Page 72 - Annual Report
P. 72
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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70 HKAM Annual Report 2023