Universal Health Services, Inc.
Condensed Consolidated Balance Sheets
(in thousands, unaudited)

  March 31,   December 31,
2002
2001
Assets:      
Cash and cash equivalents   $16,382 $22,848
Accounts receivable, net   481,931 418,083
Other current assets   119,812 107,331
Property, plant and equipment, net   1,098,922 1,031,205
Other assets   477,330 535,117
    $2,194,377 $2,114,584
       
Liabilities and Stockholders' Equity:      
Current portion of long-term debt   $2,751 $2,436
Other current liabilities   369,312 320,280
Other noncurrent liabilities   110,961 110,385
Minority interest   127,194 125,914
Long-term debt   703,291 718,830
Deferred income taxes   27,326 28,839
Stockholders' equity   853,542 807,900
    $2,194,377 $2,114,584


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