COMMUNITY HEALTH NETWORK, INC. & AFFILIATED ENTITIES Continuing Disclosure Information As of and for the Six Months Ended June 30, 2015 and 2014
|
|
- Esmond Rice
- 5 years ago
- Views:
Transcription
1 COMMUNITY HEALTH NETWORK, INC. & AFFILIATED ENTITIES Cntinuing Disclsure Infrmatin As f and fr the Six Mnths Ended June 30, 2015 and 2014 A-1
2 Cmmunity Health Netwrk, Inc., an Indiana nn-prfit crpratin and its nn-prfit and fr-prfit affiliates (cllectively the Netwrk ) cmprises a full-service integrated health delivery system in central Indiana. The Netwrk is a central Indiana health system cnsisting f eight acute care and/r specialty hspitals, seven immediate care centers, ver 500 primary care and specialty emplyed physicians, frty ambulatry care centers, nine freestanding surgery centers, seven utpatient imaging centers, tw ambulatry endscpy centers, fur nursing hmes and assisted living facilities. The principal perating subsidiaries cnsist f the fllwing: Cmmunity Health Netwrk, Inc. -(Credit Grup member) Indiana Heart Hspital, LLC d/b/a Cmmunity Heart and Vascular Hspital- (Credit Grup member) Visinary Enterprises, Inc. -(Credit Grup member) Cmmunity Hward Reginal Health, Inc.- (Credit Grup member) Cmmunity Hspital f Andersn and Madisn Cunty, Inc.- (Credit Grup member) Indiana Ostepathic Hspital, Inc. and Affiliates d/b/a Cmmunity Westview Hspital Cmmunity Physicians f Indiana, Inc. d/b/a Cmmunity Physicians Netwrk Cmmunity Health Netwrk Fundatin, Inc. Cmmunity Hme Health Services, Inc. Effective September 18, 2014, the Netwrk acquired a htel business and related assets. On December 23, 2014, the Netwrk ceased peratins f the htel. Effective Octber 1, 2014, the Indiana Heart Hspital, LLC ( TIHH ) was merged int Cmmunity Health Netwrk, Inc. ( CHNw ). Thus, TIHH s financial results are cmbined with CHNw s financial results beginning Octber 1, Effective December 19, 2014, the Netwrk ceased peratins f Midwest Racquetball, Inc. a whlly wned subsidiary f Cmmunity Hward Reginal Health, Inc. Midwest Racquetball, Inc. was legally disslved December 22, Histrical Financial Infrmatin The unaudited cnslidated financial statements include all adjustments, cnsisting f nrmal recurring and ther accruals, which the management f the Netwrk cnsiders necessary fr a fair presentatin f financial psitin and results f peratins and changes in net assets fr these perids. Operating results fr the six mnths ended June 30, 2015 are nt necessarily indicative f the results that may be expected fr the entire year ending December 31, The audited cnslidated financial statements at December 31, 2014 and 2013 are psted n the Digital Assurance Certificatin, L.C.C. ( DAC ) website at The Netwrk currently participates in the DAC disclsure system. A-2
3 Cmmunity Health Netwrk, Inc. and Affiliates Summary Financial Infrmatin Cnslidated Balance Sheets June 30, December 31, June 30, (unaudited) (audited) (unaudited) Assets Current assets Cash and cash equivalents $ $ $ Restricted cash Patient accunts receivable, net Other current assets Ttal current assets Assets limited as t use Bard designated funds Funds held by trustee, net f current prtin Reinsurance trust assets Prperty, plant and equipment, net Capitalized sftware csts, net Deferred financing csts, net Due t uncnslidated affiliates and related parties 6.2 (1.0) 32.0 Other assets Ttal assets $ 2,274.7 $ 2,170.4 $ 2,173.3 Liabilities and Net Assets Current liabilities Current prtin f lng-term debt $ 23.4 $ 22.4 $ 21.9 Shrt-term brrwings Other current liabilities Ttal current liabilities Accrued pensin benefit cst (163.5) (14.3) 11.2 Other liabilities Pensin underfunded liability- lng-term Lng-term debt, net f current prtin Ttal liabilities 1, , ,022.0 Net assets Unrestricted 1, , ,123.8 Temprarily restricted Permanently restricted Ttal net assets befre nn-cntrlling interest 1, , ,135.4 Nn-cntrlling interest Ttal net assets 1, , ,151.3 Ttal liabilities and net assets $ 2,274.7 $ 2,170.4 $ 2,173.3 A-3
4 Cmmunity Health Netwrk, Inc. and Affiliates Unaudited Summary Financial Infrmatin Cnslidated Statements f Operatins and Changes in Net Assets Six Mnths Ended June 30, ($ in millins) Change in Unrestricted Net Assets Ttal unrestricted revenues and gains $ $ Operating expenses Salaries, benefits and pensin Other expenses Depreciatin and amrtizatin Interest Ttal perating expenses Incme frm peratins Investment incme- realized/unrealized Other, net (.5) - Excess f revenues ver expenses befre federal incme taxes Prvisin fr incme taxes Excess f revenues ver expenses Less: Excess f revenues ver expenses attributable t nncntrlling interest (9.1) (8.0) Excess f revenues ver expenses attributable t Netwrk Change in nn-cntrlling interest 4.2 (2.3) Other changes Increase in unrestricted net assets Change in Temprarily Restricted Net Assets Decrease in temprarily restricted net assets (1.6) - Change in Permanently Restricted Net Assets Increase in permanently restricted net assets.1 - Increase in net assets Net assets, beginning f perid 1, ,041.4 Net assets, end f perid $1,128.8 $ 1,151.3 A-4
5 Management Discussin f Histrical Financial Perfrmance Six Mnths Ended June 30, 2015 The Netwrk s perating margin fr the six mnths ended June 30, 2015 was an perating margin f 9.3% r $92.1 millin as cmpared t a planned perating margin f 5.1% r $48.8 millin and a prir year margin f 9.3% r $87.5 millin. The Netwrk s YTD 2015 perating margin was impacted by the fllwing as cmpared t prir year: Inpatient Inpatient admissins increased 4.3%. All Netwrk inpatient facilities experienced an increase in inpatient admissins except fr the Netwrk s West hspital which experienced a decrease primarily due t the clsures f its psych and rehab business in 2014 and the Netwrk s Kkm hspital; Inpatient surgeries increased by 5.3%. All Netwrk facilities experienced an increase in inpatient surgeries except fr the Netwrk s East hspital which experienced a slight decrease; Births increased 2.0%. All Netwrk facilities experienced an increase in births except fr the Netwrk s Kkm hspital. Outpatient Emergency rm visits increased 9.0%. All Netwrk facilities experienced an increase; Emplyed physician wrvus increased 13.0%; Imaging scans increased 9.3%. All Netwrk facilities experienced an increase except fr the Netwrk s Kkm hspital; Outpatient surgeries increased 1.4%. The Netwrk s free standing Indiana surgery centers experienced a 6.8% increase while the Netwrk s hspital based surgeries increased 1.1% Uncmpensated Care, Payr Mix and Case Mix Index Uncmpensated care as a percentage f ttal patient revenue was 3.3% fr the six mnths ended June 30, 2015 as cmpared t 4.4% fr the six mnths ended June 30, 2014 and a budgeted percentage f 4.6%. The Netwrk s Case Mix Index imprved frm 1.48 as June 30, 2014 t 1.52 at June 30, Cmparing YTD 2015 t YTD 2014, the Netwrk experienced a favrable shift in self-pay payr mix and ther cmmercial. The Netwrk s payer mix is as fllws: June 30, 2015 June 30, 2014 Payer Mix Medicare 44.1% 44.3% Medicaid 14.2% 14.9% Wellpint 18.4% 19.2% Self-pay 5.1% 6.1% Other cmmercial 18.2% 15.5% The imprvement in payr is driven by mre patients becming cvered by insurance prducts including the Anthem Exchange prducts as well as HIP 2.0. A-5
6 The Netwrk s revenue deductins including bad debts as a percentage f ttal patient revenue decreased frm 66.6% fr the six mnths ended June 30, 2014 t 66.3% fr the six mnths ended June 30, The Netwrk s ttal margin fr the six mnths ended June 30, 2015 was 8.5% as cmpared t a prir year ttal margin f 11.8%. The Netwrk s ttal margin was favrably impacted by gains recgnized n the Netwrk s bard designated funds. The Netwrk recgnized unrealized gains f $.3 millin plus $5.1 millin f dividends and interest n its bard designated funds fr the six mnths ended June 30, The Netwrk marks t market its investments n a mnthly basis. The net days in accunts receivable was 48 days fr the Netwrk at June 30, 2015 as cmpared t 42 days at June 30, The Netwrk s days cash n hand was 177 days at June 30, 2015 as cmpared t 182 days at June 30, On April 13, 2015, the Netwrk Bard f Directrs apprved management s request t terminate it defined benefit pensin plan effective June 30, On April 14, 2015, the Netwrk drew dwn $150.0 millin n a bridge line f credit. On April 15, 2015, the $150.0 millin was used t prefund the Netwrk s defined benefit retirement plan. Prceeds f the plan will nt be distributed t participants until the Netwrk receives a favrable determinatin letter frm the Internal Revenue Service. The Netwrk anticipates receiving such a letter during In June 2015, the Netwrk issued $202.0 millin f taxable bnds t repay the $150.0 millin bridge line f credit referenced abve as well t pay the csts f varius cnstructin and renvatins prjects. In July 2015, the Netwrk paid $20.4 millin as a settlement fr a billing matter with the federal gvernment. A-6
COMMUNITY HEALTH NETWORK, INC. & AFFILIATED ENTITIES
COMMUNITY HEALTH NETWORK, INC. & AFFILIATED ENTITIES Unaudited Consolidated Financial Statements As of and for the Quarter Ended March 31, 2012 and A-1 Quarterly Financial Information Community Health
More informationDANAHER CORPORATION RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES. Three-Month. Three-Month Period
Adjusted Diluted Net Earnings Per Share frm Cntinuing Operatins Diluted Net Earnings Per Share frm Cntinuing Operatins (GAAP) 29, 30, 29, 30, $ 0.81 $ 0.57 $ 2.29 $ 2.01 Pretax amrtizatin f acquisitin-related
More informationQ1' FY16 Q1' FY17 Y/Y Chg Sales $ 4,600.8 $ 4,173.4 $ (427.4) Gross Profit $ $ $ (37.8) Gross Profit Margin 12.2 % 12.
$ in millins - except per share data Octber 1, 2016 CFO Review f Fiscal 2017 First Quarter Results Discntinued Operatins On September 19, 2016, Avnet, Inc. annunced that it had entered int an agreement
More informationUnaudited Interim Condensed Consolidated Financial Statements As at and for the six month period ended 30 June 2017
Unaudited Interim Cndensed Cnslidated Financial Statements As at and fr the six mnth perid ended 31 July 2017 Telefónica Celular del Paraguay S.A. Cnslidated Financial Statements fr the six-mnth perid
More informationNewsRelease. Third Quarter 2015 Highlights (All financial figures are unaudited) o
NewsRelease TC PipeLines, LP Annunces 2015 Third Quarter Financial Results Agrees t purchase a 49.9% interest in Prtland Natural Gas Transmissin frm TransCanada Hustn, Texas Nvember 6, 2015 TC PipeLines,
More information66M PROFIT IN Q AND 20% INCREASE IN ANNUALIZED RENT
Q3 & 9M 2017 RESULTS 66M PROFIT IN Q3 2017 AND 20% INCREASE IN ANNUALIZED RENT PROFIT TO FUEL ACCELERATED GROWTH EPRA NAV/SHARE FFO I/SHARE EARNINGS/ SHARE NET LTV 2.17 0.07 0.24 42% +11% +4% +4% -100bps
More informationFull Year 2016 Highlights and Fourth Quarter Highlights (All financial figures are unaudited) Full Year Highlights o o o o o
NewsRelease TC PipeLines, LP Annunces 2016 Furth Quarter and Year End Financial Results Receives Offer frm TransCanada t Purchase Interests in the Irquis and PNGTS Systems HOUSTON, Texas February 27, 2017
More informationFinancial Statement Analysis, (FIN-621)
Lessn-5 ACCOUNTING CYCLE/PROCESS (Cntinued) Preparing Balance Sheet frm Trial Balance: We have assumed that the first mnth i.e. July was taken up in setting up f the business and n business activity as
More informationTC PipeLines, LP Announces 2017 First Quarter Financial Results and Agreement to Acquire Interests in Iroquois and PNGTS
NewsRelease TC PipeLines, LP Annunces 2017 First Quarter Financial Results and Agreement t Acquire Interests in Irquis and PNGTS Hustn, Texas May 4, 2017 TC PipeLines, LP (NYSE: TCP) (the Partnership)
More informationNet Income $ $ $ (65.4) Adjusted Net Income (1) $ $ $ (61.0)
$ in millins - except per share data CFO Review f Fiscal 2016 Furth Quarter Results Fiscal 2016 Results Fiscal Years Ended July 2, 2016 June 27, 2015 Net Chg Sales $ 26,219.3 $ 27,924.7 $ (1,705.4) Grss
More informationLooking Back at 2017
Budget Wrkshp March 12, 2018 Lking Back at 2017 2017 Revenue Results 2017 Anticipated Revenue cllectins exceeded budgeted amunts by apprximately $170,000: Psitive Results: Building Dept. Fees $437,000
More informationColliers International Group Inc.
Clliers Internatinal Grup Inc. Third Quarter 2016 Financial Results Octber 28, 2016 Frward-Lking Statements Certain statements included herein cnstitute frward lking statements within the meaning f the
More informationManitex International, Inc. (NASDAQ:MNTX)
Manitex Internatinal, Inc. (NASDAQ:MNTX) Cnference Call Secnd Quarter 2016 August 4th, 2016 Frward Lking Statements & Nn GAAP Measures Safe Harbr Statement under the U.S. Private Securities Litigatin Refrm
More informationFirm Evaluation & Financial Statement Analysis
Firm Evaluatin & Financial Statement Analysis Evaluate Cmmunity ED Benefits: Triple Bttm Line Assess Business Plan and Prspects Diagnse financial cnditin, perfrmance, debt capacity f firm Analyze financial
More informationAnnual Investment Policy Report. Board of Trustees Finance & Audit Workgroup August 16, 2012
Annual Investment Plicy Reprt Bard f Trustees Finance & Audit Wrkgrup August 16, 2012 Annual Investment Plicy Reprt EXECUTIVE SUMMARY Investment Perfrmance (As f 3/31/12) 1-Year Return = 3.35%, 0.35% ver
More informationCalifornia Water Service Group First-Quarter 2018 Earnings Call Presentation
Califrnia Water Service Grup First-Quarter 2018 Earnings Call Presentatin April 26, 2018 Frward-Lking Statements This presentatin cntains frward-lking statements within the meaning established by the Private
More informationAct No. 72 to Amend the Puerto Rico Internal Revenue Code of 2011
June 3, 2015 www.mcvpr.cm TAX ALERT Act N. 72 t Amend the Puert Ric Internal Revenue Cde f 2011 On May 29, 2015, the Gvernr f Puert Ric signed int law Act N. 72 (the Act ) t amend the existing Puert Ric
More informationThomson Reuters Reports Fourth-Quarter and Full-Year 2017 Results
Thmsn Reuters Reprts Furth-Quarter and Full-Year 2017 Results TORONTO, February 8, 2018 Thmsn Reuters (TSX/NYSE: TRI) tday reprted results fr the furth quarter and full year ended December 31, 2017. As
More informationPRESS RELEASE. Results at a Glance
PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED 30 th JUNE 2013 Results at a Glance Net Prfit fr Q1FY14 grws 22% YOY and is `1,409 crres The Bank s Retail franchise cntinues t
More informationMasco Corporation Reports Fourth Quarter and 2017 Year-End Results February 08, 2018
Masc Crpratin Reprts Furth Quarter and 2017 Year-End Results February 08, 2018 2017 Furth Quarter Key Highlights Sales fr the furth quarter increased 7 percent t $1.9 billin; in lcal currency, sales increased
More informationThomson Reuters Reports Second-Quarter 2017 Results
TORONTO, August 1, 2017 Thmsn Reuters (TSX/NYSE: TRI) tday reprted results fr the secnd quarter ended 2017. Based n its first-half results, the cmpany raised its full-year 2017 utlk fr several metrics,
More informationTC PipeLines, LP Announces 2017 Third Quarter Financial Results
NewsRelease TC PipeLines, LP Annunces 2017 Third Quarter Financial Results HOUSTON, Texas Nvember 6, 2017 News Release- TC PipeLines, LP (NYSE: TCP) (the Partnership) tday reprted third quarter 2017 net
More informationMANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Fr the Three and Nine Mnths Ended September 30, 2008 As f Nvember 13, 2008 MANAGEMENT S DISCUSSION AND ANALYSIS OF
More informationDetailed Capital Disclosures Template (APS 330 Attachment A)
1 Detailed Capital Disclsures Template (APS 330 Attachment A) The capital disclsures detailed in the template belw represents the pst 1 January 2018 Basel III cmmn disclsure requirements. Gulburn Murray
More informationAUSTIN POLICE RETIREMENT SYSTEM ACTUARIAL VALUATION AS OF DECEMBER 31, 2011
AUSTIN POLICE RETIREMENT SYSTEM ACTUARIAL VALUATION AS OF DECEMBER 31, 2011 FOSTER & FOSTER ACTUAR IES AND CONSULTANTS 2 December 17, 2012 Mr. Sam Jrdan, CEO Austin Plice Retirement System 2520 Suth I
More informationVELAN INC. REPORTS ITS THIRD QUARTER 2018/19 FINANCIAL RESULTS
Velan Inc. 7007 Côte de Liesse, Mntreal, QC H4T 1G2 Canada Tel: (514) 748-7743 Fax: (514) 748-8635 www.velan.cm PRESS RELEASE FOR IMMEDIATE RELEASE Fr further infrmatin please cntact: Yves Leduc, President
More informationFINANCIAL RESULTS. Frederick W. Boutin, CEO Gregory J. Pound, COO Robert T. Fuller, CFO
Cntact: Frederick W. Butin, CEO Gregry J. Pund, COO Rbert T. Fuller, CFO 303-626-8200 TRANSMONTAIGNE PARTNERS L.P. ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS AND THE YEAR ENDED DECEMBER 31, 2015
More informationDetailed Capital Disclosures Template (APS 330 Attachment A)
1 Detailed Capital Disclsures Template (APS 330 Attachment A) The capital disclsures detailed in the template belw represents the pst 1 January 2018 Basel III cmmn disclsure requirements. Gulburn Murray
More informationFor personal use only
8 March 2017 KABUNI ENTERS INTO A LETTER OF INTENT FOR POTENTIAL SALE OF ITS OPERATING SUBSIDIARIES AND ALSO RESETS STRATEGIC PRIORITIES The Bard f Directrs f Kabuni Ltd. (the Cmpany r Kabuni ) is pleased
More informationInvestor Teleconference Presentation First Quarter Fastenal Company April 12, 2017
Investr Telecnference Presentatin First Quarter 2017 Fastenal Cmpany April 12, 2017 1 Safe Harbr Statement All statements made herein that are nt histrical facts (e.g., gals regarding Onsite and vending
More informationDesignated Fund Contribution Form
1 Designated Fund Cntributin Frm Name(s) Address Street City State Zip Alternate Address: Business Seasnal Street City State Zip Telephne Wrk Hme Cell Email: Alternate email: Hw did yu hear abut the Cmmunity
More information$5,884 $16,351. Employer Health Benefits 2013 ANNUAL SURVEY. High-Deductible Health Plans with Savings Option. section
57% $16,351 Emplyer Health Benefits 2013 ANNUAL SURVEY High-Deductible Health Plans with Savings Optin sectin $5,4 2013 Sectin Eight: High-Deductible Health Plans with Savings Optin Changes in law ver
More informationMetrics to Quantify Performance Goals (DASNY) For 4/1/2015-3/31/2016
DORMITORY AUTHORITY STATE OF NEW YORK Metrics t Quantify Perfrmance Gals (DASNY) Fr 4/1/2015-3/31/2016 Gal 1: Deliver prjects/services f high quality n-time and n-budget. Cnstructin Metrics: Actual cmpletin
More informationMAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. We have undertaken varius initiatives t strengthen the financial psitin f the Cmpany in rder t cntinue fcusing n the executin f ur grwth strategy 1 MAXCOM REPORTS
More informationFLORIDA SMALL BUSINESS EMERGENCY BRIDGE LOAN APPLICATION
FLORIDA SMALL BUSINESS EMERGENCY BRIDGE LOAN APPLICATION Disaster Event: Hurricane Michael (Applicatin Deadline December 7, 2018) LOAN AMOUNT REQUESTED: (Maximum $50,000) * Lans f up t $100,000 may be
More informationCANFOR PULP PRODUCTS INC.
CANFOR PULP PRODUCTS INC. First Quarter Reprt Fr the three mnths ended March 31, 2012 Canfr Pulp Prducts Inc. First Quarter 2012 Management s Discussin and Analysis This Interim Management s Discussin
More informationAirwork Holdings Limited 2017 Annual Results Presentation. August 2017
Airwrk Hldings Limited 2017 Annual Results Presentatin August 2017 IMPORTANT NOTICE This presentatin cntains nt nly a review f peratins, but als sme frward lking statements abut Airwrk Hldings Limited
More informationJanuary 2017 *Benefits Highlights for Medical Center Employees
January 2017 *Benefits Highlights fr Medical Center Emplyees Health Insurance Plans A Tricare Supplement plan is ffered t Tricare eligible emplyees: all ther emplyees have t the ptin t enrll in the MUSC
More informationADMINISTRATIVE REPORT
LATE DISTRIBUTION FOR COUNCIL JANUARY 20, 2009 RR-2 ADMINISTRATIVE REPORT Reprt Date: January 19, 2009 Cntact: Kenneth Bayne Cntact N.: 604.873.7223 RTS N.: 07877 VanRIMS N.: 08-2000-20 Meeting Date: January
More informationPembroke Regional Hospital Executive Compensation Program
Pembrke Reginal Hspital Executive Cmpensatin Prgram Backgrund In 2010, the prvince f Ontari legislated a tw-year cmpensatin freeze fr all nnuninized emplyees in the Brader Public Sectr (BPS) which prhibited
More informationMEDICARE FACT SHEET MEDICARE FACT SHEET
MEDICARE FACT SHEET MEDICARE FACT SHEET Fr Immediate release CMS Office f Media Affairs August 1, 2006 Physician Self-Referral Exceptins fr Electrnic Prescribing and Electrnic Health Recrds Technlgy BACKGROUND:
More informationSP PLUS CORPORATION Conference Presentation
SP PLUS CORPORATION Cnference Presentatin January 2019 Cautinary Nte Regarding Frward-Lking Statements This dcument cntains frward-lking statements, as defined in the Private Securities Litigatin Refrm
More informationLocal currencies and constant currency exchange rates
The infrmatin included in the fllwing sheets f this Excel file frms an integral part f the AEGON press release n the Full year results 2009 as published n February 25, 2010. Cautinary nte regarding nn-gaap
More informationVOLUMETRIC PRODUCTION PAYMENTS. Liz McGinley
VOLUMETRIC PRODUCTION PAYMENTS Liz McGinley What is a Vlumetric Prductin Payment ( VPP )? A nn-perating, nn-expense bearing, limited term ryalty. It entitles the hlder t a specified vlume f hydrcarbns
More informationColliers International Group Inc.
Clliers Internatinal Grup Inc. First Quarter 2016 Financial Results April 26, 2016 Frward-Lking Statements Certain statements included herein cnstitute frward lking statements within the meaning f the
More informationHOSPITAL SERVICE DISTRICT NO. 3 OF THE PARISH OF LAFOURCHE, STATE OF LOUISIANA (D/B/ATHIBODAUX REGIONAL MEDICAL CENTER) Thibodaux, Louisiana
j^(jb HOSPITAL SERVICE DISTRICT NO. 3 OF THE PARISH OF LAFOURCHE, STATE OF LOUISIANA (D/B/ATHIBODAUX REGIONAL MEDICAL CENTER) Thibdaux, Luisiana Audited Financial Statements Years Ended September 30, 2009
More informationUNIVERSITY OF TORONTO TOWN HALL PRESENTATION. on the University Pension Plan (UPP)
UNIVERSITY OF TORONTO TOWN HALL PRESENTATION n the University Pensin Plan (UPP) This is a presentatin prepared by the University f Trnt fr its emplyees and retirees and is based n the University f Trnt
More informationFAQS ON DEBT CONSOLIDATION PLAN
1. What is Debt Cnslidatin Plan (DCP)? Debt Cnslidatin is a debt refinancing prgram which ffers a custmer the ptin t cnslidate all his unsecured credit facilities (such as credit cards and sme types f
More informationThe Basics of Medicare Updated With the 2009 Board of Trustees Report
Emplyee Benefit Research Institute 1100 13 th St. NW #878 Washingtn, DC 20005 202/659-0670 The Basics f Medicare Updated With the 2009 Bard f Trustees Reprt July 2009 Histry In 1965, Title 18, Health Insurance
More informationFY2020 General Operating Grant Program Letter of Intent Application Instructions
FY2020 General Operating Grant Prgram Letter f Intent Applicatin Instructins FY2020 General Operating Grant Prgram Letter f Intent Applicatin Instructins Overview The purpse f ArtsWave s general perating
More informationEXTENDED BENEFITS FOR TOTAL DISABILITY & SUCCEEDING CARRIER FOR INPATIENT ADMISSIONS
UnitedHealthcare Oxfrd Administrative Plicy EXTENDED BENEFITS FOR TOTAL DISABILITY & SUCCEEDING CARRIER FOR INPATIENT ADMISSIONS Plicy Number: ADMINISTRATIVE 149.11 T2 Effective Date: December 1, 2017
More informationVisa Inc. Reports Fiscal Third Quarter 2014 Net Income of $1.4 billion or $2.17 per Diluted Share
Visa Inc. Reprts Fiscal Third Quarter 2014 Net Incme f $1.4 billin r $2.17 per Diluted Share Fster City, CA, July 24, 2014 Visa Inc. (NYSE: V) tday annunced financial results fr the Cmpany s fiscal third
More informationQuick Reference Guide
Quick Reference Guide Accunting Standard Update 2016-01 "Financial Instruments Overall: Recgnitin and Measurement f Financial Assets and Financial Liabilities" Why d I need this Quick Reference Guide?
More informationSuperannuation contributions tax ruling Tax deductibility of superannuation contributions
July 2011 Technical Bulletin Superannuatin cntributins tax ruling Tax deductibility f superannuatin cntributins Wh is impacted? As a result f tax ruling 2010/1 yur clients can n lnger claim a tax deductin
More informationSteps toward Retirement
Steps tward Retirement Eligibility, Actin Steps, and Benefit Optins fr Faculty and Staff Nearing Retirement Eligibility fr Official University Retiree Status The fllwing jb types f the University are eligible
More informationFarm Credit Lending Terminology
Farm Credit Lending Terminlgy Amrtized lan - A lan with a series f regularly scheduled payments that include bth interest and partial repayment f principal. Equal payments - Payments are f equal size with
More information2017 PERFORMANCE SHARE AND STOCK OPTION PLANS
INFORMATION 2017 PERFORMANCE SHARE AND STOCK OPTION PLANS The Bard f Directrs f L Air Liquide at its meeting n September 20, 2017 adpted the 2017 perfrmance share and stck ptin plans which are aimed, abve
More informationThe Basics of Medicare, Updated With the 2008 Board of Trustees Report
Emplyee Benefit Research Institute 1100 13 th St. NW #878 Washingtn, DC 20005 202/659-0670 May 2008 The Basics f Medicare, Updated With the 2008 Bard f Trustees Reprt Histry In 1965, Title 18, Health Insurance
More informationFor personal use only
MEDIA/ASX RELEASE 6 August 2013 Titan Energy Services annunces $9.1m NPAT fr FY13 and FY14 $21m - $23m EBIT target www.titanenergyservices.cm.au ASX ticker: TTN 2012/13 (FY13) Highlights Recrd full year
More informationUnited Bank for Africa Plc Unaudited Results for the First Quarter Ended March 31, 2018
United Bank fr Africa Plc Unaudited Results fr the First Quarter Ended March 31, 2018 Africa's Glbal Bank UBA STARTS STRONG, GROWING FIRST QUARTER EARNINGS BY 18% This Earnings Press Release shuld be read
More informationThomson Reuters Reports First-Quarter 2018 Results
TORONTO, May 11, 2018 Thmsn Reuters (TSX/NYSE: TRI) tday reprted results fr the first quarter ended 2018. The cmpany als issued a full-year 2018 Outlk fr its cntinuing peratins and annunced a new $500
More informationInstitute For Orthopaedic Surgery (IOS) Subject: Healthcare Financial Assistance Policy
Institute Fr Orthpaedic Surgery (IOS) Subject: Healthcare Financial Assistance Plicy Plicy and Prcedure Manual Subject: HealthCare Financial Assistance Plicy Purpse: T establish guidelines fr financial
More informationConsolidated Balance Sheets - March 31, 2006 and December 31,
================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION
More informationARIZONA FIRE DISTRICT ASSOCIATION FINANCIAL PROCEDURES POLICY
FINANCIAL PROCEDURES POLICY 1. PURPOSE The purpse f these Financial Prcedures is t prvide cnsistent applicatin f cnduct and prper internal cntrls t safeguard the assets f the Arizna Fire District Assciatin
More informationInterfor Corporation Vancouver, B.C. May 4, 2017
Interfr Crpratin Vancuver, B.C. May 4, 2017 Interfr Reprts Q1 17 Results Recrd EBITDA 1 f $60.3 millin n Sales f $456.8 millin Higher Lumber Prices Significant Gains Frm Operatinal Imprvement Initiatives
More informationMARITIME STATE AID GUIDELINES REVIEW QUALIFYING FINANCIAL INCOME
D. 3999/12 SF 5.110 EXECUTIVE SUMMARY MARITIME STATE AID GUIDELINES REVIEW QUALIFYING FINANCIAL INCOME This memrandum addresses the degree t which tnnage tax regimes shuld apply t incme derived frm financial
More informationHow to Count Employees Determining Group Size Under the Medicare Secondary Payer Regulations
Hw t Cunt Emplyees Determining Grup Size Under the Medicare Secndary Payer Regulatins 1. Wh is an Emplyee? An emplyee is an individual wh wrks fr an emplyer r an individual wh, althugh nt actually wrking
More informationPRODUCT HIGHLIGHTS SHEET
Prepared n: 03/07/18 This Prduct Highlights Sheet is an imprtant dcument. It highlights the key terms and risks f the Aberdeen Glbal Select Emerging Markets Bnd Fund (the Fund ) and cmplements the Singapre
More informationSummary of Material Modification
Summary f Material Mdificatin T: Participants Frm: Human Resurces Re: Amendment t University f the Pacific Self-Funded Medical Plan Effective January 1, 2017, the University f the Pacific has amended its
More informationFull Year 2017 Financial Summary Conference Call. March 5, 2018 Doha, Qatar
Full Year 2017 Financial Summary Cnference Call March 5, 2018 Dha, Qatar 1 Interim Cnslidated Incme Statement Full Year (All amunts in QR Millins) 2015 2016 2017 Operating Revenue 2,984 2,551 2,491 Salaries,
More informationSP PLUS CORPORATION Investor Presentation
SP PLUS CORPORATION Investr Presentatin Update: Q3 2018 Cautinary Nte Regarding Frward-Lking Statements This dcument cntains frward-lking statements, as defined in the Private Securities Litigatin Refrm
More informationStatement of Cash Flows
C H A P T E R 14 Statement f Cash Flws Crprate Financial Accunting 13e Warren Reeve Duchac human/istck/360/getty Images Reprting Cash Flws (slide 1 f 3) The statement f cash flws reprts a cmpany s cash
More informationForth Quarter Results 2016 February 24, 2017
Frth Quarter Results 2016 February 24, 2017 4Q16 Results February 24, 2017 Fd segment revenue reaches R$45 billin in 2016, up 11.7%, accelerating t 12.5% in 4Q16 4Q16: Net sales: R$11.7 billin EBITDA (1)
More informationPreparing for Your Early Retirement
Preparing fr Yur Early Retirement Imprtant Infrmatin fr Railrad Emplyees Eligible fr GA-46000 Eligibility fr Railrad Annuity Railrad Retirement Bard https://secure.rrb.gv/ Call yur lcal Railrad Retirement
More informationH Results Presentation 9 May 2018
H1 2018 Results Presentatin 9 May 2018 Disclaimer This dcument has been prepared by Cmpañía de Distribución Integral Lgista Hldings, S. A. ( Lgista Hldings r the Cmpany ) fr infrmatin purpses, and des
More informationUBC Properties Trust (UBCPT) Restricted Faculty Second Mortgage Loan Program Summary of Key Terms. November 1, 2013
UBC Prperties Trust (UBCPT) Restricted Faculty Secnd Mrtgage Lan Prgram Summary f Key Terms Nvember 1, 2013 The Prgram is intended t assist full-time tenured and tenure-track faculty at UBC's Vancuver
More informationColliers International Group Inc.
Clliers Internatinal Grup Inc. Secnd Quarter 2016 Financial Results July 26, 2016 Frward-Lking Statements Certain statements included herein cnstitute frward lking statements within the meaning f the U.S.
More informationIndependent Director and Audit Committee
Independent Directr and Audit Cmmittee Rules summary The listed cmpany s bard f directrs is representing the sharehlders. They are respnsible fr making decisins n the cmpany s imprtant plicies and strategies.
More informationANCESTRY.COM LLC REPORTS Q FINANCIAL RESULTS
REPORTS Q2 FINANCIAL RESULTS Ancestry.cm Subscriber Grwth f 5% Year-Over-Year Q2 Nn-GAAP Revenues $138 millin, Up 16% Year-Over-Year Adjusted EBITDA Grwth f 26% Year-Over-Year PROVO, Utah, July 30, Ancestry.cm
More informationCuyahoga County, Ohio 2012 First Quarter Budget Update
Cuyahga Cunty, Ohi 2012 First Quarter Budget Update As f March 31 st 2012 Cuyahga Cunty Executive Office f the Fiscal Officer Summary f Quarterly Review Prcess OBM is required t cnduct a quarterly assessment
More informationFinancial Wellness Curriculum
Financial Wellness Curriculum The Financial Wellness Curriculum prvides students with infrmatin and financial tips fr reducing persnal debt and develping smart mney management skills. The gal is t help
More informationEOFY tax strategies for small businesses
As we apprach the end f the financial year (EOFY), there are a number f smart strategies yu culd cnsider t help yu streamline yur finances and legitimately save n yur tax bill. Insurance premiums Sme insurance
More informationInvestor Teleconference Presentation Third Quarter Fastenal Company October 11, 2017
Investr Telecnference Presentatin Third Quarter 2017 Fastenal Cmpany Octber 11, 2017 1 Safe Harbr Statement All statements made herein that are nt histrical facts (e.g., gals regarding Onsite and vending
More informationImplementing ABLE: 2016
Implementing ABLE: 2016 Mderatr: Michael Mrris, Executive Directr Natinal Disability Institute (NDI) ablenrc.rg Agenda Slide 2 ABLE Basics and Cre Cmpnents Status f Federal and State Implementatin Ntice
More informationTEEKAY S Q EARNINGS PRESENTATION
TEEKAY S Q1-2018 EARNINGS PRESENTATION May 17, 2018 Frward Lking Statements This presentatin cntains frward-lking statements (as defined in Sectin 21E f the Securities Exchange Act f 1934, as amended)
More informationGuidelines and Recommendations Guidelines on periodic information to be submitted to ESMA by Credit Rating Agencies
Guidelines and Recmmendatins Guidelines n peridic infrmatin t be submitted t ESMA by Credit Rating Agencies 23 June 2015 ESMA/2015/609 Table f Cntents 1 Scpe... 3 2 Definitins... 3 3 Purpse f Guidelines...
More informationPRESS RELEASE. Results at a Glance
PRESS RELEASE AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30 th SEPTEMBER 2018 Results at a Glance Imprved financial perfrmance driven by higher NII YOY: PAT fr Q2FY19 grew
More informationFourth Quarter 2013 Conference Call
Furth Quarter 2013 Cnference Call February 20, 2014 1 Frward-Lking Statements This presentatin cntains frward-lking statements that invlve risks, uncertainties and assumptins that culd cause ur results
More informationMAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. We cntinue the executin f ur transfrmatin plan fr imprving the peratin that allw us the future grwth and sustainable balance. 1 MAXCOM REPORTS RESULTS FOR THE
More informationFor a copy of the following presentation, please visit our website at Go to the Wisdom tab and then to the HR webinar series
Fr a cpy f the fllwing presentatin, please visit ur website at www.ubabenefits.cm. G t the Wisdm tab and then t the HR webinar series page. 2 This presentatin prvides general infrmatin regarding its subject
More informationReliance Standard Life Insurance Company ASSETS
ASSETS Current Year Prir Year 1 2 3 4 Net Admitted Nnadmitted Assets Net Assets Assets (Cls. 1-2) Admitted Assets 1. Bnds (Schedule D)......8,024,339,585......8,024,339,585...7,305,496,260 2. Stcks (Schedule
More informationJune Dear Chairman Cuttita and Members of the Board of Fire Commissioners:
THOMAS P. DiNAPOLI COMPTROLLER STATE OF NEW YORK OFFICE OF THE STATE COMPTROLLER 110 STATE STREET ALBANY, NEW YORK 12236 GABRIEL F. DEYO DEPUTY COMPTROLLER DIVISION OF LOCAL GOVERNMENT AND SCHOOL ACCOUNTABILITY
More informationUnion National Bank announces profit of AED 1,441 million for the nine month period ended 30 September 2013
Unin Natinal Bank annunces prfit f AED 1,441 millin fr the nine mnth perid ended 30 September 2013 Operating prfit fr nine mnth perid ended 30 September 2013 increased by 1.5% ver prir perid t reach AED
More informationFirst-time Adoption of IFRSs
Chapter 20 First-time Adptin f IFRSs TABLE OF CONTENTS Standards Update 20-6 Overview f Key Requirements 20-8 Impact n Financial Statements 20-13 Analysis f Relevant Issues 20-14 Objective 20-14 Scpe 20-14
More informationCAPITAL ASSET ACCOUNTING AND CAPITALIZATION POLICY
- 1 - CAPITAL ASSET ACCOUNTING AND CAPITALIZATION POLICY I. PURPOSE OF THE POLICY The purpse f this Plicy is t utline Pembina s plicies relating t Prperty, Plant & Equipment. This Plicy cvers the recgnitin
More informationPRODUCT HIGHLIGHTS SHEET
Prepared n: 03/07/18 This Prduct Highlights Sheet is an imprtant dcument. It highlights the key terms and risks f the Aberdeen Glbal Australian Dllar Incme Bnd Fund (the Fund ) and cmplements the Singapre
More informationCamco Clean Energy plc. ("Camco" or the "Company") Interim Results 2013
RNS 30 September Camc Clean Energy plc ("Camc" r the "Cmpany") Interim Results Camc Clean Energy plc (AIM: CCE), the experienced prject develper wrking t develp, cnstruct, deliver and perate prjects that
More informationFull Business Case. Installation of MRI at County Hospital
Full Business Case Installatin f MRI Scanner at Cunty Hspital April 2015 1 1 Executive Summary 1.1 Intrductin & Backgrund In February 2014 the Secretary f State apprved the Trust Special Administratrs
More informationBill 92 extra billing provisions Information for Practitioners
Bill 92 extra billing prvisins Infrmatin fr Practitiners Q1. What is extra billing? Extra billing invlves charging a MSP beneficiary r their representative fr a benefit cvered by MSP, r fr any matter related
More informationSchedule C 1 Dividends and Special Deductions (see instructions) 80 SEE INSTR
Frm 20 (2002) CMKM DIAMONDS, INC. 90-0070390 P a 9 e 2 j Schedule A I Cst f Gds Sld (see instructins) 1 Inventry at beginning f year 2 Purchases 3 Cst f labr. 4 Additinal Sectin 263A csts (attach schedule)
More information