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Mindray Announces Second Quarter 2011 Financial Results

Accounts receivable, net


79,185104,035Value added tax receivables

18,56226,745Other receivables

9,95313,860Prepayments and deposits

7,5969,720Deferred tax assets

2,4813,234Total current assets

694,600785,435Other assets

4,5526,407Advances for purchase of plant and equipment

15,7759,553Property, plant and equipment, net

207,636219,829Land use rights, net

46,07949,412Intangible assets, net


115,672121,132Total assets

1,150,5611,264,207LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Notes payable

5,7737,589Accounts payable

44,32256,236Advances from customers

13,20913,539Salaries payables

26,77023,265Other payables

66,61559,098Income taxes payable

13,58211,978Other taxes payable

4,2864,063Total current liabilities

174,557175,768Long-term bank loan

-34,958Other long-term payables

1,1331,722Deferred tax liabilities, net

8,26810,2069,40146,886Shareholders' equity:Ordinary shares

1515Additional paid-in capital

466,613477,099Retained earnings

434,143482,140Accumulated other comprehensive income

65,83080,809Total shareholders' equity

966,6011,040,063Non-controlling interest

21,490Total equity

966,6031,041,553Total liabilities and shareholders' equity

1,150,5611,264,207(1) Financial information is extracted from the audited financial statements included in the Company fiscal 2010 20F.Exhibit 2MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(Dollars in thousands, except for share and per share data)   Three months ended June 30,   Six months ended June 30, 2010 2011 2010 2011 US$ US$ US$ US$ (unaudited)

SOURCE Mindray Medical International Limited
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