Question

create an initial post with a minimum of 150 words discussing the elements of balance sheets. Make sure to include the items below:

Research and locate 2 balance sheets for a hospital or medical facility on the internet.  

Compare and contrast the balance sheets in terms of:

Total Assets

Total Liabilities

Net Worth

What type of organization are the balance sheets from? (for-profit, non-profit, sole proprietor, etc.)

Answer 1

Balance Sheet of Apollo Hospitals Enterprises

------------------- in Rs. Cr. -------------------

	Mar '18	Mar '17	Mar '16	Mar '15	Mar '14
	12 mths	12 mths	12 mths	12 mths	12 mths
Sources Of Funds
Total Share Capital	69.56	69.56	69.56	69.56	69.56
Equity Share Capital	69.56	69.56	69.56	69.56	69.56
Reserves	3,623.94	3,509.45	3,360.57	3,091.51	2,895.16
Networth	3,693.50	3,579.01	3,430.13	3,161.07	2,964.72
Secured Loans	2,672.69	2,475.17	1,802.29	1,314.05	853.25
Unsecured Loans	223.94	193.55	299.67	202.53	167.92
Total Debt	2,896.63	2,668.72	2,101.96	1,516.58	1,021.17
Total Liabilities	6,590.13	6,247.73	5,532.09	4,677.65	3,985.89
	Mar '18	Mar '17	Mar '16	Mar '15	Mar '14
	12 mths	12 mths	12 mths	12 mths	12 mths
Application Of Funds
Gross Block	4,620.43	4,210.67	3,863.75	3,179.11	2,646.20
Less: Accum. Depreciation	858.84	610.66	932.13	751.57	657.50
Net Block	3,761.59	3,600.01	2,931.62	2,427.54	1,988.70
Capital Work in Progress	698.30	327.55	0.00	512.16	480.96
Investments	899.81	1,063.77	909.77	713.02	690.03
Inventories	538.68	442.50	422.15	332.50	264.97
Sundry Debtors	804.69	663.59	615.11	549.55	468.45
Cash and Bank Balance	294.56	272.75	255.76	249.23	208.90
Total Current Assets	1,637.93	1,378.84	1,293.02	1,131.28	942.32
Loans and Advances	814.43	822.98	1,124.91	1,035.96	754.58
Total CA, Loans & Advances	2,452.36	2,201.82	2,417.93	2,167.24	1,696.90
Current Liabilities	1,154.43	883.58	1,253.16	1,011.87	739.06
Provisions	67.52	61.84	53.17	130.44	131.64
Total CL & Provisions	1,221.95	945.42	1,306.33	1,142.31	870.70
Net Current Assets	1,230.41	1,256.40	1,111.60	1,024.93	826.20
Total Assets	6,590.11	6,247.73	4,952.99	4,677.65	3,985.89
Contingent Liabilities	692.78	632.84	2,188.89	1,424.79	1,266.72
Book Value (Rs)	265.48	257.25	246.55	227.21	213.10
Total Assets The assets accounts shows, how the company has used the money that has obtained from,investors, lenders,and company earnings by it's own. Technically, according to generally Accepted Accounting principles, assets are resources with "probable future economic benefits obtained or controlled by an entity resulting from past events or transactoins ." This leads to some non-intuitive results. Important resources like intellectual property or longstanding business relationships, though valuable to a business, are generally not reflected on the balance sheet. Assets are grouped as monetary (cash and accounts receivables), liquid (whether they can easily be converted to cash), tangible or intangible. In our example the asset categories are Current assets: cash and those items, such as accounts receivable, that are normally expected to be converted into cash within one year. Non-current assets: Fixed assets: the company's more or less permanent physical assets, such as its land, buildings, machinery and equipment Intangible assets: goodwill, trademarks, copyrights, patents
The second portion of the balance sheet consists of the company's liabilities -- usually separated into current liabilities and long-term liabilities. Liabilities can be understood as the opposite of assets -- they represent obligations of the business. Not all obligations to make a payment in the future are reflected on the balance sheet. For example, an obligation to pay employees' rising health care costs may be a signficant commitment , it might not be represented on the balance sheet if sufficiently uncertain. Or the prospect of paying clean-up fees for a toxic site owned by the business may not make it to the balance sheet, though it may be described in a note. Current liabilities: those debts that are to be paid within 12 months. These include accounts payable, short-term notes payable and income taxes payable. Also included are accrued expenses payable, such as for employees wages and salareis, insruance premiums, attorney fees, and taxes due. Long-term liabilities: any debt that is not due within one year, such as long-term debts and notes. In the case of a debt that is partially due within one year and partially due in future years, the portion of the debt payable within one year is shown as a current liability and the rest as a long-term liability. One important potential drain on a business are contingent liabilities, such as possible products liability claims or securities fraud exposure. These are not carried on the balance sheet -- So they are shown below the balance sheet as their disclosure si mandatory. NET WORTH Net worth is the amount by which assets exceed liabilities. Another style of word networth means, it’s the value of everything you own, minus all your debts. Generally balance sheets are form part of every organisation, it includes profit & non profit organisations,sole proprietor etc.it is not limited to any particular kind of business