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Mindray Announces 2011 Fourth Quarter and Full Year Results
Date:2/27/2012

tion network a broad range of products across three primary business segments, namely patient monitoring and life support, in-vitro diagnostic, and medical imaging systems. For more information, please visit http://ir.mindray.com.

For investor and media inquiries, please contact:
In the U.S:

Hoki Luk
Western Bridge, LLC
Tel:  +1-646-808-9150
Email: hoki.luk@westernbridgegroup.com
In China:
Cathy Gao
Mindray Medical International Limited
Tel: +86-755-8188-8023
Email: cathy.gao@mindray.com

Exhibit 1 MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in thousands)As of December 31, 2010As of December 31, 2011US$ US$ (Note 1) (unaudited) ASSETSCurrent assets:Cash and cash equivalents

137,502124,311Short-term investments

296,003479,173Accounts receivable, net

143,318200,437Inventories

79,18594,690Value added tax receivables

18,56210,833Other receivables

9,95316,590Prepayments and deposits

7,5969,792Deferred tax assets

2,4813,483Total current assets

694,600939,309Other assets

4,5527,330Advances for purchase of plant and equipment

15,7756,239Property, plant and equipment, net

207,636237,952Land use rights, net

46,07955,272Intangible assets, net

66,24784,029Goodwill

115,672128,840Total assets

1,150,5611,458,971LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Short-term bank loans

-50,475Notes payable

5,7737,013Accounts payable

44,32248,501Advances from customers

13,20920,700Salaries payable

26,77038,784Other payables

66,61567,499Income taxes payable

13,58216,847Other taxes payable

4,2867,412Total current liabilities

174,557257,231Long-term bank
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SOURCE Mindray Medical International Limited
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