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Concord Medical Reports Fourth Quarter and Full Year 2012 Financial Results
Date:3/20/2013

,086)(75,456)Total Concord Medical Services Holdings Limited shareholders' equity1,934,5012,030,554325,924Non-controlling interests

103,596311,24249,958Total equity2,038,0972,341,796375,882Total liabilities and equity 2,393,4473,615,180580,276(*) Amounts for the year ended December 31, 2011 were derived from the December 31, 2011 audited consolidated financial statements. 

 Concord Medical Services Holdings Limited Consolidated Statements of Income(in thousands, except per  ADS data)For The Three Months EndedFor The Twelve Months EndedDecember 31, 2011 (*)December 31, 2012December 31, 2011 (*)December 31, 2012RMBRMBUS$RMBRMBUS$Revenues, net of business tax, value-added tax and related surcharges(Unaudited)(Unaudited)(Unaudited)(Unaudited)Network114,149117,14518,803450,125474,74776,202Hospital

-105,58716,948-197,30931,670Total net revenues114,149222,73235,751450,125672,056107,872Cost of revenuesNetwork

(44,775)(37,997)(6,099)(159,416)(169,415)(27,193)Hospital

-(91,649)(14,711)-(168,743)(27,085)Total cost of revenues(44,775)(129,646)(20,810)(159,416)(338,158)(54,278)Gross profit69,37493,08614,941290,709333,89853,594Operating expensesSelling expenses

(13,836)(17,760)(2,851)(37,453)(53,911)(8,653)General and administrative expenses

(30,698)(14,788)(3,261)(80,628)(71,698)(11,508)Asset impairment

(333,934)(3,360)(3,261)(333,934)(3,360)(539)Other operating income

----1,433230Operating income/(loss)(309,094)57,1785,568(161,306)206,36233,124Interest expenses

(2,002)(5,323)(854)(6,454)(16,236)(2,606)Foreign exchange loss,net

(1,017)(482)(77)(10,975)(158)(25)Gain from/ (loss) on disposal of property, plant and equipment

-39363-(1,072)(172)Interest income

8,0301,78228613,3575,895945Other income

8642,7524423462,894466Income/(loss) before income taxes(303,219)56,3005,428(165,032)
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SOURCE Concord Medical Services Holdings Limited
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