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MedCath Corporation Reports Second Quarter Earnings and Provides Update to Internal Assessment
Date:5/21/2009

90 19,962 19,631 20,640 MEDCATH CORPORATION CONSOLIDATED BALANCE SHEETS (In thousands, except share data) March 31, September 30, 2009 2008 (Unaudited) Current assets: Cash and cash equivalents $42,883 $93,836 Restricted cash 3,166 3,154 Accounts receivable, net 89,638 83,875 Income tax receivable, net 1,275 3,091 Medical supplies 17,661 15,479 Deferred income tax assets 8,643 9,769 Prepaid expenses and other current assets 10,545 9,796 Current assets of discontinued operations 12,531 20,776 Total current assets 186,342 239,776 Property and equipment, net 357,285 323,729 Investments in affiliates 12,676 15,285 Goodwill 60,174 60,174 Other intangible assets, net 6,266 6,063 Other assets 7,767 8,378 Long-term assets of discontinued operations - 51 Total assets $630,510 $653,456 Current liabilities: Accounts payable $41,513 $41,642 Accrued compensation and benefits 19,596 16,872 Other accrued liabilities 22,265 24,054 Current portion of long-term debt and obligations under capital leases
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