Courage Lives Here
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A Year in Review 2012 – 2013:
Financial Statements
Financial Statements
Revenue
Ontario Ministry of Health & Long-Term Care /
Toronto Central Local Health Integration Network
Hospital programs
$1,043,722
Specifically funded programs
110,008
Other patient services
188,229
Grants and donations for research and other purposes
244,255
Ancillary services and other
280,666
Amortization of deferred capital contributions
57,177
$1,924,057
Expenses
Compensation
$1,135,688
Medical, surgical supplies and drugs
210,694
Specifically funded programs
110,061
Plant operations and equipment maintenance
87,028
Depreciation
99,575
Interest on long-term liabilities
17,855
Supplies and other
235,063
$1,895,964
Excess of revenue over expenses for the year
28,093
Assets
Current
Cash and cash equivalents
$210,910
Accounts receivable
169,422
Inventory
15,236
Prepaid expenses
8,926
Long Term
Loans receivable
1,725
Capital assets, net
1,260,467
Long-term investments
325,674
$1,992,360
Liabilities and Net Assets
Current
Accounts payable and accrued liabilities
$400,293
Current portion of long-term liabilities
17,144
Long Term
Due to MaRS Development Trust
84,199
Deferred research contributions
207,558
Long-term debt
208,644
Employee future benefit liabilities
45,144
Deferred capital contributions
631,872
$1,594,854
Net Assets
Internally restricted
65,505
Unrestricted
329,055
394,560
Accumulated remeasurement gains
2,946
397,506
$1,992,360
For the year ended March 31, 2013
(Amounts in $ thousands)
Full audited statements are available at
