19.06.2015 Views

Annual Report - Central Manchester University Hospitals - NHS ...

Annual Report - Central Manchester University Hospitals - NHS ...

Annual Report - Central Manchester University Hospitals - NHS ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Better Payment Practice Code - measure of compliance<br />

9 Months to 31st December 2008<br />

Number £000<br />

Total Non-<strong>NHS</strong> trade invoices paid in the nine months to 31st December 2008 112,565 184,290<br />

Total Non <strong>NHS</strong> trade invoices paid within target 99,657 157,802<br />

Percentage of Non-<strong>NHS</strong> trade invoices paid within target 89% 86%<br />

Total <strong>NHS</strong> trade invoices paid in the nine months to 31st December 2008 5,126 55,607<br />

Total <strong>NHS</strong> trade invoices paid within target 3,595 44,087<br />

Percentage of <strong>NHS</strong> trade invoices paid within target 70% 79%<br />

The Better Payment Practice Code requires the Trust to aim to pay all undisputed invoices by the due date or within 30 days of<br />

receipt of goods or a valid invoice, whichever is later.<br />

The Late Payment of Commercial Debts (Interest) Act 1998<br />

The Trust made no payments under The Late Payment of Commercial Debts (Interest) Act 1998 in the nine months to 31st<br />

December 2008 (£11k 2007/08).<br />

Management costs<br />

9 Months to<br />

2007/08<br />

31st December 2008<br />

£000<br />

£000<br />

Management costs 14,023 15,452<br />

Income 454,835 567,451<br />

Management costs as a proportion of income (%) 3.08% 2.72%<br />

Management costs are defined as those on the management costs website at www.dh.gov.uk/PolicyAndGuidance/<br />

OrganisationPolicy/FinanceAndPlanning/<strong>NHS</strong>ManagementCosts/fs/en..<br />

page 32<br />

<strong>Central</strong> <strong>Manchester</strong> and <strong>Manchester</strong> Children’s <strong>University</strong> <strong>Hospitals</strong> <strong>NHS</strong> Trust

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!