week 5

week5.xlsx

Balance Sheet

Louis Medical Center
Balance Sheet (in '000s)
For the Year Ended September 30, 2016
	9/30/16
Current assets
Cash and cash equivalents
Net accounts receivable
Inventory
Total current assets
Gross plant, property, and equipment
(less accumulated depreciation)
Net plant, property & equipment
Long-term investments
Total assets	$0
Current liabilities
Accounts payable
Wages payable
Total current liabilities
Long-term debt
Total liabilities
Net assets
Ending balance, unrestricted net assets
Ending balance, temporarily restricted net assets
Total net assets
Total liabilities and net assets	$0

Louis Medical Center
Statement of Operations (in '000s)
For the Year Ended September 30, 2016
	9/30/16
Unrestricted revenues
Patient revenues (net of contractuals)
Provision for bad debt expense
Net patient revenues
Net assets released from temporary restriction
Total revenues
Operating expenses:
Labor expense
General expense
Supply expense
Depreciation expense
Interest expense
Total operating expenses
Excess of revenues over expenses
Transfer to parent corporation
Increase in unrestricted net assets	$0

Louis Medical Center
Statement of Changes in Net Assets (in '000s)
For the Year Ended September 30, 2016
	9/30/16
Unrestricted net assets
Excess of revenues over expenses
Unrestricted contributions	0
Transfer to parent corporation
Change in unrestricted net assets	0
Temporarily restricted net assets
Net assets released from temporary restriction
Change in temporarily restricted net assets	0
Permanently restricted net assets
	0
Change in permanently restricted net assets	0
Increase in net assets	0
Beginning balance, net assets
Ending balance, total net assets	$0