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QLT announces first quarter results for 2008

1,300 153

Accrued liabilities 123,765 123,294

Convertible debt 172,500 172,500

Current portion of deferred revenue 8,138 8,431

Current portion of deferred income tax

liabilities 9,444 11,291


322,799 324,155

Uncertain tax position liabilities 2,168 2,070

Deferred revenue 2,571 2,939


327,538 329,164



Common shares 702,221 702,221

Additional paid in capital 121,134 119,779

Accumulated deficit (724,926) (714,455)

Accumulated other comprehensive income 110,010 112,278


208,439 219,823


$ 535,977 $ 548,987



As at March 31, 2008, there were 74,620,328 issued and outstanding common

shares and 4,917,433 outstanding stock options.

QLT Inc.



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