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Mindray Announces Third Quarter 2013 Financial Results

>For investor and media inquiries, please contact:

In China:
Cathy Gao
Mindray Medical International Limited
Tel: +86-755-8188-8023

In the U.S:
Hoki Luk
Western Bridge, LLC
Tel: +1-646-808-9150

 Exhibit 1MINDRAY MEDICAL INTERNATIONAL LIMITEDCONDENSED CONSOLIDATED BALANCE SHEETS(Dollars in thousands)As of December 31, 2012As of September 30, 2013 US$  US$  (Note 1)  (unaudited) ASSETSCurrent assets:Cash and cash equivalents

247,859200,018Restricted cash and restricted investment (Note 2)

21,528568Short-term investments 

615,003825,802Accounts receivable, net


110,099143,733Value added tax receivables

7,42724,460Other receivables

15,70435,267Prepayments and deposits

11,08117,311Deferred tax assets,net

6,4438,290Total current assets

1,220,8451,434,739Restricted cash, non-current (Note 2)

-18,000Other assets

10,81111,799Accounts receivables, net, non-current

2,1721,566Advances for purchase of plant and equipment

3,0097,829Property, plant and equipment, net

268,010299,790Land use rights, net 

56,92159,307Intangible assets, net


163,016242,540Total assets

1,857,1182,257,610LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities:Short-term bank loans

85,100100,049Notes payable

8,6979,424Accounts payable

53,24477,847Advances from customers

17,55026,107Salaries payable

69,91970,823Other payables

108,528108,690Purchase consideration payable

20,35424,800Income taxes payable

30,30539,226Other taxes payable


SOURCE Mindray Medical International Limited
Copyright©2012 PR Newswire.
All rights reserved

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