HKUST Annual Report 2022-2023

HKUST annual report 2022-2023 APPENDICES Consolidated Statement of Comprehensive Income FOR THE YEAR ENDED 30 JUNE 2023 2023 2022 $million $million Income  Government Subventions and Grants 3,262 3,033  Tuition, Programs and Other Fees 1,594 1,519  Interest and Net Investment Income / (Loss) 807 (669)  Donations and Benefactions 126 234  Auxiliary Services and Other Income 563 537  Transfers from Deferred Capital Funds 363 334 6,715 4,988 Expenditure Teaching, Learning and Research  Teaching and Research 3,487 3,285  Library 120 117  Central Computing Facilities 133 129  Other Academic Services 123 115 3,863 3,646 Institutional Support  Management and General 473 466  Premises and Related Expenses 878 792  Student and General Education Services 323 298  Other Activities 23 21 1,697 1,577 5,560 5,223 Surplus / (Deficit) from operation for the year 1,155 (235)  Share of Result of an Associate 5 6 Surplus / (Deficit) for the year before tax 1,160 (229) Tax (1) (1) Surplus / (Deficit) for the year after tax 1,159 (230) Other comprehensive income for the year  Item that may be reclassified subsequently to income and expenditure:   Exchange differences arising from translation (24) (7) (24) (7)  Item that will not be reclassified to income and expenditure:   Unrealised gain on equity securities at fair value through other comprehensive income 78 25 54 18 Total comprehensive income / (loss) for the year 1,213 (212) Transfers to / (from):  UGC Funds 436 (154)  Restricted Funds 54 (169)  Other Funds 723 111 1,213 (212)