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

60;months endedDecember 31, 2011December 31, 2012December 31, 2011December 31, 2012Net income/(loss)(310,008)33,611(211,352)136,369Interest expenses, net(6,028)3,541(6,903)10,341Income tax expenses

6,79022,68946,32061,316Depreciation and amortization

32,20044,628121,049157,200Share-based compensation

2,3832,2579,2349,089Bad debt provision

15,377-15,497-Other impairment loss

33,7713,36033,7713,360Goodwill impairment loss

300,163-300,163-Other adjustments

153(2,663)10,629(1,664)Adjusted EBITDA74,801107,423318,408376,011(*) Definition of adjusted EBITDA: Adjusted EBITDA is defined as net income plus interest, taxes, depreciation and amortization, share-based compensation expenses, bad debt provision, fixed asset impairment, goodwill impairment and other adjustments. Other adjustments include foreign exchange loss, gain/(loss) from disposed of PPE and other income or expense.  


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SOURCE Concord Medical Services Holdings Limited
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