Revenues Longwood Community Hospital Statement of Operations for the Years Ended December 31, 20X1 and 20X0 (in thousands) 20X1 20X0 Net patient service revenue Other revenue Total operating revenues $54,000 $53,000 1,000 500 55,000 53,500 Expenses Salaries and benefits 23,000 22,000 Supplies and other expenses 20,000 23,000 Depreciation 10,000 9,000 Total operating expenses 53,000 54,000 Operating income 2,000 (500) Excess of revenues over expenses 2,000 (500) ($500) Increase (decrease) in net assets $2,000 EXHIBIT 4.19b BALANCE SHEET FOR LONGWOOD COMMUNITY HOSPITAL Longwood Community Hospital Balance Sheet December 31, 20X1 and 20X0 (in thousands) Current assets Cash and cash equivalents Net patient receivables Prepaid expenses 20X1 20X0 $6,000 $4,000 10,000 8,500 1,400 1,300 17,400 13,800 Total current assets Noncurrent assets Plant, property, and equipment 27,000 Gross plant, property, and equipment 24,000 (1,500) (less accumulated depreciation) (1,300) 25,500 Net plant, property, and equipment 22,700 1,000 4,000 Construction in progress $43,900 Total assets $40,500 Current liabilities $500 $750 Accounts payable Salaries payable 7,800 9,000 Total current liabilities 8,300 9,750 Long-term liabilities Bonds payable 9,000 8,000 Total long-term liabilities 9,000 8,000 Net assets 26,600 22,750 Total liabilities and net assets $43,900 $40,500