2011 Annual Report - Presbyterian Homes & Services

Consolidated Statements of Operations
The fiscal years ending September 30, 2011 and 2010
(Dollar amounts in thousands)
u OPERATING REVENUE:
u NONOPERATING REVENUE:
Unrestricted Contributions
Temporarily Restricted Contributions
Permanently Restricted Contributions
TOTAL REVENUES
u OPERATING EXPENSES:
Services to Residents
General and Administrative
Interest
Depreciation and Amortization
TOTAL OPERATING EXPENSES
u NONOPERATING GAINS (LOSSES):
Income from Endowment Investments
Net Change in Fair Value of Investments
Gain on Refinancing, Minority Interest and other
Fundraising
Other
TOTAL NONOPERATING LOSSES
TOTAL REVENUES OVER TOTAL EXPENSES
2011 2010
$268,521 $253,022
3,881 2,705
9,663 2,217
940 350
$283,005 $258,294
167,818 159,827
34,445 30,762
25,811 26,071
30,502 29,108
$258,576 $245,768
235 333
(4,176) (1,248)
(656) (218)
(1,235) (1,040)
(210) (235)
$(6,042) $(2,408)
$18,387 $10,118
Statements of Financial Position
u ASSETS
Current Assets
Investments and Other Assets
Property and Equipment
TOTAL ASSETS
u LIABILITIES AND NET ASSETS
Current Liabilities
Long-Term Debt and Other Obligations
Net Assets
TOTAL LIABILITIES AND NET ASSETS
2011 2010
80,756 74,048
197,139 158,625
642,160 588,620
$920,055 $821,293
50,166 46,226
716,505 640,070
153,384 134,997
$920,055 $821,293
22
SPRING 2012