Page 91 - Annual Report

HONG KONG ACADEMY OF MEDICINE
香 港 醫 學 專 科 學 院
香港醫學專科學院
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4. SUBSCRIPTIONS AND FEES

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

2023 2022
HK$ HK$

Entrance fees 7,530,000 6,180,000
Subscription fees 25,486,100 25,046,900

33,016,100 31,226,900

5. OTHER REVENUE
2023 2022
HK$ HK$

Income from various functions 12,119,496 7,551,761
Income from specialist certification 494,100 409,500
Training registration fee 4,877,385 3,920,500

17,490,981 11,881,761

6. OTHER INCOME AND OTHER NET GAIN
2023 2022
HK$ HK$

Other income
Advertising fee 328,870 125,960
Bank interest income * 2,631,995 791,368
Rental income 4,623,248 4,251,032
Subscriptions - journal 2,105,769 2,399,165
Donation income from
The Hong Kong Jockey Club Charities Trust 15,744,275 4,742,601
Grant received from government 2,512,544 3,308,227
Grant received for research in genomic medicine 250,000 -
Training income 1,625,463 2,206,047
Others 2,204,009 2,513,691

32,026,173 20,338,091
Other net gain
Dividend income from other financial assets 432,577 348,818
Exchange loss (12,488) (4,160)

420,089 344,658

32,446,262 20,682,749

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

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香港醫學專科學院 2024 年度報告