Exhibit 99.3

MEDCATH CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
(Presenting Sun City Cardiac Center Associates as a Discontinued Operation for Each Period Presented)
(In thousands, except per share data)
(Unaudited)

	Fiscal Year			Fiscal Year
	Ended			Ended
	September 30,			September 30,
	2008			2007
Net revenue	$	591,335		$	636,526
Operating expenses:
Personnel expense		197,850			205,567
Medical supplies expense		161,880			166,641
Bad debt expense		43,671			51,318
Other operating expenses		118,102			127,915
Pre-opening expenses		786			555
Depreciation		30,041			30,950
Amortization		84			154
Loss on disposal of property, equipment and other assets		248			1,447
Total operating expenses		552,662			584,547
Income from operations		38,673			51,979
Other (income) expenses:
Interest expense		14,300			22,055
Loss on early extinguishment of debt		—			9,931
Interest and other income		(2,029	)		(7,792	)
Equity in net earnings of unconsolidated affiliates		(7,891	)		(5,739	)
Total other expenses, net		4,380			18,455
Income from continuing operations before minority interest, income taxes and discontinued operations		34,293			33,524
Minority interest share of earnings of consolidated subsidiaries		12,546			10,462
Income from continuing operations before income taxes and discontinued operations		21,747			23,062
Income tax expense		9,374			10,331
Income from continuing operations		12,373			12,731
Income (loss) from discontinued operations		8,617			(1,204	)
Net income	$	20,990		$	11,527
Earnings per share, basic
Continuing operations	$	0.62		$	0.61
Discontinued operations		0.43			(0.05	)
Earnings per share, basic	$	1.05		$	0.56
Earnings per share, diluted
Continuing operations	$	0.61		$	0.59
Discontinued operations		0.43			(0.05	)
Earnings per share, diluted	$	1.04		$	0.54
Weighted average number of shares, basic		19,996			20,872
Dilutive effect of stock options and restricted stock		73			639
Weighted average number of shares, diluted		20,069			21,511

Exhibit 99.3

MEDCATH CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
(Presenting Sun City Cardiac Center Associates as a Discontinued Operation for Each Period Presented)
(In thousands, except per share data)
(Unaudited)

													Fiscal Year
	Quarter Ended			Quarter Ended			Quarter Ended			Quarter Ended			Ended			Quarter Ended			Quarter Ended			Quarter Ended
	December 31,			March 31,			June 30,			September 30,			September 30,			December 31,			March 31,			June 30,
	2007			2008			2008			2008			2008			2008			2009			2009
Net revenue	$	143,659		$	150,953		$	151,281		$	145,442		$	591,335		$	150,176		$	155,613		$	148,080
Operating expenses:
Personnel expense		49,912			48,681			50,061			49,196			197,850			50,169			51,653			50,424
Medical supplies expense		37,738			40,646			41,661			41,835			161,880			41,642			42,588			43,885
Bad debt expense		11,284			10,331			10,228			11,828			43,671			11,429			10,578			12,538
Other operating expenses		28,646			29,999			28,889			30,568			118,102			31,833			31,965			31,182
Pre-opening expenses		248			245			150			143			786			207			380			754
Depreciation		7,300			7,649			7,469			7,623			30,041			7,801			7,535			7,828
Amortization		8			16			30			30			84			30			91			111
Loss (gain) on disposal of property, equipment and other assets		28			138			225			(143	)		248			73			91			(26	)
Total operating expenses		135,164			137,705			138,713			141,080			552,662			143,184			144,881			146,696
Income from operations		8,495			13,248			12,568			4,362			38,673			6,992			10,732			1,384
Other (income) expenses:
Interest expense		3,932			3,864			3,862			2,642			14,300			2,857			1,338			1,151
Loss (gain) on early extinguishment of debt		—			—			—			—			—			6,961			(259	)		—
Interest and other income		(1,159	)		(486	)		(284	)		(100	)		(2,029	)		(101	)		(73	)		(53	)
Equity in net earnings of unconsolidated affiliates		(2,025	)		(2,181	)		(2,636	)		(1,049	)		(7,891	)		(2,065	)		(2,714	)		(2,265	)
Total other (income) expenses, net		748			1,197			942			1,493			4,380			7,652			(1,708	)		(1,167	)
Income (loss) from continuing operations before minority interest, income taxes and discontinued operations		7,747			12,051			11,626			2,869			34,293			(660	)		12,440			2,551
Minority interest share of earnings of consolidated subsidiaries		3,670			4,122			3,573			1,181			12,546			2,363			4,197			1,896
Income (loss) from continuing operations before income taxes and discontinued operations		4,077			7,929			8,053			1,688			21,747			(3,023	)		8,243			655
Income tax expense (benefit)		2,006			2,659			3,176			1,533			9,374			(1,108	)		3,153			349
Income (loss) from continuing operations		2,071			5,270			4,877			155			12,373			(1,915	)		5,090			306
Income from discontinued operations		993			415			6,895			314			8,617			4,161			492			190
Net income	$	3,064		$	5,685		$	11,772		$	469		$	20,990		$	2,246		$	5,582		$	496
Earnings (loss) per share, basic Continuing operations	$	0.09		$	0.27		$	0.25		$	0.01		$	0.62		$	(0.10	)	$	0.26		$	0.02
Discontinued operations		0.05			0.02			0.35			0.01			0.43			0.21			0.02			0.01
Earnings (loss) per share, basic	$	0.14		$	0.29		$	0.60		$	0.02		$	1.05		$	0.11		$	0.28		$	0.03
Earnings (loss) per share, diluted Continuing operations	$	0.09		$	0.26		$	0.25		$	0.01		$	0.61		$	(0.10	)	$	0.26		$	0.02
Discontinued operations		0.04			0.03			0.35			0.01			0.43			0.21			0.02			0.01
Earnings (loss) per share, diluted	$	0.13		$	0.29		$	0.60		$	0.02		$	1.04		$	0.11		$	0.28		$	0.03
Weighted average number of shares, basic		21,028			19,841			19,524			19,590			19,996			19,733			19,664			19,599
Dilutive effect of stock options and restricted stock		263			121			107			65			73			—			26			—
Weighted average number of shares, diluted		21,291			19,962			19,631			19,655			20,069			19,733			19,690			19,599