Page 72 - Annual Report
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HONG KONG ACADEMY OF MEDICINE
                 香 港 醫 學 專 科 學 院
                 香港醫學專科學院
                 CONSOLIDATED STATEMENT OF INCOME AND EXPENDITURE
                   AND OTHER COMPREHENSIVE INCOME
                 FOR THE YEAR ENDED 31 DECEMBER 2022




                                                                               2022                2021
                                                                                HK$                 HK$

                 Deficit for the year                                     (9,237,977)         (6,955,142)

                 Other comprehensive loss for the year, net of nil
                   income tax

                 Items that will not be reclassified subsequently to
                   income and expenditure:
                   Change in fair value of investments in equity
                     instruments designated at fair value through
                     other comprehensive income                             (451,038)           (544,768)

                 Total comprehensive loss for the year                    (9,689,015)         (7,499,910)




























                 The accompanying notes form an integral part of these consolidated financial statements.










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