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1987-139
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1987-139
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Last modified
9/2/2022 9:33:01 AM
Creation date
9/1/2022 9:39:10 AM
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Resolutions
Resolution Number
1987-139
Approved Date
11/24/1987
Resolution Type
INDUSTRIAL DEVELOPMENT REVENUE REFUNDING BONDS
Subject
financing the acquisition of a Health Care Facility by Fl. Convalescent Centers, Inc.,
consisting of an 91-bed Nursing Home providing for issuance by ORC
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40 <br />Consolidated statement of <br />f. 4,,,ad(kI.W 1! 19wi <br />rug ny...nw� n,r r,.r .. w• <br />changes in financial position <br />1966 <br />1985 <br />1984 <br />(rbaell)t4 4404rs) <br />_ <br />Operating activities <br />3 402,588 3 <br />415.584 f <br />355.839 <br />Net income <br />341,772 <br />261,513 <br />199.230 <br />provision for losses <br />47,175 <br />43.179 <br />37,682 <br />Depreciation <br />(5,837) <br />(5.415) <br />(4.902) <br />Amortization of loan fees <br />(1,070) <br />2.812 <br />(26.905) <br />Deferred income taxes <br />Tax credit related to transfer to <br />57,575 <br />54.159 <br />49.774 <br />appropriations <br />(291,954) <br />(4,880) <br />(133.9821 <br />Change in other assets <br />79.908 <br />104,597 <br />Change to other liabilities <br />(76,193) <br />(17,807) <br />(29.463) <br />Net gain on disposal of securities <br />Unrealized net foreign currency <br />3,797 <br />13.021 <br />7.716 <br />translation guns <br />557,661 <br />866.763 <br />529.724 <br />Funds from operations <br />(139.766) <br />(123.973) <br />(116.694) <br />Dividends <br />(798,638) <br />2.820.643 • <br />3.608.145 <br />Change in deposits <br />(380.743) <br />3.563.433 <br />4,021.175 <br />Financing activities <br />445,050 <br />37,792 <br />,-1.197 <br />Capital stock issues <br />(8,186) <br />43,717 <br />(2,188) <br />Change to liabilities of subsidiaries <br />(71,608) <br />(1,803) <br />(3.004( <br />Redemption of preferred shares <br />256 <br />3,382 <br />168.'651 <br />Change in debentures <br />(4.3'6) <br />(29) <br />12 9911 <br />Share issue expenses <br />361.136 <br />83.059 <br />19;.649 <br />Funds from financing activities <br />Funds available for (provided by) <br />S (19,607) <br />$3.646.492 <br />34�� <br />investment activities <br />Investment activities <br />Change to earning assets <br />$2,208.899 <br />$3,059.695 <br />3 3 04, SO i <br />Loans, net <br />(545,008) <br />630.640 <br />5-' A60 <br />Securities. net <br />(1.217,377) <br />(240.720) <br />Deposits with other banks <br />446.514 <br />3.449.615 <br />4._956(; <br />Change to non -earning assets <br />93.389 <br />(36,449) <br />;6;,x85, <br />Cash and deposits with Bank of Canada <br />(635,811) <br />167,852 <br />='9 = 19 <br />Cheques and other items in transit, net <br />76.301 <br />65.474 <br />5; y; - <br />Land, buildings and equipment <br />(466.121) <br />196.877 <br />'xii 8u91 <br />Funds used 1n tprovtded by) <br />f (19,607) <br />$3.646.492 <br />investment activities <br />.-v <br />® <br />A-14 <br />
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