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Unilife Corporation Announces Financial Results For Fiscal Year 2014 First Quarter
Date:11/11/2013

per share are non-GAAP measures.  Adjusted net income (loss) represents net income (loss) calculated in accordance with U.S. GAAP as adjusted for the impact of share-based compensation expense, depreciation and amortization and interest expense.

Management believes the presentation of adjusted net income (loss) and adjusted net income (loss) per share provides useful information because these measures enhance its own evaluation, as well as investor's understanding, of the Company's core operating and financial results.  Non-GAAP financial measures should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, GAAP results.  A reconciliation of net income (loss) to adjusted net income (loss) is included in the attached table.

General: UNIS-G Investor Contacts (US):
Analyst EnquiriesInvestor Contacts (Australia)Todd Fromer / Garth RussellLynn PieperJeff Carter  KCSA Strategic CommunicationsWestwicke PartnersUnilife CorporationP: + 1 212-682-63P: + 1 415-202-5678P: + 61 2 8346 6500 UNILIFE CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (unaudited) September 30, 2013June 30, 2013(in thousands, except share data)AssetsCurrent Assets:Cash and cash equivalents$
7,416$
5,736Restricted cash1,9662,400Accounts receivable

5,059654Inventories

7271Prepaid expenses and other current assets284409Total current assets14,7979,270Property, plant and equipment, net45,72446,106Goodwill11,71211,498Intangible assets, net2323Other assets1,1621,504Total assets$
73,418$
8,401Liabilities and Stockholders' EquityCurrent Liabilities:Accounts payable$
,909$
3,428Accrued expenses3,7202,444Current portion of long-term debt2,7193,826Deferred revenue1153,010Total current liabilities8,46312,708Long-term debt, less current portion19,75220,045Deferred revenue

5,05050Total liabilities

33,26532,803Stockholders'
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SOURCE Unilife Corporation
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