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Sunrise Reports Financial Results for Fourth Quarter and Full-Year 2008
Date:3/2/2009

liabilities and stockholders' equity $1,381,557 $1,798,597 See accompanying notes SUNRISE SENIOR LIVING, INC. CONSOLIDATED STATEMENTS OF INCOME Three Months Ended Twelve Months Ended December 31, December 31, (In thousands, except per 2008 2007 2008 2007 share amounts) Operating revenue: Management fees $33,814 $33,882 $139,409 $127,830 Buyout fees 621 1,626 621 1,626 Resident fees for consolidated communities 116,835 103,407 435,580 400,238 Ancillary fees 9,633 13,056 54,633 58,645 Professional fees from development, marketing and other 14,428 13,673 59,969 38,855 Reimbursed contract services 260,273 237,368 1,011,431 956,047 Total operating revenues 435,604 403,012 1,701,643 1,583,241 Operating expenses: Community expense for consolidated communities 97,051 74,090 335,739 288,180 Community lease expense 15,229 16,603 60,145 62,588 Depreciation and amortization 13,870 12,295 51,276 52,701 Ancillary expenses 10,304 16,020 60,620 68,958 General and administrative 47,476 46,711 163,159 181,325 Venture expense 1,211 2,039 6,807 7,187 Development expense 17,873 21,692 78,305 72,016 Impairment of goodwill and intangible assets 121,828 - 121,828 - Write-off of abandoned development projects 11,554 3,883 95,763 28,430 Impairment
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SOURCE Sunrise Senior Living, Inc.
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1. Sunrise to Host Conference Call and Webcast to Discuss Fourth-Quarter and Full-Year 2008 Financial Results
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6. Sunrise to Host Conference Call and Webcast to Discuss the Companys Financial Results for the Third Quarter 2008
7. Sunrise Senior Living Appoints Glyn Aeppel and David Fuente to its Board
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