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Uroplasty Reports Continued Progress During Second Quarter of Fiscal 2009
Date:10/29/2008

359,598 244,517

Total current assets 11,636,485 13,318,700

Property, plant, and equipment, net 1,546,601 1,638,953

Intangible assets, net 3,778,949 4,200,890

Prepaid pension asset 36,482 26,482

Deferred tax assets 105,961 105,298

Total assets $17,104,478 $19,290,323

Liabilities and Shareholders' Equity

Total current liabilities 1,830,420 2,739,933

Long-term debt - less current maturities - 413,279

Deferred rent - less current portion 164,277 180,979

Accrued pension liability 290,744 353,411

Total liabilities 2,285,441 3,687,602

Total shareholders' equity 14,819,037 15,602,721

Total liabilities and shareholders'

equity $17,104,478 $19,290,323

UROPLASTY, INC. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

Six Months Ended September 30, 2008 and 2007

(Unaudited)

Six Months Ended

September 30,

2008 2007

Cash flows from operating activities:

Net loss $(967,612) $(2,225,327)

Adjustments to reconcile net loss to net

cash used in operating activities:

Depreciation and amortization 566,949 529,766

(Gain) loss on disposal of equipment 4,687 (2,771)
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SOURCE Uroplasty, Inc.
Copyright©2008 PR Newswire.
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