Financials

CONSOLIDATED BALANCE SHEET

Years Ended September 30, 2017 and September 24, 2016
(in thousands of dollars)

	2017	2016
ASSETS
Total current assets	$416,296	$409,713
Assets limited as to use: Capital replacement and other designated uses	354,300	283,041
Self insurance funds and other trusts	122,181	222,652
Donor restricted gifts	87,880	82,005
Total assets limited as to use	564,361	587,698
Property and equipment, net	734,667	685,938
Amounts due from State of Maine (Medicaid)	3,610	26,763
Other long-term assets	21,686	23,502
Total assets	$1,740,620	$1,733,614

	2017	2016
LIABILITIES
Total current liabilities	$220,643	$234,467
Accrued post-employment benefits	203,105	198,230
Long-term debt	544,511	556,030
Other long-term liabilities	13,527	35,446
Total liabilities	981,786	1,024,173
Total net assets	758,834	709,441
Total liabilities and net assets	$1,740,620	$1,733,614

CONSOLIDATED STATEMENTS OF OPERATION

Years Ended September 30, 2017 and September 24, 2016
(in thousands of dollars)

	2017	2016
Net operating revenue	$1,654,176	$1,523,941
Operating expenses: Salaries and employee benefits	975,437	917,149
Supplies and other	665,564	641,064
Total expenses	1,641,001	1,558,213
Income from operations	13,175	(34,272)
Investment gains and losses	23,109	8,392
Contribution received in acquisition	-	36,844
Excess of revenue over expenses before discontinued operations	36,284	10,964
Noncontrolling interest	(323)	(368)
Excess of revenue over expenses	$35,961	$10,596
Operating margin	0.80%	-2.25%
Total margin	2.14%	0.68%
Reinvestment in clinical equipment, technological advancements, and facilities	$104,825	$131,137