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MDS Reports Second Quarter 2009 Financial Results
Date:6/11/2009

y GAAP and MDS's use may vary from that of other companies. MDS uses certain non-GAAP measures so that investors and analysts have a better understanding of the significant events and transactions that have had an impact on results, or may have an impact on MDS's financial outlook. MDS provides a description of these non-GAAP measures and a reconciliation of these non-GAAP measures for actual results to GAAP financial results in its MD&A and Annual Report.

    MDS Inc.
    CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
                                                           As of       As of
    (UNAUDITED)                                         April 30  October 31
    -------------------------------------------------------------------------
    (millions of U.S. dollars,
     except share amounts)                                  2009        2008
    -------------------------------------------------------------------------
    ASSETS
    Current assets
    Cash and cash equivalents                           $    243    $    117
    Accounts receivable, net                                 223         264
    Notes receivable                                          14          75
    Unbilled revenue                                          86          86
    Inventories, net                                          88          85
    Income taxes recoverable                                  64          61
    Current portion of deferred tax assets                    18          20
    Prepaid expenses and other                                33          16
    Assets held for sale                                       6           6
    -------------------------------------------------------------------------
    Total current assets                                     775         730

    Property, plant and equipment, net                       278         301
    Deferred tax assets                               
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SOURCE MDS Inc.
Copyright©2009 PR Newswire.
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