HKUST Annual Report 2024-2025

75 A P P E N D I C E S Consolidated Balance Sheet AS AT JUNE 30, 2025 2025 2024 $million $million Non-Current Assets  Property, Plant and Equipment 8,704 8,102  Intangible Assets 18 15  Right-of-use Assets 204 92  Financial Assets at Fair Value through Other Comprehensive Income 919 897  Financial Assets at Fair Value through Income and Expenditure 12,384 11,500  Interest in Associates 128 82  Bank Deposits with Original Maturity over Three Months 44 0 22,401 20,688 Current Assets  Inventories 1 1  Accounts Receivable and Prepayments 953 784  Bank Deposits with Original Maturity over Three Months 2,422 1,855  Cash and Cash Equivalents 1,118 1,100 4,494 3,740 Current Liabilities  Accounts Payable and Accruals 2,239 1,107  Lease Liabilities 34 14  Provision for Staff Benefits 228 181  Deferred Income 2,121 1,757  Tax Payable 0 1 4,622 3,060 Net Current (Liabilities) / Assets (128) 680 Total Assets Less Current Liabilities 22,273 21,368 Non-Current Liabilities  Accounts Payable and Accruals 131 84  Lease Liabilities 177 75  Provision for Staff Benefits 46 52  Deferred Income 549 617  Deferred Capital Funds 6,262 5,913 7,165 6,741 NET ASSETS 15,108 14,627 UGC Funds 3,918 4,629 Restricted Funds 2,364 2,120 Other Funds 8,826 7,878 TOTAL FUNDS 15,108 14,627 Approved by the Council on October 28, 2025