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

Restricted cash (4,325) - (4,325) -

Unbilled revenue (77) 610 101 13

Prepaid expenses 1,789 (279) 1,322 244

Inventory (249) 17 (264) (6)

Income tax

recoverable (722) (738) 274 (738)

Income taxes payable - (2,271) - (594)

Accounts payable 1,858 (1,046) 1,264 (692)

Accrued liabilities (6,108) 1,352 (5,715) -

Pharmacy benefit

claim payments

payable (1,298) (5,717) (1,536) (2,961)

Pharmacy benefit

management rebates

payable (3,860) (1,943) (2,448) (594)

Deferred revenue (943) (1,429) (254) (841)

Customer deposits 1,546 532 102 314

Other (131) - (131) -

----------- ----------- ----------- -----------

Net cash provided

by operating

activities 9,007 (4,654) 17,041 5,153

Cash flows from investing

activities:

Purchases of property

and equipment (810) (1,290) (3,414) (6,181)

Lease inducements

received 373 143 373 391

Acquisition (101,670) - (101,670) -

Proceeds from disposal

of property and

equipment - - - 9

----------- ----------- ----------- -----------

Net cash used in

investing activities (102,
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SOURCE SXC Health Solutions Inc.
Copyright©2008 PR Newswire.
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