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Universal Health Services, Inc. Reports Significant Increases in 2008 Fourth Quarter and Full Year Earnings from Continuing Operations Per Diluted Share and Reports 2009 Guidance
Date:2/26/2009

9 $164,433 $3.07 ======== ===== ======== ===== Calculation of Adjusted Net Income ----------------------- Net income $199,377 $3.93 $170,387 $3.18 After-tax adjustments to income from continuing operations, as indicated above 4,393 0.09 (6,209) (0.11) After-tax gain on divestiture (8,287) (0.17) - - ------ ----- --- --- Adjusted net income $195,483 $3.85 $164,178 $3.07 ======== ===== ======== ===== Universal Health Services, Inc. ------------------------------- Condensed Consolidated Balance Sheets ------------------------------------- (in thousands) December 31, December 31, 2008 2007 ---- ---- Assets: Cash and cash equivalents $5,460 $16,354 Accounts receivable, net 625,437 627,186 Other current assets 136,940 131,307 Current assets held for sale 21,580 - Property, plant and equipment, net 2,100,292 1,933,916 Other assets 852,753 899,894 ------- ------- Total Assets $3,742,462 $3,608,657 ========== ========== Liabilities and Stockholders' Equity: Current portion of long-term debt $8,708 $3,11
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