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PIEDMONT HEALTH SERVICES, INC.
<br /> STATEMENTS OF FINANCIAL POSITION
<br /> NOVEMBER 30, 2013 and 2012
<br /> 2013 2012
<br /> ASSETS
<br /> CURRENT ASSETS
<br /> Cash and cash equivalents $ 2,298,081 $ 2,842,085
<br /> Assets whose use is limited
<br /> By grantors 196,319, 350,116 .
<br /> Grants receivable 165,820 960,342
<br /> Unconditional promise to give 492,699 . 126,666
<br /> Accounts receivable, less allow-
<br /> ance for doubtful accounts and
<br /> contractual adjustments of
<br /> $958,115 and $582,712,
<br /> Respectively 1,188,396 918,272
<br /> Estimated retroactive adjustments-
<br /> third-party payors 784,279 902,005
<br /> Accounts receivable---other 274,206 201,102
<br /> Inventory 740,756 . 608,618
<br /> Prepaid expenses 136,080 144,448
<br /> Total Current Assets 6,276, 636 7,053,654
<br /> PROPERTY AND EQUIPMENT AT COST, NET 12,835,645 11,375,409
<br /> INVESTMENTS 7,563 6,971
<br /> ASSETS WHOSE USE IS LIMITED-
<br /> By note agreement for repair
<br /> reserve 120,401 107,776
<br /> By note agreement as collateral 1,113,396 846,828
<br /> OTHER ASSETS
<br /> Loan acquisition cost, net of
<br /> amortization of $86,715 and
<br /> $81,829, respectively 45,080 34,929
<br /> TOTAL ASSETS $ 20,398,721 19,425,567
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