iii) should

not be considered in isolation or as a substitute for analysis of GAAP

results.

Kendle International Inc.

Selected Balance Sheet Information

(In thousands)

(Unaudited)

December 31, 2007 December 31, 2006

Cash, cash equivalents and

marketable securities (including

restricted cash) $46,356 $22,312

Net Receivables 57,148 60,253

Borrowings 200,000 199,500


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SOURCE Kendle International Inc.
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