EX-99.1 119 c70535exv99w1.txt SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS EXHIBIT 99.1 EXTENDICARE HEALTH SERVICES, INC. AND SUBSIDIARIES SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS (IN THOUSANDS)
ADDITIONS SUBTRACTIONS ----------------------------- ------------ PROVISIONS FOR LOSSES FROM ACCOUNTS BALANCE AT ON ACQUISITION WRITTEN OFF BALANCE ALLOWANCE FOR BEGINNING ACCOUNTS OR FROM NET OF AT END DOUBTFUL ACCOUNTS OF PERIOD RECEIVABLE DIVESTITURE DIVESTITURE RECOVERIES OF PERIOD ----------------- --------- ---------- ----------- ----------- ---------- --------- Year ended December 31, 1997.... 9,303 8,111 8,326 -- 6,814 18,926 Year ended December 31, 1998.... 18,926 12,698 4,683 2,724 7,684 25,899 Year ended December 31, 1999.... 25,899 11,905 -- -- 12,855 24,949 Year ended December 31, 2000.... 24,949 17,945 2,367 -- 28,932 16,329 Year ended December 31, 2001.... 16,329 8,945 3,515 -- 14,212 14,577
INDEPENDENT AUDITORS' REPORT The Board of Directors Extendicare Health Services, Inc.: On February 6, 2002 we reported on the consolidated balance sheets of Extendicare Health Services, Inc. and subsidiaries (the Company) as of December 31, 2001 and 2000, and the related consolidated statements of operations, shareholder's equity, and cash flows for each of the years in the three-year period ended December 31, 2001, which are included in the Company's 2001 Annual Report on Form 10-K. In connection with our audits of the aforementioned consolidated financial statements, we also audited the related financial statement schedule as listed in Item 21. The financial statement schedule is the responsibility of the Company's management. Our responsibility is to express an opinion on the financial statement schedule based on our audits. In our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein. /s/ KPMG LLP Milwaukee, Wisconsin February 6, 2002