Warner Chilcott Reports Operating Results for the Quarter Ended September 30, 2008 and Updates 2008 Full Yea...( Other non-current assets ...),Health

TOTAL ASSETS $2,756,158 $2,884,974

LIABILITIES

Current liabilities:

Accounts payable $6,740 $17,883

Accrued expenses & other

current liabilities 137,019 196,362

Current portion of long-term debt 6,609 8,284

Total current liabilities 150,368 222,529

Other liabilities:

Long-term debt,

excluding current portion 1,027,600 1,191,955

Other non-current liabilities 108,720 116,070

Total liabilities 1,286,688 1,530,554

SHAREHOLDERS' EQUITY 1,469,470 1,354,420

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $2,756,158 $2,884,974

WARNER CHILCOTT LIMITED

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW

(in thousands of U.S. dollars)

(Unaudited)

Quarter Ended Nine Months Ended

Sept-30-08 Sept-30-07 Sept-30-08 Sept-30-07

CASH FLOWS FROM

OPERATING ACTIVITIES:

Net income $40,089 $5,793 $107,315 $9,188

Adjustments to reconcile

net income to net

cash provided by

operating activities:

Depreciation 2,891 2,648 8,940 7,358

Amortization of

intangible assets 59,080 57,054 164,830 172,161

Amortization of

debt finance costs 2,794 2,866 7,029 10,533

Stock compensation expense 2,115 1,659 6,120 5,030

Changes in assets and liabilities:

(Incre
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