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Labopharm Reports Results for First Quarter Fiscal 2009
Date:5/7/2009

------------------------------------------------------------------------- ------------------------------------------------------------------------- Labopharm Inc. INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) For the three months ended: March 31, March 31, 2009 2008 (Restated) (thousands of Canadian dollars) $ $ ------------------------------------------------------------------------- OPERATING ACTIVITIES Net loss for the period (7,974) (9,743) Items not affecting cash: Depreciation of property, plant and equipment 422 455 Amortization of intangible assets 41 30 Amortization of premiums and discounts on marketable securities 15 14 Impairment loss on long-term investment - 691 Non-cash financial expenses 142 95 Unrealized foreign exchange loss (gain) 808 (241) Stock-based compensation 792 884 ------------------------------------------------------------------------- (5,754) (7,815) Net change in non-cash items (2,045) 930 ------------------------------------------------------------------------- (7,799) (6,885) ------------------------------------------------------------------------- INVESTING ACTIVITIES Acquisition of marketable securities (6,568) (23,553) Proceeds from maturities of marketable se
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