Universal Health Services, Inc. Reports Significant Increases In 2009 Second Quarter and Six-Month Earnings, Raises Full Yea...(Accrued and deferred income taxes ...),Health

Date:7/28/2009

Accrued and deferred income taxes 7,934 3,288 Other working capital accounts (1,499) 18,331 Other assets and deferred charges 3,844 15,821 Other 3,327 5,410 Minority interest in earnings of consolidated entities, net of distributions 23,320 13,307 Accrued insurance expense, net of commercial premiums paid 13,323 38,743 Payments made in settlement of self-insurance claims (29,823) (25,648) ------- ------- Net cash provided by operating activities 296,580 198,466 ------- ------- Cash Flows from Investing Activities: Property and equipment additions, net of disposals (183,248) (156,062) Acquisition of property and business (9,006) - Proceeds received from sale of assets - 2,235 Settlement proceeds received related to prior year acquisitions, net of expenses - 1,539 Investment in joint-venture - (2,095) - ------ Net cash used in investing activities (192,254) (154,383) -------- -------- Cash Flows from Financing Activities: Reduction of long-term debt (77,356) (109,727) Additional borrowings 170 150,155 Repurchase of common shares (15,437) (89,816) Dividends paid
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SOURCE Universal Health Services, Inc. Copyright©2009 PR Newswire. All rights reserved

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