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Rural/Metro Announces Results for Fiscal 2008 Second Quarter

ontinued operations (30) (121) (77) (246)

Items added back to arrive at

Adjusted EBITDA 1,452 617 1,438 (506)

Depreciation and amortization 3,203 2,988 6,343 5,988

Non-cash adjustments to insurance

claims reserves (4,466) (3,128) (4,466) (3,128)

Accretion of 12.75% Senior Discount

Notes 2,188 1,934 4,268 3,772

Deferred income taxes 564 2,180 1,130 4,031

Amortization of deferred financing

costs 480 589 1,021 1,007

Earnings of minority shareholder 259 202 764 975

Loss (gain) on sale of property and

equipment 272 (664) 286 (667)

Stock based compensation benefit - - - (7)

Changes in operating assets and

liabilities (1,385) 2,512 (695) (1,303)

Net cash provided by operating

activities $ 1,869 $ 7,923 $ 9,816 $ 13,665

SOURCE Rural/Metro Corporation
Copyright©2008 PR Newswire.
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