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WebMD Announces Fourth Quarter Financial Results
Date:2/19/2009

2,955 ------ ------ $754,322 $718,864 ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accrued expenses $31,354 $26,498 Deferred revenue 80,489 76,401 Due to HLTH 427 - --- ------- Total current liabilities 112,270 102,899 Other long-term liabilities 8,334 9,210 Stockholders' equity 633,718 606,755 ------- ------- $754,322 $718,864 ======== ======== WEBMD HEALTH CORP. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands, unaudited) Years Ended December 31, ------------ 2008 2007 ---- ---- Cash flows from operating activities: Net income $26,702 $65,884 Adjustments to reconcile net income to net cash provided by operating activities: Loss (income) from discontinued operations, net of tax 135 (3,442) Depreciation and amortization 28,291 27,233 Non-cash advertising 5,097 5,264 Non-cash stock-based compensation 13,472 19,391
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