Portland District Health Annual Report 2005 - South West Alliance of ...

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Portland District HealthNotes to and Forming Part of the Financial Statements for the Year Ended 30 June 2005Note 20: Lease LiabilitiesAggregate Lease Expenditure contracted for at Balance Date. 2005 2004Operating Lease $’000 $’000Not later than one year 8 49Later than 1 but not later than five 6 46yearsTotal 14 95Finance LeaseCommitment in relation to financeleases are payable as follows:Not later than one year 4 53Later than 1 but not later than five years - 163Total 4 216Minimum Lease Payments 4 216Less Future Finance Charges - (36)Total 4 180Representing Lease LiabilitiesCurrent 4 102Non-Current - 209Total 4 311Note 21: S.W.A.R.H. AllianceThe Hospital has 11.40% interest in the S.W.A.R.H. Alliance whose principal activity is the implementing and processing of an informationtechnology system and an associated telecommunication service suitable for use by each member hospitalThe hospitals share of assets, liabilities and income is: 2005 2004$’000 $’000Current AssetsCash Asset 83 87Receivables 36 10Prepayments 6 30Total 125 127Non-current assetsBuildings 158 166Plant & Equipment (112) (95)Total 46 71Total Assets 171 198Current LiabilitiesPayables 41 45Employee Entitlements 17 10Total Liabilities 58 55Share of Net Result of Associates & Joint Ventures (31) (34)for using Equity ModelThese assets and liabilities are included in the Statement of Financial Position for Portland District Health.68
Portland District HealthNotes to and Forming Part of the Financial Statements for the Year Ended 30 June 2005Note 22: Contingent Liabilities/AssetsAs at balance date the Board of Management is unaware of the existence of any contingent liabilities/assets that may have a material effect on theStatement of Financial Performance as a result of any future event which may or may not happen.Note 23: SuperannuationSuperannuation contributions for the reporting period are included as part of salaries and associated costs in the Statement of Financial Performanceof the Hospital.The name and details of the major employee superannuation fund and contributions made by the Hospital are as follows:Contribution for the year 2005 2004$000 $000Health Super Fund 1,366 1,400Total 1,366 1,400The unfunded superannuation liability in respect to members of State Superannuation Schemes and Health Super Scheme is not recognised in theStatement of Financial Position. Portland District Health’s total unfunded superannuation liability in relation to these funds has been assumed byand is reflected in the financial statements of the Department of Treasury and Finance.The above amounts were measured as at 30 June of each year, or in the case of employer contributions they relate to the years ended 30 June.All employees of the agency are entitled to benefits on retirement, disability or death from the Government Employees Super Fund. This fundprovides defined lump sum benefits based on years of service and annual average salary.In accordance with the Directions of the Minister for Finance under the Financial Management Act 1994, contributed income sector bodies arerequired to make certain disclosures regarding superannuation. Accordingly the following items are disclosed;(i) Name of the Fund - Health Super Fund(ii) Total contributions made by the Hospital to the schemes during 2004-05 were $1,366,475(iii) As at balance date there were no outstanding contributions in respect of the 2004-05 financial year;(iv) Contributions are paid in accordance with the Hospitals Superannuation Act 1988 and the State Superannuation Act 1988;(v) There were no loans made from the Hospitals Superannuation Fund to the Hospital.Note 24: Valuation of Land & BuildingsPortland & District Hospital contracted the services of Alison Mcleod AAPI from Land Link Property Group to revalue the land and buildingsowned by Portland & District Hospital. Valuations were completed on 30/6/03 and totalled $2,900,000 for Land (previously $1,000,000 - 1999)and $22,900,000 for buildings (previously $19,000,000 - 1999). These assets were transferred to Portland District Health on 1st July 2003 and inthe Board of Management’s opinion, there is no material change to the value of these assets.Note 25: Amalgamation Portland & District Hospital and Portland & District Community Health CentreAn order pursuant to Sections 8(1), 33(7), 34(1) and 65 of the Health Services Act 1988 confirmed that the amalgamation of Portland and DistrictHospital and Portland & District Community Health Centre proceed and that the new entity would be known as Portland District Health.The order took effect on 1 July 2003.The net assets of the two entities were recognised as Contributed Capital in the Statement of Financial position of the new Entity.Portland & District Portland and District TotalHospital Community Health 2003CentreTotal Assets 33,175 238 33,413Total Liabilities 8,237 108 8,345Net Assets 24,938 130 25,06869
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Portland District HealthAnnual & Qu
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PORTLAND DISTRICT HEALTH2nd Annual
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DIRECTOR OFMEDICAL SERVICESAudiolog
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President & Chief Executive Officer
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Primary Care ServicesOur primary ca
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Services provided in 2004/05During
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findings in other organisations, de
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Patient Education - MedicationsInvo
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Complaints and ComplimentsBecause y
Page 20 and 21: During the hospital stay there is a
Page 22 and 23: usy year. 364 client’s accessed s
Page 24 and 25: The increased demands for documenta
Page 26 and 27: Medical Services DivisionKey Points
Page 28 and 29: Primary and Community Health Servic
Page 30 and 31: Shire, Windamara, Dhauwurd-WurrungA
Page 32 and 33: Performance2005 has seen the birth
Page 34 and 35: activity was held at the Portland K
Page 36 and 37: We would like to thank the Engineer
Page 38 and 39: information that will help us to en
Page 40 and 41: Sea View House ~ A Resident’s Vie
Page 42 and 43: Comparative Statistics for the Past
Page 44 and 45: Comparative Financial Analysis2003/
Page 46 and 47: Officers and Office BearersNursing
Page 48 and 49: Donors & SponsorsDonors $ $Dipalo,
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Page 52 and 53: Portland District HealthAccountable
Page 54 and 55: Portland District HealthStatement o
Page 56 and 57: Portland District HealthNotes to an
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