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

MDS Inc. Consolidated operating highlights and reconciliation of consolidated adjusted EBITDA (millions of U.S. dollars) Second Quarter Year-to-date -------------- --------------- 2009 2008 2009 2008 ------------------------------------------------------------------------- $ 282 $ 350 Total revenues $ 557 $ 672 (25) (24) Reimbursement revenues (43) (50) ------------------------------------------------------------------------- $ 257 $ 326 Net revenues $ 514 $ 622 ------------------------------------------------------------------------- ------------------------------------------------------------------------- $ (17) $ 13 Net (loss) income $ (15) $ 32 8 6 Income tax expense 7 - 2 (1) Interest expense (income), net 4 (4) - - Change in fair value of interest rate swaps - (2) 23 23 Depreciation and amortization 45 50 ------------------------------------------------------------------------- 16 41 EBITDA 41 76 - 1 Restructuring charges, net 6 1 16 - Impairment of property, 16 - plant and equipment, net - 3 Write-down of investments 1 3 and valuation provisions - (10) Change in FDA estimate - (10) - - Loss on sale of business - 2 (1) (1) Acquisit
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SOURCE MDS Inc.
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