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SXC Health solutions announces record third quarter financial results
Date:11/5/2009

Balance Sheets (in thousands, except share data) September 30, December 31, ------------- ------------- 2009 2008 ------------- ------------- (unaudited) ASSETS Current assets Cash and cash equivalents $ 319,522 $ 67,715 Restricted cash 12,433 12,498 Accounts receivable, net of allowance for doubtful accounts of $3,319 (2008 - $3,570) 90,083 80,531 Rebates receivable 20,577 29,586 Unbilled revenue - 73 Prepaid expenses and other assets 4,718 4,382 Inventory 7,023 6,689 Income tax recoverable - 1,459 Deferred income taxes 9,919 10,219 ------------- ------------- Total current assets 464,275 213,152 Property and equipment, net of accumulated depreciation of $25,388 (2008 - $19,449) 19,543 20,756 Goodwill 141,785 143,751 Other intangible assets, net of accumulated amortization of $21,585 (2008 - $14,099) 39,820 46,406 Deferred financing charges 1,154 1,481 Deferred income taxes 1,846 1,323 Other assets 1,293 1,4
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SOURCE SXC Health Solutions Corp.
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