A G E N D A 1. APOLOGIES FOR ABSENCE Ian Metcalfe 2 ...

ANNEX ATHE ROYAL BOURNEMOUTH AND CHRISTCHURCH HOSPITALS NHS FOUNDATION TRUSTFINANCIAL PERFORMANCE FOR THE PERIOD TO 30 APRIL 2013KEY FINANCIALS2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCE£'000 £'000 £'000 £'000 % £'000 £'000 £'000 %NET SURPLUS/ (DEFICIT) 101 248 346 98 40% 1,250 1,250 0 0%EBITDA 1,316 1,288 1,409 121 9% 13,745 13,745 0 0%TRANSFORMATION PROGRAMME 487 754 632 (122) (16%) 10,345 10,345 0 0%CAPITAL EXPENDITURE 374 130 169 39 30% 9,475 9,475 0 0%FINANCIAL RISK RATING2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL RISK WEIGHTED PLAN FORECAST RISK WEIGHTEDMETRIC METRIC METRIC RATING RATING METRIC METRIC RATING RATINGEBITDA Margin % 6.9% 6.3% 6.7% 3 0.8 5.5% 5.5% 3 0.8EBITDA Achievement of Plan % 102.2% 100.0% 109.4% 5 0.5 94.3% 94.3% 4 0.4Net Return after Financing % 0.3% 1.4% 2.1% 4 0.8 0.5% 0.5% 3 0.6I&E Surplus Margin % 0.2% 1.2% 1.5% 3 0.6 0.5% 0.5% 2 0.4Liquidity Days 55.1 57.9 58 4 1.0 56.4 56.4 4 1.0FINANCIAL RISK RATING 3.7 3.2ACTIVITY2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCENUMBER NUMBER NUMBER NUMBER % NUMBER NUMBER NUMBER %Elective 4,584 5,146 5,419 273 5% 62,242 62,242 0 0%Outpatients 23,969 22,827 22,974 147 1% 276,102 276,102 0 0%Non Elective 2,487 2,265 2,396 131 6% 27,559 27,559 0 0%Emergency Department Attendances 5,291 6,592 6,731 139 2% 80,203 80,203 0 0%TOTAL PbR ACTIVITY 36,331 36,831 37,520 689 2% 446,107 446,107 0 0%INCOME2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCE£'000 £'000 £'000 £'000 % £'000 £'000 £'000 %Elective 5,446 6,040 6,078 39 1% 73,053 73,053 0 0%Outpatients 2,839 2,840 2,830 (9) (0%) 34,345 34,345 0 0%Non Elective 4,437 4,210 4,197 (13) (0%) 51,227 51,227 0 0%Emergency Department Attendances 514 624 618 (6) (1%) 7,597 7,597 0 0%Non PbR 4,109 4,974 5,171 197 4% 60,156 60,156 0 0%Non Contracted 1,719 1,739 2,011 272 16% 20,137 20,137 0 0%Research 128 153 163 10 7% 1,834 1,834 0 0%Interest 11 33 0 (33) (99%) 400 400 0 0%TOTAL INCOME 19,202 20,613 21,069 456 2% 248,750 248,750 0 0%EXPENDITURE2012/132013/14 YEAR TO DATE2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCE£'000 £'000 £'000 £'000 % £'000 £'000 £'000 %Pay 11,515 12,105 12,301 (196) (2%) 143,719 143,719 0 0%Clinical Supplies 2,547 2,484 2,534 (49) (2%) 33,778 33,778 0 0%Drugs 1,978 1,978 2,077 (99) (5%) 24,004 24,004 0 0%Other Non Pay Expenditure 1,707 2,457 2,460 (3) (0%) 31,086 31,086 0 0%Research 128 153 163 (10) (7%) 1,834 1,834 0 0%Depreciation 801 801 801 0 0% 8,431 8,431 0 0%PDC Dividends Payable 425 387 387 0 0% 4,646 4,646 0 0%TOTAL EXPENDITURE 19,101 20,365 20,723 (358) (2%) 247,500 247,500 0 0%STATEMENT OF FINANCIAL POSITION2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCE£'000 £'000 £'000 £'000 % £'000 £'000 £'000 %Non Current Assets 148,621 144,749 144,782 33 0% 146,266 146,266 0 0%Current Assets 62,319 68,546 67,866 (680) (1%) 67,593 67,593 0 0%Current Liabilities (25,865) (26,853) (25,954) 899 (3%) (26,691) (26,691) 0 0%Non Current Liabilities (3,253) (2,788) (2,789) (1) 0% (2,357) (2,357) 0 0%TOTAL ASSETS EMPLOYED 181,823 183,654 183,905 251 0% 184,811 184,811 0 0%Public Dividend Capital 78,674 78,674 78,674 0 0% 78,674 78,674 0 0%Revaluation Reserve 68,498 64,488 64,485 (3) (0%) 64,488 64,488 0 0%Income and Expenditure Reserve 34,651 40,493 40,746 253 1% 41,649 41,649 0 0%TOTAL TAXPAYERS EQUITY 181,823 183,655 183,905 250 0% 184,811 184,811 0 0%WORKFORCE2012/132013/14 YEAR TO DATE 2013/14 FULL YEARYTD ACTUAL PLAN ACTUAL VARIANCE VARIANCE PLAN FORECAST VARIANCE VARIANCE% %Staff (Whole Time Equivalents) 3,553 3,694 3,682 12 0.3% 3,633 3,633 0 0.0%Sickness 3.43% 3.00% 3.75% (0.75%) (25.0%) 3.00% 3.50% 0.50% 16.7%