HCA Holdings 2012 Annual Report Download - page 64

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Item 6. Selected Financial Data
HCA HOLDINGS, INC.
SELECTED FINANCIAL DATA
AS OF AND FOR THE YEARS ENDED DECEMBER 31
(Dollars in millions, except per share amounts)
2012 2011 2010 2009 2008
Summary of Operations:
Revenues before provision for doubtful accounts ....... $36,783 $32,506 $ 30,683 $30,052 $28,374
Provision for doubtful accounts ..................... 3,770 2,824 2,648 3,276 3,409
Revenues ....................................... 33,013 29,682 28,035 26,776 24,965
Salaries and benefits .............................. 15,089 13,440 12,484 11,958 11,440
Supplies ........................................ 5,717 5,179 4,961 4,868 4,620
Other operating expenses .......................... 6,048 5,470 5,004 4,724 4,554
Electronic health record incentive income ............. (336) (210) — — —
Equity in earnings of affiliates ...................... (36) (258) (282) (246) (223)
Depreciation and amortization ...................... 1,679 1,465 1,421 1,425 1,416
Interest expense .................................. 1,798 2,037 2,097 1,987 2,021
Losses (gains) on sales of facilities ................... (15) (142) (4) 15 (97)
Legal claim costs ................................. 175 — ———
Gain on acquisition of controlling interest in equity
investment .................................... —(1,522) — — —
Impairments of long-lived assets .................... —— 123 43 64
Losses on retirement of debt ........................ —481 — — —
Termination of management agreement ............... —181 — — —
30,119 26,121 25,804 24,774 23,795
Income before income taxes ........................ 2,894 3,561 2,231 2,002 1,170
Provision for income taxes ......................... 888 719 658 627 268
Net income ..................................... 2,006 2,842 1,573 1,375 902
Net income attributable to noncontrolling interests ...... 401 377 366 321 229
Net income attributable to HCA Holdings, Inc. ..... $ 1,605 $ 2,465 $ 1,207 $ 1,054 $ 673
Per common share data:
Basic earnings per share ........................... $ 3.65 $ 5.17 $ 2.83 $ 2.48 $ 1.59
Diluted earnings per share ......................... $ 3.49 $ 4.97 $ 2.76 $ 2.44 1.56
Cash dividends declared per share ................... $ 6.50 — $ 9.43 — —
Financial Position:
Assets ......................................... $28,075 $26,898 $ 23,852 $24,131 $24,280
Working capital .................................. 1,591 1,679 2,650 2,264 2,391
Long-term debt, including amounts due within one
year ......................................... 28,930 27,052 28,225 25,670 26,989
Equity securities with contingent redemption rights ..... —— 141 147 155
Noncontrolling interests ........................... 1,319 1,244 1,132 1,008 995
Stockholders’ deficit .............................. (8,341) (7,014) (10,794) (7,978) (9,260)
Cash Flow Data:
Cash provided by operating activities ................. $ 4,175 $ 3,933 $ 3,085 $ 2,747 $ 1,990
Cash used in investing activities ..................... (2,063) (2,995) (1,039) (1,035) (1,467)
Capital expenditures .............................. (1,862) (1,679) (1,325) (1,317) (1,600)
Cash used in financing activities .................... (1,780) (976) (1,947) (1,865) (451)
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