FINANCIAL STATEMENT NOTICE

Summers County Appalachian Regional Hospital Statement of Operations and Changes In Net Assets For The Year Ended June 30, 2016 Revenues Net Patient Service Revenue 13,741,318 Other Revenue 1,111,665 Total Operating Revenue 14,852,983 Expenses Salaries and wages 4,791,572 Payroll Taxes and Employee Benefits 2,009,595 Rent and Lease Expense 83,662 Plant operations and maintenance 923,821 Outside Services 819,928 Supples and Pharmaceuticals 1,027,641 Depreciation 349,647 Interest 13,800 Provider tax 388,310 Central Expenses 1,043,259 Other Expenses 1,548,172 Total Expenses 2,999,408 Net Income (Loss) from operations 1,853,574 Non-Operating Income 151,179 Unrealized Gain/(Loss) on Investments (16,812) Excess of revenues over expenses 1,987,941 Summers County Appalachian Regional Hospital is a part of Appalachian Regional Healthcare, Inc. which is a not-for-profit corporation. Details supporting the contents of these statements are available for public inspection and copying at the Office of the West Virginia Health Care Authority, 100 Dee Drive, Suite 201, Charleston, West Virginia, 25311, during regular business hours 9:00 a.m. to 5:00 p.m. any business day. There is a charge for copying. Summers County ARH BALANCE SHEET For the Period Ended June 30, 2016 ASSETS June 30, 2016 Current Assets Cash and Cash Equivalents (7,819) Net Accounts Receivable 2,855,463 Other Accounts Receivable (1,601,242) Inventory 187,928 Prepaid Expenses 222 Total Current Assets 1,434,552 Net Property Plant and Equipment Property Plant and Equipment 6,472,076 Less Accumulated Depreciation (4,810,306) Net Property Plant and Equipment 1,661,770 TOTAL ASSETS 3,096,321 LIABILITIES AND NET ASSETS Current Liabilities Accounts Payable (1,017) Salaries, Wages and Taxes Payable Third Party Settlements (481,365) Health Insurance Accrual 1,898,742 Other Current Liabilities (332,441) C/P Long Term Debt :: Total Current Liabilities 1,083,919 Long Term Debt Less Current Portion Capital Lease Obligations (517,003) Notes Payable – Total Long Term Debt Less Current Portion (517,003) TOTAL LIABILITIES 566,916 Unrestricted Net Assets (67) Due to/Due From Home Office (3,663,171) TOTAL LIABILITIES AND NET ASSETS (3,096,321) Summers County Appalachian Regional Hospital is a part of Appalachian Regional Healthcare, Inc. which is a not-for-profit corporation. Details supporting the contents of these statements are available for public inspection and copying at the Office of the West Virginia Health Care Authority, 100 Dee Drive, Suite 201, Charleston, West Virginia, 25311, during regular business hours 9:00 a.m. to 5:00 p.m. any business day. There is a charge for copying. 10-13-THU-1-RH; LG 4503