Attached files
| file | filename |
|---|---|
| 8-K - 8-K - VANGUARD HEALTH SYSTEMS INC | a8-k093012.htm |
| EX-99.1 - EXHIBIT 99.1 - VANGUARD HEALTH SYSTEMS INC | exhibit991093012.htm |
| EX-99.3 - EXHIBIT 99.3 - VANGUARD HEALTH SYSTEMS INC | exhibit993093012.htm |
EXHIBIT 99.2
VANGUARD HEALTH SYSTEMS, INC.
Supplementary Financial Information
Adjusted EBITDA Margin
Presentation of Most Directly Comparable GAAP Financial Measure (Net Income (Loss) Attributable to Vanguard
Health Systems, Inc. Stockholders Margin) and Reconciliation of Adjusted EBITDA Margin to Net Income (Loss) Attributable to Vanguard Health Systems, Inc. Stockholders Margin
($ presented in millions, unaudited) | Quarter ended | ||||||
September 30, | |||||||
2011 | 2012 | ||||||
Adjusted EBITDA | $ | 118.7 | $ | 133.2 | |||
Total revenues | 1,436.3 | 1,470.7 | |||||
Adjusted EBITDA Margin | 8.3 | % | 9.1 | % | |||
Adjusted EBITDA | $ | 118.7 | $ | 133.2 | |||
Interest, net | (45.8 | ) | (50.8 | ) | |||
Income tax benefit (expense) | 15.2 | (4.9 | ) | ||||
Depreciation and amortization | (62.6 | ) | (65.6 | ) | |||
Non-controlling interests | 2.3 | (1.0 | ) | ||||
Gain on disposal of assets | 1.2 | 0.9 | |||||
Equity method income | 0.1 | 0.6 | |||||
Stock compensation | (0.7 | ) | (2.2 | ) | |||
Realized losses on investments | — | (0.2 | ) | ||||
Acquisition related expenses | (12.2 | ) | — | ||||
Debt extinguishment costs | (38.9 | ) | — | ||||
Impairment and restructuring charges | 0.1 | — | |||||
Pension credits | 1.0 | 3.8 | |||||
Discontinued operations, net of taxes | (0.1 | ) | 0.1 | ||||
Net income (loss) attributable to Vanguard Health Systems, Inc. stockholders | $ | (21.7 | ) | $ | 13.9 | ||
Total revenues | $ | 1,436.3 | $ | 1,470.7 | |||
Net income (loss) attributable to Vanguard Health Systems, Inc. stockholders margin | (1.5 | )% | 0.9 | % | |||