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FINANCIAL PERFORMANCE
Surplus/(Deficit) for the year
The Trust ended the year with a surplus of £6m.
Included within this are ‘normalising items’ which
are one-off technical adjustments that are not part
of the trust normal business activities and financial 6,008
performance. There were also additional exceptional
one off items and incentive Sustainability Funding.
Therefore the surplus that the Trust achieved from day
to day business was £1.2m.
2,582
The Trust’s surplus/(deficit) on a control total basis:

2017/18 2016/17
£000 £000
2017/18 2016/17
Surplus/(Deficit) for the Year 6,008 2,582

Exceptional Items
Impairment 18,631 2,239
NHS
Donated Income (4,681) (2,704)

Donated Depreciation 2,101 1,814 Improvement
Surplus/
Gain/loss on Disposal of Assets (402)
(Deficit) on
STF Funding Relating to 2016/17 (93)
Control
NHS Improvement Surplus/ 21,966 (3,529) Total Basis
(Deficit) on Control Total Basis

One Off Exceptional Items (8,150)
2017/18 - £21,996
Incentive and bonus STF Funding (12,563) (2,500)

2016/17 - £3,529
Trading Surplus 1,253 (6,029)

Capital expenditure for the year was £16.8m. This
expenditure related to medical equipment, IT and the
TRADING
continued development of the Alder Hey campus.
The Trust had a cash balance of £12.2m at the end of
March 2018. SURPLUS

2017/18 2016/17
£1,253 (£6,029)

Capital
expenditure
for the year

£16.8m

Alder Hey Children’s NHS Foundation Trust 21 Annual Report & Accounts 2017/18