Laserfiche WebLink
Indian River Memorial Hospital , Inc. and Subsidiaries <br /> Notes to Consolidated Financial Statements <br /> For the Years Ended September 30, 2002 and 20) 1 <br /> Cash and Cash Equivalents <br /> Cash and cash equivalents are recorded at cost, which approximates fair value. <br /> Investments <br /> Investments are stated at fair value based on quoted market prices and are comprised of the <br /> following atSeptember 30: <br /> - 2002 2001 <br /> Common stocks - $ 1296359055 $ 171935 ,431- <br /> Corporate obligations 1298629074 1690269719 <br /> Temporary investments - 290 , 358 3999975 <br /> $ 25 , 787,487 $ 34,3629125 <br /> Assets Limited as to Use — HeId in- Escrow for Payment of Bond Interest <br /> Assets limited as to use - held in escrow for payment of bond interest_ are stated at fair value <br /> based on quoted market prices and are comprised of the following at September 30 : <br /> 2002 - - 2001 - <br /> Cash and cash equivalents - $ 9432820 $ _ 12491-,566 <br /> Assets Limited as to -Use or Restricted - <br /> By Board for designated uses: <br /> Boardted-funds are-stated at fair value <br /> designa based on quoted market prices andare <br /> comprised of the following at September 30 : <br /> 2002 2001 <br /> Common stocks $ 21 ,4323193 $ 25,791 ,929 <br /> U. S . Government Agency obligations and <br /> shortteen pooled fixed income funds 297,781 294,710 <br /> Corporate obligations 222951 , 521 243137,947 <br /> Foreign debt obligations 51 ,908 54,034 <br /> ITemporary investments 1 , 5382055 1 ,2722521 <br /> Money market investments 1802565 • 1771290 <br /> Cash and cash equivalents 295233 461 ,328 <br /> $ 462481 ,256 $ 5221897759 <br /> - 1 7- <br />