Page 62 - Annual Report
P. 62
HONG KONG ACADEMY OF MEDICINE
香港醫學專科學院
港
學
學
醫
香
院
科
專
CONSOLIDATED STATEMENT OF INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31 DECEMBER 2021
Note 2021 2020
HK$ HK$
Subscriptions and fees 5 30,914,200 28,892,100
Other revenue 6 12,219,845 5,588,431
Total revenue 43,134,045 34,480,531
Other income and other net gain 7 24,205,161 21,860,563
Depreciation 10 (12,814,545) (13,636,940)
Staff costs 8 (28,854,732) (27,396,075)
Other operating expenses (32,625,071) (26,322,613)
Deficit for the year 8 (6,955,142) (11,014,534)
The accompanying notes form an integral part of these consolidated financial statements.
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60 HKAM Annual Report 2022
