Page 73 - Annual Report
P. 73

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
            FOR THE YEAR ENDED 31 DECEMBER 2023




                                                                  Note              2023             2022
                                                                                     HK$              HK$

            Subscriptions and fees                                 4           33,016,100       31,226,900

            Other revenue                                          5           17,490,981       11,881,761

            Total revenue                                                      50,507,081       43,108,661

            Other income and other net gain                        6           32,446,262       20,682,749

            Depreciation                                           9           (5,579,105)      (9,332,261)

            Staff costs                                            7          (27,961,192)     (28,844,566)

            Other operating expenses                                          (38,750,726)     (34,852,560)

            Surplus/(deficit) for the year                         7           10,662,320       (9,237,977)





























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






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