Building for a brighter future - GHA Central

Financial: Financial Results
Notes to and forming part of the Financial Statements for the year ended 30 June 2006
Note 2f: Analysis of Expenses by Internal and Restricted Special Purpose Funds
for Services Supported by Hospital & Community Initiatives
2006 2005
($’000)($’000)
Private Practice 31 4
Cafeteria 283 319
Tendered Services 145 132
Linen Service 6,747 6,602
Salary Packaging 56 80
Consulting Suites 321 325
Property Income 48 64
TOTAL 7,630 7,526
Note 3: Depreciation and Amortisation
2006 2005
($’000)($’000)
Depreciation
Buildings 539 440
Plant and Equipment
- Plant 365 334
- Other Equipment 51 55
Medical Equipment 280268
Computers and Communication 87 123
Motor Vehicles 319 321
Furniture and Fittings 11 8
Total Depreciation 1,651 1,549
Amortisation
Linen 1,118 1,058
Total Amortisation 1,118 1,058
Total Depreciation & Amortisation 2,769 2,607
Note 4: Cash and Cash Equivalents
For the purposes of the Cash Flow Statement, cash assets includes cash on hand and in banks, and short-term
deposits which are readily convertible to cash on hand, and are subject to an insignificant risk of change in
value, net of outstanding bank overdrafts.
The bank overdraft below relates to the Hospital and is part of an offset banking arrangement. This incorporates
cash at bank, including the Warragul Linen Service, and the deposits at call, which relate to the Group as a
whole. As the overall cash position is always positive, no interest is incurred by the Group.
2006 2005
($’000)($’000)
Cash on Hand 3 3
Cash at Bank 3,781 5,788
Bank Overdrafts (4,864) (8,232)
Deposits at Call 8,011 10,596
TOTAL 6,931 8,155
Represented by:
Cash for Health Service Operations
(as per Cash Flow Statement) 6,931 8,155
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