January 2012 - Sandwell & West Birmingham Hospitals
January 2012 - Sandwell & West Birmingham Hospitals
January 2012 - Sandwell & West Birmingham Hospitals
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SWBTB (1/12) 267 (a)<br />
Financial Performance Report – December 2011<br />
Pay Variance by Pay Group<br />
• The table below provides an analysis of all pay costs by major staff category with actual expenditure analysed for<br />
substantive, bank and agency costs.<br />
Year to Date to December<br />
Actual<br />
Budget Substantive Bank Agency Total Variance<br />
£000 £000 £000 £000 £000 £000<br />
Medical Staffing 57,058 54,516 2,635 57,151 (93)<br />
Management 11,567 11,210 0 11,210 357<br />
Administration & Estates 23,970 22,299 926 638 23,863 107<br />
Healthcare Assistants & Support Staff 23,011 21,235 1,687 153 23,075 (64)<br />
Nursing and Midwifery 65,747 62,071 2,526 852 65,449 298<br />
Scientific, Therapeutic & Technical 33,276 31,867 584 32,451 825<br />
Other Pay 30 16 16 14<br />
Total Pay Costs 214,659 203,215 5,139 4,862 213,215 1,444<br />
NOTE: Minor variations may occur as a result of roundings<br />
Analysis of Total Pay Costs by Staff Group<br />
Balance Sheet<br />
• The opening Statement of Financial Position (balance sheet) for the year at 1 st April reflects the statutory accounts<br />
for the year ended 31 st March 2011.<br />
• Cash balances at 31st December are approximately £40.9m which is around £0.9m higher than at 30th November.<br />
<strong>Sandwell</strong> & <strong>West</strong> <strong>Birmingham</strong> <strong>Hospitals</strong> NHS Trust<br />
STATEMENT OF FINANCIAL POSITION<br />
Opening<br />
Balance as at<br />
1st April<br />
2011<br />
Balance as<br />
at December<br />
2011<br />
£000 £000<br />
Non Current Assets Intangible Assets 1,077 1,002<br />
Tangible Assets 216,199 210,864<br />
Investments 0 0<br />
Receivables 649 680<br />
Current Assets Inventories 3,531 3,890<br />
Receivables and Accrued Income 12,652 15,030<br />
Investments 0 0<br />
Cash 20,666 40,882<br />
Current Liabilities Payables and Accrued Expenditure (33,513) (43,944)<br />
Loans 0 (2,000)<br />
Borrowings (1,262) (1,250)<br />
Provisions (4,943) (3,656)<br />
Non Current Liabilities Payables and Accrued Expenditure 0 0<br />
Loans 0 (6,000)<br />
Borrowings (31,271) (30,606)<br />
Provisions (2,237) (2,237)<br />
Financed By<br />
181,548 182,655<br />
Taxpayers Equity Public Dividend Capital 160,231 160,231<br />
Revaluation Reserve 36,573 37,073<br />
Donated Asset Reserve 2,099 0<br />
Government Grant Reserve 1,662 0<br />
Other Reserves 9,058 9,058<br />
Income and Expenditure Reserve (28,075) (23,707)<br />
181,548 182,655<br />
5
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