Page 95 - Annual Report
P. 95

HONG KONG ACADEMY OF MEDICINE
                 香 香港醫學專科學院
                         專
                       學
                   港
                              院
                     醫
                           科
                            學
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                 FOR THE YEAR ENDED 31 DECEMBER 2024



                 4.   SUBSCRIPTIONS AND FEES

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

                                                                                   2024             2023
                                                                                    HK$              HK$

                     Entrance fees                                             8,686,600        7,530,000
                     Subscription fees                                        28,315,850       25,486,100

                                                                              37,002,450       33,016,100


                 5.   OTHER REVENUE
                                                                                   2024             2023
                                                                                    HK$              HK$

                     Income from various functions                            11,535,867       12,119,496
                     Income from specialist certification                        577,100          494,100
                     Training registration fee                                 4,738,545        4,877,385

                                                                              16,851,512       17,490,981


                 6.   OTHER INCOME AND OTHER NET GAIN
                                                                                   2024             2023
                                                                                    HK$              HK$

                     Other income
                       Advertising fee                                           119,640          328,870
                       Bank interest income *                                  3,009,688        2,631,995
                       Rental income                                           4,772,590        4,623,248
                       Subscriptions - journal                                 1,990,445        2,105,769
                       Donation income from
                         The Hong Kong Jockey Club Charities Trust                     -       15,744,275
                       Grant received from government                          2,460,514        2,512,544
                       Grant received for research in genomic medicine           323,913          250,000
                       Grant received from Health Bureau                         730,065                -
                       Grant received from JCIMED                                552,701                -
                       Training income                                                 -        1,625,463
                       Others                                                  1,748,751        2,204,009

                                                                              15,708,307       32,026,173
                     Other net gain
                       Dividend income from other financial assets               352,372          432,577
                       Exchange gain                                                   -          (12,488)

                                                                                 352,372          420,089

                                                                              16,060,679       32,446,262

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




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