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Indian River Memorial Hospital, Inc. and Subsidiaries <br /> Notes to Consolidated Financial Statements <br /> For the Years Ended September 30 , 2002 and 2m1 <br /> Investment income and gains on investments and assets limited as to use or restricted are <br /> comprised of the following for the years ending September 30 : <br /> 2002 2001 <br /> Included in other revenue: <br /> Interest income $ - 89o794 $ 586,063 <br /> Investment income. <br /> Interest income and dividend earnings 2,348, 822 21656,943 <br /> Income on pooledfunds -- - 273 097 <br /> Realized gains and losses on sales of securities 824,470 718,450 <br /> Less: investment management fees (1125465) (103, 165) <br /> $ 35060,827 $ 3 ,545,325 <br /> Bond Pa Obligations able <br /> g Y <br /> The fair value of the Hospital's fixed rate bond obligations payable (Series 1996 Bonds and <br /> S eries 1997 Bonds) is estimated based on quoted market prices for the same or similar issues <br /> and amounts to approximately $37,351 , 000 and $37,504,000 at September 30, 2002 and <br /> - 2001 , respectively. The fair value of the Hospital ' s variable rate bond obligations payable <br /> (Series- 1985, Series 1988, Series 1989 and Series 1990) approximates the book value due to <br /> the variable interest rates associated with those_ instruments. - <br /> -8. Investment in Treasure Coast Rehabilitation Hospital <br /> The Hospital maintains a 40% limited partnership interest in Treasure Coast Rehabilitation__ <br /> - Hospital. For the years ended September 30, 2002 and 2001,- the Hospital received <br /> approximately $ 124, 000 and $ 30,000, respectively, in distributions . For the years - ended <br /> September 30, 2002 and 2001 , the Hospital recorded approximately $ 662 ,000 and $ 0, <br /> respectively, in income which is recorded in other, net in the consolidated statements of <br /> operations . <br /> 1 <br /> 1 <br /> - 19- <br />