1) What can you assess regarding the current and total assets over the two year period?

2) What can you assess regarding the current and total liabilities over the two year period?

3) Provide a brief summary of the hospitals total net position over the two year period? What do you believe is contributing to the net change?

** please explain how you got each answer **

2018 2017 $ 112,214 $ 62,381 Balance Sheets December 31, 2018 and 2017 (in thousands of dollars) Assets and Deferred Outflows of Resources Current assets: Cash and cash held by the State Patient accounts receivable, net of allowance for doubtful accounts of approximately $203,000 and $222,000 in 2018 and 2017, respectively Estimated disproportionate share receivable Due from third-party payors Due from State of New York - professional liability Due from State of New York Inventories Due from Clinical Practice Management Plan ("CPMP") Prepaid expenses and other current assets Total current assets Assets whose use is limited: Internally designated Capital lease proceeds Unexpended bond proceeds Estimated disproportionate share receivable, net of current portion Due from third-party payors, net of current portion Long-term patient accounts receivable, net Due from State of New York - professional liability, net of current portion Capital assets, net Other assets Total assets Deferred outflows of resources 180,671 33,925 6,261 11,200 7,725 13,817 1,785 48,051 415,649 177,806 93,890 5,445 7,300 9,681 13,443 1,874 25,971 397,791 1,028 12,598 315 3,534 30,392 439 39,891 19,168 4,399 1,429 2,268 254,293 721,759 17,501 141,377 658,704 18,688 1,465,302 1,275,921 94,981 113,397 2018 2017 Liabilities, Deferred Inflows of Resources and Net Position Current liabilities: Current maturities of long-term debt obligations Accounts payable, accrued expenses and other Accrued salaries and wages Accrued employee benefits Accrued interest Due to State of New York - professional liability Due to State of New York Due to third-party payors Due to Clinical Practice Management Plan ("CPMP") Total current liabilities Long-term debt, net of current portion: Obligation to Dormitory Authority of the State of New York Capital lease obligations 17,721 $ 96,510 48,940 48,785 2,909 11,200 40,279 28,984 2,862 20,921 91,595 46,237 43,304 2,893 7,300 39,643 37,539 5,038 298,190 294,470 283,727 45,643 329,370 227,034 58,542 285,576 47,000 43,414 Accrued employee benefits, net of current portion Due to State of New York - professional liability, net of current portion Due to third-party payors, net of current portion Due to State of New York, net of current portion Net pension liability Total liabilities Deferred inflows of resources 254,293 40,223 48,378 40,879 141,377 32,876 57,165 112,123 1,058,333 85,420 967,001 30,911 1,143,753 997,912 342,670 73,860 338,133 53,273 Total liabilities and deferred inflows of resources Net position: Net investment in capital assets Unrestricted Total net position Commitments and contingencies (notes 5 and 11) Total liabilities, deferred inflows of resources and net position 416,530 391,406 1,560,283 $ 1,389,318 See accompanying notes to the financial statements. 2018 2017 $ 112,214 $ 62,381 Balance Sheets December 31, 2018 and 2017 (in thousands of dollars) Assets and Deferred Outflows of Resources Current assets: Cash and cash held by the State Patient accounts receivable, net of allowance for doubtful accounts of approximately $203,000 and $222,000 in 2018 and 2017, respectively Estimated disproportionate share receivable Due from third-party payors Due from State of New York - professional liability Due from State of New York Inventories Due from Clinical Practice Management Plan ("CPMP") Prepaid expenses and other current assets Total current assets Assets whose use is limited: Internally designated Capital lease proceeds Unexpended bond proceeds Estimated disproportionate share receivable, net of current portion Due from third-party payors, net of current portion Long-term patient accounts receivable, net Due from State of New York - professional liability, net of current portion Capital assets, net Other assets Total assets Deferred outflows of resources 180,671 33,925 6,261 11,200 7,725 13,817 1,785 48,051 415,649 177,806 93,890 5,445 7,300 9,681 13,443 1,874 25,971 397,791 1,028 12,598 315 3,534 30,392 439 39,891 19,168 4,399 1,429 2,268 254,293 721,759 17,501 141,377 658,704 18,688 1,465,302 1,275,921 94,981 113,397 2018 2017 Liabilities, Deferred Inflows of Resources and Net Position Current liabilities: Current maturities of long-term debt obligations Accounts payable, accrued expenses and other Accrued salaries and wages Accrued employee benefits Accrued interest Due to State of New York - professional liability Due to State of New York Due to third-party payors Due to Clinical Practice Management Plan ("CPMP") Total current liabilities Long-term debt, net of current portion: Obligation to Dormitory Authority of the State of New York Capital lease obligations 17,721 $ 96,510 48,940 48,785 2,909 11,200 40,279 28,984 2,862 20,921 91,595 46,237 43,304 2,893 7,300 39,643 37,539 5,038 298,190 294,470 283,727 45,643 329,370 227,034 58,542 285,576 47,000 43,414 Accrued employee benefits, net of current portion Due to State of New York - professional liability, net of current portion Due to third-party payors, net of current portion Due to State of New York, net of current portion Net pension liability Total liabilities Deferred inflows of resources 254,293 40,223 48,378 40,879 141,377 32,876 57,165 112,123 1,058,333 85,420 967,001 30,911 1,143,753 997,912 342,670 73,860 338,133 53,273 Total liabilities and deferred inflows of resources Net position: Net investment in capital assets Unrestricted Total net position Commitments and contingencies (notes 5 and 11) Total liabilities, deferred inflows of resources and net position 416,530 391,406 1,560,283 $ 1,389,318 See accompanying notes to the financial statements