HMA: Income Statement for HLTH MGMT ASSOC A

PERIOD ENDING		30-Jun-09	31-Mar-09	31-Dec-08	30-Sep-08
Total Revenue		1,155,453	1,188,023	1,111,826	1,081,914
Cost of Revenue		448,115	464,213	612,984	903,523

Gross Profit		707,338	723,810	498,842	178,391

	Operating Expenses
	Research Development	-	-	-	-
	Selling General and Administrative	393,130	396,434	221,868	(87,731)
	Non Recurring	285,488	-	130,229	378,001
	Others	(83,422)	204,899	60,455	(193,976)

	Total Operating Expenses	-	-	-	-


Operating Income or Loss		112,142	122,477	86,290	82,097

	Income from Continuing Operations
	Total Other Income/Expenses Net	2,058	16,677	27,168	(7,845)
	Earnings Before Interest And Taxes	114,200	139,154	108,204	69,683
	Interest Expense	54,282	55,011	61,663	56,226
	Income Before Tax	59,918	84,143	46,541	13,457
	Income Tax Expense	20,620	30,066	17,498	2,729
	Minority Interest	(13,258)	-	(5,254)	(4,569)

	Net Income From Continuing Ops	26,040	54,077	29,043	10,728

	Non-recurring Events
	Discontinued Operations	-	(1,508)	(14,494)	(4,325)
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-


Net Income		26,040	52,569	14,549	6,403
Preferred Stock And Other Adjustments		6,553	(6,553)	-	-

Net Income Applicable To Common Shares		$32,593	$46,016	$14,549	$6,403

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