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Mindray Announces Third Quarter 2011 Financial Results
Date:11/7/2011

88-8023
Email: cathy.gao@mindray.com

Exhibit 1MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in thousands)As of December 31, 2010As of September 30, 2011US$ US$ (Note 1) (unaudited) ASSETSCurrent assets:Cash and cash equivalents

137,502124,785Short-term investments

296,003407,381Accounts receivable, net

143,318181,939Inventories

79,185113,531Value added tax receivables

18,56225,345Other receivables

9,95313,571Prepayments and deposits

7,59610,139Deferred tax assets

2,4813,215Total current assets

694,600879,906Other assets

4,5526,740Advances for purchase of plant and equipment

15,7759,050Property, plant and equipment, net

207,636225,288Land use rights, net

46,07954,689Intangible assets, net

66,24778,960Goodwill

115,672125,494Total assets

1,150,5611,380,127LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Short-term bank loans

-50,469Notes payable

5,7737,834Accounts payable

44,32253,815Advances from customers

13,20915,099Salaries payable

26,77024,234Other payables

66,61569,088Income taxes payable

13,58213,352Other taxes payable

4,2864,361Total current liabilities

174,557238,252Long-term bank loan

-34,945Other long-term payables

1,1332,366Deferred tax liabilities, net

8,26811,5669,40148,877Shareholders' equity:Ordinary shares

1515Additional paid-in capital

466,613481,372Retained earnings

434,143519,387Accumulated other comprehensive income

65,83089,724Total shareholders' equity

966,6011,090,498Non-controlling interest

22,500Total equity

966,6031,092,998Total liabilities and shareholders' equity

1,150,5611,380,127(1) Financial information is extracted from the audited financial statements included in the Company fiscal 2010
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SOURCE Mindray Medical International Limited
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