Trinity Health Annual Report 2008
Trinity Health Annual Report 2008
Trinity Health Annual Report 2008
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TOTAL ASSETS (in millions of dollars)<br />
DEBT-TO-CAPITALIZATION (in precentages)<br />
8,219<br />
8,933<br />
9,092<br />
7,023<br />
7,505<br />
38 36<br />
33 32<br />
30<br />
2004 2005 2006 2007 <strong>2008</strong><br />
2004 2005 2006 2007 <strong>2008</strong><br />
<strong>Trinity</strong> <strong>Health</strong>’s balance sheet remains strong with continued annual<br />
growth in assets despite current year investment market declines.<br />
UNRESTRICTED REVENUE (in millions of dollars)<br />
<strong>Trinity</strong> <strong>Health</strong>’s debt-to-capitalization ratio has decreased<br />
favorably due to strong operating performance. <strong>Trinity</strong> <strong>Health</strong>’s<br />
ratio is consistent with long-range targets.<br />
NET INCOME (in millions of dollars)<br />
998<br />
5,063<br />
5,458<br />
5,773<br />
6,110<br />
6,383<br />
594<br />
328<br />
243<br />
128<br />
2004 2005 2006 2007 <strong>2008</strong><br />
2004 2005 2006 2007 <strong>2008</strong><br />
<strong>Trinity</strong> <strong>Health</strong> has continued the trend in improving its operating<br />
revenue. The increase of 4.5 percent over the prior year was primarily<br />
due to growth in the volume of services provided to our communities,<br />
payment rate increases and the acquisitions of affiliates.<br />
<strong>Trinity</strong> <strong>Health</strong> generated an excess of revenue over expenses<br />
of $128 million in FY08 reflecting strong operating results offset<br />
partially by negative investment earnings of $198 million due<br />
to unfavorable market conditions.<br />
27
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