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Rural/Metro Announces Results for Fiscal 2008 First Quarter; Fiscal 2007 Fourth Quarter and Full Year
Date:11/14/2007

30

LIABILITIES, MINORITY INTEREST AND

STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Accounts payable $16,271 $15,271

Accrued liabilities 60,926 53,358

Deferred revenue 25,056 24,959

Current portion of long-term debt 42 41

Total current liabilities 102,295 93,629

Long-term debt, net of current portion 277,151 280,081

Other long-term liabilities 24,256 24,065

Total liabilities 403,702 397,775

Minority interest 2,309 2,104

Stockholders' equity (deficit):

Common stock, $0.01 par value, 40,000,000

shares authorized, 24,737,726 shares issued

and outstanding at September 30, 2007 and

June 30, 2007 247 247

Additional paid-in capital 154,777 154,777

Treasury stock, 96,246 shares at

September 30, 2007 and June 30, 2007 (1,239) (1,239)

Accumulated other comprehensive income 294 294

Accumulated deficit (267,043) (254,628)

Total stockholders' equity (deficit) (112,964) (100,549)

Total liabilities, minority interest and

stockholders' equity (deficit) $293,047 $299,330

RURAL/METRO CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share amounts)

Three Months Ended September 30,


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SOURCE Rural/Metro Corporation
Copyright©2007 PR Newswire.
All rights reserved

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