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Team Finance LLC Announces Fiscal 2007 Results

40 560 617

Insurance subsidiary

interest income 537 572 2,867 2,024

Severance and other

charges 1,292 239 3,693 1,164

Adjusted EBITDA* $23,105 $27,299 $152,780 $125,980

* Adjusted EBITDA totals include the effects of professional liability

loss reserve adjustments associated with prior years of $32,089 and

$12,068 for the years ended December 31, 2007 and 2006, respectively.

(a) Reflects management sponsor fees and loss on disposal of assets.

(b) Reflects costs related to the recognition of expense in connection

with the issuance of restricted units under the 2005 unit plan.

Team Finance LLC

Financial Highlights

December 31, December 31,

Balance Sheet Data 2007 2006

(In thousands)

Cash and cash equivalents $30,290 $3,999

Accounts receivable, net 222,603 207,031

Long-term debt, including current portion 631,500 642,550

SOURCE Team Health Inc.
Copyright©2008 PR Newswire.
All rights reserved

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