|
Patton - Fuller Community Hospital
Statement of Cash Flows
2009 - 2008
(As of December 31)
(In Thousands)
(Audited)
|
|
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2009
|
2008
|
|
Cash Flows From Operating Activities
|
|
|
|
Net Income (Loss)
|
($373)
|
($15,846)
|
|
Adjustments
|
|
|
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Depreciation expense (non-cash)
|
36,036
|
28,118
|
|
Decrease in Assets of Limited Use
|
14,257
|
5
|
|
Increase in Patient Accounts Receivable
|
(21,121)
|
(801)
|
|
Decrease in Other Receivables
|
87
|
-
|
|
Increase in Inventory
|
(10,026)
|
(51)
|
|
Decrease in Prepaid Expenses
|
106
|
3
|
|
Increase in Accounts payable, accrued expenses
|
5,013
|
11
|
|
Net Cash Flow from Operations
|
$23,979
|
$11,439
|
|
|
|
Cash Flows from Investing Activities
|
|
|
|
Decrease (Increase) in Funded Depreciation
|
$29,434
|
$4,431
|
|
Held under Bond Indenture
|
$1,748
|
-
|
|
Investment in Property, Plant and Equipment
|
(72,572)
|
(2)
|
|
Net Cash Flows from Investing Activities
|
($41,390)
|
$4,429
|
|
|
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Cash Flows from Financing Activities
|
|
|
|
Proceeds of Long Term Debt (net of issuance costs)
|
$197,239
|
$0
|
|
Change in Current portion of long-term debt
|
$10,414
|
$8
|
|
Dividends Paid
|
(209,098)
|
(103,681)
|
|
Net Cash Flows from Financing Activities
|
($1,445)
|
($103,673)
|
|
|
|
|
|
Net Increase (Decrease) in Cash and Cash Equivalents
|
($18,856)
|
($87,805)
|
|
|
|
|
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Beginning Cash and Cash Equivalents
|
$41,851
|
$129,656
|
|
|
|
|
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Ending Cash and Cash Equivalents
|
$22,995
|
$41,851
|
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