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SXC Health Solutions announces second quarter financial results
Date:8/7/2008

75,541 17,990

Rebates receivable 26,050 -

Unbilled revenue 1,094 1,195

Prepaid expenses and other 3,167 2,361

Inventory 6,870 242

Income tax recoverable 1,064 1,073

Deferred income tax asset, current 4,091 3,246

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Total current assets 185,387 117,036

Property and equipment, net of accumulated

depreciation of $16,049 (December 31, 2007 -

$13,004) 19,852 13,629

Goodwill 158,848 15,996

Other intangible assets, net of accumulated

amortization of $7,562 (December 31, 2007 -

$4,734) 51,253 9,661

Deferred financing charges 1,701 -

Deferred income tax asset 3,939 3,157

Other assets 1,311 -

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Total assets $ 422,291 $ 159,479

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LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Current portion of long-term debt $ 1,560 $ -

Accounts payable 7,771 1,344

Customer deposits 14,973 2,506

Salaries and wages payable
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SOURCE SXC Health Solutions Inc.
Copyright©2008 PR Newswire.
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