AH ANNUAL REPORT 2018

FINANCIAL PERFORMANCE
The Trust ended the year with a surplus of £6m.
Included within this are ‘normalising items’ which
are one-off technical adjustments that are not part
of the trust normal business activities and financial
performance. There were also additional exceptional
one off items and incentive Sustainability Funding.
Therefore the surplus that the Trust achieved from day
to day business was £1.2m.
The Trust’s surplus/(deficit) on a control total basis:
Surplus/(Deficit) for the year
6,008
2,582
2017/18
£000 2016/17
£000
Surplus/(Deficit) for the Year 6,008 2,582
Exceptional Items
Impairment
Donated Income
Donated Depreciation
Gain/loss on Disposal of Assets
STF Funding Relating to 2016/17
NHS Improvement Surplus/
(Deficit) on Control Total Basis
18,631
(4,681)
2,101
(93)
2,239
(2,704)
1,814
(402)
21,966 (3,529)
2017/18 2016/17
NHS
Improvement
Surplus/
(Deficit) on
Control
Total Basis
One Off Exceptional Items
Incentive and bonus STF Funding
(8,150)
(12,563) (2,500)
2017/18 - £21,996
Trading Surplus 1,253 (6,029)
Capital expenditure for the year was £16.8m. This
expenditure related to medical equipment, IT and the
continued development of the Alder Hey campus.
The Trust had a cash balance of £12.2m at the end of
March 2018.
2016/17 - £3,529
TRADING
SURPLUS
2017/18 2016/17
£1,253 (£6,029)
Capital
expenditure
for the year
£16.8m
Alder Hey Children’s NHS Foundation Trust 21
Annual Report & Accounts 2017/18