MEDICLIN AG — Earnings Release 2007

Feb 25, 2008

News Details

Corporate | 25 February 2008 17:33

MediClin AG:Preliminary figures for FY 2007 – MediClin has further improvend its profitability in financial year 2007

MediClin AG / Preliminary Results

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Frankfurt, 25.02.2008 – The MEDICLIN Aktiengesellschaft (MediClin) has
increased its Group revenues by 14.2 million EUR oder 3.8% to 392.0 million
EUR in financial year 2007. The preliminary consolidated operating result
amounts 18.9 million EUR about 2.2 million EUR or 12.8% above previous
year’s figure despite risen costs in nearly all areas. Additionally the
acute sector had to cope with a budget cut of 0.5% and lower compensation
for diminished proceeds. The result attributable to shareholders accounts
for 5.7 Mio. EUR and is below the previous year’s figure of 9.5 million EUR
due to the reduction of the corporate tax rate, causing a one-off non-cash
effective tax burden of 4.1 million EUR.
Considerably increased number of cases in the post-acute segment led to an
increase in revenues of 11.0 million EUR or 5.1%. So that the preliminary
result of segment could improve to plus 3.2 million EUR. The occupancy rate
in this segment was 84.8% in 2007 (2006: 77.9%). In the segments acute and
nursing care revenues increased also; the acute segment could achieve a
preliminary result of 16.1 million EUR but could not achieve the previous
year’s favourable figure of 18.6 million EUR due to higher expenses.

Despite increased costs definite more investments
Material expenses increased 5.1% to 84.4 million EUR (2006: 80.3 million
EUR in 2007. Personnel expenses increased also to 217.6 million EUR (2006:
212.5 million EUR). The number of staff accounted in full-time employees
was 5,277 (2006: 5.252 full-time employees) on average in 2007. Other
operating expenses were reduced to 68.6 million EUR (2006: 69.4 million
EUR). Investments (gross additions to property, plant and equipment)
increased definitely in 2007 compared to the previous year. It accounted
for 27.6 million EUR (2006: 17.6 million EUR). The cash flow from operating
activities was 11.3 million EUR (2006: 7.8 million EUR).

Number of nursing days and number of cases increased
The number of nursing days increased in 2007 Group-wide by 4.5% to
2.268.797 nursing days (2006: 2,172,126 nursing days). The number of rose
by 3.7% up to 108.994 cases (2006: 105,058 cases). In the nursing care
segment no case numbers are defined

Integration of Kraichgau-Group
In January 2008 MediClin AG has acquired the majority of shares (76%) of
Kraichgau-Klinik AG including the associated facilities in
Baden-Württemberg und Hessen.

The final financial statements for 2007 will be published on March 7, 2008
and will be available at www.mediclin.de. The balance press conference and
the analyst conference will take place on March 17, 2008 in Frankfurt. As
from that date the Annual Report 2007 will be available in a printed
version.

About MediClin AG (Ticker: MED; WKN: 659 510)
MediClin AG is a nation-wide clinic operator and large provider of services
in the area of Psycho- and Neurosciences as well as Orthopaedic. With 29
clinics and 8 nursing care facilities and 3 Medizinische Versorgungszentren
(medical care units) in 11 federal states MediClin has a total capacity of
approximately 7,400 beds. MediClin’s facilities include acute care clinics,
i.e., general hospitals, special treatment facilities, specialised
hospitals and clinics for post-acute treatment and medical rehabilitation.
MediClin has approximately 6,900 employees.
25.02.2008 Financial News transmitted by DGAP

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Language: English
Issuer: MediClin AG
c/o MediClin Geschäftsführungs-GmbH Okenstraße 27
77652 Offenburg
Deutschland
Phone: +49 (0)69 25 60 02-0
Fax: +49 (0)69 25 60 02-69
E-mail: ute.brauer@mediclin.de
Internet: www.mediclin.de
ISIN: DE0006595101
WKN: 659510
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Stuttgart

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