2011-2012 Annual Report - Sherbourne Health Centre

Financials 2011-2012Sherbourne Health Centre CorporationStatement of operations year ended March 31, 2012Revenue 2012 2011Ministry of Healthand Long-Term Care(“MOHLTC”) andCentral Local Health $ 7,212,540 $ 7,388,267Integration Network(“Toronto CentralLHIN”) fundingAmortization ofdeferred capital$ 1,196,974 $ 1,288,109contributions (Note 6)Family Health Team $ 2,642,862 $ 2,366,617Fundraising $ 230,270 $ 135,929MOHLTC HealthResearch Grants$ 904,740 $ 920,360Other grants andguarantors$ 44,400 $ 60,351Trans Health Grant $ 171,633 $ 2,391SupportingCommunities$ 53,420 $ 53,420Partnership InitiativeOther revenue andrecoveries$ 135,719 $ 83,027Interest –– $ 13,626$ 12,592,558 $ 12,312,097Expenses 2012 2011Building services andutilities$ 1,561,504 $ 1,633,613Finance $ 490,673 $ 356,037Information systems $ 471,874 $ 517,623Administration $ 534,529 $ 483,434Communications $ 26,737 $ 28,191Human resources $ 272,088 $ 359,677Fundraising $ 77,558 $ 77,361Clinical servicePrimary care andFamily Health Team$ 3,773,741 $ 3,601,419Infirmary $ 1,402,452 $ 1,323,027LGBTT primary care $ 1,746,017 $ 1,403,216Health bus/mobile $ 567,962 $ 611,612Naturopathic clinic $ 37,842 $ 38,648Trans Health $ 171,633 $ 2,391Rainbow Health Ontario $ 783,693 $ 770,303Amortization of capitalassets$ 1,223,714 $ 1,308,948$ 13,142,017 $ 12,515,500Deficiency of revenueover expenses$ (549,459) $ (203,403)12