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Chindex International, Inc. Reports First Quarter 2011 Financial Results
Date:5/9/2011

f debt discount

63

62Non-cash charge for change in fair value of warrants

-

(224)Changes in operating assets and liabilities:Restricted cash

-

(340)Accounts receivable

264

6,476Accounts receivable from affiliates

8,060

-Inventories

(3)

(1,188)Other current assets and other assets

1,070

431Accounts payable, accrued expenses, other current liabilities and deferred revenue

5,001

(131)Accounts payable to affiliates

1,181

-Income taxes payable

(278)

(721)Net cash provided by operating activities

16,723

8,824INVESTING ACTIVITIESPurchases of short-term investments and CDs

(20,265)

-Proceeds from redemption of CDs

21,987

20,800Purchases of property and equipment

(8,064)

(3,243)Net cash (used in) provided by investing activities

(6,342)

17,557FINANCING ACTIVITIESProceeds from debt, vendor financing and convertible debentures

-

(83)Repayment of debt, sinking fund deposits and vendor financing

-

(212)Repurchase of restricted stock for income tax withholding

-

(1)Proceeds from exercise of stock options and warrants

114

90Net cash provided by (used in) financing activities

114

(206)Effect of foreign exchange rate changes on cash and cash equivalents

98

719Net increase in cash and cash equivalents

10,593

26,894Cash and cash equivalents at beginning of period

32,007

20,293Cash and cash equivalents at end of period

$
42,600

$
47,187Supplemental disclosures of cash flow information:Cash paid for interest

$
-

$
41Cash paid for taxes

$
,418

$
4,770Non-cash investing and financing activities consist of the following:Property and equipment additions included in accounts payable

$
5,921

$
532C
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SOURCE Chindex International, Inc.
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