Trust Board Febuary 2010 - Sandwell & West Birmingham Hospitals

SWBTB (2/10) 031
TRUST BOARD
DOCUMENT TITLE: Financial Performance – Month 10
SPONSORING DIRECTOR:
AUTHOR:
Robert White, Director of Finance and Performance Mgt
Robert White/Tony Wharram
DATE OF MEETING: 25 February 2010
SUMMARY OF KEY POINTS:
The report is provided to update the Board on financial performance for the ten months to 31 st
January 2010.
In-month surplus is £258k against a target surplus of £231k; £27k above plan.
Year to date surplus is £2,119k against a plan of £2,163k, £44k below plan.
In-month WTEs are 112 below plan, excluding the effect of agency staff.
Cash balance is approximately £1.8m greater than the revised plan at 31 st January.
PURPOSE OF THE REPORT (Indicate with ‘x’ the purpose that applies):
Approval Receipt and Noting Discussion
X
ACTIONS REQUIRED, INCLUDING RECOMMENDATION:
• To receive and note the monthly finance report.
• To endorse any actions taken to ensure that the Trust remains on target to achieve its
planned financial position.
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