Other Operating definition

Other Operating. Data: Movable medical equipment (units at end of period) ............................ 109,000 127,000 138,000 134,000 143,000 * * Offices (at end of period) ................... 60 62 65 62 67 * * Number of hospital customers (at end of period) ................................ 2,545 2,625 2,770 2,695 2,800 * * Total number of customers (at end of period) ................................... 5,275 5,570 5,880 5,700 5,900 * * As of December 31, As of June 30, 2003 --------------------------------------------- --------------------------- 2000 2001 2002 Actual Pro forma(6) ------------ ------------- ------------ ------------ ------------ (dollars in thousands) Balance Sheet Data Working capital(5) ........................ $ 9,833 $ 8,416 $ 10,043 $ 17,156 $ 22,010 Total assets .............................. 180,070 196,214 202,136 205,873 214,807 Total debt ................................ 193,607 204,441 200,806 202,899 278,276 Stockholders' deficiency .................. (47,319) (54,297) (55,358) (52,669) (91,617) -------------------- Not meaningful.
Other Operating. Data: EBITDA(b)........................... 56.8 82.0 110.6 82.4 66.3 Number of hospitals at end of period............................. 23 22 22 20 20 Number of licensed beds at end of period(c).......................... 2,108 2,080 2,074 1,881 1,843 Weighted average licensed beds(d)... 2,122 2,078 2,060 1,862 1,783 Admissions(e)....................... 62,264 60,487 59,381 54,549 52,681 Equivalent admissions(f)............ 109,336 105,126 98,869 88,915 81,708 Average length of stay (days)(g).... 4.4 4.4 4.7 4.8 4.9 Average daily census(h)............. 742 733 755 713 713 Occupancy rate(i)................... 35% 35% 37% 38% 40% -------- (a) Includes charge related to impairment of long-lived assets of $26.1 million ($15.9 million after-tax) for the year ended December 31, 1998. (b) EBITDA is defined as income from continuing operations before depreciation and amortization, interest expense, management fees, impairment of long- lived assets, minority interests and income taxes. EBITDA is commonly used as an analytical indicator within the health care industry, and also serves as a measure of leverage capacity and debt service ability. EBITDA should not be considered as a measure of financial performance under generally accepted accounting principles, and the items excluded from EBITDA are significant components in understanding and assessing financial performance. EBITDA should not be considered in isolation or as an alternative to net income, cash flows generated by operating, investing or financing activities or other financial statement data presented in the combined financial statements as an indicator of financial performance or liquidity. Because EBITDA is not a measurement determined in accordance with generally accepted accounting principles and is thus susceptible to varying calculations, EBITDA as presented may not be comparable to other similarly titled measures of other companies. (c) Licensed beds are those beds for which a facility has been granted approval to operate from the applicable state licensing agency. (d) Represents the average number of licensed beds weighted based on periods owned. (e) Represents the total number of patients admitted (in the facility for a period in excess of 23 hours) to LifePoint's hospitals and is used by management and certain investors as a general measure of inpatient volume. (f) Equivalent admissions is used by management and certain investors as a general measure of combined inpatient and outpatient volume. E...
Other Operating. Income: Other operating income decreased from $61,000 for the year ended June 30, 1997 to $60,000 for the year ended June 30, 1998, a decrease of $1,000 or 1.6%. Other operating income is generally comprised of service charges and fees charged on loan and deposit accounts. General, Administrative and Other Expense: General, administrative and other expense decreased 61.3% from $4.5 million for the year ended June 30, 1997 to $1.7 million for the year ended June 30, 1998. While the Company experienced decreases in nearly every expense category in this area compared to the prior year, decreases in employee compensation and benefits and Federal deposit insurance premiums were primarily responsible for the overall reduction in expense. Employee compensation and benefits decreased from $2.9 million for the year ended June 30, 1997 to $919,000 for the year ended June 30, 1998, a decrease of $2.0 million or 68.0%. The primary reason for the decrease in employee compensation and benefits was the termination of the Company's MRP and ESOP. The FDIC premiums paid by the Company for the year ended June 30, 1997, included a one-time special assessment of $567,000 to recapitalize the Savings Association Insurance Fund ("SAIF"). Accordingly, Federal deposit insurance premiums decreased from $725,000 for the year ended June 30, 1997 to $54,000 for the year ended June 30, 1998, a decrease of $671,000 or 92.6%. Management expects the lower level of insurance expense to continue into the foreseeable future. Franchise and other taxes decreased from $149,000 for the year ended June 30, 1997 to $93,000 for the year ended June 30, 1998, a decrease of $56,000 or 37.6%. This decrease was due primarily to an overpayment of the Delaware franchise tax in the year ended June 30, 1997.

Examples of Other Operating in a sentence

  • Rental income is credited to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

  • Any gain or loss arising on the disposal or abandonment of an intangible asset is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

  • At the commencement of the lease, the carrying amount of the asset in the Balance Sheet (whether Property, Plant and Equipment or Assets Held for Sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

  • Where there is a subsequent decrease to fair value less costs to sell, the loss is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.

  • Any gain or loss arising on the disposal or abandonment of an intangible asset is posted to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement.Where expenditure on intangible assets qualifies as capital expenditure for statutory purposes, amortisation, impairment losses and disposal gains and losses are not permitted to have an impact on the General Fund Balance.

  • Rental income is credited to the Other Operating Expenditure line in the CIES.

  • When an asset is disposed of or decommissioned, the carrying amount of the asset in the Balance Sheet (whether Property, Plant and Equipment or Assets Held for Sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

  • Any gain or loss arising on the disposal or abandonment of an intangible asset is posted to the Other Operating Expenditure line in the CIES.

  • At the commencement of the lease, the carrying amount of the asset in the Balance Sheet is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

  • At the commencement of the lease, the carrying amount of the asset in the Balance Sheet (whether property, plant and equipment or assets held for sale) is written off to the Other Operating Expenditure line in the Comprehensive Income and Expenditure Statement as part of the gain or loss on disposal.

Related to Other Operating

  • Operating or "Operation" means to provide (or the provision of) all the operation, engineering, purchasing, repair, supervision, training, inspection, testing, protection, use, management, improvement, replacement, refurbishment, retirement, and maintenance activities associated with operating the Generating Facility in accordance with Prudent Electrical Practices.

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • tour operator means an organiser or retailer, other than the carrier, within the meaning of Article 2(2) and (3) of Directive 90/314/EEC;

  • Exploration Operations means operations conducted in the Contract Area pursuant to this Contract in searching for Petroleum and in the course of an Appraisal Programme and shall include but not be limited to aerial, geological, geophysical, geochemical, palaeontological, palynological, topographical and seismic surveys, analysis, studies and their interpretation, investigations relating to the subsurface geology including structural test drilling, stratigraphic test drilling, drilling of Exploration Xxxxx and Appraisal Xxxxx and other related activities such as surveying, drill site preparation and all work necessarily connected therewith that is conducted in connection with Petroleum exploration.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • Market Operations Center means the equipment, facilities and personnel used by or on behalf of a Market Participant to communicate and coordinate with the Office of the Interconnection in connection with transactions in the PJM Interchange Energy Market or the operation of the PJM Region.

  • Branch operations means any business operations of a branch captive insurance company in this State.

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • Railway Operation means the construction and operation under this Agreement of the relevant Railway and associated access roads and Additional Infrastructure (if any) within the relevant Railway Corridor and of the associated Lateral Access Roads, in accordance with approved proposals;

  • Meter Operator means a party appointed for the purposes of the BSC, to:

  • Farm operation means any activity conducted solely or primarily for the production of one or more agricultural products or commodities, including timber, for sale or home use, and customarily producing such products or commodities in sufficient quantity to be capable of contributing materially to the operator's support.

  • operating site means a site, other than an aerodrome, selected by the operator or pilot-in-command or commander for landing, take-off and/or external load operations;

  • In operation means engaged in activity related to the primary design function of the source.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Project Developer means Bidding Company or a Bidding Consortium submitting the Bid. Any reference to the Bidder includes Bidding Company / Bidding Consortium/ Consortium, Member of a Bidding Consortium including its successors, executors and permitted assigns and Lead Member of the Bidding Consortium jointly and severally, as the context may require”;

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Commencement of Operations means, with respect to any Facility, the completion and the performance of all of the following activities:

  • Structural Engineer means the Engineer appointed or to be appointed from time to time by Promoter for the preparation of the structural design and drawings of the buildings .

  • AREA OF OPERATIONS means the Company's oilfield operations in the States of Assam and Arunachal Pradesh.

  • State Engineer means the person holding the position as head of the state engineer’s office.

  • Initial Operation means the first integral operation of the complete equipment covered under the Contract with the sub-system and supporting equipment in service or available for service.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following: