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SXC Health solutions announces Strong fourth quarter and year end financial results
Date:3/4/2010

accumulated depreciation of $27,421 (2008 - $19,449) 19,880 20,756 Goodwill 141,787 143,751 Other intangible assets, net of accumulated amortization of $23,831 (2008 - $14,099) 37,574 46,406 Deferred financing charges - 1,481 Deferred income taxes 1,641 1,323 Other assets 1,251 1,474 ------------- ------------- Total assets $ 662,080 $ 428,343 ------------- ------------- ------------- ------------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 9,916 $ 8,302 Customer deposits 14,832 11,875 Salaries and wages payable 12,349 15,681 Accrued liabilities 30,786 32,039 Pharmacy benefit management rebates payable 46,606 36,326 Pharmacy benefit claim payments payable 61,669 51,406 Deferred revenue 7,304 7,978 Current portion of long-term debt - 3,720 ------------- ------------- Total current liabilities 183,462 167,327 Long-term debt, less current installments - 43,920 Deferred income taxes 13,597 15,060 Deferred lease inducements 2,748 3,217 Deferred rent 1,337
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SOURCE SXC Health Solutions Corp.
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