Item 8 - Sheffield Health and Social Care

The Accounts of Sheffield Health and Social Care NHS Foundation Trust for the period ending 31st March2013 follow. The four primary statements; the Statement of Comprehensive Income (SOCI), the Statementof Financial Position (SOFP), the Statement of Changes in Taxpayers’ Equity (SOCITE), and the Statementof Cashflows (SCF) are presented first. These are followed by the supporting notes to the accounts.Note 1 outlines the Foundation Trust’s accounting policies. Subsequent notes provide further detailon lines in the four primary statements and are cross referenced accordingly.The financial statements (Accounts) were approved by the Board on 28th May 2013 and signed on itsbehalf by:Signed: (Chief Executive) Date: 28th May 2013Statement of comprehensive income for the year ended and this year endNote 2012/13£0002011/12£000Operating income 2, 3 128,382 122,547Operating expenses 2, 4 (122,994) (118,466)Operating surplus 5,388 4,081Finance costs:Finance income 6 234 189Finance expense – financial liabilities 7 (87) (88)Unwinding of discount on provisions 18 (17) 0Public dividend capital dividends payable (1,986) (2,191)Net finance costs (1,856) (2,090)Movement in fair value of investment property 10 (20) 0Surplus for the year 3,512 1,991Other comprehensive incomeImpairments (losses) (1,587) (19)Revaluation gains/(losses) 416 258Actuarial gains on defined benefit pension schemes 987 778Actuarial losses on defined benefit pension schemes (1,122) (819)Total comprehensive income for the year 2,206 2,189Statement of financial position as at and this year endNote31 March2013£00031 March2012£000Non-current assetsIntangible assets 8 16 15Property, plant and equipment 9 54,528 55,342Investment property 10 180 200Trade and other receivables 12 3,751 2,921Total non-current assets 58,475 58,478Current assetsInventories 11 106 163Trade and other receivables 12 3,465 3,798Cash and cash equivalents 13 22,731 17,028Total current assets 26,301 20,989Total assets 84,777 79,467Current liabilitiesTrade and other payables 15 (5,776) (4,910)Taxes payable 15 (1,868) (2,013)Provisions 18 (1,131) (201)Other liabilities 16 (216) (204)Total current liabilities (8,991) (7,328)Non-current assets plus net current assets 75,786 72,139Non-current liabilitiesProvisions 18 (680) (392)Other liabilities 16 (3,867) (2,714)Total non-current liabilities (4,547) (3,106)Assets less liabilities 71,239 69,033Financed by taxpayers' equity:Public dividend capital 33,572 33,572Revaluation reserve 17,191 18,523Income and expenditure reserve 20,476 16,938Total taxpayers' equity 71,239 69,033153154