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MedCath Corporation Reports Third Quarter Earnings
Date:8/5/2009

ng the period. MEDCATH CORPORATION SUPPLEMENTAL FINANCIAL DISCLOSURE - RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES (Unaudited) The following table reconciles Adjusted EBITDA with MedCath's income from continuing operations as derived directly from MedCath's consolidated financial statements for the three and nine months ended June 30, 2009 and 2008. Three Months Nine Months Ended June 30, Ended June 30, -------------- ------------- 2009 2008 2009 2008 ---- ---- ---- ---- (in thousands) (in thousands) Income from continuing operations $586 $4,902 $4,388 $12,678 Add: Income tax expense 536 3,469 2,998 8,917 Minority interest share of earnings of consolidated subsidiaries 2,287 3,865 9,703 12,644 Equity in net earnings of unconsolidated affiliates (2,265) (2,636) (7,044) (6,842) Interest and other income (52) (284) (218) (1,930) Loss on early extinguishment of debt - - 6,702 - Interest expense 1,151 3,862 5,339 11,658 (Gain) loss on disposal of property, equipment and other assets (26) 225 138 391 Amortization 230 149 589 411 Depreciation 7,858 7,505 23,258 22,535 Pre-opening expenses 754 149
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