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MedCath Corporation Reports Fourth Quarter Earnings and Outlook for Fiscal 2008
Date:11/13/2007

- 555 -

Depreciation 7,332 8,863 33,602 34,792

Amortization 126 252 631 1,008

Loss (gain) on disposal of

property, equipment and other

assets 419 95 1,466 (142)

Impairment of long-lived

assets - 7 - 458

Total operating expenses 144,465 161,776 655,880 658,855

Income from operations 14,176 15,668 63,079 47,519

Other income (expenses):

Interest expense (4,014) (7,952) (22,464) (31,840)

Loss on early extinguishment

of debt (4,789) - (9,931) (1,370)

Interest and other income, net 1,570 2,029 7,855 7,733

Equity in net earnings of

unconsolidated affiliates 1,644 1,036 5,739 4,919

Total other expenses, net (5,589) (4,887) (18,801) (20,558)

Income from continuing

operations before minority

interest, income taxes and

discontinued operations 8,587 10,781 44,278 26,961

Minority interest share of

earnings of consolidated

subsidiaries (4,221) (3,171) (14,575) (15,521)

Income from continuing

operations before income taxes

and discontinued operations 4,366 7,610 29,703 11,440

Income tax expense 1,834 3,120 12,476 4,729

Income from continuing

operations 2,532 4,490 17,227 6,711

Income (loss) from discontinued

operations, net of taxes (1,624) 6,449 (5,700) 5,865

Net income (loss) $908 $10,939 $11,527 $12,57
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SOURCE MedCath Corporation
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