HKUST Annual Report 2021-2022

CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2022 2022 2021 $million $million Non-Current Assets  Property, Plant and Equipment 6,938 6,499  Intangible Assets 16 15  Right-of-use Assets 31 33  Financial Assets at Amortised Cost 0 38  Financial Assets at Fair Value through Other Comprehensive Income 518 491  Financial Assets at Fair Value through Income and Expenditure 8,424 9,521  Interest in an Associate 100 98  Bank Deposits with Original Maturity over Three Months 0 1 16,027 16,696 Current Assets  Financial Assets at Amortised Cost 39 39  Inventories 1 1  Accounts Receivable and Prepayments 399 352  Bank Deposits with Original Maturity over Three Months 3,318 2,685  Cash and Cash Equivalents 1,351 1,386 5,108 4,463 Current Liabilities  Accounts Payable and Accruals 1,053 1,047  Lease Liabilities 14 14  Provision for Staff Benefits 193 233  Deferred Income 1,871 2,620  Tax Payable 1 1 3,132 3,915 Net Current Assets 1,976 548 Total Assets Less Current Liabilities 18,003 17,244 Non-Current Liabilities  Accounts Payable and Accruals 48 0  Lease Liabilities 18 20  Provision for Staff Benefits 39 34  Deferred Income 1,078 386  Deferred Capital Funds 4,852 4,624 6,035 5,064 NET ASSETS 11,968 12,180 UGC Funds 3,849 4,003 Restricted Funds 1,852 1,976 Other Funds 6,267 6,201 TOTAL FUNDS 11,968 12,180 Approved by the Council on 20 October 2022 63 HKUST Annual Report 2021-2022 Appendices