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Mindray Announces First Quarter 2013 Financial Results
Date:5/6/2013

OLDERS' EQUITYCurrent liabilities:Short-term bank loans

85,100134,989Notes payable

8,6978,621Accounts payable

53,24463,171Advances from customers

17,55020,793Salaries payable

69,91938,989Other payables

108,528103,260Purchase consideration payable

20,35421,574Income taxes payable

30,30524,556Other taxes payable

8,8948,181Total current liabilities

402,591424,134Long-term bank loan

50,03959,934Other long-term liabilities

4,0043,958Deferred tax liabilities, net

23,36923,757Total liabilities

480,003511,783Shareholders' equity:Ordinary shares

1515Additional paid-in capital

514,280525,747Retained earnings

699,992698,346Accumulated other comprehensive income

116,556109,918Total shareholders' equity

1,330,8431,334,026Non-controlling interests

46,27248,801Total equity

1,377,1151,382,827Total liabilities and equity

1,857,1181,894,610(1) Financial information is extracted from the audited financial statements included in the Company's 2012 annual report on Form 20-F. (2) Restricted cash and restricted investment are those purchase consideration in connection with our acquisition being held on escrow accounts. 

 Exhibit 2MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Dollars in thousands, except for share and per share data)Three months ended Mar 31,20122013US$ US$ (unaudited) (unaudited) Net revenues-PRC91,840111,332- International 127,177130,771Net revenues219,017242,103Cost of revenues (98,692)(103,038)Gross profit120,325139,065Selling expenses (39,729)(47,157)General and administrative expenses (19,614)(26,584)Research and development expenses (24,277)(26,328)Income from operations36,70538,996Other income, net58578Interest income8,4387,687Interest expense(691)(972)Income before income taxes and non-cont
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SOURCE Mindray Medical International Limited
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