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QLT announces first quarter results for 2008
Date:4/25/2008

dollars) 2008 2007

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(Unaudited)

ASSETS

Current assets

Cash and cash equivalents $ 119,967 $ 126,731

Short-term investment securities - -

Restricted cash 122,416 123,495

Accounts receivable 25,266 25,257

Income taxes receivable 47,059 48,421

Inventories 14,820 18,511

Current portion of deferred income tax assets 18,244 19,392

Other 15,011 11,930

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362,783 373,737

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Property, plant and equipment 10,372 13,210

Assets held for sale 38,575 39,540

Deferred income tax assets 8,237 7,041

Goodwill 93,754 94,903

Long-term inventories and other assets 22,256 20,556

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$ 535,977 $ 548,987

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LIABILITIES

Current liabilities

Accounts payable $ 7,569 $ 8,486

Income taxes payable 83 -

Accrued restructuring charge
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SOURCE QLT Inc.
Copyright©2008 PR Newswire.
All rights reserved

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