Annual Report

Annual Report

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ANNUAL FINANCIAL REPORT INDEX

Allocation of Resources for the Provision of Patient Care 1998-1999

Condensed Balance Sheet

Condensed Statement of Operations

Auditors' Report

Record of Employees' 1998 Salaries and Benefits

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Allocation of  Resources for the Provision of  Patient Care 1998-1999

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Condensed Balance Sheet
(March 31, 1999)

1999

1998

Assets

In Thousands of Dollars

In Thousands of Dollars

Current assets

  $16,092

   $29,040

Long-term investments

   14,664

-

Capital assets, net

    76,213

     77,799

Total

$106,969

$106,839

Liabilities and Net Assets

 

 

Current liabilities

$16,900

   $16,433

Deferred capital contributions

45,492

    45,370

Net Assets

44,577

   45,036

$106,969

$106,839


Condensed Statement of Operations
(March 31, 1999)

1999

1998

In Thousands of Dollars

In Thousands of Dollars

Revenue

$111,251

$104,556

Expenses

111,710

103,975

Excess (deficiency) of revenue over expenses for the year

(459)

581


Auditors' Report

We have audited, in accordance with generally accepted auditing standards, the financial statements of The Credit Valley Hospital for the year ended March 31, 1999 and have reported thereon without reservation to the members on April 30, 1999. Our audit included the accompanying condensed balance sheet and condensed statement of operations.

In our opinion, the accompanying condensed financial statements fairly summarize the related information contained in the full financial statement which we audited.

Mississauga, Canada, Chartered Accountants

April 30, 1999.

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Record of Employees' 1998 Salaries and Benefits

Calendar Year

Sector

Employer

Surname

Given Name

Position

Salary Paid

Taxable Benefits

1998

Health

CVH

Fyffe

Wayne

President & CEO

$195,999.99

$11,931.66

1998

Health

CVH

King

Doug

Vice President

$102,546.20

$4,048.77

1998

Health

CVH

Rowe

David

Sr. Vice President

$132,238.80

$6,540.54

1998

Health

CVH

Truman

Vicki

Vice President

$110,188.71

$5,660.97

1998

Health

CVH

Bachle

Margaret

Vice President

$114,901.43

$4,062.69

1998

Health

CVH

Bandler

Norma

Vice President

$107,500.21

$4,085.76

1998

Health

CVH

Sue-Chue-Lam

Andrew

Pathologist

$161,264.35

$253.90

1998

Health

CVH

Geddie

William

Pathologist

$161,305.47

$253.90

1998

Health

CVH

Feltis

J. Timothy

Pathologist

$161,264.38

$253.90