Page 90 - Annual Report

HONG KONG ACADEMY OF MEDICINE
學
科
醫
港
院
學
專
香 香港醫學專科學院
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5. SUBSCRIPTIONS AND FEES

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

2022 2021
HK$ HK$

Entrance fees 6,180,000 6,275,000
Subscription fees 25,046,900 24,639,200

31,226,900 30,914,200

6. OTHER REVENUE

2022 2021
HK$ HK$

Income from various functions 7,551,761 8,007,295
Income from specialist certification 409,500 399,000
Training registration fee 3,920,500 3,813,550

11,881,761 12,219,845

7. OTHER INCOME AND OTHER NET GAIN

2022 2021
HK$ HK$

Other income
Advertising fee 125,960 214,190
Bank interest income * 791,368 317,028
Rental income 4,251,032 4,489,013
Subscriptions - journal 2,399,165 1,865,813
Donation income from
The Hong Kong Jockey Club Charities Trust 4,742,601 13,562,453
Grant received from government 3,308,227 1,580,535
Training income 2,206,047 -
Others 2,513,691 1,854,179

20,338,091 23,883,211
Other net gain
Dividend income from other financial assets 348,818 321,950
Exchange loss (4,160) -

344,658 321,950

20,682,749 24,205,161

* The bank interest income was generated from financial assets at amortised cost.

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88 HKAM Annual Report 2023