Annual Report and Accounts 2012/13 - Royal Bournemouth Hospital

Financial AccountsContentsFinancial AccountsPage numbersThe Foundation Trust 3Foreword 4Accounting Officer’s Statement 5Annual Governance Statement 6Auditors’ Report 15The Primary StatementsStatement of Comprehensive Income 17Statement of Financial Position 18Statement of Changes in Taxpayers’ Equity 19Statement of Cash Flows 20Notes to the accountsNote 1: Accounting policies 21Note 2: Operating segments 32Note 3: Income generation activities 32Note 4: Operating income 32Note 5: Private patient cap 33Note 6: Mandatory and non-mandatory income from activities 33Note 7: Operating expenses 34Note 8: Operating leases 35Note 9: Staff costs and numbers 36Note 10: Retirements due to ill-health 37Note 11: The Late Payment of Commercial Debts (Interest) Act 1998 37Note 12: Investment revenue 37Note 13: Finance costs 37Note 14: Intangible assets, property, plant and equipment 38Note 15: Impairment of property, plant and equipment 39Note 16: Capital commitments 39Note 17: Inventories 39Note 18: Trade and other receivables 40Note 19: Cash and cash equivalents 41Note 20: Trade and other payables 41Note 21: Borrowings 42Note 22: Finance lease obligations 42Note 23: Prudential borrowing limit 43Note 24: Provisions for liabilities and charges 44Note 25: Related party transactions 44Note 26: Post statement of financial position events 46Note 27: Financial risk management 46Note 28: Financial instruments 47Note 29: Intra-government and NHS balances 48Note 30: Losses and special payments 49Note 31: Judgement and estimations 49Note 32: Senior manager remuneration 50Note 33: Senior manager pension entitlements 502Annual Report and Accounts 2012/13