Page 81 - Annual Report

HONG KONG ACADEMY OF MEDICINE
香港醫學專科學院
學
科
港
學
醫
香
專
院
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

5. SUBSCRIPTIONS AND FEES

This represents the entrance fees and subscription fees received from fellows and members,
and is analysed as follows:

2021 2020
HK$ HK$

Income recognised under HKFRS 15
Entrance fees 6,275,000 4,685,000
Subscription fees 24,639,200 24,207,100

30,914,200 28,892,100

6. OTHER REVENUE

2021 2020
HK$ HK$

Income recognised under HKFRS 15
Income from various functions 8,007,295 3,976,081
Income from specialist certification 399,000 405,600
Training registration fee 3,813,550 1,206,750

12,219,845 5,588,431

7. OTHER INCOME AND OTHER NET GAIN

2021 2020
HK$ HK$

Other income
Advertising fee 214,190 184,537
Bank interest income * 317,028 887,310
Rental income 4,489,013 4,144,400
Subscriptions - journal 1,865,813 1,864,225
Donation income from
The Hong Kong Jockey Club Charities Trust 13,562,453 12,122,121
Grant received from government 1,580,535 357,070
Others 1,854,179 2,025,971

23,883,211 21,585,634
Other net gain
Dividend income from other financial assets 321,950 288,537
Exchange loss - (13,608)

321,950 274,929

24,205,161 21,860,563

* The bank interest income was not generated from financial assets at fair value through
profit or loss.

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香港醫學專科學院 2022 年度報告 79