JBH Annual Report 2021 | Page 24

Statement of Operations

Statement of Operations

Year ended March 31 , 2021 , with comparative information for 2020
2021
2020
Revenues : Ministry of Health , Local Health Integration Network (“ LHIN ”), Ontario Health and other agencies
$
209,453,926
$ 178,240,080
Inpatient services
4,679,523
4,183,061
Outpatient services
9,031,607
12,229,439
Other income
10,541,490
11,890,301
Amortization of deferred capital contributions relating to equipment
9,202,636
8,066,841
242,909,182
214,609,722
Expenses : Salaries
109,985,551
103,111,125
Employee benefits
30,883,995
29,623,444
Fees to medical staff
19,186,028
15,654,316
Drugs
9,527,915
10,368,599
Medical and surgical supplies
14,260,646
12,825,830
Other supplies and expenses
41,723,748
38,982,785
Amortization of equipment
12,322,747
10,927,410
237,890,630
221,493,509
Excess ( deficiency ) of revenues over expenses before the undernoted 5,018,552 ( 6,883,787 )
Amortization of deferred capital contributions relating to building and building service equipment
11,579,450
11,126,532
Amortization of building and building service equipment
( 12,659,657 )
( 12,210,258 )
Interest on long-term debt
( 1,093,980 )
-
( 2,174,187 )
( 1,083,726 )
Excess ( deficiency ) of revenues over expenses the undernoted 2,844,365 ( 7,967,513 )
Working capital relief funding 22,035,100 -
Excess ( deficiency ) of revenues over expenses $ 24,879,465 $ ( 7,967,513 )
24 Joseph Brant Hospital