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MedCath Corporation Reports Fourth Quarter Earnings
Date:11/11/2009

labs during the period. (l) Inpatient surgical procedures represent the number of surgical procedures performed on inpatients during the period. MEDCATH CORPORATION SUPPLEMENTAL FINANCIAL DISCLOSURE - RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES (Unaudited) The following table reconciles MedCath's income from continuing operations as derived directly from MedCath's consolidated financial statements to Adjusted EBITDA for the three and twelve months ended September 30, 2009 and 2008. Twelve Months Three Months Ended Ended September September 30, 30, ------------------ ---------------- 2009 2008 2009 2008 ---- ---- ---- ---- (in thousands) (in thousands) (Loss) income from continuing operations $(61,900) $155 $(58,418) $12,373 Add: Income tax (benefit) expense (1,193) 1,533 1,200 9,374 Minority interest share of earnings of consolidated subsidiaries 872 1,181 9,328 12,546 Equity in net earnings of unconsolidated affiliates (2,013) (1,049) (9,057) (7,891) Interest and other income (12) (100) (237) (2,029) Loss on early extinguishment of debt - - 6,702 - Interest expense 1,452 2,642 6,798 14,300 Impairment of goodwill 60,174 - 60,174 - Loss (gain) on disposal of property, equipment and other
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