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NMHC Reports Fourth Quarter and Fiscal Year 2007 Financial Results
Date:9/10/2007

r matters that could cause actual results to differ materially, including risks relating to, among other factors, pricing, competition in the bidding and proposal process, our ability to consummate contract negotiations with prospective clients, dependence on key members of management, government regulation, acquisitions and affiliations, the market for PBM services, and the outcome of our on-going review of the Company's infrastructure, service offerings and customer base, readers are urged to carefully review and consider various disclosures made by NMHC in its Annual Report on Form 10-K for the fiscal year ended June 30, 2007, and in its reports on Forms 10-Q and 8-K filed with the U.S. Securities and Exchange Commission. NMHC assumes no obligation to update any forward- looking statements contained in this document or the attachments to reflect new information or future events or developments after the date any such statement is made.

NATIONAL MEDICAL HEALTH CARD SYSTEMS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except per share data)

June 30, June 30,

Assets 2007 2006

Current:

Cash and cash equivalents $705 $8,410

Restricted cash 19,276 4,845

Accounts receivable, net 62,465 82,365

Rebates receivable 42,417 48,911

Inventory 6,250 5,666

Deferred tax assets 1,913 2,278

Prepaid expenses and other

current assets 2,758 2,623

Total current assets 135,784 155,098

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SOURCE National Medical Health Card Systems, Inc.
Copyright©2007 PR Newswire.
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