acc 291 week 5 balance sheet income statement
TRANSCRIPT
Patton-Fuller Community Hospital
December 31
Horizontal Analysis of the balance sheet using 2008 base
2009 2008
AssetsCurrent assets $127,867 $130,026 Plant assets 248,346 175,774Intangible assets 211,554 242,736 Total assets $587,767 $548,536
LiabilitiesCurrent liabilities $9,208 $4,195Long-term liabilities 452,153 209,225 Total liabilities 462,153 219,450
Stockholder's Equity Total stockholder's equity 125,564 335,035Total liabilities and 587,767 $548,536 Stockholder's equity
Patton-Fuller Community Hospital
December 31
Horizontal Analysis of the balance sheet using 2008 base
Amount Percent
-2,159 -9.8%75,572 1.4%-31,182 -8.7%$39,231 1.1%
$5,013 2.2%242,898 2.2%248,703 2.2%
($209,471) -3.7%$39,231 1.1%
Vertical Analysis of the balance sheet form for 2009
2009Amount
AssetsCurrent assets $127,867 Plant assets 248,346Intangible assets 211,554 Total assets 587,767
LiabilitiesCurrent liabilities $9,208 Long-term liabilities 452,153 Total liabilities 462,153
Stockholder's EquityStockholder's equity 125,567Total liabilities and $587,767Stockholder's equity
Vertical Analysis of the balance sheet form for 2009
Percent
21.8%42.3%35.9%
100.0%
1.7%76.9%78.5%
21.4%100.0%
Patton-Fuller Community HospitalIncome Statement December 31
2009 2008RevenuesPatient revenue $459,900 $418,509Other revenue 3,082 2,805 Total revenues $462,982 $421,314
ExpensesBenefits and salaries $220,752 $214,129Professional and physican fees 110,376 107,065Supplies 74,584 71,346Utilities 1,200 1,164Other 1,840 1,784Amortization and depreciation 36,036 24,995Interest 3,708 3,597Provision for doubtful accounts 14,797 13,383 Total expenses $463,293 $437,424Operating income -$311 -$16,110Non-operating income(loss) -$62 $264Net income -$373 -$15,856
Patton-Fuller Community HospitalIncome Statement December 31
Amount Percent
$41,391 9.9%277 9.9%
$41,668 9.9%
$6,623 3.1%3,311 3.1%3,238 4.5%
36 3.1%56 3.1%
11,081 44.0%111 3.1%
1,414 10.6%$25,869 59.2%
-$15,799 98.1%$202 76.5%
-$15,473 96.6%