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Warner Chilcott Reports Operating Results for the Quarter Ended March 31, 2009 and Updates 2009 Full Year Guidance
Date:5/11/2009
hanges in assets and liabilities: Decrease / (increase) in accounts receivable, prepaid and other assets 3,882 (8,614) (Increase) in inventories (3,702) (6,706) (Decrease) in accounts payable, accrued expenses & other current liabilities (1,517) (13,832) (Decrease) in income taxes and other, net (1,857) (66,095) Net cash provided by / (used in) operating activities $105,359 $(2,682) CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of intangible assets (2,900) (2,900) Capital expenditures (6,548) (6,945) Net cash (used in) investing activities $(9,448) $(9,845) CASH FLOWS FROM FINANCING ACTIVITIES: Term repayments under bank senior secured credit facility (101,494) (2,071) Other (15) 61 Net cash (used in) financing activities $(101,509) $(2,010) Net (decrease) in cash and cash equivalents $(5,598) $(14,537) Cash and cash equivalents, beginning of period 35,906 30,776 Cash and cash equivalents, end of period $30,308 $16,239 WARNER CHILCOTT LIMITED Reconciliation of Net Income to Adjusted EBITDA (In thousands of U.S. dollars) (Unaudited) Quarter Ended Mar-31-09 Mar-31-08 RECONC
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