St. Luke's Hospital d/b/a Sumner Regional Medical Center

More documents

Recommendations

Info

St. Luke’s Hospital d/b/a Sumner Regional Medical Center A Component Unit of the City of Wellington, Kansas December 31, 2011 and 2010 Contents Independent Accountants’ Report ........................................................................................ 1 Financial Statements Balance Sheets .................................................................................................................................... 2 Sumner Regional Medical Center Endowment Foundation – Statements of Financial Position ....... 3 Statements of Revenues, Expenses and Changes in Net Assets ......................................................... 4 Sumner Regional Medical Center Endowment Foundation – Statements of Activities ..................... 5 Statements of Cash Flows ................................................................................................................... 6 Notes to Financial Statements ............................................................................................................ 8
Independent Accountants’ Report Board of Directors Healthcare Authority of the City of Wellington, Kansas Governing Body for St. Luke’s Hospital d/b/a Sumner Regional Medical Center Wellington, Kansas We have audited the accompanying basic financial statements of St. Luke’s Hospital d/b/a Sumner Regional Medical Center, a component unit of the City of Wellington, Kansas, and its discretely presented component unit as of December 31, 2011 and 2010, as listed in the table of contents. These financial statements are the responsibility of the Hospital’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America and the Kansas Municipal Audit Guide. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of St. Luke’s Hospital d/b/a Sumner Regional Medical Center and its discretely presented component unit as of December 31, 2011 and 2010, and the respective changes in financial position and cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. Management has omitted management’s discussion and analysis that accounting principles generally accepted in the United States of America require to be presented to supplement the basic financial statements. Such missing information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic statements in an appropriate operational, economic or historical context. Our opinions on the basic financial statements are not affected by this missing information. June 14, 2012
Page 1: St. Luke’s Hospital d/b/a Sumner
Page 5 and 6: St. Luke’s Hospital d/b/a Sumner
Page 23: St. Luke’s Hospital d/b/a Sumner

St. Luke's Hospital d/b/a Sumner Regional Medical Center

Create successful ePaper yourself

Delete template?

Save as template?