Skip to content
Permalink
main
Switch branches/tags

web-hack-mirror/mirror/1999/10/31/www.cvh.on.ca/financialsann.htm

Go to file
 
 
Cannot retrieve contributors at this time
306 lines (303 sloc) 15.8 KB
Raw Blame
Open in GitHub Desktop
<html>
<head>
<title>Annual Financial Report</title>
</head>
<body>
<table BORDER="0" CELLSPACING="20" width="405">
<tr>
<td WIDTH="100" VALIGN="TOP"><p ALIGN="CENTER"><img SRC="smshield.gif" ALIGN="BOTTOM" ALT="Annual Report" BORDER="0" WIDTH="150" HEIGHT="111"></p>
<p ALIGN="CENTER">Annual Report</p>
<p ALIGN="CENTER"><a href="Default.htm">Back to The Credit Valley Hospital Home Page</a></td>
<td VALIGN="TOP" width="452"><b><font size="5"><p ALIGN="left"></font></b><strong><font size="3">ANNUAL FINANCIAL REPORT INDEX</font></strong></p>
<p ALIGN="left"><a href="#Allocation of Resources for the Provision of Patient Care 1998-1999"><font size="3"><b>Allocation of Resources for the Provision of Patient Care 1998-1999</b></font></a></p>
<p ALIGN="left"><a href="#Condensed Balance Sheet"><font size="3"><b>Condensed Balance
Sheet</b></font></a></p>
<p ALIGN="left"><a href="#Condensed Statement of Operations"><font size="3"><b>Condensed
Statement of Operations</b></font></a></p>
<p ALIGN="left"><a href="#Auditors' Report"><font size="3"><b>Auditors' Report</b></font></a></p>
<p ALIGN="left"><a href="#Record of Employees' 1998 Salaries and Benefits"><font size="3"><b>Record
of Employees' 1998 Salaries and Benefits</b></font></a></p>
<p ALIGN="left"><a name="Top"><font size="3"><b>Top</b></font></a></p>
<hr>
<p align="center"><a name="Allocation of Resources for the Provision of Patient Care 1998-1999"><big><strong>Allocation
of&nbsp; Resources for the Provision of&nbsp; Patient Care 1998-1999</strong></big></a></p>
<p align="center"><img src="graph.gif" alt="graph.gif (54941 bytes)" WIDTH="563" HEIGHT="451"></p>
<p ALIGN="CENTER">&nbsp;</p>
<b><font size="3"><hr>
<p align="center"></font><a name="Condensed Balance Sheet"><font size="4">Condensed
Balance Sheet</font></a><font size="3"><font SIZE="7" COLOR="#001058"><br>
</font>(March 31, 1999) </p>
<table BORDER="0" WIDTH="100%">
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"></font><font color="#FFFFFF" SIZE="3"><b>1999</b></font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER"><b>19</b>98 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"><b>Assets</b></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">In Thousands of
Dollars</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER"><font COLOR="#000000">In Thousands of
Dollars</font> </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Current assets</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">&nbsp; $16,092</font>
</td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp;&nbsp; $29,040 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Long-term investments</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">&nbsp;&nbsp;
14,664</font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">- </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Capital assets, net</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">&nbsp;&nbsp;&nbsp;
76,213</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp;&nbsp;&nbsp;&nbsp; 77,799 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"><b><i>Total</i></b></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">$106,969</font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">$106,839</td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"><b>Liabilities and Net Assets</b></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">&nbsp;</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp; </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Current liabilities</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">$16,900</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp;&nbsp; $16,433 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Deferred capital contributions</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">45,492</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp;&nbsp;&nbsp; 45,370 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Net Assets</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">44,577</font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">&nbsp;&nbsp; 45,036</td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">$106,969</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">$106,839</td>
</tr>
</table>
<hr>
<font size="3"><p align="center"></font><a name="Condensed Statement of Operations"><font COLOR="#001058" size="4">Condensed Statement of Operations</font></a><font COLOR="#001058" size="2"><br>
</font><font size="3"><small>(March 31, 1999)</small></p>
<div align="center"><div align="center"><center><table BORDER="0">
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"></font><font color="#FFFFFF" SIZE="3"><b>1999</b></font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER"><b>1998</b></td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">In Thousands of
Dollars</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER"><font COLOR="#000000">In Thousands of
Dollars</font> </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Revenue</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">$111,251</font> </td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">$104,556 </td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"></td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD">Expenses</td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">111,710</font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">103,975</td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"></td>
<td WIDTH="33%" BGCOLOR="#003399"></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"></td>
</tr>
<tr>
<td WIDTH="33%" BGCOLOR="#DDDDDD"><b>Excess (deficiency) of revenue over expenses for the
year</b></td>
<td WIDTH="33%" BGCOLOR="#003399"><p ALIGN="CENTER"><font color="#FFFFFF">(459)</font></td>
<td WIDTH="34%" BGCOLOR="#CCFFFF"><p ALIGN="CENTER">581</td>
</tr>
</table>
</center></div></b><hr>
<p><a name="Auditors' Report"><big><strong>Auditors' Report</strong></big></a></p>
<font SIZE="3"><p align="left">We have audited, in accordance with generally accepted
auditing standards, the financial statements of The Credit Valley Hospital for the year
ended March 31, 1999 and have reported thereon without reservation to the members on April
30, 1999. Our audit included the accompanying condensed balance sheet and condensed
statement of operations.</p>
<p align="left">In our opinion, the accompanying condensed financial statements fairly
summarize the related information contained in the full financial statement which we
audited. </p>
<dir>
<dir>
<dir>
<dir>
<dir>
<dir>
<dir>
<dir>
<dir>
<dir>
<p align="left"><img SRC="Image5.gif" WIDTH="157" HEIGHT="31"></p>
</dir>
</dir>
</dir>
</dir>
</dir>
</dir>
</dir>
</dir>
<p align="center">Mississauga, Canada, Chartered Accountants </p>
</dir>
</dir>
<p align="center">April 30, 1999. </font><b><font size="4"></p>
</font><p align="center"><a href="#Top"><font SIZE="3">To Top</font></a></p>
<hr>
</b><p><a name="Record of Employees' 1998 Salaries and Benefits"><big><strong>Record of
Employees' 1998 Salaries and Benefits</strong></big></a></p>
<div align="center"><center><table BORDER="1" CELLSPACING="1" CELLPADDING="7" WIDTH="750">
<tr>
<td WIDTH="7%" VALIGN="TOP"><font SIZE="1"><p ALIGN="CENTER">Calendar Year</font></td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Sector</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">Employer</td>
<td WIDTH="13%" VALIGN="TOP"><p ALIGN="CENTER">Surname</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Given Name</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Position</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Salary Paid</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">Taxable Benefits</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Fyffe</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Wayne</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">President &amp; CEO</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$195,999.99</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$11,931.66</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">King</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Doug</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Vice President</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$102,546.20</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$4,048.77</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Rowe</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">David</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Sr. Vice President</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$132,238.80</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$6,540.54</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Truman</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Vicki</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Vice President</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$110,188.71</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$5,660.97</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Bachle</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Margaret</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Vice President</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$114,901.43</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$4,062.69</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Bandler</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Norma</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Vice President</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$107,500.21</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$4,085.76</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Sue-Chue-Lam</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">Andrew</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Pathologist</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$161,264.35</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$253.90</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Geddie</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">William</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Pathologist</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$161,305.47</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$253.90</td>
</tr>
<tr>
<td WIDTH="7%" VALIGN="TOP"><p ALIGN="CENTER">1998</td>
<td WIDTH="10%" VALIGN="TOP"><p ALIGN="CENTER">Health</td>
<td WIDTH="12%" VALIGN="TOP"><p ALIGN="CENTER">CVH</td>
<td WIDTH="18%" VALIGN="TOP"><p ALIGN="CENTER">Feltis</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">J. Timothy</td>
<td WIDTH="16%" VALIGN="TOP"><p ALIGN="CENTER">Pathologist</td>
<td WIDTH="11%" VALIGN="TOP"><p ALIGN="CENTER">$161,264.38</td>
<td WIDTH="14%" VALIGN="TOP"><p ALIGN="CENTER">$253.90</td>
</tr>
</table>
</center></div><hr align="center">
<div align="center"><center><table CELLSPACING="0" BORDER="0" CELLPADDING="3" WIDTH="451">
<tr>
<td><p ALIGN="left"><a href="presrep.htm">Annual Report of&nbsp; the President and
Chairman</a></p>
<p ALIGN="left"><a href="foundrep.htm">Annual Report of&nbsp; The Credit Valley Hospital
Foundation</a></p>
<p ALIGN="left"><a href="annassoc.htm">Annual Report of&nbsp; The Credit Valley Hospital
Associates</a></p>
<p ALIGN="left"><a href="annchief.htm">Annual Report of&nbsp; The Chief of Staff</a></p>
<p ALIGN="left"><a href="financialsann.htm">Annual Financial Report</a></p>
<p ALIGN="left"><a href="calgutkin.htm">1998 Nominees and Recipients of the Dr. Calvin
Gutkin Award</a></p>
<p ALIGN="left"><a href="anrep.htm">Back to Annual Report Index</a></p>
<font size="2"><p align="center">Please direct inquiries to:<br>
<a href="mailto:webmaster@thehospital.net">CVH Webmaster</a><br>
The Credit Valley Hospital.<br>
2200 Eglinton Avenue West<br>
Mississauga, Ontario, Canada<br>
L5M 2N1<br>
(905) 813-2200</font></p>
<p align="center"><font size="2"><i>Copyright © The Credit Valley Hospital</i></font> </p>
<p align="center"><a href="legaldis.htm">Legal Disclaimer</a></td>
</tr>
</table>
</center></div></div></td>
</tr>
</table>
</body>
</html>