Financial Plan Development PowerPoint Presentation with Speaker Notes

C:\Documents and Settings\mkriorda\My Documents\Web Development\CIST Server\CIST\VOP Development\Healthcare\PFCH\HosDepts\CFO\2009 Financial Statements\2009-2008BalanceSheetUnaudited.xls

2009 2008

Assets Currrent Assets

Cash and Cash Equivialents $22,995 $41,851 Assets of Limited Use $27,594 $41,851 Patient Accounts Receivable $59,787 $37,666 (net of Allowance for Bad Debts 2009: $10,757 / 2008: $6,777) Other Receivables (3rd party payer $0 $87 settlements) Inventories $18,396 $8,370 Prepaid Expenses $95 $201 Total Current Assets $128,867 $130,026

Other Assets Funded Depreciation $137,970 $167,404 Held under Bond Indenture $73,584 $75,332 Property, Plant and Equipment, net $248,346 $175,774 Total Assets $588,767 $548,535

Liabilities and Equity Current Liabilities

Current portion of long-term debt $14,599 $4,185 Accounts payable, accrued expenses $9,198 $4,185 Bond interest payable $10 $10 Total Current Liabilities $23,807 $8,380

Other Liabilities Long term debt $452,945 $209,255 less: current portion of long term debt $14,599 $4,185 Net long term debt $438,346 $205,069 Total Liabilities $462,153 $213,450

Equity Common Stock, $ 0.01 par value 10,000,000 shares authorized 5,000,000 shares outstanding

$50 $50

Additional Paid-in Capital Retained Earnings (or "Net Worth" or "Unrestricted Fund Balance") $126,564 $335,035

Total Liabilities and Equity $588,767 $548,535

Note: Maximum Annual Debt Service Bond interest payable $10 $10 Current portion of long term debt $14,599 $4,185 Maximum Annual Debt Service $14,609 $4,195

Patton - Fuller Community Hospital Balance Sheet 2009 to 2008

(In thousands) (Unaudited)