Sonic and Healthscope

Consolidated Balance Sheet Workpaper

Consolidated Worksheet Sonic Healthscope Eliminations
30-Jun-11 Ltd. Ltd. Dr Cr
Sales 3,096,379 1,429,282
Less: Expenses 2,705,976 1,227,413
Gross Profit 390,403 201,869
Operating profit before tax 390,403 201,869
Less tax expense -95,914 301,479
Profit after tax 294,489 -99,610 10000

Retained earnings 356,160 886,786

Share capital 2,347,631 11013
General Reserves -187,356 -11,013
Liabilities 2,196,462 2,438,489
4,712,897 3,325,275

Current Assets 667,915 179,209

Non-current assets 4,044,982 3,146,066
Goodwill on consolidation
4,712,897 3,325,275
Consolidated

4,525,661
3,933,389
592,272
592,272
205,565
294,489

1,242,946
2,358,644
-198,369
4,634,951
8,038,172

847,124
7,191,048

8,038,172
 HEALTHSCOPE FOR THE PERIOD ENDED 30 JUNE 2011

Cash Flow Statement for the year ended 30 June 2011

Details $ $
Cash flows from operating activities
Receipts from customers $1,433,770.00
Payments to suppliers -$1,242,848.00
Interest received $2,095.00
Interest and costs of finance paid -$103,661.00
Income tax paid -$1,560.00
Non-recurring items -$89,822.00
Net cash used in operating activities -$2,026.00
Cash flows from investing activities
Proceeds from sale of property, plant and equipment $623.00
Payments for property, plant and equipment -$61,998.00
Brownfield facility developments -$75,907.00
Payments for operating rights -$4,966.00
Payments for business combinations -$2,780,079.00
Net cash used in investing activities -$2,922,327.00
Cash flows from financing activities
Proceeds from issue of equity securities $962,384.00
Proceeds from borrowings $2,276,207.00
Repayment of borrowing -$212,000.00
Proceeds from receivables securitisation $4,512.00
Finance leasing -$4,407.00
Facility Fees paid -$83,574.00
Net cash provided by financing activities $2,943,122.00
Net increase (decrease) in cash and cash equivalents $18,769.00
Cash and cash equivalents at end of year $18,864.00