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China Medical Technologies Reports Third Fiscal Quarter Financial Results
Date:2/18/2011

dated statements of income for the nine months ended December 31, 2009 retrospectively in accordance with GAAP.China Medical Technologies, Inc.Unaudited Condensed Consolidated Statements of Cash FlowsFor the Three Months EndedDecember 31, 2009December 31, 2010RMBRMBUS$(in thousands)Net cash provided by operating activities

80,362

49,687

7,528Net cash provided by (used in) investing activities

(354,927)

77,913

11,805Net cash provided by (used in) financing activities

(132,476)

190,458

28,858Effect of foreign currency exchange rate change on cash232

(4,575)

(693)Net increase (decrease) in cash and cash equivalents

(406,809)

313,483

47,498Cash and cash equivalents:   At beginning of period

1,236,696

805,901

122,106   At end of period

829,887

1,119,384

169,604For the Nine Months EndedDecember 31, 2009December 31, 2010RMBRMBUS$(in thousands)Net cash provided by operating activities

220,119

186,837

28,309Net cash provided by (used in) investing activities

(714,913)

75,380

11,421Net cash provided by (used in) financing activities

(131,465)

45,921

6,958Effect of foreign currency exchange rate change on cash(264)

(4,207)

(637)Net increase (decrease) in cash and cash equivalents

(626,523)

303,931

46,051Cash and cash equivalents:   At beginning of period

1,456,410

815,453

123,553   At end of period

829,887

1,119,384

169,604China Medical Technologies, Inc.EBITDA and Adjusted EBITDA MeasuresFor the Three Months EndedDecember 31, 2009December 31, 2010RMBRMBUS$As adjusted (1)(in thousands)Net income (loss)

(24,745)

35,782

5,421Adjustments:Interest income

(4,332)

(5,387)

(816)Interest expense – convertible notes


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SOURCE China Medical Technologies, Inc.
Copyright©2010 PR Newswire.
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