PORT HUDSON COMMUNITY HOSPITAL Statement of Operations For the Year Ended December 31, 2020 Revenues Without Donor Restrictions: Patient Service Revenues-Net of Contractual Adjustments Other Operating Revenues Total Revenues Net Assets Released From Restrictions: Satisfaction of Program Restrictions Total Operating Revenues Operating Expenses: Salaries and Benefits Utilities Insurance Depreciation Total Operating Expenses Operating Income $ 400,000 60,000 460,000 26,000 486,000 850,000 139,000 80,000 180,000 1,249,000 22,000 Other Income: Unrestricted Gifts and Bequests 42,000 Income on Endowment Investments 35,000 Total Other Income Excess of Revenues Over Expenses 77,000 99,000 Net Assets Released from Restrictions: Satisfaction of Capital Acquisition Restrictions Loss on Sale of Equipment Increase in Net Assets without Donor Restrictions 152,000 (3,000) $ 248,000