Chapter 18, TYK Question: #3 Using these transactions, create financial statements for HHL for 2013.

Hospital for Healthy Living (HHL) Consolidated Statements of Financial Position (In Thousands)

Chapter 18, TYK Question #3	Hospital for Healthy Living (HHL)
	Consolidated Statements of
	Financial Position (In Thousands)
	2013	2012
Assets
Current assets:
Cash and cash equivalents	41,443	$41,443
Short-term investments	70,779	70,779
Accounts receivable:
Patient care, less allowance for uncollectibles
(2012 -$31,085; 2011 -$39,048)	56,811	56,811
Inventory	6,132	6,132
Other-net	6,416	6,416
	181,581	181,581
Other current assets	12,439	12,439
Assets limited as to use -current portion	1,276	1,276
Total current assets	195,296	195,296
Assets limited as to use:
Donor restricted	6,587	6,587
Investments held by captive insurance companies	47,099	47,099
Deferred employee compensation plan assets	5,396	5,396
	59,082	59,082
Less assets limited as to use -current portion	(1,276)	-1,276
Assets limited as to use -noncurrent	57,806	57,806
Property, buildings and equipment -net	186,481	186,481
Investments in real estate -net	2,518	2,518
Other noncurrent assets	2,470	2,470
Total assets	444,571	$444,571
Liabilities and net assets
Current liabilities:
Current portion of long-term debt	2,804	$2,804
Accounts payable and accrued expenses	32,189	32,189
Accrued salaries and related liabilities	31,590	31,590
Due to affiliates, net	1,927	1,927
Professional insurance liabilities -current	6,738	6,738
Other current liabilities	15,534	15,534
Total current liabilities	90,782	90,782
Long-term debt, less current portion	51,250	51,250
Accrued pension liability	29,183	29,183
Deferred employee compensation plan liabilities	5,396	5,396
Professional insurance liabilities -noncurrent	117,686	117,686
Other noncurrent liabilities	55,462	55,462
Total liabilities	349,759	349,759
Net assets:
Unrestricted	86,109	86,109
Temporarily restricted	2,116	2,116
Permanently restricted	6,587	6,587
Total net assets	94,812	94,812
Total liabilities and net assets	444,571	$444,571
	Consolidated Statements of Operations
Revenue, gains and other support	2013	2012
Patient service revenue	-	541,301
Other revenue	-	36,656
Net assets released from restrictions		1,562
Total revenue, gains and other support	-	579,519
Operating expenses
Salaries and wages	-	226,400
Employee benefits	-	59,154
Supplies and other expenses	-	266,356
Interest and amortization of deferred financing fees	-	3,093
Depreciation and amortization	-	23,137
Total operating expenses	-	578,140
Gain(loss) from operations	-	1,379
Profession liability insurance program premium revision		0
Excess (deficiency) of revenue over expenses	-	1,379
Other changes in unrestricted net assets
Change in unrealized gains and losses on investments - other than trading securities		4,036
Net assets released from restrictions for purchases of property, buildings and equipment		527
Change in pension liability to be recognized in future periods		12,231
Increase(decrease) in unrestricted net assets	-	18,173