Universal Health Services, Inc.
Consolidated Statements of Income
1999
(in thousands, except per share amounts)
(unaudited)

  1st Qtr 99      2nd Qtr 99      3rd Qtr 99      4th Qtr 99      YTD 99
Net revenues $520,095 $513,067 $489,828 $519,390 $2,042,380
Operating charges:          
Salaries, wages and benefits 195,670 199,579 196,524 201,757 793,530
Other operating expenses 115,906 115,336 116,182 127,645 475,069
Supplies 70,165 72,335 70,677 75,897 289,074
Provision for doubtful accounts 40,926 40,145 44,926 40,142 166,139
Depreciation and amortization 26,978 27,197 26,695 27,463 108,333
Lease and rental expense 12,279 12,273 12,219 12,258 49,029
Interest expense, net 6,482 6,566 6,503 7,321 26,872
Nonrecurring charges 0 0 0 5,300 5,300
 




  468,406 473,431 473,726 497,783 1,913,346
 




           
Income before minority interests
    and income taxes
51,689 39,636 16,102 21,607 129,034
           
Minority interests in earnings
    of consolidated entities
3,994 2,757 (579) 79 6,251
 




           
Income before income taxes 47,695 36,879 16,681 21,528 122,783
           
Provision for income taxes 17,673 13,849 5,887 7,599 45,008
           
 




Net income $30,022 $23,030 $10,794 $13,929 $77,775
 





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