SEC Filings

10-12G/A
AMSURG CORP filed this Form 10-12G/A on 11/03/1997
Entire Document
 
<PAGE>   114
 
   
                           THE ENDOSCOPY CENTER, INC.
    
 
   
                  STATEMENTS OF EARNINGS AND RETAINED EARNINGS
    
 
   

<TABLE>
<CAPTION>
                                                                                 EIGHT MONTHS
                                                 YEAR ENDED DECEMBER 31,       ENDED AUGUST 31,
                                                -------------------------   -----------------------
                                                   1995          1996          1996         1997
                                                -----------   -----------   ----------   ----------
                                                                                  (UNAUDITED)
<S>                                             <C>           <C>           <C>          <C>
Revenues......................................  $ 2,836,600   $ 3,122,033   $1,953,144   $2,090,308
Expenses:
  Salaries and benefits (note 2)..............      491,112       507,417      317,440      470,278
  Supplies and other operating expenses.......      338,397       452,182      282,885      255,584
  Rent expense (note 2).......................      230,825       299,583      199,722      200,656
  Bad debt expense............................      168,029        56,335       35,243       44,503
                                                -----------   -----------   ----------   ----------
          Total expenses......................    1,228,363     1,315,517      835,290      971,021
                                                -----------   -----------   ----------   ----------
          Net earnings........................    1,608,237     1,806,516    1,117,854    1,119,287
Retained earnings, beginning of period........      153,760       451,469      451,469      449,862
Distributions to stockholders.................   (1,310,528)   (1,808,123)  (1,128,268)    (949,855)
                                                -----------   -----------   ----------   ----------
          Retained earnings, end of period....  $   451,469   $   449,862   $  441,055   $  619,294
                                                ===========   ===========   ==========   ==========
</TABLE>

    
 
   
              See accompanying notes to the financial statements.
    
 
                                      F-27