Provide hospital trend analysis for the income statement, balance sheet and cash flow statements in this case study.

    

12. Financing the Future MHS has established a corporate depreciation fund. The fund's purpose is to ease the financial burden of replacing fixed assets. Presently, it has almost $2 million for needed equipment and renovations. MHS CASE STUDY Financial Statements Balance Sheet (Exhibit 25-1) Statement of Revenue and Expense (Exhibit 25-2) Exhibit 25-1- Balance Sheet Assets Current Assets Cash and Cash Equivalents Assets Whose Use Is Limited Patient Accounts Receivable (Net of$1,300,000 Allowance for Bad Debts) Other Receivables Inventories Prepaid Expenses Total Current Assets Assets Whose Use Is Limited Corporate Funded Depreciation Held by Trustee under Bond Indenture Agreement Total Assets Whose Use Is Limited Less Current Portion Net Assets Whose Use Is Limited Property, Plant and Equipment Net Metropolis Health System Balance Sheet March 31, 2 $1,150,000 825,000 7,400,000 150,000 900,000 200,000 10,625,000 1,950,000 1,425,000 3,375,000 2,550,000 19,300,000 Other Assets Total Assets Liabilities and Fund Balance Current Liabilities Current Maturities of Long-Term Debt Accounts Payable and Accrued Expenses Bond Interest Payable Reimbursement Settlement Payable Total Current Liabilities Long-Term Debt Less Current Portion of Long-Term Debt Net Long-Term Debt Total Liabilities Fund Balances General Fund Page 283 325,000 $32, 800,000 $525,000 4,900,000 300,000 100,000 5,825,000 6,000,000 5,475,000 11,300,000 21,500,000 Total Fund Balances Total Liabilities and Fund Exhibit 25-2 Statement of Revenue and Expense Revenue Net patient service revenue Other revenue Total Operating Revenue Expenses 21,500,000 Nursing services Other professional services General services Support services Depreciation Amortization Metropolis Health Systems Statement of Revenue and Expense For the Year ended March 31, 2 Interest Provision for doubtful accounts Balances Total Expenses Income from Operations Nonoperating Gains (Losses) Unrestricted gifts and memorials Int est Nonoperating Gains, Net me Revenue and Gains in Excess of Expenses $34,000,000 1,100,000 $5,025,000 13,100,000 3,200,000 8,300,000 1,900,000 50,000 325,000 1,500,000 $20,000 80,000 $35,100,000 33,400,000 $1,700,000 100,000 $1,800,000 $32,800,000