Health authorities comparative financial analysis between 1997 and 2007 : for the year ended March 31, 2007

2007·7.9 MB·English

by  Alberta. Alberta Health and Wellness

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HEALTH AUTHORITIES
Comparative Financial Analysis
Between 1997 and 2007
For the Year Ended March 31, 2007
For further information
Alberta Health and Wellness
Financial Analysis and Reporting
Health Authority Funding and Financial Accountability
19th Floor, 10025 Jasper Avenue
Edmonton, Alberta T5J 1S6
Phone: [phone]
Fax: [phone]
www.health.alberta.ca
/dlbcrta
Health Authority
Comparative Financial Analysis
For the Year Ended March 31, 2007
TABLE OF CONTENTS
INTRODUCTION 1
FINANCIAL POSITION 3
Statement of Financial Position 5
Accumulated Surplus /(Deficit) 12
Summary of Operating and Accumulated Surplus/ (Deficit) 13
Summary Effect of Internally Funded Capital Assets on Accumulated Surplus/ (Deficit) 14
Actual Accumulated Surplus/ (Deficit) (A ggregate Total) 15
CAPITAL ASSETS 17
OPERATIONS 23
Statement of Operations 25
Statement of Operations - A ggregate Totals of All Health Authorities 31
Health Authorities Revenue and Expenditures Patterns 32
Actual Expenditures Excluding Extraordinary Items 33
Expense Categories - A ggregate Total Trend from 1996/1997 to 2006/2007 35
ADMINISTRATION 37
Summary of Administrative Costs - f or 2002/2003 to 2006/2007 39
Administration Costs Trend from 1996/1997 to 2006/2007 45
Support Services 49
SCHEDULE OF EXPENSES BY OBJECT 57
CONTRACTED SERVICES 67
SALARIES AND BENEFITS 75
Summary of All Staff Salaries Including SRPs 2006/2007 77
Summary of Executive Salaries Including SRPs 2006/ 2007 83
Summary of Chief Executive Officers Salaries Including SRPs 2006/2007 84
Summary of Board Chair Honoraria, Benefits and Allowances 2005/2006 and 2006/2007 ....85
Supplementary Retirement Plans (SRPs) 87
Accrued Vacation Pay as a % o f Gross Salaries 90
Accrued Vacation Per Full Time Equivalent (FTE) 91
FEES AND CHARGES 93
FINANCIAL INDICATORS 107
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ALBERTA HEALTH AND WELLNESS ACKNOWLEDGEMENTS
Digitized by the Internet Archive
in 2016
https://archive.org/details/healthauthoritie00albe_0
Health Authority
Comparative Financial Analysis
For the Year Ended March 31, 2007
INTRODUCTION
The purpose of this document is to provide comparative analysis of the financial statements
published annually by the health authorities on a y early basis for 2003/2004 to 2006/2007.
Financial statement analysis is important to boards, managers, government, researchers, lenders
and others who make decisions about the financial health of the regional health authorities.
Since the number of regional health authorities was reduced from 17 to nine in April 2003,
financial information from 1 997 to 2007 is reported on an aggregate basis only.
The comparative analysis focuses on the following aspects of the financial statements:
• Statement of Financial Position
• Statement of Operations
• Schedule of Expenses by Object
• Financial Indicators
This report covers two important vehicles that are commonly used to convey information to
users of financial reports:
• Financial Ratio Analysis
This is a v aluable tool for understanding financial statements. It consists of determining
certain relationships between financial statement items and comparing the results with those
of prior years, other health authorities and their averages. It will also provide an insight into
financial structure and health authority performance compared to system average.
• Graphical Presentations
Establish or reinforce the information already presented in a clearer or different format.
1
Acronyms used in this report:
ACB Alberta Cancer Board
AMHB Alberta Mental Health Board
SRP Supplemental Retirement Plan
WCB
Workers’ Compensation Board
2

Health Authority
Comparative Financial Analysis
For the Year Ended March 31, 2007
FINANCIAL POSITION
3