HKUST Annual Report 2024-2025

74 HKUST ANNUAL REPORT 2024-25 Consolidated Statement of Comprehensive Income FOR THE YEAR ENDED JUNE 30, 2025 2025 2024 $million $million Income  Government Subventions and Grants 2,639 3,560  Tuition, Programs and Other Fees 1,932 1,716  Interest and Net Investment Income 1,496 1,089  Donations and Benefactions 183 163  Auxiliary Services and Other Income 645 616  Transfers from Deferred Capital Funds 499 373 7,394 7,517 Expenditure Teaching, Learning and Research  Teaching and Research 4,370 3,978  Library 120 118  Central Computing Facilities 179 233  Other Academic Services 148 139 4,817 4,468 Institutional Support  Management and General 629 546  Premises and Related Expenses 1,009 900  Student and General Education Services 445 398  Other Activities 35 32 2,118 1,876 6,935 6,344 Surplus from operation for the year 459 1,173  Share of Results of the Associates (4) (10) Surplus for the year before tax 455 1,163 Tax (1) (1) Surplus for the year after tax 454 1,162 Other comprehensive income for the year  Item that may be reclassified subsequently to income and expenditure:   Exchange differences arising from translation 5 (1) 5 (1)  Item that will not be reclassified to income and expenditure:   Unrealised gain on equity securities at fair value through other comprehensive income 22 285 27 284 Total comprehensive income for the year 481 1,446 Transfers (from) / to:  UGC Funds (711) 344  Restricted Funds 180 152  Other Funds 1,012 950 481 1,446