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Rural/Metro Announces Results for Fiscal 2008 Second Quarter
Date:2/11/2008

1,021 1,007

Loss (gain) on sale of property

and equipment 286 (667)

Earnings of minority shareholder 764 975

Stock-based compensation benefit - (7)

Change in assets and liabilities -

Accounts receivable (7,841) (3,189)

Inventories (145) (504)

Prepaid expenses and other 2,015 (1,969)

Insurance deposits (264) 914

Other assets 667 3,271

Accounts payable 2,636 1,492

Accrued liabilities 3,329 73

Deferred revenue (1,655) (85)

Other liabilities 563 (1,306)

Net cash provided by operating

activities 9,816 13,665

Cash flows from investing activities:

Purchases of short-term investments (5,000) (12,250)

Sales of short-term investments 5,000 18,451

Capital expenditures (7,525) (8,433)

Proceeds from the sale of property

and equipment 5 687

Net cash used in investing

activities (7,520) (1,545)

Cash flows from financing activities:

Repayment of debt (6,319) (7,019)

Issuance of debt 1,300 -

Cash paid for debt issuance costs (850) (162)


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SOURCE Rural/Metro Corporation
Copyright©2008 PR Newswire.
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