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Indian River Memorial Hospitil , Inc.- and Subsidiaries
<br /> Consolidated Statements of Operations
<br /> For the Years Ended September 30 , 2002 and 2001
<br /> 2002 2001
<br /> Unrestricted revenues, gains and other support:
<br /> Net patient service revenue $ 12223352177 $ 12237633,946
<br /> Other revenue 826337232 57078,734
<br /> Total revenues, gains and other support 130,968,409 127,8422680
<br /> Expenses .
<br /> Salaries and benefits 67,039,230 573F5242612
<br /> Professional fees 8, 8902084 99606,537
<br /> Supplies 223298,569 212095, 177
<br /> Other 183,718,470 1329652444
<br /> Provision for bad debts _ 1322652172 - 15,451,341
<br /> Interest - 1 ,953, 809 2,566,682
<br /> Depreciation and amortization 10, 102,934 91759,566
<br /> Total expenses 14222682268 129,969,359
<br /> Operating loss - (11 )2992859) (211262679)
<br /> Other income (expenses) .
<br /> Investment income 3 ,0602827 32545,325
<br /> Other, net (1 , 138, 866) - (122688)
<br /> (Deficit) excess of revenues over-expenses (9,377,898) - 1 ,4x5,958
<br /> Unrealized (losses) -gains on other than
<br /> trading securities - _ (5)691 ,441 ) {102839)027)
<br /> r Net assets released from restrictions used for purchase of
<br /> @' property and equipment 7461%265 423 , 105
<br /> Other decrease in unrestricted net assets - (27, 066)
<br /> Additional minimum pension liability (2, 104, 835) -
<br /> Cumulative effect of change in accounting method (Note 13 ) (3182305) -
<br /> Discontinued operations :
<br /> Loss from operations of discontinued business (868,691 ) (3873508)
<br /> Loss on disposal of discontinued business including
<br /> provision for operating losses during phase-out period (40, 890) -
<br /> Decrease m unrestricted net assets ., $ ( 17,6552795) $ (9,424,538)
<br /> The accompanying notes are an integral part of these consolidated fmancial statements .
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