Annual Report 2017-18 | Monash Health

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Notes to the Financial Statements Monash Health Annual Report 2017/2018 Note 8.10: Controlled entities Name of entity Country of incorporation Equity Holding Kitaya Holdings Pty Ltd Australia 100% (trading as Jessie McPherson Private Hospital) CONTROLLED ENITITES CONTRIBUTION TO THE CONSOLIDATED RESULTS 2018 2017 Kitaya Holdings Pty Ltd 100% 100% 136 Monash Health Annual Report 2017-18
Note 8.11: Economic dependency Notes to the Financial Statements Monash Health Annual Report 2017/2018 Monash Health is wholly dependent on the continued financial support of the State Government and in particular, the Department of Health and Human Services. The Department of Health and Human Services has provided confirmation that it will continue to provide Monash Health adequate cash flow support to meet its current and future obligations as and when they fall due for a period up to September 2019. The hospital’s current asset ratio improved slightly but continues to be below an adequate short term position (2018: 0.51 and 2017: 0.48) while cash generated from operations fell to a surplus of $79m from $112m in 2017. Cash reserves increased to $160m from $116m in 2017. A letter confirming adequate cash flow was also provided in the previous financial year. The financial statements have been prepared on a going concern basis. 137
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Annual Report 2017-18
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Contents Our care at a glance 4 Re
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Monash Health is proud to provide h
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Barbara Yeoh AM Chair of the Board
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The year in review Delivering excep
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Baby Harry goes home after 176 days
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Telehealth pilot program saves John
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Trial provides treatment at home fo
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Happy 1st birthday Monash Children
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In FY 2017-18: 470 New research pro
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MonashHeart and Monash University r
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Support Officer, Tracey Stephens, r
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Professor Barbara Workman received
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Our community Refugee Week 2018 In
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A journey starts with one small ste
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Our services Monash Health provides
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Office of the Chief Executive Stuar
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After developing symptoms, Brendan
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Clinical governance report Monash H
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Bicycle Facilities Monash Health ha
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Members of the Board of Directors M
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Dr Misty Jenkins BSc (Hons), PhD, M
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Fees and charges Application fees c
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Legislation Requirement Page refere
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Statement of Priorities - Part A He
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Health Service Deliverables Strengt
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Target 2017-2018 Result Adverse eve
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Target 2017-2018 Result Specialist
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2017-18 Activity Achievement Subacu
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Disclosure Details of Information a
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Consultant Purpose of Consultancy S
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Independent Auditor’s Report To t
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Monash Health Annual Report 2017/20
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Monash Health Statement of Changes
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Notes to the Financial Statements M
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Notes to the Financial Statements M
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Note 2.1: Analysis of revenue by so
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Note 2.1: Analysis of revenue by so
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Note 3: The cost of delivering our
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Page 121 and 122: Note 7.1: Financial instruments (co
Page 135: Notes to the Financial Statements M
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Annual Report 2017-18 | Monash Health

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