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Mindray Announces 2010 Fourth Quarter and Full Year Results
Date:2/28/2011

3,7348,26871,0769,401Shareholders' equity:Ordinary shares

1415Additional paid-in capital

298,408466,613Retained earnings

301,476434,143Accumulated other comprehensive income

40,65165,830Total shareholders' equity

640,549966,601Non- controlling interest

22Total equity

640,551966,603Total liabilities and shareholders' equity

966,2651,150,561(1) Restricted as the security package required for the bank loans as of December 31, 2009. Use of such funds are permitted provided that the proportionate amount of debt must be retired concurrently. As of December 31, 2010, the bank loans were fully repaid. (2) Financial Information is extracted from the audited financial statements included in the Company fiscal 2009 20F.Exhibit 2MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Dollars in thousands, except for share and per share data)Three months ended December
31,Year ended December
31,2009201020092010US$ US$ US$ US$ (unaudited) (unaudited) (Note 2)(unaudited)Net revenues-PRC87,48489,829292,607293,435- International 101,346121,146341,576410,874Net revenues188,830210,975634,183704,309Cost of revenues (note 3)(86,783)(95,674)(280,319)(303,334)Gross profit102,047115,301353,864400,975Selling expenses (note 3)(33,138)(41,894)(106,142)(122,960)General and administrative expenses (note 3)(15,988)(18,329)(47,512)(61,193)Research and development expenses (note 3)(14,747)(16,763)(58,383)(60,316)Realignment costs — post acquisition(185)(919)(1,215)(919)Operating income37,98937,396140,612155,587Other income, net6,4548,69825,5258,835Interest income1,8572,9056,57411,575Interest expense(878)(437)(4,759)(2,900)Income before income taxes and non-controlling interests45,42
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SOURCE Mindray Medical International Limited
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