Untitled - Digital University Archives

§~ CONTENTS

~J$¥~~ .................................................................................................. 1- 3

Treasurer's Report

~::u:~~gill¥~~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 - 5

Independent Auditor's Report

*''f-~.r&5z:¥~~ ............................................................................................. 6 - 7

Consolidated Income and Expenditure Statement

*~.r&5z:¥~~ . .... ..... .......... ........ ........................ ... ... ............ ... .... ........ ........ 8 - 9

University Income and Expenditure Statement

*,'f-~jli£~fJ~ . .......... ...... .............. .... ......... ............... ..... ......... ............. .... 10 - 11

Consolidated Balance Sheet

*~jli£~fJ~ .......................................................................................... 12 - 13

University Balance sheet

*,'f-~jl~~I1J~ . . .. . . . .. . . . . . . . . . . . .. . . . . . .. .. . .. . . .. . . . .. . .. . . . . . . . . . . .. . .. . . . . . . . . . . . . . . . . . . . . . . .. . . .. . 14 - 15

Consolidated Statement of Changes in Fund Balances

*~jl~~!IVJ~ .............................................. '" . .. . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. 16 - 17

University Statement of Changes in Fund Balances

*''f-~JJi!.~t1f.l1J~ ..................................................... -. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 - 19

Consolidated Cash Flow Statement

*~JJi!.~:mtI1J~ .................... ........... .... ... ..... ............... ...... .... ......... ......... .... 20 - 21

University Cash Flow Statement

~;;f~¥~~!)fttt .............................................................................................. 22 - 83

Notes to the Financial Statements

目錄CONTENTS

司庫報告.. .... ......... ..... ...... ........ ...... .... .............. ....... ........... ... ....... ............ 1 - 3

Treasurer冶 Report

獨立核數師報告........................................................................................ 4 - 5

Independent Auditor's Report

綜合收支報表............................................................................................. 6-7

Consolidated Income and Expenditure Statement

大學收支報表............................................................................................. 8 - 9

University Income and Expenditure Statement

綜合資產負債表. .......... ...... .............. .... ......... ............... ..... ......... ............. .... 10 - 11

Consolidated Balance Sheet

大學資產負債表.. .... .... .... ...... ..... ........................ ....... ........ .... ......... ...... .... ... 12 - 13

University Balance sheet

綜合資金變動表.. .............. .... ........... .... ........ ................ ... ......................... ... 14 - 15

Consolidated Statement of Changes in Fund Balances

大學資金變動表..... ..... .... ...... ..... ......... .... ........... .... ...... ..... .... ........ .......... .... 16 - 17

University Statement of Changes in Fund Balances

綜合現金流動表..........…....................................... .-..................................... 18 - 19

Consolidated Cash Flow Statement

大學現金流動表.......................................................................................... 20 - 21

University Cash Flow Statement

財務報表附註.............................................................................................. 22 - 83

Notes to the Financial Statements

tf~M**

~~2009~6FJ 30 13lf:~JJl

M~¥~~

THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009

香港科技大學

截至2009年6月30日止年度

財務報表

THE HONG KONG UNIVERSITY OF SCIENCE AND TECHNOLOGY

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2009

~.¥IH~ TREASURER'S REPORT

2008!tf9 FJ ' ~fM!mlli.!JJJif:~~fM!m* ' :Mzf..:li ~~~~if:~~~~~OO~~oB~ffi*~~$ ~~*~~~~l¥Jt~Ji*.Il.g-tzD;!tftl!.I8J~j£d'b~~~ ~~*~~~'mffi~$~~±~~$~kMff lliX:&:f:l3';fI¥J:rn:Ji~:EJi~U*§!tlflk ' 2008/09*,*.g-:rn: j{ :& iflJ }~, @ ¥~ m 124,300,000 5G (2007/08 if. JJt m 118,500,0005G) 0 iJDl:2009!tf4FJmggMf)(ftWf~

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Overview

The financial tsunami sent shockwaves throughout the financial world in September 2008; and quickly spread to almost all sectors of the global economy. Although the investment portfolios managed by external fund managers of the University suffered quite a sizeable blow not too different from other similar portfolios elsewhere, the internally managed investments, mainly in fixed deposits and bonds, have been relatively stable. The mix of the internally and externally managed portfolio resulted in a consolidated 2008/09 investment and interest return of $124.3 million ($118.5 million for 2007/08). With the closure of the Fourth University Grants Committee (UGC) Matching Grant Scheme (MGS) in April 2009 as well as the usual higher triennium-end spending, the University saw its consolidated 2008/09 operating surplus reduced to $129.6 million ($458.2 million for 2007/08). Notwithstanding these undesirable factors, the· University continued its strategic investment in preparing for the 4-year Undergraduate (UG) system in 2012.

Consolidated Income and Expenditure

Consolidated income for the year decreased to $2,683.0 million from $2,857.3 million of 2007/08. The decrease was primarily due to a drop in donations and matching grants.

Consolidated expenditure for the year increased to $2,557.3 million from $2,401.1 million in 2007/08. The increase was partly due to an upward cost of living salary adjustment made in line with that for the civil servants and other planned expenditure against the UGC.Block Grant.

Segment Reporting

In order to present a clearer picture of the financial results of the University's operations, segment reporting is adopted for the first time this year showing the major sources of income for the University, and the expenditure incurred in relation thereto.

1

司庫報告

TREASURER'S REPORT

概況:

2008年9月，金融海嘯震動全球金融體系，並極

速散播至全球經濟每一個領域。雖然由大學外部

資金經理管理的投資組合如其他同類產品一樣蒙

受頗大的衝擊，但由內部管理主要集中於定期存

款及債券的投資表現則相對穩定， 20闊的9綜合投

資及利息回報為 124，300，000元 (2007/08 年度為118，500，000元)。加上2009年4月第四期教資會配對撥款計劃的完結及三年撥款期末年慣常偏高的

支出，大學 20闊的9 年綜合營運盈餘降至

129，600，000元。007的8年為458 ，200，000元)。儘管有以上種種不利因素，大學仍會繼續按既定策略

開支為2012年的4年新學制作好準備。

綜合收入及開支

綜合收入由2007/08年度的2，857，300，000元減少至2008/09年度的2，683，000，000元，主要因為捐款及配對撥款的下降。

綜合開支由2007/08年度的2，401 ，100，000元上升至2008/09年度的2，557 ，300，000元，綜合開支的增幅主要來自因跟隨公務員生活指數薪金調整而增加

的開支及其他教資會整筆撥款的計劃開支。

分部報告

為將大學運作之財務結果表達得更加清晰，大學由今年開始採用分部報告，顯示大學主要收入來

源及相關的開支。

Overview

The financial tsunami sent shockwaves throughout the financial world in September 2008; and quickly spread to almost all sectors of the global economy. Although the investment portfolios managed by external fund managers of the University suffered quite a sizeable blow not too different from other similar portfolios elsewhere, the internally managed investments, mainly in fixed deposits and bonds , have been relatively stable. The mix of the intemally and extemally managed portfolio resulted in a consolidated 2008/09 investment and interest retum of $124.3 mi11ion ($118.5 mi11ion for 2007/08). With the closure of the Fourth University Grants Committee (UGC) Matching Grant Scheme (MGS) in April 2009 as well as the usual higher triennium-end spending, the University saw its conso1idated 2008/09 operating surplus reduced to $129.6 mi11ion ($458.2 mi11ion for 2007/08). Notwithstanding these undesirable factors , the University continued its strategic investment in preparing for the 4-year Undergraduate (UG) system in 2012.

Consolidated Income and Expenditure

Consolidated income for the year decreased to $2,683.0 million from $2,857.3 million of 2007/08. The decrease was primarily due to a drop in donations and matching grants.

Consolidated expenditure for the year increased to $2,557.3 million from $2,401.1 million in 2007/08. The increase was partly due to an upward cost of living salary adjustment made in line with that for the civil servants and other planned expenditure against the UGC Block Grant.

Segment Reporting

In order to present a clearer picture of the financial results of the University's operations, segment reporting is adopted for the first time this ye訂 showing the major sources of income for the University, and the expenditure incurred in relation thereto.

1

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UGC Block Grant-funded Activities

2008/09 was the last year of the extended triennium 2005-2009. A deficit of $60 million (surplus of $35.9 million in 2007/08) was recorded. The deficit was due to the usual higher level of expenditure at triennium end and the strategic spending for the 4-year UG system. The deficit spending is part and parcel of the University's budget strategy to prepare for the 4-year UG system.

Fund Raising Related Activities

As explained earlier, attributable to the financial tsunami and the closure of the Fourth Matching Grant Scheme in April 2009, donations and matching grant income fell sharply resulting in a lower surplus of $82.7 million for 2008/09 ($284.3 million for 2007/08).

Self-Financing CPEP, Research and Other Activities

A surplus of $106.9 million ($137.9 million for 2007/08) was generated primarily from self-financing continuing professional education programs (CPEP) and auxiliary services for student and staff accommodation. With the planned closure of the University's continuing education arm, the HKUST College of Lifelong Learning Limited, by late year 2009; and slow down of the CPEP market, income from these activities had dropped.

Capital Projects

A number of capital projects to cater for the expansion for the 4-year UG system are still in progress. They include extension to the existing facilities, Lee Shau Kee Business Building, lAS academic building, 3 student hostels as well as the HKUST Shenzhen IER (Industry, Education and Research) Building. While a majority of these capital constructions are funded by UGC, the University has to contribute its non-UGC resources mainly for the 3 student hostels and the HKUST Shenzhen IER Building.

2

教資會整筆撥款資助之活動

2008/09年度是2005-2009延伸三年撥款期的最後

一年，錄得60，000，000元虧損(2007/08年度盈利35，900，000元)。虧損主要來自三年撥款期末年慣常偏高支出及上述4年新學制的策略開支。此項

赤字開支是包含於大學4年新學制預算計劃內。

當募及有關活動

如前所述，由於金融海嘯及2009年4月第四期教資會配對攘款計劃的完結， 20凹的9年度捐款及配

對補助金的盈餘大幅下降至82，700，000元(2007/08年度為284，300，000元)。

持續進倍教育活動，研究活動及其他活動

主要來自持續進修教育活動及為職員及學生住宿

提供之輔助服務所得之盈餘共 106，900，000元

。007/08年度為137 ，900，000元)。按計劃，大學將於2009年尾結束香港科技大學持續進修學院，加上持續進修教育市場的發展緩慢下來，此方面

的收入己下降。

建設項目

一系列為4年新學制而進行的擴建工程仍在施工中，包括現有設施的擴建、李兆基商學大樓、科

大高等研究院大樓、三棟學生宿舍及香港科大深

圳產學研大樓等。雖然以上項目大部分資金由教資會資助，大學仍須為三棟學生宿舍及香港科大

深圳產學研大樓籌集非教資會資金。

UGC Block Grant-funded Activities

2008/09 was the last year of the extended triennium 2005-2009. A deficit of $60 million (surplus of $35.9 mil1ion in 2007/08) was recorded. The deficit was due to the usual higher level of expenditure at triennium end and the strategic spending for the 4-year UG system. The deficit spending is part and parcel of the University's budget strategy to prepare for the 4-year UG system.

Fund Raising Related Activities

As explained earlier, attributable to the financial tsunami and the closure of the Fourth Matching Grant Scheme in April 2009, donations and matching grant income fel1 sharply resulting in a lower surplus of $82.7 million for 2008/09 ($284.3 million for 2007/08).

Self-Financing CPEP, Research and Other Activities

A surplus of $106.9 million ($137.9 million for 2007/08) was generated primarily from self-financing continuing professional education programs (CPEP) and auxiliary services for student and staff accommodation. With the planned closure of the University , s continuing education arm, the HKUST Col1ege of Lifelong Learning Limited, by late year 2009; and slow down of the CPEP market, income from these activities had dropped.

Capital Projects

A number of capital projects to cater for the expansion for the 4-year UG system are still in progress. They include extension to the existing facilities , Lee Shau Kee Business Building, IAS academic building, 3 student hostels as wel1 as the HKUST Shenzhen IER (Industry, Education and Research) Building. While a majority of these capital constructions are funded by UGC, the University has to contribute its non-UGC resources mainly for the 3 student hostels and the HKUST Shenzhen IER Building.

2

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Outlook

The University will continue its strategic spending preparing for the 4-year UG system in 2012: in addition to the above-mentioned capital building construction projects and the implementation of a fully integrated ERP (Enterprise Resources Planning) IS system, the University is looking to hire both faculty and administrative staff in order to transition to 2012. The University is also in the process of reviewing its investment strategy with the objective of building a well-diversified investment portfolio that will enhance long term returns and minimize volatility under different economic conditions.

SIGNED

David Tak-Kei SUN Treasurer of the University 13 November 2009

3

展望

大學將延續為2012年大學四年新學制而制定的策

略開支:除上述新建樓宇建設項目及裝置一個全

整合的企業資源計劃(ERP)訊息系統外，大學將

為過渡2012年而預先聘請學術及行政職員。此外，大學正檢討現有投資策略，旨在建立多元化的

投資組合，增強長期回報並將各種經濟因素引致

的波動降至最低。

日露著

大學司庫

孫德基

2009年11月 13 日

Outlook

The University will continue its strategic spending preparing for the 4-year UG system in 2012: in addition to the above-mentioned capital building construction projects and the implementation of a fully integrated ERP (Enterprise Resources Planning) IS system, the University is looking to hire both faculty and administrative staff in order to transition to 2012. The University is also in the process of reviewing its investment strategy with the objective of building a well-diversified investment portfolio that will enhance long term retums and minimize volatility under di旺'erent economic conditions.

SIGNED

David Tak-Kei SUN Treasurer of the University 13 November 2009

3

~:lz:~Ifcffi!j¥IH~·. INDEPENDENT AUDITOR'S REPORT

Deloitte. q~1h

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To: The Council of The Hong Kong University of Science and Technology

We have audited the financial statements of The Hong Kong University of Science and Technology (the "University") and its subsidiaries (collectively referred to as the "Group") set out on pages 6 to 83, which comprise the consolidated and University balance sheets as at 30 June 2009, the consolidated and University income and expenditure statements, the consolidated and University statements of changes in fund balances and the consolidated and University cash flow statements for the year then ended, and a summary of significant accounting policies and other explanatory notes.

Council's responsibility for the financial statements

The Council of the University is responsible for the preparation and the true and fair presentation of these financial statements in accordance with Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants (the "HKICPA"). This responsibility includes designing, implementing and maintaining internal control relevant to the preparation and the true and fair presentation of the financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

4

獨立核數師報告書

INDEPENDENT AUDITOR'S REPORT

Deloitte. 德勤

致:香港科技大學校董會

本核數師行已完成審核載於第6頁至第83頁內的

香港科技大學["大學"]及其附屬公司[以下合稱"集團"]的財務報表，該等財務報表包括於2009年

6月 30日的綜合資產負債表與大學資產負債表，

以及截至當日止年度的綜合收支報表與大學收

支報表、綜合資金變動表與大學資金變動表與綜合及大學現金流動表，以及主要會計政策概

要及其他附註解釋。

校董會在財務報表的責任

貴校董會負責遵照香港會計師公會頒佈的香港

財務報表準則，編製及真實公平地呈列該等財

務報表。有關責任包括設計、實施及維護與編

製及真實而公平地呈列財務報表有關的內部監

控，以使財務報表不存在由於欺詐或錯誤引起

之重大錯誤陳述、選擇並應用適當的會計政

策;及在不同情況下作出合理的會計估計。

To: The Council of The Hong Kong University of Science and Technology

We have audited the financial statements of The Hong Kong University of Science and Technology (the "University") and its subsidiaries (collectively referred to as the "Group") set out on pages 6 to 83 , which comprise the consolidated and University balance sheets as at 30 June 2009, the consolidated and University income and expenditure statements, the consolidated and University statements of changes in fund balances and the consolidated and University cash flow statements for the year then ended, and a summary of significant accounting policies and other explanatory notes.

Council's responsibility for the financial statements

The Council of the University is responsible for the preparation and the true and fair presentation of these financial statements in accordance with Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants (the "HKICPA"). This responsibility includes designing, implementing and maintaining intemal control relevant to the preparation and the true and fair presentation of the financiaI statements that are free from materiaI misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

4

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*1T~~m ' M~¥fl~Btti:OO~~M~¥fl1!r*J{U ~.&0ZP::[;tg&:1l!k:*!!J&~1m~20091f.6F.l30 B i¥J M~t'\r£tJ& ~~ 1lt B lI: 1f. JJti¥J J&:SZ:Mi¥f;f1J fJhllmlJJ 0

B1i!f!f 1l!"IlJ • ~~~*:1Jwr~Bffi1T ¥J\~wrrrBffi

~~ 20091f.ll F.l13 B

Auditor's responsibility

Our responsibility is to express an opinion on these financial statements based on our audit and to report our opinion solely to you, as a body, and for no other purpose. We do not assume responsibility towards or accept liability to any other person for the contents of this report. We conducted our audit in accordance with Hong Kong Standards on Auditing issued by the HKICP A. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and true and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Council, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements give a true and fair view of the state of affairs of the University and the Group as at 30 June 2009 and their surplus and cash flows for the year then ended in accordance with Hong Kong Financial Reporting Standards.

SIGNED

Deloitte Touche Tohmatsu Certified Public Accountants HONG KONG 13 November 2009

5

核數師的責任

本行的責任乃根據核數的結果，對該等財務報

表發表意見，並僅向貴校董會報告，除此之

外本報告概不可用作其他用途。本行無須就本報告的內容向任何其他人士負上或承擔任何法

律責任。本行乃按照香港會計師公會頒佈的香

港核數準則進行審核工作。該等準則規定本行須遵照道德規定以計劃及進行審核，以合理確

保此等財務報表是否存有重大錯誤陳述。

審核包括進行程序以取得與財務報表所載金額及披露事項有關的審核憑證。選取的該等程序

而見乎核數師的判斷，包括評估由於欺詐或錯誤

引起財務報表出現重大錯誤陳述的風險。在作出該等風險評估時，核數師考慮與實體編製及

真實而公平地呈列財務報表有關的內部監控，

以設計適用於不同情況的審核程序，但並非為

對實體的內部監控是否有效表達意見。審核亦

包括評價貴校董會所採用的會計政策是否恰

當及所作的會計估算是否合理，以及評價財務

報表的整體呈列方式。

本行相信，本行已取得充份恰當的審核憑證，

可為本行提供審核意見的基礎。

意見

本行認為，財務報表已按照香港財務報告準則

真實及公平地反映大學及集團於2009年6月 30日的財務狀況以及截至當日止年度的皈支結算和

現金流動。

已簽署

德勤﹒關黃陳方會計師行

執業會計師

香港

2009年11月 13 日

Auditor's responsibility

Our responsibility is to express an opinion on these financial statements based on our audit and to report our opinion solely to you, as a body, and for no other purpose. We do not assume responsibility towards or accept liabi1ity to any other person for the contents of this report. We conducted our audit in accordance with Hong Kong Standards on Auditing issued by the HKICP A. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free from material rnisstatement.

An audit involves perforrning procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material rnisstatement of the financial statements, whether due to fraud or error. In making those risk assessments , the auditor considers internal control relevant to the entity's preparation and true and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's intemal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Counci1, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opmlOn.

Opinion

In our opinion, the financial statements give a true and fair view of the state of affairs of the University and the Group as at 30 June 2009 and their surplus and cash f10ws for the year then ended in accordance with Hong Kong Financial Reporting Standards.

SIGNED

Deloitte Touche Tohmatsu Certified Public Accountants HONGKONG 13 November 2009

5

**~!&3t¥~~ ~~009~6f3 30 S Jl:~)j{

CONSOLIDATED INCOME AND EXPENDITURE STATEMENT FOR THE YEAR ENDED 30 JUNE 2009

J&A Income

i&J&~Jljj&fi~ Government Subventions and Grants

~Jl ' ll*fi:&J'tft!!.!&Jl Tuition, Programmes and Other Fees

fU,'i~!-15Z.~~!&/\ Interest and Investment Income

~H'f.m~ Donations and Benefactions

ilil!iJljjHIU9J&;!'tft!!.!&/\ Auxiliary Services and Other Income

"tli§~rm11l1'frm Transfers from Capital Reserves

M~ Expenditure

~ffq&m:Y"G Learning and Research

~~&m:Y"G Instruction and Research

IiItU'El Library

t:J=t9i!:.H~~rm Central Computing Facilities

:!'tft!!.~~mU9J Other Academic Services

f5tM:5i:m Institutional Support

~3!I[&-JN:~M Management and General

f5t*&1fJijJJlm Premises and Related Expenses

~1:.&-JN:~JC~'HIiM Student and General Education Services

:!'tft!!.mib Other Activities

~J.t'iflmPJTH~ Surplus from operation for the year

IWtt Notes

4

5

6

7

8

23

9

6

2009 $'000

1,521,252

592,514

124,315

67,467

242,807

134,682

.... ~!.?~2P?? ...

1,667,763

80,517

87,987

52,035

1,888,302

130,254

380,593

122,211

35,991

669,049

..... ?!.??7.~2.?.~ ... 125,686

U Restated

2008 $'000

1,597,800

596,447

118,548

204,169

212,761

127,614

.. ... ?&?2.!~2.?. ...

1,572,366

79,712

68,628

46,228

1,766,934

128,009

361,326

109,029

35,865

634,229

..... ?!.1.Q.~.!.~~.? ... 456,176

綜合收支報表

截至2009年6月 30日止年度CONSOLIDATED INCOME AND EXPENDITURE STATEMENT

FOR THE YEAR ENDED 30 JUNE 2009

附註

Notes 2009 $'00。

重編

Restated 2008 $'00。

收入Income

政府資助及撥款

Govemment Subventions and Grants 4 1,521 ,252 1,597,800

5 592,514 596,447

6 124,315 118,548

7 67,467 204,169

8 242,807 212,761

23 134,682 127,614

2,683,037 2,857,339

9

學費、課程及其他放費

Tuition, Programmes and Other Fees

利息及投資收入Interest and Investm巳ntlncome

外界捐款

Donations and Benefactions

輔助服務及其他收入

Auxiliary Services and Other Income

轉撥自設備儲備

Transfers from Capital Reserves

開支Expenditure

hu puw a e

ρLW

R AU 究組研曙敝

m學k

教學及研究

Instruction and Research 1,667,763 1,572,366

圖書館

Library

中央電腦設備

Central Computing Facilities

80,517 79,712

87,987 68,628

其他教學服務

Other Academic Services 52,035 46,228

1,888,302 1,766,934 校務支援

Institutional Support

位n

巴G AU

務組

ι缸tr4

••• 般叫

-m 及個可

理叩

管M

學生及一般教育服務

Student and General Education Services

130,254 128,009

380,593 361,326

122,211 109,029

35,991 35,865

669,049 634,229 2,557,351 2,401 ,163

125,686 456,176

6

校舍及有關費用

Premises and Related Expenses

其他活動

Other Activities

本年度營運所得盈餘Surplus from operation for the year

**-€iJ&5l¥~~(*i) ~:¥.20091f6 JBO B 1I::1f~

CONSOLIDATED INCOME AND EXPENDITURE STATEMENT (Cont'd) FOR THE YEAR ENDED 30 JUNE 2009

PJT{~~I"tJf.21!$UOOfti¥J*~~~~ Share of Result of a Jointly Controlled Entity

pJT{~WMFfif1} 1'l]i¥J*~~U Share of Result of an Associate

~Ji:"ltmHli~ Surplus for the year before transfers

"1t¥/(~) : Transfers to I (from):

*,~ih~JCiW~llb~~~(~~~)~¥m;,x~. University Grants Committee (UGC) Block Grant Reserves

.~:&~~WfDCWmff,Xfill!. Donations and UGC Matching Grants Reserves

Jtf&~. Other Reserves

7

mitt 2009 Notes $'000

(150)

4,085

129,621

24 (60,026)

25 82,669

26 106,978

129,621

~ Restated

2008 $'000

(1,124)

3,142

458,194

35,879

284,378

137,937

458,194

綜合收支報表(續)

截至2009年6月30日止年度CONSOLIDATED INCOME AND EXPENDITURE STATEMENT (Cont'd)


所佔共同控制個體的經營業績

Share ofResult of a Jointly Controlled Entity

所佔聯營公司的經營業績

Share of Result of an Associate

本年度轉撥前盈餘

Surplus for the year before transfers

轉摟至 I(自) : Transfers to I (from):

大學教育資助委員會(教資會)整筆撥款儲備

University Grants Committee (UGC) Block Grant Reserves

籌募及教資會配對撥款儲備

Donations and UGC Matching Grants Reserves

其他儲備

Other Reserves

7

附註 2009 Notes $'00。

(150)

4,085

129,621

24 (60,026)

25 82,669

26 106,978

129,621

重編


(1 ,124)

3,142

458 ,194

35,879

284,378

137,937

458 ,194

*~!&~~~ ~~20091f:6f3 308 l1:1f:Lt

UNIVERSITY INCOME AND EXPENDITURE STATEMENT FOR THE YEAR ENDED 30 JUNE 2009

J&A Income

i&!&~JjjillUiijjX Government Subventions and Grants

!!J!Jr ' ~fj:&JtfiM~Jr Tuition, Programmes and Other Fees

fU,\~t&~~J&A Interest and Investment Income

>'f.5'Hl'3ijjX Donations and Benefactions

iJiIijJj}]ij~~ ;&;!tft!1,J&A Auxiliary Services and Other Income

"m§lW:WHiiIIMil Transfers from Capital Reserves

M:st Expenditure

!!J!{JItJ;&~~ Learning and Research

~!!J!;&Wf~ Instruction and Research

1iII.~ Library

1ft :'R:~m~jlW:~ Central Computing Facilities

;!tft!1,~!!J!H~~ Other Academic Services

t$(~:stm Institutional Support

tg3!l!;&-JN:$~

Management and General

t$(~;&~IIJrffl Premises and Related Expenses

!!J!~;&-JN:f!{lifij~~ Student and General Education Services

;!tft!1,m!l1JJ Other Activities

~gmiWEitii Surplus for the year before transfers

IlMtt Notes

4

5

6

7

8

23

9

8

2009 $'000

1,519,823

571,606

125,976

67,467

178,183

134,682

" ........ ~~???~7}?. ...

1,570,675

80,517

87,274

52,035

1,790,501

124,316

380,593

122,211

47,991

675,111

.......... ~~1.??.~§.~~ ... 132,125

U Restated

2008 $'000

1,597,614

563,860

118,893

204,169

155,062

127,614

.......... ?:??§.???~.? ...

1,479,635

79,712

67,973

46,228

1,673,548

117,871

361,326

109,029

55,865

644,091

.......... ?:?n???~.? ... 449,573

大學收支報表截至2009年6月30日止年度

UNIVERSITY INCOME AND EXPENDITURE STATEMENT


收入Income

政府資助及撥款

Government Subventions and Grants

學費、課程及其他收費

Tuition, Programmes and Other F，自S

利息及投資收入Interest and Investment Income

外界捐款

Donations and Benefactions

輔助服務及其他收入

Auxiliary Services and Other Income

轉撮自設備儲備


開支Expenditure

學術及研究Learning and Research

教學及研究

Instruction and Research

圖書館

Library

中央電腦設備

Centra1 Computing Facilities

其他教學服務

Other Academic Services

校務支援

Institutiona1 Support

管理及一般事務

Management and Genera1




Student and Genera1 Education S巳:fvices

其他活動

Other Activities

本年度轉摟前盈餘Surplus for the year before transfers

8

附註

Notes

4

5

6

7

8

23

9

2009 $'000

1,519,823

571 ,606

125,976

67,467

178,183

134,682

2,597,737

1,570,675

80,517

87,274

52,035

1,790,501

124,316

380,593

122,211

47,991

675,111 2,465,612

132,125

重騙


1,597,614

563,860

118,893

204,169

155,062

127,614

2 ,767,212

1,479,635

79,712

67,973

46,228

1,673,548

117,871

361 ,326

109,029

55,865

644,091 2 ,317,639

449,573

*~l&3t~3X(.) ~¥20091f:6.F.I 30 13l1::1f:JJl

UNIVERSITY INCOME AND EXPENDITURE STATEMENT (Cont'd) FOR THE YEAR ENDED 30 JUNE 2009

ID[i: 2009 Notes $'000

(DJm¥./(E''i) : Transfers to I (from):

il&~~~m~WI!~ 24 (60,026) UGC Block Grant Reserves

.~&~~tflliCl'Mm~WI!~ 25 82,443 Donations and UGC Matching Grants Reserves

~fjgWl!~ 26 109,708 Other Reserves

132,125

9

a Restated

2008 $'000

35,879

278,028

135,666

449,573

大學收支報表(續)截至2009年6月30日止年度

UNIVERSITY INCOME AND EXPENDITURE STATEMENT (Cont'd) FOR THE YEAR ENDED 30 JUNE 2009

附註 2009 Notes $'00。

轉撥至 I(自) :

Transfers to I (from):

教資會整筆撥款儲備 24 (60,026) UGC Block Grant R巴serves

籌募及教資會配對撥款儲備 25 82,443 Donations and UGC Matching Grants Reserv巴s

其他儲備 26 109,708 Other Reserves

132,125

9

重編


35,879

278,028

135,666

449,573

**~.~~1Jt~ 20091f6Fi 30 EI

CONSOLIDATED BALANCE SHEET

AS AT 30 JUNE 2009

;lpmtllJiiim Non-Current Assets

!to/.J~!t&~rm Property and Equipment

:f-E~¥u:M B ~;f$§1iit[ Held-to-Maturity Financial Assets

-a:r {~I:B tt~;f$§~ it[ Available-for-Sale Financial Assets

1n!fMl~i} -I§'}ffltliti Interest in an Associate

1nft~1t~;fI:6it Interest in a Joint Venture

¥u:M B mj&!-~ZJE:Mff~jz Bank Deposits with Maturity over One Year

mt!l!bj{~ Current Assets

:f-¥.¥¥u:M B ~;f$§1iit[ Held-to-Maturity Financial Assets

ff~ Stocks

Jf!J&~~2?dJH1ff,XJ]:i Accounts Receivable and Prepayments

@:¥U:MBmi&!-=@I~ ZJE;Wjff~jz Bank Deposits with Original Maturity over Three Months

:fJ[izR~I¥IJJJ[iz

Cash and Cash Equivalents

mt!l!bJtfi Current Liabilities

Jf!1t~ff,XR~j:jt.ffl Accounts Payable and Accruals

¥)(~~mfUtirm Provision for Staff Benefits

it~J&~ Deferred Income

UIltt Notes

11

12

12

13

14

12

17

18

19

20

21

22

2009 $'000

3,324,331

214,240

887,452

50,401

0

328,500

4,804,924

158,623

672

135,994

1,297,739

1,560,026

272,204

61,726

646,719

............................... 980,649

mt!l!bj{~H 2,172,405 Net Current Assets

ii~~fl_lIJ~fi 6,977,329 Total Assets Less Current Liabilities

10

2008 $'000

3,251,755

161,683

978,957

47,235

150

373,500

4,813,280

7,568

480

134,120

75,000

2,676,458

..... ?&??..~~~~ ..

250,723

67,025

420,106

............................... 737,854

2,155,772

6,969,052

綜合資產負債表

2009年6月 30日CONSOLIDATED BALANCE SHEET

AS AT 30 JUNE 2009

非流動資產

Non-Current Assets

物業及設備

Property and Equipment

持至到期日財務資產

Held-to-Maturity Financial Assets

可供出售財務資產

Available-for-Sale Financial Assets

於聯營公司權益

Interest in an Associate

於合資企業權益

Interest in a J oint Venture

到期日超過一年之定期存款

Bank Deposits with 1\在aturity over One Year

流動資產

Current Assets



存貨Stocks

應收眼款及預付款項

Accounts Receivable and Prepayments

原到期日超過三個月之定期存款

Bank Deposits with Original Maturity over Three Months

現金及等同現金

Cash and Cash Equivalents

流動負債

Current Liabilities

應付脹款及應計費用

Accounts Payable and Accruals

教職員福利撥備

Provision for Staff Benefits

遞延收益

Deferred Income

流動資產淨值

Net Current Assets

資產總值減流動負債

Total Assets Less Current Liabilities

10

附註

Notes

11

12

12

13

14

12

17

18

19

20

21

22

2009

$'00。

3,324,331

214,240

887,452

50,401

O

328,500

4,804,924

158,623

672

135,994

1,297,739

1,560,026

3,153,054

272,204

61 ,726

646,719

980,649

2,172,405

6,977,329

2008 $'00。

3,251 ,755

161,683

978,957

47,235

150

373,500

4,813,280

7,568

480

134,120

75,000

2,676,458

2,893,626

250,723

67,025

420,106

.................... 737,854

2,1 55,772

6,969,052

**~.~~{l~(M) 20091f.6~ 30 B

CONSOLIDATED BALANCE SHEET (Cont'd)

AS AT 30 JUNE 2009

~FmtllJ~ti Non-Current Liabilities

~IMj.1 fMfUfifffi Provision for Staff Benefits

jfm~ NET ASSETS

~fffi-Mf. Capital Reserves

~jfit~.m~-Mf. UGC Block Grant Reserves

.~:&~tilft!!Mm~-Mf.

j{fJil± Notes

21

23

24

25 Donations and UGC Matching Grants Reserves

;ttfIY-Mf. 26 Other Reserves

~jfmfr!i-Mf. Investment Revaluation Reserve

jf~~ TOTAL FUNDS

~j[1t:tn20091f11 ~ 13 B ~<t*M~¥&~ Approved by the Council on 13 November 2009

B1i!N fJM!£

*8JRJ_ SIGNED

David T.K. SUN Treasurer of the University

SIGNED TonyF. CHAN

President

11

2009 $'000

50,304

6,927,025

3,324,331

1,024,969

1,757,282

797,191

23,252

6,927,025

2008 $'000

41,423

6,927,629

3,251,755

1,103,671

1,677,520

754,883

139,800

6,927,629

B1i!N 'fi1!tJ'~

~:E!l.!Mli~~(1=ri&):&~j~~~~ SIGNED

Philip S.P. WONG Associate Vice-President for Administration and Business

and Director of Finance

綜合資產負債表(續)

2009年6月 30日CONSOLIDATED BALANCE SHEET (Cont'd)

AS AT 30 JUNE 2009

非流動負債

Non-Current Liabilities



資產淨值

NETASSETS

設備儲備

Capital Reserves

教資會整筆撥款儲備

UGC Block Grant Reserves

當募及教資會配對撥款儲備

附註

Notes

21

23

24

25 Donations and UGC Matching Grants Reserves

其他儲備

Other Reserves

投資重估儲備

Investment Revaluation Reserve

資金牌和

TOTALFUNDS

26

校董會於2009年11月 13日核准本財務報表

Approved by the Counci1 on 13 November 2009

己是草書

孫德基

大學司庫

SIGNED David T.K. SUN

Treasurer of the University

日草草書

陳繁昌

校長

SIGNED TonyF. CHAN

President

11

2009

$'00。

50,304

6,927,025

3,324,331

1,024,969

1,757,282

797 ,1 91

23,252

6,927,025

2008 $'00。

41 ,423

6,927,629

3,251 ,755

1,103,671

1,677,520

754,883

139,800

6,927,629

旦這莘莘F

黃世邦

協理副校長(行政)及財務處處長

SIGNED Philip S.P. WONG

Associate Vice-President for Administration and B usiness

and Director of Finance

*~1i~~1l~ 2009if6.F.J 30 B

UNIVERSITY BALANCE SHEET

AS AT 30 JUNE 2009

~~mtlbjl~ Non-Current Assets

!fo/J~it&~ffft Property and Equipment

:f{r:~¥U;!t§ B M~ji.ii: Held-to-Maturity Financial Assets

PI fj!J±:l~~j~jiji Available-for-Sale Financial Assets

1!itji:tn~~f.f0 NJ Investment in an Associate

1!itji:tn~t J150 NJ Investments in Subsidiaries

~~-=y~tJll0 NJ Loan to a Subsidiary

¥tl;!t§ B ~i&!-1fZ5E;!t§f¥~ Bank Deposits with Maturity over One Year

mtlbjl~ Current Assets

:M=.¥¥u;!t§ B M~ji.ii: Held-to-Maturity Financial Assets

f¥i!{ Stocks

JJ!U&ll&~:&tJH1~JJ.i Accounts Receivable and Prepayments

JJj(¥tl;!t§ B mi&!':::' 111 J§ Z5E;!t§f¥~ Bank Deposits with Original Maturity over Three Months

:EJb%::& ~[8J:E~3iZ Cash and Cash Equivalents

mtlbjt{ft Current Liabilities

JJ!f1ll&~:&~~.m Accounts Payable and Accruals

~IM~ tMfljfiMfJ Provision for Staff Benefits

~~r&~ Deferred Income

mtllJjl~H Net Current Assets

jl~~fl_lIJjt.

Total Assets Less Current Liabilities

12

IWltt Notes

11

12

12

13

15

16

12

17

18

19

20

21

22

2009 $'000

3,291,678

214,240

886,452

9,430

10,000

36,200

328,500

4,776,500

158,623

672

169,140

1,297,739

1,412,713

185,760

61,344

643,584

............................... 890,688

2,148,199

6,924,699

2008 $'000

3,235,111

161,683

977,957

9,430

10,000

0

373,500

4,767,681

7,568

480

151,105

75,000

2,587,601

187,492

66,520

420,106

.............................. 674,118

2,147,636

6,915,317

?F~MifJ~{I Non-Current Liabilities

~~~ fMfljfivm

*~ji~Afjt~(*I) 2009~6 J=j 30 B

UNIVERSITY BALANCE SHEET (Cont'd)

AS AT 30 JUNE 2009

IIfttt Notes

21 Provision for Staff Benefits

JiilH NET ASSETS

~vmflvm Capital Reserves

~~~*Uflfii UGC Block Grant Reserves

•• &~~DaWm~flfIi Donations and UGC Matching Grants Reserves

~f&flfIi Other Reserves

:HtJiiift!iflfii Investment Revaluation Reserve

Ji~ft1 TOTAL FUNDS

23

24

25

26

13

2009 $'000

50,304

6,874,395

3,291,678

1,024,969

1,769,444

765,052

23,252

6,874,395

2008 $'000

41,423

6,873,894

3,235,111

1,103,671

1,691,551

703,761

139,800

6,873,894

大學資產負債表(續)

2009年6月 30日UNlVERSITY BALANCE SHEET (Cont'的

AS AT 30 JUNE 2009

非流動負債

Non-Current LiabiIities



資產潮區NETASSETS

設備儲備

Capital Reserves

教賣會整筆撥款儲備

UGC Block Grant Reserves

當募及教資會配對撥款儲備

Donations and UGC Matching Grants Reserves

其他儲備

Other Reserves

投資重估儲備

Investment Revaluation Reserve

資金融和

TOTALFUNDS

13

附註

Notes

21

23

24

25

26

2009 $'00。

50,304

6,874,395

3,291 ,678

1,024,969

1,769,444

765,052

23,252

6,874,395

2008 $'00。

41 ,423

6,873,894

3,235 ,111

1,103,671

1,691 ,551

703,761

139,800

6,873,894

**-g.il1fi~JJJ~ CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES

.~&~.~ iHBf;JIl~ftfi

Donations ~IDtfi£ii ~.~~.Il~ and UGC m.m:fiSftfi

Deferred m5E£ii ·IDtfiftfi ftVi Matching Jtftl!ftVi Investment Capital Restricted ;!tftl!£ii Capital UGCBlock Grants Other Revaluation jf~fD Funds Funds Other Funds Reserves Grant Reserves Reserves Reserves Reserve Total Funds $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000

cllftli23) cllftli24) cllftli25) cllftli26) (Note 23) (Note 24) (Note 25) (Note 26)

2007if.7 J=l18 Z~~ 2,803,407 1,510,616 2,195,297 0 0 0 0 0 6,509,320

Balance as at 1 July 2007, as previously reported

m~JT:B-~ (2,803,407) (1,510,616) (2,195,297) 3,277,464 1,067,792 1,398,165 631,757 134,142 0

Reclassification

2007if.7 J=l18 Zm~~~ 0 0 0 3,277,464 1,067,792 1,398,165 631,757 134,142 6,509,320

Balance as at 1 July 2007, restated

*if.~~~ , m~Olf;.ttt2.l) 0 0 0 0 35,879 284,378 137,937 0 458,194 Surplus for the year, restated (Note 2.1)

~ J:iJ {~tI:.\ 1§:~;fr95j{~*.f~Z~fU 0 0 0 0 0 0 0 2,687 2,687 Unrealised gain on Available-for-Sale Financial Assets

~tI:.\ 1§:J:iJ {~tI:.\ 1§:~;fr95j{~~~~zJff§t~*ilifti~J&~¥~~ 0 0 0 0 0 0 0 2,971 2,971 Loss realised upon disposal of Available-for-Sale Financial Assets transferred to income and expenditure

iliffi§ wlHlJ&~ 0 0 0 75,395 0 0 0 0 75,395 Transfers from Deferred Income

iIif~~J&~¥~~ 0 0 0 (127,614) 0 0 0 0 (127,614) Transfers to income and expenditure statement

W~-umft-um~lIzj{:&ilifti 0 0 0 25,978 0 (6,131) (19,847) 0 0 Inter-fund transfer in connection with capital expenditure

~~~if0 R]pJT{ti$:5Eft-umz~!IIJJ 0 0 0 0 0 0 (295) 0 (295)

Change in share of statutory reserves of an Associate

l1i:§tft-umZ~!IIJJ 0 0 0 532 0 1,108 5,331 0 6,971 Change in exchange reserve

2008if.6 J=l30 8 z~~ 0 0 0 3,251,755 1,103,671 1,677,520 754,883 139,800 6,927,629 Balance as at 30 June 2008

1!llJitJjRJldtfN.Jl1Jf@ 7 !fiJti:fJ'lf/flfjrf[flifftfY 211Jff1 ' ;J/;1!!1J!lM#f1/d 10 0

The fund balances are reclassified in alignment with the segment categories as shown in the Income and Expenditure by segment under Note 10.

14

綜合資金變動表

CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES

轉募及教資會

配對撥款儲備

Donations 遞延設備基金教資會整筆撥款 and UGC 投資重估儲備

Deferred 限定基金設備儲備儲備 Matching 其他儲備 Investment Capital Restricted 其他基金 Capital UGC Block Grants Other Revaluation 資金總和

Funds Funds OtherFunds Reserves Grant Reserves Reserves Reserves Reserve TotalFunds

$'00。 $'00。 $'000 $'00。 $'00。 $'00。 $'00。 $'00。 $'00。(附註23) (附註24) (附註25) (附註26)

(Note 23) (Note 24) (Note 25) (Note 26)

2007年7月 1 日之結餘 2,803 ,407 1,510,616 2,195,297 O O O O O 6,509,320 Balance as at 1 July 2007, as previously reported

重新分類 (2,803,407) (1 ,510,616) (2,195 ,297) 3,277,464 1,067,792 1,398,165 631 ,757 134,142 O Reclassification

2007年7月 1 日之重編結餘 O O O 3,277 ,464 1,067 ,792 1,398,165 631 ,757 134,142 6,509,320 Balance as at 1 July 2007 , restated

本年度盈餘，重編(附註2.1) O O O O 35 ,879 284,378 137,937 O 458 ,194 Surplus for the year, restated (Note 2.1)

於可供出售財務資產末實現之盈利 O O O O O O O 2,687 2,687 Unrealised gain on Available-for-Sale Pinancial Assets

於出售可供出售財務資產時產生之虧損被轉撥至收支報表 O O O O O O O 2,971 2,971 1ρss realised upon disposal of Available-for-Sale Pinancial Assets transferred to income and expenditure

轉撥自遞廷收益 O O O 75 ,395 O O O O 75 ,395 Transfers from Deferred Income

轉眼至收支報表 O O O (1 27,614) O O O O (1 27,614) Transfers to income and expenditure statement

與設備儲備有關之資金轉撥 O O O 25 ,978 O (6,131) (19,847) O O Inter-fund transfer in connection with capital expenditure

於聯營公司所佔法定儲備之變動 O O O O O O (295) O (295)

Change in share of statutory reserves of an Associate

匯兌儲備之變動 O O O 532 O 1,108 5,331 O 6,971 Change in exchange reserve

2008年6月 30日之結餘 O O O 3,251 ,755 1,103,671 1,677,520 754,883 139,800 6,927 ,629 Balance as at 30 June 2008

軍揣冒反?賞登輝是希岩紹了lfiJ~豆子局ffJ/j(支持F表月'iZJifA霄，兵在車是當於YffÝ!dl0 0

The fund balancesare reclassified in alignment with the segment categories as shown in the Income and Expenditure by segment under Note 10.

14

**~Ji1iZ~IJJ~(.) CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES (Cont'd)

•• :&~il\t ftlwm~ftVli

Donations ~~VIi~~ ~il\t~.fi~ and UGC :J)tilj{:fi!iftVli

Deferred lIN)Eft ~VliftVli ftVli Matching ~ftl!ftVli Investment Capital Restricted ~ftl!~~ Capital UGCBlock Grants Other Revaluation Jl~~;ftJ Funds Funds Other Funds Reserves Grant Reserves Reserves Reserves Reserve Total Funds $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000

(!}fttt23) (!}fttt24) (!}fttt25) (!}fttt26) (Note 23) (Note 24) (Note 25) (Note 26)

2008~7 Jj 1 B zMi~ 0 0 0 3,251,755 1,103,671 1,677,520 754,883 139,800 6,927,629 Balance as at 1 July 2008

*~Et:g{~ / (JI§*$) 0 0 0 0 (60,026) 82,669 106,978 0 129,621 Surplus / (deficit) for the year

1l~ PI 1~1:B i§:~;,f~9f~~*JrfJil,zJl§t~ 0 0 0 0 0 0 0 (90,059) (90,059) Unrealised loss on Available-for-Sale Financial Assets

PI 1~1:Bi§:~;,f~'ii~Z*.;fJil,:g{fU1i~1:B i§:!fiJfBHit~£:&"1~~JI1oz:¥~~ 0 0 0 0 0 0 0 (26,489) (26,489) Recognition of unrealised gain on disposal of Available-for-Sale Financial Assets transferred to income and expenditure statement

"1~§~~J&~ 0 0 0 119,606 0 0 0 0 119,606 Tranfers from Deferred Income

"~~J&3Z¥~~ 0 0 0 (134,682) 0 0 0 0 (134,682) Transfers to income and expenditure statement

W~VliftVlilf~z'ii~$'f:i 0 0 0 87,669 (18,676) (3,952) (65,041) 0 0 Inter-fund transfer in connection with capital expenditure

~1if!,'ii~"1~ 0 0 0 0 0 996 (996) 0 0 Other inter-fund transfer

~'~-i'0 WJPfT1t!il'!lE ftVliz~tJJ 0 0 0 0 0 0 1,884 0 1,884 Change in share of statutory reserves of an Associate

lIi.:Q;ftVliz~tJJ 0 0 0 (17) 0 49 (517) 0 (485)

Change in exchange reserve

2009~6Jj 30 B zMi~ 0 0 0 3,324,331 1,024,969 1,757,282 797,191 23,252 6,927,025 Balance as at 30 June 2009

15

綜合資金變動表(續)

CONSOLIDATED STATEMENT OF CHANGES IN FUND BALANCES (Cont'd)

轉募及教資會

配對撥款儲備

Donations 避延設備基金教資會整葷撥款 and UGC 投資重估儲備

Deferred 限定基金設備儲備儲備 Matching 其他儲備 Investment Capital Restricted 其他基金 Capital UGCBlock Grants Other Revaluation 資全線、和Funds Funds OtherFunds Reserves Grant Reserves Reserves Reserves Reserve TotalFunds

$'00。 $'00。 $'00。 $'00。 $'00。 $'00。 $'000 $'00。 $'00。(附註23) (附註24) (附註25) (附註26)


2008年7月 1 日之結餘 O O O 3,251 ,755 1,103,671 1,677,520 754,883 139,800 6,927,629 Ba1ance as at 1 Ju1y 2008

本年度盈餘/ (虧細) O O O O (60,026) 82,669 106,978 O 129,621 Surp1us / (deficit) for the year

於可供出售財務資產末實現之虧損 O O O O O O O (90,059) (90,059) Unrealised 10ss on Availab1e-for-Sa1e Financia1 Assets

可供出售財務資產之末實現盈利於出售時被確認及轉撥至收支報表 O O O O O O O (26,489) (26,489) Recognition of unrealised gain on disposa1 of A vailab1e回for-Sa1e Financia1 Assets transferred to income and expenditure statement

轉撥自遞延收盤 O O O 119,606 O O O O 119,606 Tranfers from Deferred Income

轉眼至收支報表 O O O (134,682) O O O O (134,682) Transfers to income and expenditure statement

與設備儲備有關之資金轉撥 O O O 87,669 (18,676) (3 ,952) (65,041) O O Inter-fund transfer in connection with capital expenditure

其他資金轉撥 O O O O O 996 (996) O O

Other inter-fund transfer

於聯營公司所佔法定儲備之變動 O O O O O O 1,884 O 1,884 Change in share of statutory reserves of an Associate

匯兌儲備之變動 O O O (17) O 49 (517) O (485) Change in exchange reserve

2009年6月 30日之結餘 O O O 3,324,331 1,024,969 1,757,282 797,191 23,252 6,927,025 Balance as at 30 June 2009

15

*~Ji~~j}]~ UNIVERSITY STATEMENT OF CHANGES IN FUND BALANCES

.~'&~.fI oot-Jm~ ••

Donations Mrut.~~ ~.fI~.m~ andUGC ~.mfi!i ••

Deferred m~~~ rut ••• •• Matching ~f& •• Investment Capital Restricted ~f&~~ Capital UGCBlock Grants Other Revaluation Jl~ Funds Funds Other Funds Reserves Grant Reserves Reserves Reserves Reserve Total Funds $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000

(Ilftli23) (Ilftli24) (Ilftli25) (Ilftli26) (Note 23) (Note 24) (Note 25) (Note 26)

200747 J=l1 a zMf~ 2,803,407 1,499,412 2,168,063 0 0 0 0 0 6,470,882 Balance as at 1 July 2007, as previously reported

m*JT:5H~ (2,803,407) (1,499,412) (2,168,063) 3,270,096 1,067,792 1,413,256 585,596 134,142 0 Reclassification

200747 J=l1 a zm*IMf~ 0 0 0 3,270,096 1,067,792 1,413,256 585,596 134,142 6,470,882 Balance as at 1 July 2007, restated

*4J}fli~ , m*I(llfttt2.1) 0 0 0 0 35,879 278,028 135,666 0 449,573 Surplus for the year, restated (Note 2.1)

:tnm{;tl;l±\l~Hlt~~~*.:f],zlifU 0 0 0 0 0 0 0 2,687 2,687 Unrealised gain on Available-far-Sale Financial Assets

:tnl±\mm{;tl;llim~t~~~~~~zli§fffil*Bl"f3l3:?)&3Z¥~~ 0 0 0 0 0 0 0 2,971 2,971 Loss realised upon disposal of Available-far-Sale Financial Assets transferred to income and expenditure

"~§jlrofJ&tiit 0 0 0 75,395 0 0 0 0 75,395 Transfers to Deferred Income

"~~J&3Z¥~~ 0 0 0 (127,614) 0 0 0 0 (127,614) Transfers to income and expenditure statement

W~Vffl.Vffl1jlHJz~1iZ"~ 0 0 0 17,234 0 267 (17,501) 0 o . Inter-fund transfer in connection with capital expenditure

200846 J=l30 a zMf~ 0 0 0 3,235,111 1,103,671 1,691,551 703,761 139,800 6,873,894 Balance as at 30 June 2008

JJlIlif@:Hffdi!fIiJf1~ 7i'JBitfJ't1!JJ&Jtlli}!tfYzllf!!i ' JI..-ml!/m'f!(1lt 10 0


16

大學資金變動表UNIVERSITY STATEMENT OF CHANGES IN FUND BALANCES

續募及教資會

v' 配對撥款儲備

Donations 遞延設備基金教資會整筆撥款 andUGC 投資重估儲備

Deferred 限定基全設備儲備儲備 Matching 其他儲備 Investment Capital Restricted 其他基金 Capital UGC Block Grants Other Revaluation 資金總和

Funds Funds OtherFunds Reserves Grant Reserves Reserves Reserves Reserve TotalFunds $'00。 $'000 $'000 $'00。 $'00。 $'00。 $'00。 $'00。 $'000

(附註23) (附註24) (附註25) (附註26)


2007年7月 1 日之結餘 2,803,407 1,499,412 2,168,063 O O O O O 6,470,882 Balance as at 1 July 2007 , as previously reported

重新分類 (2,803 ,407) (1,499,412) (2,168,063) 3,270,096 1,067,792 1,413 ,256 585,596 134,142 O Reclassification

2007年7月 1 日之重編結餘 O O O 3,270,096 1,067 ,792 1,413 ,256 585 ,596 134,142 6,470,882 Balance as at 1 July 2007, restated

本年度盈餘，重編(附註2.1) O O O O 35,879 278 ,028 135,666 O 449,573 Surplus for the year, restated (Note 2.1)

於可供出售財務資產末實現之盈利 O O O O O O O 2,687 2,687 Unrealised gain on Avai1able-for-Sale Pinancial Assets

於出售可供出售財務資產時產生之虧損被轉撥至收支報表 O O O O O O O 2,971 2,971 Iβss realised upon disposal of Avai1able-for-Sale Pinancial Assets transferred to income and expenditure

轉撥自遞延收益 O O O 75 ,395 O O O O 75 ,395 Transfers to Deferred Income

轉眼至收支報表 O O O (127,614) O O O O (127 ,614) Transfers to income and expenditure statement

與設備儲備有關之資金轉撥 O O O 17,234 O 267 (17 ,501) O O Inter-fund transfer in connection with capital expenditure

2008年6月 30日之結餘 O O O 3,235 ,111 1,103,671 1,691 ,551 703,761 139,800 6,873 ,894 Balance as at 30 June 2008

車揚言丘夕賓主含在于是希岩'.ß$7i'JB:至于天天i1ßJ/:t支持按丹2屆青竅 ';j早就晶宮於W1ltl0 0


16

*~ji~~IfJ~(It) UNIVERSITY STATEMENT OF CHANGES IN FUND BALANCES (Cont'd)

fiJJ&*Xjf11)" OOtifl~ftfli

Donations

~mtfli~il *Xn •• fI~ andUGC tiJUll{i!iftfli Deferred mjE~il mtfllftMf ftMf Matching 1tft!!ftMf Investment Capital Restricted 1tft!!~il Capital UGCBlock Grants Other Revaluation ~il~fI1 Funds Funds Other Funds Reserves Grant Reserves Reserves Reserves Reserve Total Funds $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000 $'000

(~1tt23) (~1tt24) (~1tt25) (~1tt26) (Note 23) (Note 24) (Note 25) (Note 26)

20081f7 Jj 1 B Z*S~ 0 0 0 3,235,111 1,103,671 1,691,551 703,761 139,800 6,873,894

Balance as at 1 July 2008

2f>:1fJJtm~ / (iI5*Hl) 0 0 0 0 (60,026) 82,443 109,708 0 132,125

Surplus / (deficit) for the year

~ PJ1~I:Bi§=M~Ji~*.fJil,zil5fj':! 0 0 0 0 0 0 0 (90,059) (90,059)

Unrealised loss on Available-for-Sale Financial Assets

PJ1~I:Bi§=M~Ji~z*.fJil,mffj~l:Bi§=aiJ*lit&'2,&"fi~!&5[¥~~ 0 0 0 (26,489) (26,489)

Recognition ofunrealised gain on disposal of Available-for-Sale Financial 0 0 0 0 Assets transferred to income and expenditure statement

.m§~~!&iiit 0 0 0 119,606 0 0 0 0 119,606 Tranfers from Deferred Income

"~~!&5[¥~~ 0 0 0 (134,682) 0 0 0 0 (134,682) Transfers to income and expenditure statement

W~§f:VlifiHfMi~mmzJi4z"m 0 0 0 71,643 (18,676) (5,546) (47,421) 0 0 Inter-fund transfer in connection with capital expenditure

~{i!!Ji4z.fi 0 0 0 0 0 996 (996) 0 0

Other inter-fund transfer

20091f6Jj 30 B Z*S~ 0 0 0 3,291,678 1,024,969 1,769,444 765,052 23,252 6,874,395 Balance as at 30 June 2009

大學資金變動表(續)UNIVERSITY STATEMENT OF CHANGES IN FUND BALANCES (Cont'd)

籌募及教賣會

配對撥款儲備

Donations 遞延設備基金教賣會整筆撥款 andUGC 投資重估儲備

Deferred 限定基金設備儲備儲備 Matching 其他儲備 Investment Capital Restricted 其他基金 Capital UGCBlock Grants Other Revaluation 資金總和

Funds Funds OtherFunds Reserves Grant Reserves Reserves Reserves Reserve TotalFunds

$'00。 $'00。 $'000 $'00。 $'000 $'00。 $'00。 $'00。 $'000 (附註23) (附註24) (附註25) (附註26)


2008年7月 1 日之結餘 O O O 3,235,111 1,103,671 1,691 ,551 703,761 139,800 6,873,894 Ba1ance as at 1 Ju1y 2008

本年度盈餘/ (虧細) O O O O (60,026) 82,443 109,708 O 132,125 Surp1us / (deficit) for the year

於可供出售財務資產末實現之虧損 O O O O O O O (90,059) (90,059) Unrealised 10ss on Availab1e-for-Sale Financia1 Assets

可供出售財務資產之末實現盈利於出售時被確認及轉撥至收支報表 O O O (26 ,489) (26 ,489) Recognition ofunrealised gain on disposa1 of Availab1e-for-Sa1e Financia1 O O O O Assets transferred to income and expenditure statement

轉撥自遞延收益 O O O 119,606 O O O O 119,606 Tranfers from Deferred Income

轉脹至收支報表 O O O (134,682) O O O O (134,682) Transfers to income and expenditure statement

與設備儲備有關之資金轉撥 O O O 71 ,643 (18,676) (5 ,546) (47,421) O O Inter-fund transfer in connection with capital expenditure

其他資金轉撥 O O O O O 996 (996) O O Other inter-fund transfer

2009年6月 30日之結餘 O O O 3,291,678 1,024,969 1,769,444 765,052 23 ,252 6,874,395 Balance as at 30 June 2009

11

k*i?t;EJ!~mt!IW~ ~:¥.20091f6 f3 30 S .r.I::1fJJl

CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2009

1l~mB!IJ Operating Activities

*~t\t~?€i~ Net Surplus for the year

WIil~: Adjustments for:

:fJTif Depreciation

JS!~~~ Bad debt written off

1±\§!fo/J~:&~fllfzt5:f~ Loss on disposal of Property and Equipment

flj,'BJ,:&~:1lI&A Interest and Investment Income

f¥:¥¥UMI3M~:1ljjfil£tffi~~ I (:tJT.) Amortisation of premium / (discount) on Held-to-Maturity Financial Assets

?fT1~~U1ti0'i't]:&~[l'l]11I!lal¥J*l!1ti~m Share of results of an Associate and a Jointly Controlled Entity

"ti~~fIIf~fIIf Transfers from Capital Reserves

*if~('Fjtj*z!!l!!ltIJlff!iZ lJf~lJlifkiJft!ltlJ Operating cash flow before movement in working capital

f¥i!{z(tt:JJO) I~:'P (Increase) / decrease in Stocks

J!i!(1&~mx:&JJHt~,x~z~:'P I (tf!t:JJO) Decrease / (increase) in Accounts Receivable and Prepayments

J!i!(1'J~mx:&J!i!(~t.m ztt:JJO Increase in Accounts Payable and Accruals

~~I&:ttztt:JJO Increase in Deferred Income

t3z~ffil1iflJtifllfztf!t:JJo Increase in Provision for Staff Benefits

1lgB!IJ~JJl>i'i~ Net Cash from Operating Activities

18

2009 $'000

129,621

160,338

0

117

(124,315)

1,965

(3,935)

(134,682)

29,109

(192)

7,800

21,481

226,613

3,582

288,393

..........................

U Restated

2008 $'000

458,194

144,483

16

495

(118,548)

(1,000)

(2,018)

(127,614)

354,008

1

(11,518)

28,071

34,021

5,896

410,479

..........................

綜合現金流動表

截至2009年6月 30日止年度CONSOLIDATED CASH FLOW STATEMENT


營運活動

Operating Activities

。“

ρU

VW ρUV

LU -VA MiO

餘兩叫

盈加到

淨

mAm

度加

.•

叫

年以變恥

本間調

LN

n 0 的

c ρUW

舊

mA

折臥

壞帳沖銷

Bad debt written off

n nuv m DA HU OA E 'G ne q“

nu

河，

α

叫MρLV

en naI 員

mM

制mMm

之

-M

到

備個入

m

設戶收

h

及hi資吋

業叭投

M

物。及叮叮

售削息做

出LM利TM持至到期日財務資產溢價攤銷 I(折實)

Amortisation ofpremium/ (discount) on He肘-to-Maturity Pinancial Assets

所伯聯營公茍及共同個體的經營業績

Share of results of an Associate and a J ointIy ControIIed Entity



采計五軍伊簽字tz贊助WûiZ是~jJflJl'i金激動

Operating cashflow before movement in working capital

存貨之(增加)1減少

(Increase) / decrease in Stocks

應收婊款及預付款項之減少 I(增加)

Decrease / (increase) in Accounts Receivable and Prepayments

應付脹款及應計費用之增加

Increase in Accounts Payable and AccruaIs

遞延收益之增加

Increase in Deferred Income

教職員福利撥備之增加

Increase in Provision for Staff Benefits

f會運活動浮現食流入

Net Cash from Operating Activities

18

2009 $'00。

重緝


129,621 458,194

160,338 144,483

。 16

117 495

(124,315) (118,548)

1,965 (1,000)

(3 ,935) (2,018)

(134,682) (127,614)

29,109 354,008

(192) 1

7,800 (11 ,518)

21 ,481 28,071

226,613 34,021

3,582 5,896

288,393 410,479

K*~m:B'imt!DJJ~(1t) ~:¥.20091f6Y3 30 S lI::1fit

CONSOLIDATED CASH FLOW STATEMENT (Cont'd) FOR THE YEAR ENDED 30 JUNE 2009

:t)t~m!IiIJ Investing Activities

JliIj~!fo/J~:&~fnl Payment for purchase of Property and Equipment

5EWlff~ztttjm Increase in Bank Deposits

~~~¥jaM BM$J~ii Purchase of Held-to-Maturity Financial Assets

:t)t~~ PI Wil±l i1fM3~~iizttt1Jo Increase in Available-for-Sale Financial Assets

~M'¥jaWl B M$JiiiiJ'ifftltZ@]lIiJ&A Proceeds from redemption of Held-to-Maturity Financial Assets

l±li1f!fo/J~:&~fnlZJ&A Proceeds from disposal of Property and Equipment

fu,m:&:t)t~J&A Interest and investment income received

:t)t~m!IiIJlJJJh'i>i(mtl±l) I mtA Net Cash (Used in) I From Investing Activities

lIt~m!IiIJ Financing Activities

mPJJliIj~4o/J~:&~fnlZ~Jlj]:&fiffx~tl'J~J&A Subventions and Grants or donations received for purchase of Property and Equipment

lIt~m!IiIJlJm~mtA Net Cash from Financing Activities

m~~lI'lJm~zlJ(~~) I!tl1JO Net (Decrease) I Increase in Cash and Cash Equivalents

~zm~~II'lJJ.!i~ Cash and Cash Equivalents at the Beginning of the Year

1li~~jI]zWW Effect of Foreign Exchange Rate Changes

1¥~zm~~II'lJJ.!i~ Cash and Cash Equivalents at the End of the Year

19

2009 $'000

(233,202)

(1,177,739)

(375,211)

(25,043)

169,634

154

116,937

(1,524,470)

..........................

119,606

119,606

.......................... (1,116,471)

2,676,458

39

1,560,026

U Restated

2008 $'000

(118,907)

(33,000)

(9,889)

(3,042)

76,227

170

114,715

26,274

•••••••••••••••••••••••• u

75,395

75,395

..........................

512,148

2,161,004

3,306

2,676,458

綜合現金流動表(續)

截至2009年6月 30日止年度CONSOLIDATED CASH FLOW STATEMENT (Cont'd)


2009

$'00。

重編

Restated 2008

$'00。

投資活動

Investing Activities

購買物業及設備

Paym巴nt for purchase of Property and Equipment

出售物業及設備之收入

Proceeds from disposal of Property and Equipment

(233 ,202) (118 ,907)

(1 ,177,739) (33 ,000)

(375,211) (9,889)

(25,043) (3 ,042)

169,634 76,227

154 170

116,937 114,715

(1 ,524,470) 26,274

co nδ

o ny ρUV

D 14LA 加

m

增助之過款心存沁期

m

定h

購貨持至到期日財務資產

Purchase of Held-to-Maturity Financial Assets

投資於可供出售財務資產之增加

Increase in Available-for-Sale Financial Assets

從持至到期日財務資產所得之因贖收入

Proceeds from redemption of Held-to-Maturity Financial Assets

利息及投資收入Interest and investment income received

投資活動浮現金{流出)1流入

Net Cash (Used in) I From Investing Activities

敵資活動

Financing Activities

用以購買物業及設備之資助及撥款或捐款收入

Subventions and Grants or donations received for purchase of Property and Equipment 119,606 75 ,395

119,606 75 ,395

........................

(1 ,116,471) 512,148

2,676,458 2,161,004

39 3,306

1,560,026 2,676,458

融資活動淨現金流入

Net Cash from Financing Activities

現金及等同現金之淨繃少)1增加

Net (Decrease) I Increase in Cash and Cash Equivalents

年初之現金及等同現金Cash and Cash Equivalents at the Beginning of the Year

匯兌變動之影響

Effect of Foreign Exchange Rate Changes

年終之現金及等同現金Cash and Cash Equivalents at the End of the Year

19

*'HJ!~mt!I!JJ~ ~:¥.2009.1f6.fj 30 SlI:.1flt

UNIVERSITY CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2009

tt~m!lilJ Operating Activities

;<f>:~Jjt~~ Surplus for the year

IDIil~: Adjustments for:

i!ft.1}RJJml1tff,X~z~1il Allowance for amounts due from subsidiaries

mil Depreciation

I±\ 1!f!\o/J~.&~vmzf]tjl Loss on disposal of Property and Equipment

fU,~,'&f)i:JiJ&A Interest and Investment Income

f;'f~$~Wl BJtH9f~Rfi~1Jt / (1JT.)Z~~ Amortisation of premium / (discount) on Held-to-Maturity Financial Assets

"fi~~~11llIvm Transfers from Capital Reserves

$jfflfffjii1;ji:iZ:JJ!lMffiZ: IfflfflfliEiJf[!l!/J Operating cash flow before movement in working capital

:ffj!{Z(;tffiJlJ) /~;p (Increase) / decrease in Stocks

JmlJ&~jfx.&J.\'iHjfx~Z;tffiJlJ (Increase) in Accounts Receivable and Prepayments

JmlH~ff,XUm-~m Z(~;p) / ;tffiJlJ (Decrease) / increase in Accounts Payable and Accruals

3!i1H~J&~z;tffiJlJ Increase in Deferred Income

~~~1IfUtivmz;tffiJlJ Increase in Provision for Staff Benefits

ttU!!!IJ~m~~ Net Cash from Operating Activities

20

2009 $'000

132,125

12,000

156,443

112

(125,976)

1,965

(134,682)

41,987

(192)

(20,361)

(1,732)

223,478

3,705

246,885

d Restated

2008 $'000

449,573

20,000

141,212

494

(118,893)

(1,000)

(127,614)

363,772

(44,250)

11,635

34,021

5,659

370,838

大學現金流動表

截單2009年6月 30日止年度UNIVERSITY CASH FLOW STATEMENT


營運活動

Operating Activities

本年度盈餘Surplus for the year

調整:

Adjustments for:

附屬公司應付款項之減值

Allowance for amounts due from subsidiaries

折舊

Depreciation

出售物業及設備之虧損

Loss on disposal of Property and Equipment

利息及投資收入Interest and Investment Income

持至到期日財務資產溢價/(折實)之攤銷

Amortisation of premium / (discount) on He泊-to-Maturity Pinancial Assets



采背選自伊資本是錚錚'ìffíiZ至fjJJft著盆游戲

Operating cashflow before movement in working capital

存貨之(增加) /減少

(Increase) / decrease in Stocks

應收般款及預付款項之增加

(Increase) in Accounts Receivable and Prepaym巴nts

應付婊款及應計費用之(減少) /增加

(Decrease) / increase in Accounts Payable and Accruals

遞延收益之增加

Increase in Deferred Income

教職員福利撥備之增加

Increase in Provision for Staff Benefits

營運活動浮現食流入

Net Cash from Operating Activities

20

2009

$'00。

132,125

12,000

156,443

112

(125,976)

1,965

(134,682)

41,987

(192)

(20,361)

(1 ,732)

223,478

3,705

246,885

重編

Restated 2008 $'000

449,573

20,000

141 ,212

494

(118,893)

(1 ,000)

(127,614)

363,772

(44,250)

11,635

34,021

5,659

370,838

*!EJHJ!~rfrt!IfJ~(*I) ~:¥20091f6.F.I 30 B l1::1flt

UNIVERSITY CASH FLOW STATEMENT (Cont'd) FOR THE YEAR ENDED 30 JUNE 2009

N:~m!lW Investing Activities

.~!fo/J~.&~~ Payment for purchase of Property and Equipment

5EWJ1'¥~xiZJflt:tm Increase in Bank Deposits

.~f4f~$aM El j!:;j'~jimI Purchase of Held-to-Maturity Financial Assets

f)t:ji~ PJ Wil±l i!fM~jimIiZJfjtlJtl Increase in A vailable-for-Sale Financial Assets

1iEf4f~$aM E3 Mf~ji~?fT~Z@]lIiJ&A Proceeds from redemption of Held-to-Maturity Financial Assets

I±li!f!fo/J~'&~~ZJ&A Proceeds from disposal of Property and Equipment

fUJ~,.&f)t:jiJ&A Interest and investment income received

jt~xTllftJl0~ Loan to a subsidiary

N:~m!lW~lmJi'i(rRtI:l:D / rRtA Net Cash (Used in) / From Investing Activities

l!t~m!lW Financing Activities

m~.~!fo/J~,&~~Zji@.&~~~m~J&A Subventions and Grants or donations received for purchase of Property and Equipment

l!t~m!lW~mJi'irfrtA Net Cash from Financing Activities

m~~ll'1ImJi'iz~(~~) / jf:}jJtl Net (Decrease) / Increase in Cash and Cash Equivalents

~zm~~il'UmJi'i Cash and Cash Equivalents at the Beginning of the Year

~~zm~~ll'1ImJi'i Cash and Cash Equivalents at the End of the Year

21

2009 $'000

(213,276)

(1,177,739)

(375,211)

(25,043)

169,634

154

116,302

(36,200)

(1,541,379)

...........................

119,606

119,606

...........................

(1,174,888)

2,587,601

1,412,713

o Restated

2008 $'000

(106,891)

(33,000)

(9,889)

(3,042)

76,227

170

112,780

0

36,355

...........................

75,395

75,395

...........................

482,588

2,105,013

2,587,601

大學現金流動表(續)

截至2009年6月30日止年度UNIVERSITY CASH FLOW STATEMENT (Cont'd)


2009

$'00。

重編

Restated 2008

$'00。

投資活動

Investing Activities

購買物業及設備

Payment for purchase of Property and Equipment

定期存款之增加

Increase in Bank Deposits

購買持至到期日財務資產

Purchase of Held-to-Maturity Financial Assets

(213 ,276) (106,891)

(1 ,177,739) (33 ,000)

(375 ,211) (9,889)

(25,043) (3 ,042)

169,634 76,227

154 170

116,302 112,780

(36,200) O

(1 ,541 ,379) 36,355

投資於可供出售財務資產之增加

Increase in A vailable-for-Sale Financial Assets

從持至到期日財務資產所得之回贖收入

Proceeds from redemption of Held-to-Maturity Financial Assets

出售物業及設備之收入

Proceeds from disposal of Property and Equipment

利息及投資收入Interest and investment income received

vd a 司她

以山枷

罵世祖mns

正比a

HVO 予“款間貸k

投資活動浮現金(流出)/流入

Net Cash (Used in) / From Investing Activities

敵資活動

Financing Activities

用以購買物業及設備之資助及撥款或捐款收入

Subventions and Grants or donations received for purchase of Property and Equipment 119,606 75,395

融資活動浮現食流入

Net Cash from Financing Activiti的119,606 75,395

現金及等同現金之淨(誡少)/增加

Net (Decrease) / Increase in Cash and Cash Equivalents (1 ,174,888) 482,588

年初之現金及等同現金Cash and Cash Equivalents at the Beginning of the Year

2,587,601 2,105,013

年終之現金及等問現金Cash and Cash Equivalents at the End of the Yeal'

1,412,713 2,587,601

21

1.

2.

M!9J¥~~~tltt 2009if.6 fJ 30 EI

NOTES TO THE FINANCIAL STATEMENTS 30 JUNE 2009

*~±~m~~~'W~'I~'~ ~~~~~w§~~±~w~~~~ ~flll. ' :sifL:WlI&J& ' ~~~~ , I~Jj!. ~~B~~~~~~~W~~'~~ ~~~~~tt~~~~o*~~m~ 08J~±~mmJJ:&~fttr$JJ[~7um-llft ltt15pg 0

*~zlttflfrtil!hl:&±~if~til!~m~ ~m*.o

*MB.~~~~~.,~~~m* ~ZJ}Jg~~m 0

tt~~M*~~ID~zm.m-~~~ i1[:j~~em-.~ ~~jl~MC ~tfiff,x fmffFm (mJm~tUE~~)pg , 832008~7 fj 1 B~ , *~!MFiJT1'fm~ , ::f~lfllmff,xB9ID~ , ~f*mlBJ-~~tll&m ' tiOllftltt3.5FiJT ~-Wlm-~mz~fit~;>gm~A 0

PJ1:f*m B9~~tll&m*,-1(r¥jl~~M f}]1ll ' ffij~mJJ1&B9*5AA~1§mmB9lWM 1llJJ[ , B7U:fj~jl~~mJJ~ 0

~HlI&m~mJJ~t~3Z¥~~B9~.~U;f!l'{ ~m-llftltt2.1 0

*~1§{§f*m~mJJ1&B9~~tll&m ' g~ fe3FiJT 1'f J&¥U B9fl"l.ff,x JJ[PJ ]!!'litillt :& -3&B9~H:1J$~7Um-MB¥~~ 1: 0

1.

2.

22

PRINCIPAL ACTIVITIES

The principal activities of the University are offering programmes leading to the award of first degrees and postgraduate qualifications particularly in science, technology, engineering, management and business studies; and collaborating closely with government, business, industry as well as other higher education institutions to assist the economic and social development of Hong Kong. The principal activities and other particulars of the subsidiaries are set out in note 15.

The registered address and principal place of operation is Clear Water Bay, Hong Kong.

The financial statements are presented in Hong Kong dollars, which is the same as the functional currency of the University.

CHANGES IN ACCOUNTING POLICIES

Donations of an endowment nature in prior years were credited directly to the 'Donations and UGC Matching Grants Reserves' (formerly the 'Restricted Funds') in the year of receipts. With effect from 1 July 2008, the University adopted the same policy on all donations irrespective of their nature as set out in note 3.5, (i.e. all donations are recognized as income when received).

The new accounting policy mentioned above has been adopted retrospectively, with the opening fund balances and the comparative information adjusted for the amounts relating to the prior periods as disclosed in the Statement of Changes in Fund Balances.

The effect of the changes in accounting policy to the income and expenditure statement are summarised in note 2.1.

The University believes that this change in the basis of preparation of financial statements will result in a more appropriate presentation and consistent accounting treatment on all donations received.

1.

2.

財務報表附註

2009年6月 30日NOTES TO THE FINANCIAL STATEMENTS

30 JUNE2009

主要活動

大學主要提供理學、科技、工程、管

理及商學等科目的學士學位及研究生課程，並與政府、商業機構、工業界

及其它高等教育院校緊密合作，促進

香港經濟及社會的發展。大學的附屬

公司的主要活動及其他事項詳列於附

註15內。

大學之註冊地址及主要營運地點為香

港清水灣。

本財務報表以港元呈覽，港元亦為大學之功能貨幣。

會計政策之更改

往年以留本基金形式之捐贈於收款時

直接記於籌募及教資會配對撥款儲備

(前為限定摹金)內，由2008年7月 1 日起，大學對所有捐款，不論捐款的形式

，均採用同一會計政策，如附註3.5所

述概於收取時確認為收入。

以上採用的會計政策追索至資金的期

初數，而變動後的結餘及相關的前期

數項，已列於資金變動表。

會計政策變動對收支報表的影響則概

述於附註2.1。

大學相信採用變動後的會計政策，能

把所有收到的捐贈款項以更惜當及一

致的會計方法呈列於財務報告上。

1.

2.

22

PRINCIPAL ACTIVITIES

The principal activities of the University are offering programmes leading to the award of first degrees and postgraduate qualifications particularly in science, technology, engineering, management and business studies; and collaborating closely with government, business, industry as well as other higher education institutions to assist the economic and social development of Hong Kong. The principal activities and other particulars of the subsidiaries are set out in note 15.

The registered address and principal place of operation is Clear Water Bay, Hong Kong.

The financial statements are presented in Hong Kong dol1ars, which is the same as the functional currency of the University.

CHANGES IN ACCOUNTING POLICIES

Donations of an endowment nature in prior years were credited directly to the 'Donations and UGC Matching Grants Reserves' (formerly the 'Restricted Funds') in the year of receipts. With effect from 1 July 2008 , the University adopted the same policy on al1 donations irrespective of their nature as set out in note 3.5, (i.e. all donations are recognized as incorne when received).

The new accounting policy mentioned above has been adopted retrospectively, with the opening fund balances and the comparative information a司justed for the amounts relating to the prior periods as disclosed in the Statement of Changes in Fund Balances.

The effect of the changes in accounting policy to the incorne and expenditure statement are summarised in note 2. 1.

The University believes that this change in the basis of preparation of financial staternents will result in a more appropriate presentation and consistent accounting treatment on al1 donations received.

2.1 ~iIi!@~!l!lJz~Il~~ 2.1 Summary of the Effect of the Changes in Accounting Policy

~M~~.e2m.Z.~ •••• ' As a result of change in the accounting policy described in note 2 above, 20084igr??I.~mj]D776,793,OOO7G 0 mflll: the surplus for the year has been increased by $76.793 million in the ~M~M~.~~~&~~.o~~.~ .~llr:

year 2008 and there is no financial impact in the fund balance at that year end date. The effect of this change is illustrated as follows:

2007/084itt tzDlWMll!¥~ B!&fB*il

As ~ previously Endowments m~ reported received in Restated

2008 2007/08 2008 $'000 $'000 $'000

**~ Consolidated

J&A Income

iIilciMil WJ 2lU!Y1f,x 1,681,063 0 1,597,800 Government Subventions and Grants

!J.'ll*~:&ltfjg!&. 589,549 0 596,447 Tuition, Programmes and Other Fees

flj,~:&~il!&A 118,548 0 118,548 Interest and Investment Income

)7H'Mi"Jlf,1z 171,579 76,793 204,169 Donations and Benefactions

mWJij~$§:&;ttfilZ!&A 219,807 0 212,761 Auxiliary Services and Other Income

"t!Y113 ~VIilflijfVlil 0 0 127,614 Transfers from Capital Reserves

...... ~!7.?Q.!?1.~ ... .. .......... ?§.??~ .... .. .... ~!.????~}2.."

1m3t ...... ~!~.q.~.!~.?~ ... ...... ~!1.Q.~.?~.~2.." Expenditure

~tt~~FJTH~ 379,383 456,176 Surplus from operation for the year

FJffr!i~FiUmllitlff/!lBJ'fJ*~ (1,124) (1,124) Share of Result of a Jointly Controlled

1i~~ Entity

FJffr!i~~1i0 'PjJ'fJ*~1i~ 3,142 3,142 Share of Result of an Associate

~

~tt"itiNli~ 381,401 76,793 458,194 Surplus for the year before transfers

"it~: Transfers to:

:!&il.~~t!Y1f,xflijfVlil 35,879 35,879 UGC Block Grant Reserves

.~:&:!&il.j'g2~t!Y1 207,585 76,793 284,378 Donations and UOC Matching If,1zflijfVlil Grants Reserves

ltfilZftVlil 137,937 137,937 Other Reserves 381,401 76,793 458,194

23

2.1 會計政策變動之影響概要 2.1 Summary of the Effect of the Changes in Accounting Policy

由於上文附詮2所述之會計政策變動， As a result of change in the accounting policy described in note 2 above, 2008年度盈餘增加了沌，793 ，000元。而此 the surplus for the year has be巳n increased by $76.793 million in the 對於該期終資金結餘沒有影響。其影響概

述如下: year 2008 and there is no financial impact in the fund balanc巴 at that year end date. The effect of this change is illustrated as follows:

2∞7/08年度如前期呈報已收留本資

As 金

previously Endowments 重編

r巴'ported rec巴ivedin Restated 2008 2007/08 2008 $'00。 $'00。 $'00。

綜合

Consolidated

收入 Income

政府資助及撥款 1,681 ,063 。 1,597,800 Governm巴nt Subventions and Grants

學費、課程及其他收費 589,549 O 596,447 Tuition, Programmes and Other Fees

利息及投資收入 118,548 O 118,548 Inter巴st and Investment Income

外界捐款 171 ,579 76,793 204,169 Donations and B巴nefactions

輔助服務及其他收入 219,807 O 212,761 Auxiliary Services and Other Income

轉撥自設備儲備 O O 127,614 Transfers from Capital Reserv巳s2,780,546 76,793 2,857,339

開支 2,401 ,163 2,401 ,163 Expenditure

本年度營運所得盈餘 379,383 456,176 Surplus from operation for the year

所佔共同控制個體的經 (1 ,124) (1,124) Share of Result of a Jointly Con甘olled營業績 Entity

所佔聯營公司的經營業 3,142 3,142 Shar巴 ofR巴sult of an Associate 績

本年度轉撥前盈餘 381 ,401 76,793 458,194 Surplus for the year before transfers

轉撥至: Transfers to:

教資會整筆撥款儲備 35 ,879 35,879 UGC Block Grant Reserves

籌募及教資會配對撥 207,585 76,793 284,378 Donations and UGC Matching 款儲備 Grants Reserves

其他儲備 137,937 137,937 Other Reserves 381 ,401 76,793 458,194

23

2.1 ~-ti&~~illJJZ~.~I!f~(OO 2.1 Summary of the Effect of the Changes in Accounting Policy (Cont'd)

2007/08if~ ~[J1WWJ1'£!.¥~ BJ&Wi/.$:1{

As it previously Endowments m~ reported received in Restated

2008 2007/08 2008 $'000 $'000 $'000

** University

J&A Income

i&}f,f1{jj}] 2lHif,x 1,680,877 0 1,597,614 Government Subventions and Grants

¥.'liJI!~;&~tfuJ&. 563,860 0 563,860 Tuition, Programmes and Other Fees

flJ,Il\I,;&1)t1{J&A 118,893 0 118,893 Interest and Investment Income

Ji-WmlllX 171,579 76,793 204,169 Donations and Benefactions

iMljj}]ijlU~;&~ft!!J&A 155,210 0 155,062 Auxiliary Services and Other Income

iliWfi ~ lm:fimfillHrm 0 0 127,614 Transfers from Capital Reserves

...... ~~~.?9.~1.~.? ... ............. ?§.~?n .. ...... ?!?~?!~~~ ...

tm3'l: ...... ~~~.~.7A~? ... .. .... ?!.~n§.?2. ... Expenditure

:<1ctf.~iliWm1WJli'iMi 372,780 76,793 449,573 Surplus for the year before transfers

.. m~: Transfers to:

lZ1{1t~~filllXftfim 35,879 35,879 UGC Block Grant Reserves

.~;&lZ1{1tjg2tMfi 201,235 76,793 278,028 Donations and UGC Matching

lllXftfim Grants Reserves

~ft!!ftfim 135,666 135,666 Other Reserves 372,780 76,793 449,573

24

2.1 會計政策變動之影響概要(續) 2.1 Summary of the Effect of the Changes in Accounting Policy (Cont'的

20凹的8年度如前期呈報已收留本資

As 金

previously Endowm巳nts 重編

reported rec巳ived in Restated 2008 2007/08 2008

$'00。 $'00。 $'00。

大學University

收入 Income

政府資助及撥款 1,680,877 O 1,597,614 Government Subventions and Grants

學費、課程及其他收費 563,860 O 563,860 Tuition, Programmes and Other Fees

利息及投資收入 118,893 O 118,893 Interest and Investment Income

外界捐款 171 ,579 76,793 204,169 Donations and Benefactions

輔助服務及其他收入 155,210 O 155,062 Auxiliary S巴rvices and Other Income

轉撥自設備儲備 O O 127,614 Transfers from Capital Reserves 2,690,419 76,793 2,767,212

開支 2,317,639 2,317,639 Expenditure

本年度轉撥前盈餘 372,780 76,793 449,573 Surplus for the year before transfers

轉撥至: Transfers to:

教資會整筆撥款儲備 35,879 35,879 UGC Block Grant R巴serves

籌募及教資會配對撥 201 ,235 76,793 278,028 Donations and UGC Matching 款儲備 Grants Reserves

其他儲備 135,666 135,666 Other Reserves 372,780 76,793 449,573

24

3.

3.1

3.2

3.3

*~:f~¥~~J1J1.&~JJJl:-p;f1gl(;*ti!t19tlffijkj ~ , '[1fnUf;t!;tI:l~M~~~~0jd~JU ll&~:9} 0 *~:f~¥~~1'&~~#l\t~Hjff 0Wr$Jtmi¥J~#:ii~:f~¥~-@f~J:lUkj~ 0

::±:~Wr~tll&~PO"F 0

*,~-fr~:f~¥~~1gfr5~~ ~1f6 R 30 B * ~lIZ.i§t*~:j@ifftl~{lai¥JM~¥~~ 0

:j@~.m*~~ •• fi~ •• i¥JM~ lIZ. if~lI&~ , ffij ~ ;!t~~~!{lrfUint 0

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5& B MlI::.~ /\*,~ftJ&5t¥~~ 0

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*~~llftli0J=1ji¥J~~~gl(;*f~tD~ 1:f1i'lJPJ~~;g~1~Jff5tJl1& ft~ ~~ fl~ $/\,*0

~upif0 J=ljt~*~IIIPJ!tt;!tll&~~5E 11' m~~.~;f{\H$J , ffiJ~ •• 3Z.:fii~ ~1II~llftli0 J=ljWG1J~ft~:il::~.int 0

3.

3.1

3.2

3.3

25

PRINCIPAL ACCOUNTING POLICIES

The financial statements have been prepared on the historical cost basis except for certain availab1e-for-sa1e financial assets which are measured at fair value. The financial statements have been prepared in accordance with the Hong Kong Financial Reporting Standards ("HKFRSs ") issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA"). The principal accounting policies adopted are as follows:

Basis of Consolidation

The consolidated financial statements incorporate the financial statements of the University and entities controlled by the University made up to 30 June each year. Control is achieved where the University has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

The results of subsidiaries acquired or disposed of during the year are included in the consolidated income and expenditure statement from the effective date of acquisition or up to the effective date of disposal, as appropriate.

Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by other members of the Group.

All significant transactions and balances between group entity are eliminated on consolidation.

Investments in Subsidiaries

Investments in subsidiaries are included in the University's balance sheet at cost less any identified impairment loss.


An associate is an entity over which the Group has significant influence and that is neither a subsidiary nor an interest in a joint venture.

3. 主要會計政策

本財務報表乃根據原始成本慣例而編

製，惟可供出售財務資產按公允值列

脹除外。本財務報表根據香港會計師

公會頒佈的香港財務報告準則編製。

主要會計政策如下。

3.1 綜合華準

綜合財務報表包括截至每年6月 30日大學及受大學控制之個體的財務報表。控制權為大學有權掌管該機構的財務

及營運政策，而自其業務獲取利益。

於年內所收購或出售附屬公司的業績

，分別由收購生效日期起或至出售生

效日期止計入綜合收支報表。

如有需要，會對附屬公司的財務報表

作出調整，使其會計政策與集團其他

成員公司所使用的會計政策保持一

致。

集團內部所有重大交易及結餘均在綜合眼內抵銷。

3.2 投資於附屬公司

除表扣債值負本產成資按在資後投損的虧司值公減屬認附確。

於可帳

學何入

大任中

3.3 於聯營公司權益

聯營公司指本集團可對其政策決定作

重要影響之機構，而該機構文不屬於

集闡之隔屬公司或於合資企業權益。

3.

3.1

3.2

3.3

PRINCIPAL ACCOUNTING POLICIES

The financia1 statements have been prepared on the historica1 cost basis except for certain avai1ab1e-for-sa1e financia1 assets which are measured at fair va1ue. The financia1 statements have been prepared in accordance with the Hong Kong Financia1 Reporting Standards ("HKFRSs ") issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA"). The principa1 accounting policies adopted are as follows:

Basis of Consolidation

The consolidated financia1 statements incorporate the financia1 statements of the University and entities controlled by the University made up to 30 June each year. Contro1 is achieved where the University has the power to govern the financia1 and operating policies of an entity so as to obtain benefits from its activities.

The resu1ts of subsidiaries acquired or disposed of during the year are inc1uded in the consolidated income and expenditure statement from the effective date of acquisition or up to the effective date of disposa1, as appropriate.

Where necessary，叫justments ar巴 made to the financia1 statements of subsidiaries to bring their accounting policies into line with those used by other members of the Group.

All significant transactions and ba1ances between group entity are eliminated on consolidation.

Investments in Subsidiaries

Investments in subsidiaries are included in the University's ba1ance sheet at cost 1ess any identified impairment 10ss.


An associate is an entity over which the Group has significant influence and that is neither a subsidiary nor an interest in a joint venture.

25

3.4

3.5

•• 0~~ •• · •• &aM~.~ Wt~t$7UA*,~-gM~¥~~ 0 ~~~.0~ .~:Jt(fflG*{[ff7UA~-g •• aM~ , ~1&WtgtJ&llflj1&$II1ff!{r!1~~~.0 ~ Z ~ •• ' m~pJTJI5~.~{[fffH~A ~o

$lI1pgi¥J~~W~~.0~3(~rm.~ ~~w~m.~~$lI1ffi~.~pgm ~o

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3.4

3.5

26 .

The results and assets and liabilities of an associate are incorporated in the consolidated financial statements using the equity method of accounting. Interest in an associate is carried in the consolidated balance sheet at cost as adjusted by post-acquisition changes in the Group's share of the net assets of the associate, less any impairment loss.

Where a group entity transacts with an associate of the Group, profits or losses are eliminated to the extent of the Group's interest in the relevant associate.

Interest in a Joint Venture

A joint venture is a contractual arrangement whereby the Group and other parties undertake an economic activity that is subject to joint control, that is when the strategic financial and operating policy decisions relating to the activities require the unanimous consent of the parties sharing control.

A joint venture arrangement that involves the establishment of a separate entity in which venturers have joint control over the economic activity of the entity are referred to as a jointly controlled entity. The results and assets and liabilities of a jointly controlled entity are incorporated in the consolidated financial statements using the equity method of accounting. Interest in a jointly controlled entity is carried in the consolidated balance sheet at cost as adjusted by post-acquisition changes in the Group's share of the net assets of the jointly controlled entity, less any impairment loss.

Where the Group transacts with its jointly controlled entity, profits or losses are eliminated to the extent of the Group's interest in the jointly controlled entity.

Income

Government subventions and grants or donations containing a condition for refund of any unspent balance are initially credited to the Deferred Income Account when the amounts are received or receivable. Amounts are then transferred from the Deferred Income Account in the following manner:

聯營公司之業績、資產及負債以權益

會計法列入綜合財務報表。聯營公司

權益按成本值列入綜合資產負債表，

其後會就收購後集團應佔聯營公司之

淨資產，扣除所屬投資減值虧損入眠。

生抵產內而益易權交佔司所公團營集聯於與均構損機虧的或內利團盈。

集之銷

3.4 於合資企業權益

合資企業是一個合約上的安排，由集

團與其他參與者進行一項經濟活動，該項活動由合資各方面共同控制，凡

政策決定涉及財務及營運上之策略，必須合資各方決議一致通過。

共同控制實體是透過成立一個獨立機

構的合資企業安排，合資者均擁有共

同控制實體之經濟活動。共同控制實

體之業績、資產及負債以權益會計法

列入綜合財務報表。共向控制實體權

益按成本值列入綜合資產負債表，其

後會就收購後集團應佔共同控制實體

之淨資產扣除所屬投資減值虧損入脹。

集厲與共同控制實體交易而產生之盈

利或虧損均於集團所佔權益內抵銷。

3.5 收入

當收到或應收取舍退款條款的政府資

助及撥款或捐款時，該筆款項會先記

入遞延收畫畫帳項，然後再由遞延收益

帳項依從以下方式轉撥:

3.4

3.5

The results and assets and liabilities of an associate are incorporated in the consolidated financia1 statements using the equity method of accounting. Interest in an associate is carried in the consolidated ba1ance sheet at cost as adjusted by post-acquisition changes in the Group's share of the net assets of the associate, 1ess any impairment 10ss.

Where a group entity transacts with an associate of the Group, profits or 10sses are eliminated to the extent of the Group's interest in the re1evant assocìate.

Interest in a Joint Venture

A joint venture is a contractua1 arrangement whereby the Group and other parties undertake an economic activity that is subject to joint contro1, that is when the strategic financia1 and operating policy decisions re1ating to the activities require the unanimous consent of the parties sharing control.

A joint venture arrangement that invo1ves the establishment of a separate entity in which venturers have joint contro1 over the economic activity of the entity are referred to as a joint1y controlled entity. The results and assets and liabilities of a jointly controlled entity are inc。可orated in the consolidated financia1 statements using the equity method of accounting. Interest in a jointly controlled entity is carried in the consolidated ba1ance sheet at cost as a吐justedby post-acquisition changes in the Group's share of the net assets of the joint1y controlled entity, 1ess any impairment 10ss.

Where the Group transacts with its joint1y control1ed entity, profits or 10sses are eliminated to the extent of the Group's interest in the joint1y control1ed entity.

Income

Govemment subventions and grants or donations containing a condition for refund of any unspent ba1ance are initially credited to the Deferred Income Account when the amounts are received or receivab1e. Amounts are then transferred from the Deferred Income Account in the following manner:

26

• ~m~.m~:~~.ffl~~.~ /:f:W[- , ?JTff'ffi'~~JI:lorxl¥Jmif,x~" ~!&~~pg , ~~~~.1iif,xI¥J~f1{ ~ ~m~fj('~wr ?JT1Jl5:E 1¥Ji& ~ ~~ ~ 0 l£lf:c'I~Z7tT ' "~!&~~I¥JI)[ ~~tD~$~~lI&!&l¥Jl)[~ 0

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;It ftMiif,x,& m if,x 1£!& 1&glGJJ! !&~1it~rJ 1lS!&A 0 *JVJUI"J*ll1HF.l~ , J1Ul£~ ~1it~m.Aff~5:E.5.~m~T Z*~::t1it~rJ1lS~~~I¥J~:il:1iit 0

¥. ' jfilIHl;l]~~5'&fJ3.~!&AfliH~7'Gffl( ~~51&1it~rJA~ 0

M5jlifEl¥JffjJ~~:il:Aj;J~rJ.l~~~{ffl ff~~'&~mffj$H. 0 ~fflffj$~P ~~;;t5jlifETJiH~t:iJf~m~Mpg!&1& z 1it~t**;E~~~JJItJT.~~jl ifElIN llii~W:Zffj$ 0

* § f4liJfirk0 Z!&A:m7'Gffl(S 151 tt.Mz mJJ'rllN~:T j;J1it~rJ 0

27

• in respect of the recurrent block grant: all grants, other than those intended for capital expenditure, received in respect of the year are transferred to the income and expenditure statement unless the accumulated surpluses from block grants exceeded the maximum limit permitted by UGC. In that event, the transfer to the income and expenditure statement will be reduced by any amount refundable to the government.

• in respect of subventions and grants or donations intended for other expenditure: amounts equivalent to the expenditure incurred during the year are transferred to the income and expenditure statement.

• in respect of subventions and grants or donations intended for capital expenditure: amounts incurred in relation to capital expenditure on related property and equipment are transferred to Capital Reserves. Subsequently, amounts are transferred each year from the Capital Reserves to the income and expenditure statement as Government Subventions and Grants or Donations & Benefactions equivalent to the depreciation charges of the related property and equipment for the year.

Other grants and donations are recognized as income when received or receivable. Outstanding pledges are not recognized as income unless a legal obligation to donate is obtained from the donor.

Tuition fees, auxiliary services and rental income are recognised when services are provided.

Interest income from a financial asset is accrued on a time basis, by reference to the principal outstanding and at the interest rate applicable, which is the rate that exactly discount the estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount.

Income from contract research is recognized on a percentage of completion basis when the fee notes are issued.

. 經常整筆撥款:除準備用作設備支出外，所有當年該收取的撥款將轉

至收支帳內，除非整筆撥款的累積

盈餘超越教資會所規定的最高限

額。在此情況下，轉至收支帳的數額將扣除需退還政府的數額。

﹒用作其他使用的資助及撥款或捐

款:等同年內所使用之款額會轉至

收支帳內。

﹒用作設備開支的資助及撥款或捐

款:運用於有關物業或設備之資本

性開支的款項會轉至設備儲備脹

內。隨後，等同有關物業及設備的

每年折舊費會由設備儲備轉入收支

限內之政府資助及撥款或外界捐款

脹項。

其他撥款及捐款在收取或應收時確認

為收入。未兌現的承諾捐獻，則在集

團確立捐贈人有法定義務實現所許下之承諾才確認為該年度的收益。

學費、輔助服務及租金收入概於完成服務後確認入帳。

財務資產的利息收入以時間基準按結

存金額及適用利率計算。適用利率即

按財務資產預計於可使用年期內收取之估計未來現金款項折算至該資產脹

面潮直之利率。

來自科研合約之收入按完成百份比並

開立跟單予以確認。

27

• in respect of the recurrent block grant: all grants, other than those intended for capital expenditure, received in respect of the year are transferred to the income and expenditure statement unless the accumulated surpluses from block grants exceeded the maximum limit permitted by UGC. In that event, the transfer to the income and expenditure statement wi11 be reduced by any amount refundable to the government.

. in respect of subventions and grants or donations intended for other expenditure: amounts equivalent to the expenditure incurred during the year are transferred to the income and expenditure statement.

. in respect of subventions and grants or donations intended for capital expenditure: amounts incurred in relation to capital expenditure on related property and equipment are transferred to Capital Reserves. Subsequently, amounts are transferred each year from the Capital Reserves to the income and expenditure statement as Government Subventions and Grants or Donations & Benefactions equivalent to the depreciation charges of the related property and equipment for the year.

Other grants and donations are recognized as income when received or receivable. Outstanding pledges are not recognized as income unless a legal obligation to donate is obtained from the donor.

Tuition fees , auxi1iary services and rental income are recognised when services are provided.

Interest income from a financial asset is accrued on a time basis, by reference to the principal outstanding and at the interest rate applicable, which is the rate that exact1y discount the estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount.

Income from contract research is recognized on a percentage of completion basis when the fee notes are issued.

3.6

~1£9lI;ffil.:9} , !to/J~E'd~.tl(nlG1s:{W: ~~6UJTlfE'df.~f1i1~{W:1&A$.R 0

~1£9lI~ll!.:9} , ~~~U~{i1{W:1& ' !fo/] ~:&~.tl({i1~tm{~m!if.:Jt§.L-j,@[~~~ ~tJHJTjj 0

;(:E~IfimnIG1s:M~*ffW8 •• Z 1~{W:fHffi!AllR:&~Ifi7'G~1&::tIU~ fJTlf 0 jG~I~ll!.nlG1s:~"f~~3J![1ltZ !to/J~:&~.?t~o

!to/J ~:&~. Jji § Wr1£ttI 13-~ TJi:Jt§ kliHi {~m~ji~~~Wr~****~~;fU~ ~JHjIJ~.~~ 0 ji~ttl13-~JHjIJ~.~~?JT 1~J&AWji~IjJ.ROO{W:B'9j£mi ' m-J&5t ¥~~.~~~J&~~J#5fft 0

~~1£~.~.B'9!fo/]~:&~.±~?t ~~${5t 0

• m JI&!MjiWJ:&*ff,x~!f,JJEf~ff,xJjlil B'9:r:Ji§tzDl:3.5?JT~ 0

3.6

28


Property and equipment, other than construction in progress, are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is provided to write off the cost of property and equipment, other than construction in progress, over their estimated useful lives and after taking into account their estimated residual value, using the straight-line method.

Construction in progress is stated at cost less any identified impairment loss and is not depreciated until completion of construction. Cost of completed construction works is transferred to appropriate categories of property, plant and equipment.

An item of property and equipment is derecognised upon disposal or when no future economic benefits are expected to arise from the continued use of the asset. The gain or loss arising from derecognition of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in the income and expenditure statement.

Property and equipment are financed by the Capital Reserves which are made up of two components.

• Items funded by Government subventions and grants or specific donations as stated in paragraph 3.5 above.

3.6 物業及設備

除在建工程外，物業及設備按成本值

減累積折舊及累積減值後入帳。

除在建工程外，計除剩餘估值後，物

業及設備按估計可使用年期以直線法

計算折舊。

在建工程按成本值減去任何已確認之

減值虧損入脹及至工程完竣後才攤銷折舊。完竣工程成本將轉撥至適當之

物業及設備分類。

物業及設備項目會在出售或預期繼續

使用該資產將不會帶來未來經濟利益

時刪除確認。資產出售或刪除確認所

得收入與資產帳面值的差額，於收支報表確認為收益或虧損。

包含在設備儲備的物業及設備主要分

為兩部份。

. 用政府資助及撥款或特定捐款購置的項目如上3.5所述。

3.6

28


Property and equipment, other than construction in progress, are stated at cost 1ess accumu1ated depreciation and accumu1ated impairment 1osses.

Depreciation is provided to write off the cost of property and equipment, other than construction in progress , over their estimated usefu1 lives and after taking into account their estimated residua1 va1ue, using the straight-line method.

Construction in progress is stated at cost 1ess any identified impairment 10ss and is not depreciated unti1 comp1etion of construction. Cost of comp1eted construction works is transferred to appropriate categories of property, p1ant and eqmpment.

An item of property and equipment is derecognised upon disposa1 or when no future economic benefits are expected to arise from the continued use of the asset. The gain or 10ss arising from derecognition of an asset is determined as the difference between the sa1es proceeds and the carrying amount of the asset and is recognised in the income and expenditure statement.

Property and equipment are financed by the Capita1 Reserves whích are made up of two components.

.Items funded by Government subventions and grants or specifíc donations as stated in paragraph 3.5 above.

3.7

• OOrn~~~~~~~~§'~~~ !fo/.J~lt&~.~g\G* ' OO-§~?JTJI~ ~ff1mf.~1i:¥~.1mf. 0 Jlii& ' ~il'U1f~~!fo/.J~&~.~tJT~1~itfrn ~.1mf.~~~fii@]?JTJI~1mf. 0

~~~g\G~~~I~~~~~~~W 1f~ , ~Um3(~itf1f~~~zjjjfg~1. ~~~~~M~jjjfg&M~~~oM ~jj jfg;flJ~t~~ ~l£:rJJ~~~~itf tJ 0ft1~~1=r~. 0 ~~~~~1=r~t~ jj jfg;fIJM~~ ~~@[~3( ~W m l£:rJJ &71itN?J~~ A~t~jjjfgz0ft1~~~ ~t~~~~0ft1~r:pm~(ff~M1f~m 005E) 0

.~fU$fft:7J~lUt~jjjfg&M~~ ~~.Mg\G*&~~gMOO.*~~ J&A&fU}B'!,F7fj3tz:1Jfft: 0 .~fU$7J OO-~~B.m~J&A&m~3tlli~ffi g~;f~jjjfg&~t~~1:lzJJ[~19!m~ M ' ~!lBHR~M (1f.'iJ~~) .~tJTfJ! ZfIJ$ 0

3.7

29

• Items funded by other funding sources. Amounts equivalent to the incurred property and equipment costs are transferred out of the retained balances of respective reserves and capitalised under the Capital Reserves. Subsequently, each year, an amount equivalent to the depreciation charges for the related property and equipment is reverted back from the Capital Reserves to the respective reserves.

Financial Instruments

Financial assets and financial liabilities are recognised on the Group's balance sheet when the Group becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition.

Effective interest method

The effective interest method is a method of calculating the amortised cost of financial assets and financial liabilities and of allocating interest income and interest expense over the relevant period respectively. The effective interest rate is the rate that exactly discounts estimated future cash receipts and cash payments through the expected life of the respective financial assets and financial liabilities, or, where appropriate, a shorter period.

Interest income and interest expense are recognised on an effective interest basis.

3.7

. 而由其他款項購價的項目，等問其物業及設備的成本，將自其所屬的

滾存儲備轉撥至設備儲備。隨後，

等同於該物業及設備的折舊值會由

設備儲備按年轉撥回所屬的儲備。

金融工具

當集團成為金融工具合約條文之參與

者峙，雙關交易會於集團之資產負債

表內確認為財務資產及財務負債。財

務資產和財務負債在初次確認時會以

公允值進行計量。於購買或發行財務資產和財務負債的直接交易費用在初

步確認時計入財務資產之公允值或於

財務負債的公允值中扣除(視何者適用

而定)。

主會辦蹲在于

實際利率法乃計算財務資產及財務負

債之攤銷成本及按有關期問攤分利息

收入及利息開支之方法。實際利率乃將估計日後現金收入及現金支出按相關財務資產及財務負債之預計使用年

期，或較短時期(倘合適)實際折現

之利率。

利息收入及利息開支按實際利率基礎來確認。

3.7

29

. Items funded by other funding sources. Amounts equivalent to the incurred property and equipment costs are transferred out of the retained balances of respecti ve reserves and capitalised under the Capital Reserves. Subsequent旬， each year, an amount equivalent to the depreciation charges for the related property and equipment is reverted back from the Capital Reserves to the respective reserves.

Financial Instruments

Financial assets and financial liabilities are recognised on the Group's balance sheet when the Group becomes a party to the contractual provisions of the instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are direct1y attributable to the acquisition or issue of financial assets and financial liabilities are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition.

Effective interest method

The effective interest method is a method of calculating the amortised cost of financial assets and financial liabilities and of allocating interest income and interest expense over the relevant period respectively. The effective interest rate is the rate that exactly discounts estimated future cash receipts and cash payments through the expected life of the respective financial assets and financial liabilities , or, where appropriate, a shorter period.

Interest income and interest expense are recognised on an effective interest basis.

ff!O&llRff,x&llftJl50RJ)J!{tmxJj:tnfJJ:M7 1i{!i~?J~~0ftfl{illn.JE ' ;!t13'd~.~ }$G;:zfs:tJ .1\~HIj.$ ~lfiJE 0 ilIt )J!J!)lJRff,x ~mJl50R])J!Mmx~.Em~~~@ ~,;!t~~ •• ~.~.~o.1i{!iE Z~{ilHR.n11U~ji~zllROO~~W ~:tnf)];Jj71i{!i~?J~~t.z.~flj.$fJT. Z {ii~t**lJi~1frE:!iJJi {illz r,,~ i¥J ~~ ®lfiJEo~~~@U~.~zmx~~ HA~Ao

3.7 (b) StJ{

t~jifJJ;Jj7~0ft{ill:fJD~@:~*§IUl5t~ }$G;:zfs:{t(~5t~ B £*1i{!i~?J&lffi!J~1i{!iE , ;!t~.~?JTJI5m:f:~JEJLz5tJ&:!t§~N JE~ ~¥3{~mx 0

:tn;!t1&¥~~ B ' ~IIIHI!J&~fm1.JM" ~¥tl:!t§ B i¥J1JU93IDE~(M"~¥tl:!t§ B i¥J{JI ~IDE~) , ~~.~~}$G;:zfs:tJ.~flj$~ lfi~'~~.M~mm~~z~mJ& @{ill 0 1Ml~~fi~f[Ufl~ji~/:BlJi~ 1ill~fJUmn~~5Z¥~~r:p1i{!i~?J 0 .1i{!i~?J Z.{illn1N~t~jizllROO~~W~:tn fJJ:M71i{!i~?J~H.z.~flj.$fJT.z {ii H**lJi~1frE:itlJi{illzrJli¥J~~®lfi ~ 0 tzD;!t1&/:BlJiB1i{!i~?J.{illzt~jim ~@~M~~,~~~u@.,m@

.~ZllROO~~~~~:tn~.M~m Z~B1i{!i~?J.~z}$G*{ill 0

3.7 (a) Accounts receivable and amounts due from subsidiaries

Accounts receivable and amounts due from subsidiaries are measured at initial recognition at fair value, and are subsequently measured at amortised cost using the effective interest rate method. When accounts receivable or amounts due from subsidiaries is considered uncollectible, it is written off against the allowance account. The allowance recognised is measured as the difference between the asset's carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Subsequent recoveries of amounts previously written off are credited to income and expenditure statment.

3.7 (b) Investments

30

Investments are recognised and derecognised on a trade date basis where the purchase or sale of an investment is under a contract which terms require delivery of the investment within the timeframe established by the market concerned, and are initially measured at fair value, plus directly attributable transaction costs.

At subsequent reporting dates, debt securities that the Group has the expressed intention and ability to hold to maturity (held-to-maturity debt securities) are measured at amortised cost using the effective interest rate method, less any impairment loss recognised to reflect irrecoverable amounts. An impairment loss is recognised in income and expenditure statement when there is objective evidence that the asset is impaired, and is measured as the difference between the investment's carrying amount and the present value of estimated future cash flows discounted at the effective interest rate computed at initial recognition. Impairment losses are reversed in subsequent periods when an increase in the investment's recoverable amount can be related objectively to an event occurring after the recognition of the impairment loss, subject to the restriction that the carrying amount of the investment at the date the impairment is reversed shall not exceed what the amortised cost would have been had the impairment not been recognised.

3.7 個) 應收眼款及附屬公司應付款項

應收眼款及附屬公司應付款項於初步確認時按公允價值釐定，其後按攤銷

成本以實際利率法釐定。當應收聽款

或附屬公司應付款項被認為不能收回

時，其將從壞帳準備上撤銷。獲確認

之減值撥備乃根據資產之脹面金額與按於初步確認時計算之實際利率折算

之估計未來現金流量現值之間的差額

而釐定。隨後追回以前撇銷之款項會

計入收入。

3.7 (b) 投資

投資初步按公允值加上直接相關交易

成本依據交易日基準確認及刪除確認

，其買賣按所屬市場定立之交收期限

定下合約條款。

於其後報表日，集團計劃及有能力持至到期日的債務証券(持至到期日的債

務証券) ，是按攤銷成本以實際利率法

釐定，減去滅值虧損所代表之不可收

回值。倘有客觀證據顯示資產出現減

值虧損則於收支報表中確認。獲確認

之滅值乃根據投資之脹面金額與按於初步確認時計算之實際利率折算之估

計未來現金流量現值之間的差額而釐

定。如其後出現已確認減值之投資可

收間升值金額，則將予以回撥，惟困

撥後之眼面金額不能多於此減值虧損

之前已確認攤銷之成本值。

3.7 (a) Accounts receivable and amounts due from subsidiaries

Accounts receivab1e and amounts due from subsidiaries are measured at initia1 recognition at fair va1ue, and are subsequently measured at amortised cost using the effective interest rate method. When accounts receivab1e or amounts due from subsidiaries is considered uncollectib1e, it is written off against the allowance account. The allowance recognised is measured as the difference between the asset's carrying amount and the present va1ue of estimated future cash flows discounted at the effective interest rate computed at initia1 recognition. Subsequent recoveries of amounts previous1y written off are credited to income and expenditure statment.

3.7 (b) Investments

30

Investments are recognised and derecognised on a trade date basis where the purchase or sa1e of an investment is under a contract which terms require delivery of the investment within the timeframe established by the market concerned, and are initially measured at fair va1ue, p1us directly attributab1e transaction costs.

At subsequent reporting dates, debt securities that the Group has the expressed intention and ability to ho1d to maturity (he1d-to-maturity debt securities) are measured at amortised cost using the effective interest rate method, 1ess any impairment 10ss recognised to reflect irrecoverab1e amounts. An impairment 10ss is recognised in income and expenditure statement when there is objective evidence that the asset is impaired, and is measured as the difference between the investment's carrying amount and the present va1ue of estimated future cash flows discounted at the effective interest rate computed at initia1 recognition. Impairment losses are reversed in subsequent periods when an increase in the investment's recoverable amount can be related objective1y to an event occurring after the recognition of the impairment loss, subject to the restriction that the carrying amount of the investment at the date the impairment is reversed shall not exceed what the amortised cost would have been had the impairment not been recognised.

~f;j:~$UM B 1Jt~jliE~P):9i- ' f;j:~~ ~~~~~~~x~~~~&~,~ 1i~Bi&¥~~BP)0ft1[llfH. 0 f~~1'F x~ffl~~jliE~ , ;tt:0ft{[llf~IJJIjI~ ~~~~~m'~m~.M~~~. ~cp 0 ~{'F~1~&~~~~;tt:1ZSl0ft 1[llf~1JJ1j I~~~~~~f~ , 1i~~~m {ii 1illI'fIIl V3li1i~?J ' [j[~ & ~ ~Y:iUE: ~ ~ lliE~.~';tt:_H~.fIIl~~~~~ f~:t)1UA .M~J&~¥~~CP 0

~~~~mlEimfMi~x~¥~1Ji ' jffl;tt: 0ft{[llf*~g~~§t m.~~1~&-m:M:~1 ~~2St¥M;tt::Jt~~1;Jjffl !l6\~J.IP)~~Y9.1H~ 1Ji~~m~~xJ&~m~I~'~~ ::?z1it~?Ji&~1!Mfffi.B~ftl(;*1[llf.{:f 1ilJBli1i~?J?~1[llf~f~H. 0 1(tU~fIIl~fi ~ajjJljJi.1[llf , JlU.1~f~1i~J&~¥~ ~1it~?J 0 .{[llf~f~~~7?JfN~JljJi~ f!ROOjz~¥M~~~J~;f~~jJi~:fJHjm fMi@]¥~~fJT.~ {ii§t**:fj!jztlEm.:fj! 1[llf~r~~~~~jffl1li5E 0

~ m.1~& -m:lliE ~f~~1i~ J&~¥~~?JTli1i ~?J ~.1[llf::f ~~ ;tt:i& *~ J& ~ ¥~ ~ @] .o~~~&~.~lliE~~J&~.~ ?JT1it§?J~.1[llf , {(tU;tt:0ft1[llf~?~{[llf~ f~1it~?Ji&~?JTWIilJ'ffl ' ~1i~Bi&@]. 0

31

Investments other than held-to-maturity debt securities are classified as either investments held for trading or as available-for-sale investments, and are measured at subsequent reporting dates at fair value. Where securities are held for trading purposes, gains and losses arising from changes in fair value are included in income and expenditure statement for the period. For available-for-sale investments, gains and losses arising from changes in fair value are recognised directly in the investment revaluation reserves, until the security is disposed of or is determined to be impaired, at which time the cumulative gains or losses previously recognised in the reserve are included in the income and expenditure statement for the period.

For available-for-sale equity investments that do not have a quoted market price in an active market and whose fair value cannot be reliably measured and derivatives that are linked to and must be settled by delivery such unquoted equity instruments, they are measured at cost less any identified impairment losses at each balance sheet date subsequent to initial recognition. An impairment loss is recognised in income and expenditure statement when there is objective evidence that the asset is impaired. The amount of the impairment loss is measured as the difference between the carrying amount of the asset and the present value of the estimated future cash flows discounted at the current market rate of return for a similar financial asset.

Impairment losses recognised in income and expenditure statement for equity investments classified as available-for-sale are not subsequently reversed through income and expenditure statement. Impairment losses recognised in income and expenditure statement for debt instruments classified as available-forsale are subsequently reversed if an increase in the fair value of the instrument can be objectively related to an event occurring after the recognition of the impairment loss.

除持至到期日債務証券以外，持有之

投資將分類為可交易或可供出售，並

於日後報表日以公允值計算。持有作

交易用途之証券，其公允值變動引致的收益或虧損，包括在當期之收支報

表中。持作可供出售之投資其因公允

值變動引致的收益或虧損，於投資重

估儲備內確認，甚至出售或決定為該

証券減值，其累計於儲備之收益或虧

損才列入當期之收支報表中。

該等並無活躍市場之交投報價，而其

公允值未能可靠計量的可供出售股權

投資及與其掛鉤而必須以該等沒有報

價之股權作為交收之衍生工具，於首次確認後之各個結算日按成本值減任

何巳確認減值虧損計算。倘其備客觀

證明資產減值，則減值虧損於收支報

表確認。減值虧損數額乃根據資產之

脹面金額與按類似財務資產之現行市場回報率折算之估計未來現金流量現

值之間的差額而釐定。

為可供出售証券投資於收支報表所確

認之滅值不可於其後經收支報表回

撥。為可供出售債務証券於收支報表

所確認之減值，倘其公允值於減值虧

損確認後有所調高，可於日後回撥。

31

Investments other than he1d-to-maturity debt securities are classified as either investments held for trading or as availab1e-for-sa1e investments, and are measured at subsequent reporting dates at fair va1ue. Where securities are he1d for trading purposes, gains and 10sses arising from changes in fair va1ue are included in income and expenditure statement for the period. For availab1e-for-sa1e investments, gains and 10sses arising from changes in fair va1ue are recognised direct1y in the investment reva1uation reserves, until the security is disposed of or is determined to be impaired, at which time the cumu1ative gains or 10sses previous1y recognised in the reserve are included in the income and expenditure statement for the period.

For availab1e-for-sa1e equity investments that do not have a quoted market price in an active market and whose fair va1ue cannot be reliab1y measured and derivatives that are linked to and must be settled by delivery such unquoted equity instruments, they are measured at cost 1ess any identified impairment 10sses at each ba1ance sheet date subsequent to initia1 recognition. An impairment 10ss is recognised in income and expenditure statement when there is objective evidence that the asset is impaired. The amount of the impairment 10ss is measured as the difference between the carrying amount of the asset and the present va1ue of the estimated future cash flows discounted at the current market rate of return for a simi1ar financia1 asset.

Impairment 10sses recognised in income and expenditure statement for equity investments classified as availab1e-for-sa1e are not subsequent1y reversed through income and expenditure statement. Impairment 10sses recognised in income and expenditure statement for debt instruments classified as availab1e-forsa1e are subsequent1y reversed if an increase in the fair va1ue of the instrument can be objective1y re1ated to an event occurring after the recognition of the impairment 10ss.

3.7 (c) J!l{f1~~&J!l{lIT.m' 3I~J&~&m Jl!0-RJJ!l{~lJl

J!l{M~~&J!l{lIT.ffl'3I~J&~&m JIJ 0-RJ J!l{ J&il',x lJl:fJ] ?J7:f*0-ft {~lITJf ' B.:f*~ffl •• ~*$lITJf~8 •• fflG:zIs:JUlIR 0

JJ!~&~~JJ!~1yAsff1JNLH=rz-=¥m ~~~&~~~Bm~~~~~T~ JJ!fJrP~~flj*Zm~ffil',x 0

3.7 (e) .-vi

3.8

3.9

~1II12S1~1±${tf:m¥.9JJ!1=rJt1:f ' UJfm ~~f1t~{Jf~ 0 1:EJl:c'lwRT ' ~III~ ~~-vi~~~.o~-vi~~rn~~~ 1J~ *E lIR B !M" if?JT ~ {'F ttl rot ~ 'M {il lIT 0 {fij} JIJ:m:*: ~ ~ , j;) ~MJ! JJ! {~lIT Jfo

ffi!i

~.~~~~~~~~Zff~:f*fflG* ~UJ~JJ!~{~m1f~{.f£1f A~ 0 fflG* j;)1JDtiF1S:~$~tJf 0

1:E~~*EJfB'~III~~~~~~~ 1ID{~ , ~!E~~~1§t~ttlJJ!~{~JI5f~ l@ji~ 0 B{illIT~~i¥JUJJ&@]~~~~

1ID~mfi'~.~~1ID~.fi~UJJ& @]~~ 0 1ffl?JT~~~~{~~NP~~~£ mF7¥J3Z o

3.7 (c) Accounts payable and accruals, deferred income and amounts due to subsidiaries

Accounts payable and accruals, deferred income and amounts due to subsidiaries are initially measured at fair value, and are subsequently measured at amortised cost, using the effective interest rate method.

3.7 (d) Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and demand deposits with an original maturity of three months or less at prevailing market rate.

3.7 (e) Provisions

3.8

3.9

32

Provisions are recognised when the Group has a present obligation as a result of a past event, and it is probable that the Group will be required to settle that obligation. Provisions are measured at the management's best estimate of the expenditure required to settle the obligation at the balance sheet date, and are discounted to present value where the effect is material.

Stocks

Stocks held for resale in respect of self-financing operations are valued at the lower of cost and net realisable value. Cost is calculated using the weighted average method.

Impairment

At each balance sheet date, the Group reviews the carrying amounts of its assets to determine whether there is any indication that those assets have suffered an impairment loss. If the recoverable amount of an asset is estimated to be less than their carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

3.7 (c) 應付脹款及應計費用、遞延收益及附屬公司應收款項

應付脹款及應計費用、遞延收益及附

屬公司應收款項初步按公允值計算，

日後按使用實際利率法計算的已攤銷

成本列膜。

3.7 (d) 現金及等同現金

現金及等問現金包括存於銀行之手頭

的現金及原到期日為三個月或以下以現行市場利率之活期存款。

3.7 (e) 撥備

3.8

3.9

集闢因過往事件招致現行責任，可能

需要價還價務。在此情況下，集團需

要撥備確認負債。撥備款額由管理層

於結脹日對責任所需作出最適當估

計。倘屬重大影響，以貼現現個計

算。

存貨

自籌資金業務持作轉售之存貨按成本

或可變現淨值兩者較低者入帳。成本

以加權平均法計算。

減值

在每年結算日，集團會審壺資產的帳

國值，確定資產有沒有出現減值虧損

跡象。若估計資產的可收回金額較帳

面值為低，則須將帳面值調低至可收

回金額。而所產生的減值會即時確認

為開支。

3.7 (c) Accounts payable and accruals, deferred income and amounts due to subsidiaries

Accounts payab1e and accrua1s , deferred income and amounts due to subsidiaries are initially measured at fair va1ue, and are subsequent1y measured at amortised cost, using the effective interest rate method.

3.7 (d) Cash and cash equivalents

Cash and cash equiva1ents comprise cash on hand and demand deposits with an origina1 maturity of three months or 1ess at prevailing market rate.

3.7 (e) Provisions

3.8

3.9

32

Provisions are recognised when the Group has a present obligation as a resu1t of a past event, and it is probab1e that the Group wi11 be required to sett1e that obligation. Provisions are measured at the management's best estimate of the expenditure required to sett1e the obligation at the ba1ance sheet date, and are discounted to present va1ue where the effect is materia1.

Stocks

Stocks he1d for resa1e in respect of se1f-financing operations are va1ued at the 10wer of cost and net realisab1e value. Cost is calcu1ated using the weighted average method.

Impairment

At each ba1ance sheet date, the Group reviews the carrying amounts of its assets to determine whether there is any indication that those assets have suffered an impairment 10ss. If the recoverable amount of an asset is estimated to be 1ess than their carrying amount, the carrying amount of the asset is reduced to it8 recoverable amount. Impairment los8 is recognis巴d as an expense immediate1y.

3.10

ff.'U:B' pJT{'FI:I:H¥N~fili!l5:tffilUJ1n B i&@]fi , jf m I¥] r!J.R llii fili ltWijJ r'i'lr ~m fill¥] UJ J& @]~.'$WijJr'i'lr.ZUJJ&@]~.~UJ ~n~j{mn~p)lW~)}t*fT~fili!l5:tffili¥J r!J.RrnHiIi 0 pJT@]fil¥]~fili!l5:tffilltflPfRf1i ~EmJ&A 0

* 13 ~~fJU'3 i¥Jfl3.~~:\I:A 1:EfTmnl3.~ ~~pgmTI!ftv~~~1it~E 0

3.10 (b) ~1I~~li1!f

3.11

3.12

~.tH~ ~~fl3.~ JJ!ftZfl3.~P) TI!ftv~~~ m fT 1m fl3. ¥J Z ~ ~ n~ J& 5z: ¥IH~ pg )1U ~ 0 {'Fmn:lI:JtI.I~~fl3.~~lZSIZBJ& '&JJ!!&fU::6tt ' W\mTI!ftv~~~n~fTlmfl3. ¥J~:JtI.I:B-.o

mJ'll Ji:: f;t!i~,x~#:lITJ!JPJT5z: ftZmx:rj , n~{Ji~f'Ftef;t!i~,xpMjZmH9H&)1Um5z: teo

1f~iH~U1ml5JU'Jf~Z~:t~¥~~fRf ' P)fT 1m.~:~Mm~~p)5'~Z~~(~~)~fT 3(~'7Jm3(~~B~mZIli$A ~°1n~M.B'~~~lIT.Z~~ J;f{ § mM. B ZIli$m!¥JT~. 0 m0 ftfrnr)1U~Z;tp~~J;f{ § m0ftfiliJi::1Ji ~B~mZIli$m~~.o~~~M m)j}H!::ft\G;zfs:gt.Z;tP~~J;f{ § ~U~lt m!¥JT~. 0

3.10

Where an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, such that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Operating Leases

3.10 (a) The Group as lessor

Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease.

3.10 (b) The Group as lessee

3.11

3.12

33

Rentals payable under operating leases are charged to income and expenditure statement on a straight-line basis over the term of the relevant lease. Benefits received and receivable as an incentive to enter into an operating lease are also spread on a straight-line basis over the lease term.

Retirement Benefits Costs

Payments to defined contribution retirement benefit plans are charged as an expense when employees have rendered service entitling them to the contribution.

Foreign Currencies

In preparing the financial statements of the individual entity, transactions in currencies other than the entity's functional currency (foreign currencies) are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the rates prevailing on the balance sheet date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was determined. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated.

倘若所作出的減值虧損可於日後回撥

，資產的帳面值會調高至重估的可收

回金額，惟調高後之可收回金額不可

多於資產於以前年度未有減值虧損的帳面值。所間撥的滅值虧損會即時確

認為收入。

3.10 營運租約

3.10 個)集團為出租者

來自營運租約的租金收入在有關租約年期內按直線基準確認 o

3.10 (b) 集團為新且者

根據營運租約應付之租金以直線基準

按有關租約之年期於收支報表內列

脹。作為訂立期營運租約誘因之已收

及應收利益，亦按直線基準於有關租

約年期分攤。

3.11 退休福利開支

'支

項為款列之後付務支服所之劃須計所休款退供款出供作定員界僱。

為於出

3.12 外區

於編制個別實體之財務報表時，以有

關實體功能貨幣以外之貨幣(外幣)進行

交易，乃按交易當日適用之腫率入脹。於各結算日，以外幣計值之貨幣

項目按結算臼之睦率重新換算。按公

允值列提之非貨幣項目按公允值定價

當日適用之匯率重新換算。以外幣並

按歷史成本計算之非貨幣項目則不會

重新換算。

3.10

Where an impairment 10ss subsequent1y reverses, the carrying amount of the asset is increased to the revised estimate of its recoverab1e amount, such that the increased carrying amount does not exceed the carrying amount that wou1d have been determined had no impairment 10ss been recognised for the asset in prior years. A reversa1 of an impairment 10ss is recognised as income immediate1y.

Operating Leases

3.10 (a) The Group as lessor

Renta1 income from operating 1eases is recognised on a straight-line basis over the term of the re1evant 1ease.

3.10 (b) The Group as lessee

3.11

3.12

Renta1s payab1e under operating 1eases are charged to income and expenditure statement on a straight-line basis over the term of the re1evant 1ease. Benefits received and receivab1e as an incentive to enter into an operating 1ease are a1so spread on a straight-line basis over the 1ease term.

Retirement Benefits Costs

Payments to defined contribution retirement benefit p1ans are charged as an expense when emp10yees have rendered service entitling them to the contribution.

Foreign Currencies

In preparing the financia1 statements of the individua1 entity, transactions in currencies other than the entity's functiona1 currency (foreign currencies) are recorded at the rat巴s of exchange prevailing on the dates of the transactions. At each ba1ance sheet date, monetary items denominated in foreign currencies are retrans1ated at the rates prevailing on the ba1ance sheet date. Non-monetary items carried at fair va1ue that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair va1ue was determined. Non-monetary items that are measured in terms of historica1 cost in a foreign currency are not retrans1ated.

33

IZSlMi~}l[~:rJl § :&.:mJiiJT~~}l[rmc:rJl § ®~~~~~~~mA~~~~~OO ~~)(5(¥~~ 0 IZSI:mJiiJT~~:ft(0ft{il1i~U m~#}l[~~§W~~~~~~&m A~~~~5(.~,mlZSl:m~~~# J!irmc~ § ~~)(~g1GJl51ffilW~~~Iri~ ~~ , W~~~g1GJl51ffil~TI~j~1J~~.p; pglitW,>g:'j!"f~1'~ 0 ~~?~}l[rmc:rJl§ ~~

.~~g1G~.~ffW~Iri~ffi*-M @:~1J~~-PI1lpglit~ 0

m§t~U*,~~M~¥~~ , *~~ij!1'~~ ~~jl~:&.~-m:tSJPJMi~B~m~$ ~.m*~~~§t~U}l[rmc(NP~5G) , W ~~)(A:&'!j¥J5(5!UPJ*~Jtzp.:tSJIri$T ~~~o~~~Iri~~.lit~~~~ ~.p;pg 0 ~~~~.1J~~ij!1'~~~f1i( tB~~rl'l~~~5(¥~~pglitW,>g 0

34

Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are included in the income and expenditure statement for the period in which they arise. Exchange differences arising on the retranslation of non-monetary items carried at fair value are included in the income and expenditure statement for the period except for differences arising on the retranslation of non-monetary items in respect of which gains and losses are recognised directly in reserves. For such nonmonetary items, any exchange component of that gain or loss is also recognised directly in reserves.

For the purposes of presenting the consolidated financial statements, the assets and liabilities of the Group's operations outside Hong Kong are translated into the presentation currency of the Group (Le. Hong Kong dollars) at the rate of exchange prevailing at the balance sheet date, and their income and expenses are translated at the average exchange rates for the year. Exchange differences arising, if any, are recognized in the exchange reserve. Such exchange differences are recognized in the income and expenditure statement in the period in which the foreign operation is disposed of.

因結算貨幣項目及重新換算貨幣項目

而產生之匯兌差額撥入其產生的期問

之收支報表。因重新換算按公允值列眠之非貨幣項目而產生之匯兌差額撥

入當期之收支報表，惟因重新換算非

貨幣項目之收益或虧損而產生之匯兌

差額，而該收益或虧損需直接於儲備

內確認者除外。該等非貨幣項目之有

關收益或虧損之任何外腫成份會一併

直接於儲備內確認。

為呈列綜合財務報表，本集團境外業

務的資產及負債均以結算日通用匯率

換算為本集團的呈列貨幣(即港元) ，而

其收入及開支則以本年度平均陸率予以換算。產生的匯兌差異確認於換算

儲備內。該匯兌差異於該境外業務被

出售期間之收支報表內確認。

34

Exchange differences arising on the sett1ement of monetary items, and on the retranslation of monetary items, are included in the income and expenditure statement for the period in which they arise. Exchange differences arising on the retranslation of non-monetary items carried at fair va1ue are included in the income and expenditure statement for the period except for differences arising on the retranslation of non-monetary items in respect of which gains and losses are recognised direct1y in reserves. For such nonmonetary items, any exchange component of that gain or 10ss is also recognised direct1y in reserves.

For the purposes of presenting the consolidated financial statements, the assets and liabilities of the Group's operations outside Hong Kong are trans1ated into the presentation currency of the Group (i.e. Hong Kong dollars) at the rate of exchange prevailing at the ba1ance sheet date, and their income and expenses are trans1ated at the average exchange rates for the year. Exchange differences arising, if any, are recognized in the exchange reserve. Such exchange differences are recognized in the income and expenditure statement in the period in which the foreign operation is disposed of.

3.13 ~m~~I&~~lIT:m:mM$§~1lr~J{U APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS

~1l~*~1t~::xJn!\}irf7UEl:r~mfrlITgr1l0fr7JJl{1Ji~*'f$Jm '~lIT:&lii~ ( r *'f~mM~¥rH!f$J!U J ) '~$8*lii~5& 0

In the current year, the Group has applied the following amendments and interpretations ("new HKFRSs") issued by the Hong Kong Institute of Certified Public Accountants ("HKICP A"), which have become effective.

~mfrlIT$J!U~39lM:&~mjl;n~¥~~$J!um7lM ~~~.iii~m*'f:5t~ (~m

HKAS 39 & HKFRS 7 (Amendments) Reclassification of financial assets

~m(fgXJ~M~¥~~$J!Ulii~~Jf!fr)-lii~9:&~ *A~m~IJt mfrH~J!Um39lM (~m HK(lFRIC) - INT 9 & HKAS 39 (Amendments) Embedded derivatives

~m(fgXJ~M~¥~~lii~~Jf!fr) -lii~12 ij~~*lii~ffIi*~F HK(IFRIC) - INT 12 Service concession arrangements

~m(fgXJ~M~¥~~~~~Jf!fr) -~~13 $F,~,~lITJ!J HK(IFRIC) - INT 13 Customer loyalty programmes

~m(fgXJ~M~¥~~lii~~Jf!fr) -lii~14 ~mfrH~J!Um19lM -WJEmfU~ii~~'&ifjU ' >il\:{~~'Slt;~*:&jipJ1f~lIil!IJ rUj{;l~

HK(IFRIC) - INT 14 HKAS 19 - The limit on a defined benefit asset, minimum funding requirements and their interaction

f,R@3~~*'f~m~·~¥~~~J!U3lfZ~~/.fs:~Il~/.fs:frH:Mr,,~glGj/!i\ttfrH:Mr,,~~~~:&~·~~R~I\i~:&jl7UhJ:tmJV({:E{itJ.m*~ 11 0 IZSIJtt ' 1]HJH'Fl±l1:ElitJ!W:MIDWl~ 0

The adoption of these new HKFRSs had no material effect on how the results and financial position for the current or prior accounting periods have been prepared and presented. Accordingly, no prior year adjustment has been required.

*~Il:ML~f{.!f!JJ.i!\m PJ "f87JJl{1Ji{f!. fiU*~%(~*'flIT:&*lii~lIT$J!U ' {~lITglZlii~ 0

The Group has not eady applied the following new and revised standards, amendments and interpretations that have been issued but are not yet effective.

~m~'~¥~~$J!U (~m HKFRSs (Amendments)

~mM~¥~~$J!U (~m HKFRSs (Amendments)

~mfriIT$jm~llM (~l'lJ) HKAS 1 (Revised)

~mfriIT$JW~23lM (~m HKAS 23 (Revised)

~mfriIT$J!U~27lM (~m HKAS 27 (Revised)

~mfriIT$J!U~32lM:&mllM (~m HKAS 32 & 1 (Amendments)

~mfrlIT$J!um39lM (~m HKAS 39 (Amendment)

~mM~¥~~~J!U~~:li!1 Improvements to HKFRSsl

~mM~¥~~$J!U2009~~~2 Improvements to HKFRSs 20092

M~¥~~~jl7U3 Presentation of Financial Statements3

{t'i~JV(*3 Borrowing Costs3

-**15-:&~JLM~¥~~4 Consolidated and Separate Financial Statements4

PJM'~mIJt:&i'J1fiillif~.1:E3 Puttable Financial Instruments and Obligations Arising on Liquidation3

15-~f~~¥*:rJi §4

Eligible hedged items4

35

3.13 應用新訂及經修訂香港財務報告準則

APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS

集閻於本年度首次應用下列由香港會計師公會頒佈之新準則、修訂及詮釋( r新香港財務報告準則J ) ，全部已經生效。

In the current year, the Group has applied th巴 following amendments and interpretations (“new HKFRSs") issued by the Hong Kong Institute of Certified Public Accountants (“HKICP A"), which have b巴come effective.

香港會計準則第39號及香港財務報告準則第7號金融資產之讓新分類(修訂〕

HKAS 39 & HKFRS 7 (Amendments) Reclassification of financial assets

香港(國際財務報告準則詮釋委員會)-詮釋9及香碳入式衍生工具

港會計準則第39號(修訂)

HK(IFRIC) - INT 9 & HKAS 39 (Amendments) Embedded derivatives

香港(國際財務報告詮釋委員會) -詮釋12 服務經營樣安排

HK(IFRIC) - INT 12 S巳rvice concession arrang巴ments

香浴(國際財務報告詮釋委員會) -詮釋的客戶忠誠計劃

HK(IFRIC) -的T 13 Custom巳r loyalty programmes

香港(國際財務報告詮釋委員會) -詮釋14 香港會計準則第19號"界定福利資產之限制、最低資金要求及兩者之互動關係

HK(IFRIC)闋的T 14 HKAS 19 - The limit on a defined benefit asset, minimum funding requirements and their interaction

採納該等新香港財務報告準則並無對本集團於本會計期間或過往會計期間之業績及財務狀況之編製及呈列方式構成任何重大影

響。因此，毋須作出任何前期調整。

The adoption of these new HKFRSs had no material effect on how the results and financial position for the current or prior accounting periods hav巴 been prepared and presented. Accordingly, no prior year a句ustment has been required.

本集團並無提早應用以下巴頒佈但尚未生效之新訂及經修訂準則、修訂或詮釋。

Th巴 Group has not early applied the following new and revised standards, am巴ndments and interpretations that have been issued but are not y巳t effectiv巳.

香港財務報告準則(修訂)

HKFRSs (Amendments)

香港財務報告準則之改進I

Improvements to HKFRSs1

香港財務報告準則(修訂〕

HKFRSs (Amendm巴nts)

香港財務報告準則2009之改善2

Improv巴ments to HKFRSs 20092

香港會計準則第1號(修訂)

HKAS 1 (Revised)

財務報表之呈列3

Presentation of Financial Statements3


HKAS 23 (Revised) CS O C PE

r-m 同他

O

貸前借故


HKAS 27 (Revised)

綜合及獨立財務報表4

Consolidated and S巳parate Financial Statements4

香港會計準則第32號及第1號(修言D

HKAS 32 & 1 (Amendments)

可治金融工具及清盤時之責任3

Puttable Financial Instruments and Obligations Arising on Liquidation3

香港會計準則第39號(修訂〕

HKAS 39 (Amendment)

合資格對沖項目4

Eligible hedged itemé

35

3.13 ~)iHWrn~~ni§:mHij~~15~JtU(.) APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS (Cont'd)

~~M~¥IHtf$J'lU~I§dE ({~m

HKFRS 1 (Revised)

~~M~¥IHtj'$J'lU~I§dE ({~m

HKFRS 1 (Amendment)

~~IM'~¥~,*$J'lU~I§dE& ~~ttrr$~U~27§dE (~m

HKFRS 1 & HKAS 27 (Amendments)

~~M~¥~,*$J'lU~2§dE (~m

HKFRS 2 (Amendment)

~~M~9J¥~,*$J'lU~2§dE ({~m

HKFRS 2 (Amendment)

~~M~¥~,*$J'lU~3§dE (~m

HKFRS 3 (Revised)

~~M~¥~,*$J'lU~7§dE ({~m

HKFRS 7 (Amendment)

~~M~¥~,*$J'lU~8§dE HKFRS 8

~~(IfmIl1i€IM'~9J¥~,*$J'lU~~~~tt) -~~15 HK(IFRIC) - INT 15

~~(IfmIl1i€IM'~¥~,*$J'lU~~~~tt) -~~16 HK(IFRIC) - INT 16

~~(IfmIl1i€IM'~¥~,*$J'lU~~~~tt) -~~l7 HK(IFRIC) - INT 17

~~(IfmIl1i€M~¥~,*$J'lU~~~~tt) -1li~l8 HK(IFRIC) - INT 18

tt*:f*m~~M~9J¥~,*~~U5 First-time adoption of Financial Reporting Standards5

Wl7l-lltt~Ttt*:f*m~5 Additional exemptions for first-time adopters5

Cost of an investment in a subsidiary, jointly controlled entity or

associate3

flW Jlfl5kftf: &tt$f!P Vesting conditions and cancellations3

~1IIJ!¥ff!Bt{5j-3( ~ 5

Group cash-settled share-based payment transactions5

~~ir1#4 Business combinations4

a)(~~~1M!I~IZ..:fJifi:R3 Improving disclosures about financial instruments3

~~9J:5t~~e Operating Segments3

m:i!!liilZ..~~irRfi Agreements for the Construction of Real Estate3

w}~~9J1Z..~~~f,f~6 Hedges of a Net Investment in a Foreign Operation6

icDfjjHf Aj}~¥Hp;fJI;~~ffi4 Distribution of non-cash assets to owners4

~Fiji$~~ffi7 Transfer of assets from customers 7

36

3.13 應用新訂及經修訂香浩財務報告單則(續)

APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS (Cont'd)

香港財務報告準則第1號(修吉D

HKFRS 1 (Revised)

香港財務報告準則第1號(修言D

HKFRS 1 (Amendment)

香浴財務報告準則第1號及香港會計準則第27號

(修訂〕

HKFRS 1 & HKAS 27 (Amendments)

香港財務報告準則第2號(修訂)

HKFRS 2 (Amendment)

香港財務報告準則第2號(修訂〕

HKFRS 2 (Amendment)

香港財務報告準則第3號(修言D

HKFRS 3 (Revised)

香港財務報告準剝第7號(修訂)

HKFRS 7 (Amendment)

香港財務報告準則第8號

HKFRS 8

香港(國際財務報告準則詮釋委員會) -詮釋的

HK(IFRIC) - INT 15

香港(國際財務報告準則詮釋委員會) -詮釋16

HK(IFRIC) - INT 16

香港(劉際財務報告準則詮釋委員會) -詮釋17

HK(IFRIC) - INT 17

香港(國際財務報告準則詮釋委員會) -詮釋18

HK(IFRIC) - INT 18

首次採用香港財務報告準則5

First-time adoption ofFinancia1 Reporting Standards5

額外豁免予首次採用者5

Additiona1 巳xemptions for first-time adopt巴rs5

附屬公司、共同控制實體或聯營公司之投資成本3

Cost of an investment in a subsidiary, joint1y controlled 巴ntity or

associate3

歸屬條件及設銷3

V巴sting conditions and cancellations3

集團庫存股份交易5

Group cash-sett1ed share-based paym巴nt transactions5

業務合併4

Business combinations4

改善有關金融工具之披露3

Improving disc10sures about financia1 instruments3

業務分類3

Operating Segments3

房地產之建造合約3

Agr巴巴ments for the Construction of Rea1 Estate3

海外業務之淨投資對沖6

Hedg巴s of a Net Investm巴nt in a Foreign Op巴ration6

向擁有人派發非現金資產4

Distribution ofnon-cash assets to owners4

客戶轉讓資產7

Transfer of assets from customers 7

36

3.13 IJ!{m*'TiITru~~iIT=m:mM~~1!r~J{U(.) APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS (Cont'd)

4

~2009ifl11l B~~)1~mJmiLif1tWlfMl~%( , 'm11f~!!H!;H9J¥~i1r~JliJ~5~(*1l1~lIT)~2009if7 111 B~~)1~F7fjJmiLif1tWlr .. '~ %(0

Effective for accounting periods beginning on or after 1 January 2009, except the amendments to HKFRS 5, effective for accounting periods beginning on or after 1 July 2009.

~2009ifl111 B ' 2009if7 111 B:&'201Oifl11I B~~)1~mJmiL41tWlr .. '~5& 0 (1J\\lJ!ijJtj) 0

Effective for accounting periods beginning on or after 1 January 2009, 1 July 2009 and 1 January 2010, as appropriate.

~2009ifl11l B~~)1~mJmiL41tWlr .. '~5& 0

Effective for accounting periods beginning on or after 1 January 2009.

~2009if7 111 B~~)1~mJmiL41tWlfMl~%( 0

Effective for accounting periods beginning on or after 1 July 2009.

~201Oifl111 B~~)1~mJmiLif1tWlf'6'~%( 0


~2008iflO111 B~~)1~F7fjJmiLif1tWlrJ,'~5& 0

Effective for accounting periods beginning on or after 1 October 2008.

~5&~2009if7 FJI B ~iL 1~1¥J$\!i~ 0

Effective for transfer on or after 1 July 2009.

~tf311f)!!!Ht;ff9J~i1r~JliJ~3~ (~n) ~1fJ,~~~f9J~1# (t~J&. B Wlm2009if7 111 B ~iL 1~mMltr1W!~4li¥~Wlr .. 'F7fJMl~~ ~)1~BT) 1¥J.~t:n~ 0 11fm.~t~JliJ~27~ (~n) ~~.£'J:0~~rJ,'liftIll0~l¥JmHfm1'f~ffiFf.~~~*m1lium~1¥J .~~l':!I! ' 1'f1U!'I~m~ft(JBi:m~~~l':!I! 0 ~I.ffiWl~JtjJtftg~~*ll1f~niL~JlU~lli~lM*~MliL~*jlf:&'j!;;ff9JJI7\m~/f.3i!i~ 1:fli1J1j,*~. 0 "

The adoption of HKFRS 3 (Revised) may affect the accounting for business combination for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after 1 July 2009. HKAS 27 (Revised) will affect the accounting treatment for changes in a parent's ownership interest in a subsidiary that do not result in a loss of control, which will be accounted for as equity transactions, The Council anticipate that the application of the other new or revised standards, amendments or interpretations will have no material impact on the results and the financial position of the Group,

37

3.13 應用新訂及經修訂香港財務報告準則(續)

APPLICATION OF NEW AND REVISED HONG KONG FINANCIAL REPORTING STANDARDS (Cont'd)

l 於2009年1月 1 日或以後開展之年度期問生效，惟香港財務報告準則第5號(經修訂)於2009年7月 1 日或以後開展之年度期間生效。

Effective for accounting periods b巴ginning on or after 1 January 2009, except the am巳ndments to HKFRS 5, effectiv巴for accounting periods beginning on or aft巴r 1 Ju1y 2009.

於2009年1月 1 臼、 2009年7月 1日及2010年間的或以後開展之年度期間生效。(倘適用)。

Effective for accounting periods beginning on or after 1 January 2009, 1 Ju1y 2009 and 1 January 2010, as appropriate.

於2∞9年1月 1 日或以後開展之年度期間生效。


4 於2009年7月 1臼或以後開展之年度期間生效。Effective for accounting periods beginning on or after 1 Ju1y 2009.

於2010年1月 1日或以後開展之年度期問生效。

Effective for accounting p巴riods beginning on or after 1 January 2010.

於2008年10月 1 日或以後開展之年度期間生效。

Effectiv巴 for accounting periods beginning on or after 1 October 2008.

7 生效於2009年7月 1日或之後的轉讓。Effectiv巴 for transfer on or after 1 Ju1y 2009.

採納香港財務報告準則第3號(修訂)或會影響業務合併(指收購日期為2009年7月 1 日或之後開始首個全年呈報期間開始時或

以後日子)的會計方法。香港會計準則第27號(修訂)將影響母公司於一間附屬公司的擁有權有變而不會導致失去控制權時的

會計處理，有關情說將按股權交易處理。校董會預期應用其他新或經修訂之準則或詮釋對本集團之業績及財務狀況將不會造成

任何重大影響。

The adoption of HKFRS 3 (R巳vised) may affect the accounting for business combination for which the acquisition date is on or after the b巴ginning of the first annua1 reporting period b巴ginning on or after 1 Ju1y 2009. HKAS 27 (Revised) will affect the accounting treatment for changes in a parent's ownership interest in a subsidiary that do not resu1t in a 10ss of contro1, which will be accounted for as equity transactions. The Counci1 anticipat巴 that the application of the other n巴w or revised standards, amendments or interpretations will have no materia1 impact on the resu1ts and the financia1 position of the Group.

37

4. i&J&JiWf&1imx GOVERNMENT SUBVENTIONS AND GRANTS

'Uf1!lfHI~m .~1ii:fi1l ~.l!bm!IIIJ m!IIIJ UGCBlock Fund t.1ArO!!HlJft

Grant· Raising ffm!IIIJ f..fWfm!IIIJ ;tt-ft!!m!IIIJ Mift funded Related CPEP Research Other Total

Activities Activities Activities Activities Activities 2009 $'000 $'000 $'000 $'000 $'000 $'000

$l!~ Consolidated

!¥)(Jl1r'iiWJliH~iIlX University Grants Committee (UGC) Subventions and Grants

lM~*!l!mf~iIlXliUI'i5Et~iIlX(llfjltt22) 1,224,969 0 0 110,561 106,117 1,441,647 Recurrent Block Grant and Earmarked Grants (Note 22)

~jsH~~liUiHm 20,318 0 177 0 126 20,621

Rates and Government Rent Refunds

lfcl~t~iIlX 0 26,766 0 0 0 26,766 Matching Grants

1,245,287 26,766 177 110,561 106,243 1,489,034

iliZJ&~lmt!MflH~iIlX(llfjltt22) 0 0 0 32,218 0 32,218 Grants from Government Agencies (Note 22)

1,245,287 26,766 177 142,779 106,243 1,521,252

ft.l!lg~m .~1ii:fi1l ~.l!bm!IIIJ m!IIIJ !li1liJ UGCBlock Fund t.1ArOIlHJJft Restated

Grant· Raising ffm!IIIJ f..fWfm!IIIJ ;tt-ft!!m!IIIJ Mift funded Related CPEP Research Other Total


$l!~

Consolidated

!¥)(Jl1itJlWJ:&~iIlX University Grants Committee (UGC) Subventions and Grants

lM~*!l!m~iIlX:&tl'i5Et~iIlX(llfjltt22) 1,211,498 0 0 113,070 122,771 1,447,339 Recurrent Block Grant and Earmarked Grants (Note 22)

~ji~~:&:tiHm 20,123 0 186 0 110 20,419 Rates and Government Rent Refunds

lfcl~t~iIlX 0 108,461 0 0 0 108,461 Matching Grants

1,231,621 108,461 186 113,070 122,881 1,576,219

iliZJ&~Im~:{$Jt~iIlX(llfjltt22) 0 0 0 21,581 0 21,581 Grants from Government Agencies (Note 22)

1,231,621 108,461 186 134,651 122,881 1,597,800

38

4. 政府資助及撥款

GOVERNMENT SUBVENTIONS AND GRANTS

教資會資助及援款

University Grants Committee (UGC) Subventions and Grants

整筆經常撥款及指定撥款(附註22)

Recurrent Block Grant and Earmarked Grants (Not巳 22)

退還差的及地租


配對撥款

Matching Grants

政府有關機構撥款(附詮22)

Grants from Government Agencies (Note 22)

教資會資助及撥款


整筆經常撥款及指定撥款(附註22)

Recurrent Block Grant and Earmarked Grants (Note 22)

退還差鋪及地租


配對撥款

Matching Grants

政府有關機構援款(附設22)

Grants 企om Government Agencies (Note 22)

教資會聲學撥租車募及有關教贊助活動活動

UGC Block Fund 持鑽進修教Grant. Raising 育活動科研活動其他活動組計

Cunded Related CPEP Research Other TotaI Activities Activities Activities Activities Activities 2009

$'00o $'000 $'000 $'000 $'000 $'00。

1,224,969 O

20,318 O

。 26,766

綜合

Consolidated

。 110,561

177 。

O 。

106,117 1,441 ,647

126 20,621

O 26,766

1,245 ,287 26,766 177 110,561 106,243 1,489 ,034

。 O O 32,218 O 32,218

1口，立24衍5乳口m之且287 2且豆且6 177押 1ω且的2.7悄7呵9 叫n叫后叫 1 ，5且，521位叩2幻1 ，252聞自=間 =吉拉盟.L...........，_ ..持 =盟=盟=

教資會聲學撥轉學募及有獨款資助活動活動重錯

UGC Block Fund 持續進修教 Restated Grant. Raising 育活動科研?活動其他活動總計

Cunded Related CPEP Research Other TotaI Activities Activities Activities Activities Activities 2008

$'00o $'000 $'000 $'000 $'000 $'00。

1,211 ,498 O

20,123 。

O 108,461

綜合

Consolidated

O 113,070

186 O

。 O

122,771 1,447 ,339

110 20,419

。 108,461

1,231 ,621 108,461 186 113 ,070 122,881 1,576,219

O O 。 21 ,581 O 21 ,581

1,231 ,62108,461 186 134,651 122,881 1 ，597 ，80。

一一一一一

38

4. jJ&}fYliWJ;&m~(.) GOVERNMENT SUBVENTIONS AND GRANTS (Cont'd)

fi~ffm •• ..&:ffJl ~~l!fJffl!lllJ ffl!lllJ UGCBlock Fund

Grant- Raising f' .. H~fffl!lllJ ;ltft!!ffl!lllJ Mift funded Related Research Other Total

Activities Activities Activities Activities 2009 $'000 $'000 $'000 $'000 $'000

** Universitl:

~Jillt~J!IJ&fi$): University Grants Committee (UGC) Subventions and Grants

~**~'ilHi$):bHi'iJEfi$):(mtt22) 1,224,969 0 110,561 106,117 1,441,647 Recurrent Block Grant and Earmarked Grants (Note 22)

~~~tlfl.&j:l!lffi 20,318 0 0 126 20,444 Rates and Government Rent Refunds

lfcJ!Mti~ 0 26,766 0 0 26,766 Matching Grants

1,245,287 26,766 110,561 106,243 1,488,857

jJilz)f,f~JmUti$):(Ili;jtt22) 0 0 30,966 0 30,966 Grants from Government Agencies (Note 22)

1,245,287 26,766 141,527 106,243 1,519,823

fi~ffm •• ..&:ffJl ~~l!fJffl!lllJ ffl!lllJ ml/ii UGCBlock Fund Restated

Grant- Raising f4Wffl!lllJ ;ltft!!ffl!lllJ Mift funded Related Research Other Total

Activities Activities Activities Activities 2008 $'000 $'000 $'000 $'000 $'000

** Universitl:

~JilltJiJ!lJ.&tifX University Grants Committee (UGC) Subventions and Grants

~**~mti~.&ti'iJEti$):(Ili;jtt22) 1,211,498 ° 113,070 122,771 1,447,339 Recurrent Block Grant and Earmarked Grants (Note 22)

~~~tlfl.&j:l!lffi 20,123 0 0 110 20,233 Rates and Government Rent Refunds

lfcJ!Mti~ 0 108,461 0 0 108,461 Matching Grants

1,231,621 108,461 113,070 122,881 1,576,033

jJilz)f,f~JmUti$):(Ili;jtt22) ° 0 21,581 0 21,581 Grants from Government Agencies (Note 22)

1,231,621 108,461 134,651 122,881 1,597,614

39

4. 政府資助及撥款(續)GOVERNMENT SUBVENTIONS AND GRANTS (Cont'd)



整畫在經常撥款及指定撥款(的註22)

Recurrent B10ck Grant and Earmarked Grants (Note 22)



配對撥款

Matching Grants

政府有關機構撥款(附註22)

Grants 台om Government Agencies (Note 22)


University Grants Committ巴巴 (UGC)Subventions and Grants

整筆經常撥款及指定戀款(咐註22)

Recurrent B10ck Grant and Earmarked Grants (Note 22)



配對撥款

Matching Grants

政府有關機構撥款(附設22)

Grants from Government Agencies (Note 22)

教資會接筆撥縛募及有關款資助活動活動

UGC Block Fund Grant- Raising 科研活動其他活動總計

funded Related Research Other Total Activities Activities Activities Activities 2009

$'00o $'000 $'000 $'000 $'00。

大學虫泣單位

1,224,969 106,117 1,441 ,647 O 110,561

20,318 126 20,444 。。

O 。 26,766 26,766 。1,245,287 110,561 106,243 1,488,857 26,766

O O 30,966 O 30,966

1,245,287 26,766 141,527 106,243 1,519,823

是u

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1,211 ,498 O 113,070 122,771 1,447,339

20,123 O 110 20,233 O

O 108,461 108,461 。 O

1,231 ,621 113,070 122,881 1,576,033 108,461

O O 21 ,581 O 21 ,581

1,231 ,62108,461 134,651 122,881 1,597,614

39

5. ¥. ' $J!fi&~ftgr&. TUITION, PROGRAMMES AND OTHER FEES

fJ(.~m*fI •• &fl"1I ~.WJffl!llJJ ffl!llJJ UGCBlock Fund ~.OI!HIJfJ(

Grant- Raising f1ffl!llJJ MM funded Related CPEP Total

Activities Activities Activities 2009 $'000 $'000 $'000 $'000

~~ Consolidated

~W ' ll*fj&:ltft!1)&W Tuition, Programmes and Other Fees 322,202 1,247 269,065 592,514

*~ University

~W ' ll*fj&:ltft!1)&W Tuition, Programmes and Other Fees 322,202 1,247 248,157 571,606

fJ(.~m*fI •• &fl"1I ~.WJffl!llJJ ffl!llJJ Ittn} UGCBlock Fund ~m}lfIJfJ( Restated

Grant- Raising f1ffl!llJJ MM funded Related CPEP Total

Activities Activities Activities 2008 $'000 $'000 $'000 $'000

~~ Consolidated

~W ' ll*fj&:ltfi!1.!&W Tuition, Programmes and Other Fees 308,949 942 286,556 596,447

*~ University

~W ' ljlM:ll&:ltfi!1.!&W Tuition, Programmes and Other Fees 308,949 942 253,969 563,860

40

5. 學費、課程及其他收費TUITION, PROGRAMMES AND OTHER FEES

教賣會聽畫在攝書學募及有關

款資助活動活動

UGCBlock Fund 持續尷傳教

Grant- Raising 育活動蟬計

funded Related CPEP Total Activities Activities Activities 2009

$'00。 $'00。 $'00。 $'000

綜合

Consolidated

學費、課程及其他收費Tuition, Programmes and Other Fe巴s 322,202 1,247 269,065 592,514

大學University

學費、課程及其他收費Tuition, Programmes and Other Fees 322,202 1,247 248,157 571 ,606

教賣會聲響撥嚮募及有關

款資助活動活動軍搞

UGC Block Fund 持續鐘韓戰 Restated Grant- Raising 育活動飽計

funded Related CPEP Total Activities Activities Activities 2008

$'00。 $'00。 $'00。 $'000

綜合

Consolidated

學費、課程及其他收費Tuition, Programmes and Other Fees 308,949 942 286,556 596,447

大學University

學費、課程及其他收費Tuition, Programmes and Other Fees 308,949 942 253,969 563 ,860

40

6. fU}~t&~:RJ&A INTEREST AND INVESTMENT INCOME

2009 2008 $'000 $'000

~-€i Consolidated

fU}~J?(Jt{ilif~ii~5I:A 98,827 114,820 Interest and other investment income

EJ{~l±\m~;f~iii£zB.~J!~fU:&f~ji~5I:A 25,488 3,728 Realised gains and investment income on Available-far-Sale Financial Assets

124,315 118,548

*¥ University

fU}~,~5I:A 98,189 112,885 Interest income

EJ1~l±\m~;f~iii£zB.~J!~fU:&f~ji~5I:A 25,488 3,728 Realised gains and investment income on Available-far-Sale Financial Assets

* § ~~~!§,0 ~ZllitJ~,~A 2,299 2,280 Dividend received from an Associate

125,976 118,893

41

6. 利息及投資收入INTEREST AND INVESTMENT INCOME

2009 2008 $'000 $'00。

綜合

Consolidated

利息及其他投資收入 98 ,827 114,820 Interest and other investment income

可供出售財務資產之已實現盈利及投資收入 25,488 3,728 Realised gains and investment income on Available-for-Sale Pinancial Assets

124,315 118,548

大學University

利息收入 98 ,189 112,885 Interest income

可供出售財務資產之巳實現盈利及投資收入 25 ,488 3,728 Realised gains and investment income on Available-for-Sale Pinancial Assets

來自聯營公司之股息收入 2,299 2,280 Dividend received from an Associate

125,976 118,893

41

7. ~~m~ DONATIONS AND BENEFACTIONS

WI Restated

2009 2008 $'000 $'000

:iRm~lJ{ :iRm1llXlJ{ Pledged ~ft!! tmit Pledged ~ft!! tmit Amounts Others Total Amounts Others Total (Ilftl!t25) (Ilfttt25) (Note 25) (Note 25)

~.g-:&'*i¥ Consolidated and University

~Vtqm!!iJJ:&-JM!:m3ii 16,210 23,904 40,114 77,740 79,380 157,120 Academic Activities and General Uses

~~~:&JliJ~~ 0 18,361 18,361 21,000 14,455 35,455 Scholarships and Bursaries

m:~:&'~fjfp:J[ § (Ilfttt22) 0 8,992 8,992 0 11,594 11,594 Research and Other Projects (Note 22)

16,210 51,257 67,467 98,740 105,429 204,169

42

7. 外界捐款DONATIONS AND BENEFACTIONS

學術活動及一般用途

Academic Activities and G巴neral Uses

獎學金及助學金

Scholarships and Bursaries

研究及其他項目(附註22)

Research and Other Projects (Note 22)

2009 $'000

重編


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16,210 23,904 40,114 77,740 79,380 157,120

O 18,361 18,361 21 ,000 14,455 35,455

O 8,992 8,992 O 11 ,594 11 ,594

16,210 51 ,257 67,467 98,740 105,429 204,169

42

8. i/imWJ mU9JJ5ZJtft!!J&A AUXILIARY SERVICES AND OTHER INCOME

~Wf1IHJf JJJJ&fl'1IM .~ mlWl

UGCBlock Fund *.~fIJ~ Grant- Raising TfmlWl flWfmlWl ;ttftllmlWl ~llt funded Related CPEP Research Other Total


$j!-€;

Consolidated

llflJ~{?;-*c; 0 0 0 67,848 0 67,848 Research Contract

~1:m'i% 0 0 0 0 59,899 59,899 Residence Halls

flhi'iJ&/\ 5,877 0 0 0 52,743 58,620 Rental Income

~~jUWA*Plz.f.ll.~ 10,241 0 0 0 11,446 21,687 Rental Contribution from Staff

n~~J&Jt, lJi§J&/\litAftg .. ® 3,811 4,956 6,143 0 4,308 19,218 Services Fees, Workshop Income and Other Sponsorships

llfF~~ § .. ®(~tt22) 0 0 0 10,919 0 10,919 Research Project Sponsorships (Note 22)

~~J&/\ 1,289 2,017 953 0 357 4,616 Miscellaneous

21,218 6,973 7,096 78,767 128,753 242,807

~Wf1'Ul JJJJ&fl'1IM .~ mlWl U

UGCBlock Fund *.~fIJ~ Restated Grant- Raising TfmlWl flWfmlWl ;ttftllmlWl ~llt funded Related CPEP Research Other Total


$j!-€;

Consolidated

llfF~{?;-~ 0 0 0 60,776 0 60,776 Research Contract

~1:m'i% 0 0 0 0 54,095 54,095 Residence Halls

m~J&/\ 4,606 0 0 0 58,893 63,499 Rental Income

. ~~jUf{*Plz.f.ll.~ 6,855 0 0 0 10,672 17,527 Rental Contribution from Staff

n~f%J&Jt' lJi§J&/\litAftg .. ® 3,700 1,179 6,203 0 2,582 13,664 Services Fees, Workshop Income and Other Sponsorships

llfF~lJi § .. ®(~tt22) 0 0 0 1,462 0 1,462 Research Project Sponsorships (Note 22)

~~J&/\ 1,225 513 0 0 0 1,738 Miscellaneous

16,386 1,692 6,203 62,238 126,242 212,761

43

8. 輔助服務及其他收入AUXILIARY SERVICES AND OTHER INCOME

研究合約

Research Contract

學生宿舍

Residence HalIs

租金收入Rental Income

教職員繳納之租金

Rental Contribution from Staff

服務收費，項目收入及其他贊助Services Fees, Workshop Income and Other Sponsorships

研究項目贊助(附註22)

Rese紅ch project Sponsorships (Note 22)

雜項收入

h在iscellan巴。us

研究合約

Research Contract

學生宿舍

Residence HalIs



Rental Contribution 企omStaff

服務收費，項自收入及其他贊助Services Fees, Workshop Income and Other Sponsorships


Research Project Sponsorships (Note 22)

雜項收入MiscelIaneous

事史資會盤筆

撥款

UGC Block Grantfunded

Activities

$'00。

O

O

5,877

10,241

3,811

O

1,289

串串募及有關

活動

Fund Raising Related

Activities $'000

O

O

O

O

4,956

O

2,017

持鎖逃修教育活動

CPEP Activities

$'00。

科研活動

Research Activities

$'00。

鯨合

Consolidated

O 67,848

O O

O 。

O O

6,143 O

O 10,919

953 O

其他活動

Other Activities

$'000

O

59,899

52,743

11,446

4,308

O

357

總計

Total 2009

$'00。

67,848

59,899

58,620

21 ,687

19,218

10,919

4,616

21 ,218 6,973 7,096 78 ,767 128,753 242,807

一一一一一一教資會整筆

撥款

UGCBlock Grantfunded

Activities $'000

O

。

4,606

6,855

3,700

O

1,225

轉車募及有關活動


Activities $'000

O

O

。

O

1,179

。

513

持鑽進修教育活動

CPEP Activities

$'00。

科研活動

Research Activities

$'00。

直言合

Consolidated

。 60,776

。。

。。

O O

6,203 O

O 1,462

O 。

其他活動

Other Activities

$'00。

O

54,095

58,893

10,672

2,582

O

O

重緝

Restated 總計Total 2008 $'000

60,776

54,095

63,499

17,527

13,664

1,462

1,738

16,386 1,692 6,203 62,238 126,242 212,761

一一一一一一

43

8. iliiiWJmU9J2R;!tftP.J&A(.) AUXILIARY SERVICES AND OTHER INCOME (Cont'd)

fJ(~f1g. ..1it:ff1lN 1Iij\\: t.Jl!l!lJ

UGCBlock Fund i'lirOm~fJ( Grant- Raising "fft.Jl!l!lJ f4lVft.Jl!l!lJ ;ltff!!t.Jl!l!lJ ~lft funded Related CPEP Research Other Total


** Universitr

~§::W* 0 0 0 0 59,899 59,899 Residence Halls

ffl:'ilk!&A 5,877 0 0 0 51,038 56,915 Rental Income

mU~!&. ' :em E! !&A1i'<.!!;ftl!.'ltWJ 4,813 4,956 5,972 0 10,041 25,782 Services Fees, Workshop Income and Other Sponsorships

~~~Ik~;zJ.l3.:'ilk 10,241 0 0 0 11,446 21,687 Rental Contribution from Staff

llff~:em E! 'ltJl;b(ilffitt22) 0 0 0 10,919 0 10,919 Research Project Sponsorships (Note 22)

*IE:em!&A 1,289 887 788 0 17 2,981 Miscellaneous

22,220 5,843 6,760 10,919 132,441 178,183

fJ(~f1g. ..1it:ff1lN 1Iij\\: t.Jl!l!lJ d

UGCBlock Fund i'liIUm~fJ( Restated Grant- Raising "fft.Jl!ll1J f4lVft.Jl!l!lJ ;ltff!!t.Jl!l!lJ ~lft funded Related CPEP Research Other Total


*$ Universitr

~§::W* 0 0 0 0 54,095 54,095 Residence Halls

f£l:'ilk!&A 4,606 0 0 0 56,970 61,576 Rental Income

mU~!&. ' :em E! !&A1i'<.!!;ftl!.'ltWJ 4,900 633 5,681 0 7,588 18,802 Services Fees, Workshop Income and Other Sponsorships

~~~Ik~iZ.ffl:'ilk ~,855 0 0 0 10,672 17,527 Rental Contribution from Staff

llff~:em E! 'ltWJ(ilffitt22) 0 0 0 1,462 0 1,462 Research Project Sponsorships (Note 22)

*IE:em!&/\ 1,225 375 0 0 0 1,600 Miscellaneous

17,586 1,008 5,681 1,462 129,325 155,062

44

8. 輔助服務及其他收入(續)AUXILIARY SERVICES AND OTHER INCOME (Cont'd)

學生宿舍

R巴sidence Halls


服務收費，項目收入及其他贊助Services Fees, Workshop Income and Other Sponsorships


Renta! Contribution from Staff


Research Project Sponsorships (Note 22)

雜項收入

Miscellaneous

學1:宿舍

Residence Halls


服務收費，項目收入及其他贊助Services F臼s ， Workshop Income and Other Sponsorships


Renta! Contribution from Staff


Research Project Sponsorships (Not巴 22)

雜項收入Miscellaneous

華史資會聖靈童發

撥款


Activities

$'00。

。

5,877

4,813

10,241

O

1,289

縛募及有關活動


Activities $'000

O

。

4,956

。

。

887

持續繼修教育活動

CPEP Activities

$'00。

大學

科研活動

Research Activities

$'00。

豆豆頭型虹

。 O

。 O

5,972 O

O O

O 10,919

788 。

其他活動

Other Activities

$'00。

59,899

51 ,038

10,041

11,446

O

17

總計

Total 2009 $'000

59,899

56,915

25,782

21,687

10,919

2,981

22,220 5,843 6,760 10,919 132,441 178,183 --旦旦旦旦胃--且盟旦旦哥哥=冒 =旦旦=

繳費會整畫在

撥款


Activities

$'00。

O

4,606

4,900

6,855

。

1,225

嘗嘗著華及有攔

滑動

Fund Raising Re!ated

Activities

$'00。

。

。

633

O

。

375

持饋逛修教育活動

CPEP Activities

$'00。

科研活動

Research Activities

$'00。

大學University

。 O

。 O

5,681 O

。。

O 1,462

。 O

其他活動

Other Activities

$'00。

54,095

56,970

7,588

10,672

O

O

重編

Restated 總計

Total 2008 $'000

54,095

61 ,576

18,802

17,527

1,462

1,600

17,586 1,008 5,681 1,462 129,325 155,062

一一一一一一

44

9. ~5i: EXPENDITURE

WTJi.& fliiifU ~jl5i:1±I 2009 2008 Salaries and Operating tffB ~jff- ~jff-

Benefits Expenses Depreciation Total Total $'000 $'000 $'000 $'000 $'000

(1lf1tt9.1) (Note 9.1)

~~ Consolidated

¥f&.&~~ Learning and Research

~¥:&~~ 1,134,497 472,166 61,100 1,667,763 1,572,366 Instruction and Research

i1fiMl 47,973 32,240 304 80,517 79,712 Library

t:p:R: mnf~Hm:VI1I 63,034 21,551 3,402 87,987 68,628 Central Computing Facilities

~flQ~~n~Wi 45,310 5,777 948 52,035 46,228 Other Academic Services

/Nt 1,290,814 531,734 65,754 1,888,302 1,766,934 Sub-total

, ................................ ............................ ................................ . .......................... , . ..........................

:Btf9f5i:ti Institutional Support

1'rf1l!:& -%!:$r~ 109,486 20,031 737 130,254 128,009 Management and General

~*:&1fIUl.m 115,566 172,146 92,881 380,593 361,326 Premises and Related Expenses

~~:&-%!:~1fn~Wi 47,840 73,532 839 122,211 109,029 Student and General Education Services

~flQm!WJ 2,755 33,109 127 35,991 35,865 Other Activities

/Nt 275,647 298,818 94,584 669,049 634,229 Sub-total

, ................................ ............................ ................................ . ........................... . ..........................

2009-¥m:~~5i: 1,566,461 830,552 160,338 2,557,351 2,401,163 Total Expenditure for Year 2009

2008-¥m:~~5i: 1,487,997 768,683 144,483 Total Expenditure for Year 2008

WTJI:& fliiifU-E!,m~II~1fIUl-¥m::m~1*~~tJ1J.PJf5i: HZ. #f;mx~ 128,200,OOO5G(2008 : 122,400,OOO5G) 0

Included in Salaries and Benefits was a total sum of $128.2 million (2008: $122.4 million) representing the Group's contributions towards retirement benefits schemes for the respective accounting period.

45

9. 開支EXPENDITURE

薪酬及福利營運支出 2009 2008 Salaries and Operating 折舊總計總計Bene茵的 Expenses Depreciation Total Total $'00。 $'00。 $'00。 $'00。 $'00。

(附註9.1)

(Note 9.1)

綜合

Consolidated 學術及研究Learning and Research

教學及研究 1,134,497 472,166 61 ,100 1,667,763 1,572,366 Instruction and Research

圖書館 47,973 32,240 304 80,517 79,712 Library

中央電腦設備 63 ,034 21 ,551 3,402 87,987 68,628 Central Computing Facilities

其他教學服務 45 ,310 5,777 948 52,035 46,228 Other Academic Services

小計 1,290,814 531 ,734 65 ,754 1,888,302 1,766,934 Sub-total

校務支接

Institutional Support

管理及一般事務 109,486 20,031 737 130,254 128,009 Management and General

校舍及有關費用 115,566 172,146 92,881 380,593 361,326 Premises and Related Expens巳s

學生及一般教育服務 47,840 73,532 839 122,211 109,029 Student and General Education Services

其他活動 2,755 33,109 127 35,991 35,865 Oth巴r Activities

小計 275 ,647 298 ,818 94,584 669,049 634,229 Sub-total

2009年度總開支 1,566,461 830,552 160,338 2,557,351 2,401 ,163 Total Expenditure for Year 2009

2008年度總開支 1,487,997 768,683 144,483 Total Expenditure for Year 2008

薪酬及福利包括集團於有關年度為退休金計劃所支付之供款共128，200，叩0元(2008 : 122，400，0∞元)。Inc1uded in Salaries and Benefits was a total sum of $128.2 million (2008: $122.4 million) representing the Group's contributions towards retirement benefits schemes for the respectiv巴 accounting period.

45

9. mJ5i:(.) EXPENDITURE (Cont'd)

WfIlJ5HM;fU tfll5i:m 2009 2008 Salaries and Operating tJi'ti ~ltt ~ltt

Benefits Expenses Depreciation Total Total $'000 $'000 $'000 $'000 $'000

(Ilfttt9.1) (Note 9.1)

*lfl University

~fiI!j:&if~ Learning and Research

~~:&if~ 1,101,040 412,329 57,306 1,570,675 1,479,635 Instruction and Research

li1lgg 47,973 32,240 304 80,517 79,712 Library

t:j:t:'R:11U~lDHIil 62,339 21,533 3,402 87,274 67,973 Central Computing Facilities

;tt{ig~~ijlU~ 45,310 5,777 948 52,035 46,228 Other Academic Services

INt 1,256,662 471,879 61,960 1,790,501 1,673,548 Sub-total , ................................ . .......................... , ................................ ........................... , ...........................

M5i:ii Institutional Support

~~:&-JM!:~;m 106,694 16,986 636 124,316 117,871 Management and General

&~:&~rnm'l:m 115,566 172,146 92,881 380,593 361,326 Premises and Related Expenses

~~:&-JM!:~Wm~;m 47,840 73,532 839 122,211 109,029 Student and General Education Services

;ttfi!!¥lSlIJ 2,755 45,109 127 47,991 55,865 Other Activities

INt 272,855 307,773 94,483 675,111 644,091 Sub-total

, ................................ . ........................... ................................ , ........................... . .......................... 2009~J3t~~5i: 1,529,517 779,652 156,443 2,465,612 2,317,639 Total Expenditure for Year 2009

2008~J3t~~5i: 1,453,598 722,829 141,212 Total Expenditure for Year 2008

Wf~:& :m;fU1!1At5*~~~rnm~J3tm~f*~lttJlJ.PJT5i: f'l'z f#mx~ 127 ,400,OOO)t(2008 : 121,300,OOO)t) , Included in Salaries and Benefits was a total sum of $127.4 million (2008: $121.3 million) representing the University's contributions towards retirement benefits schemes for the respective accounting period.

46

9. 開支(續)EXPENDITURE (Cont'd)

薪酬及福利營運支出 2009 2008 Salaries and Operating 折舊總計總計

Benefits Expenses Depreciation Total Total $'000 $'00。 $'00。 $'000 $'00。

(附註9.1)

(Note 9.1)

大學University


教學及研究 l,101 ,040 412,329 57,306 1,570,675 1,479,635 Instruction and Research

圖書館 47,973 32,240 304 80,517 79,712 Library

中央電腦設備 62,339 21 ,533 3,402 87,274 67,973 Central Computing Facilities

其他教學服務 45 ,310 5,777 948 52,035 46,228 Oth巴r Academic Services

小吉十 1,256,662 471 ,879 61 ,960 1,790,501 1,673,548 Sub-total

校務支援

Ins“tutional Support

管理及一般事務 106,694 16,986 636 124,316 117,871 Management and G巴neral

校舍及有關費用 115,566 172,146 92,881 380,593 361 ,326 Premis巴s and Related Expens巴S

學生及一般教育服務 47 ,840 73,532 839 122,211 109,029 Student and Gen巳ral Education Services

其他活動 2,755 45 ,109 127 47,991 55 ,865 Other Activities

小言十 272,855 307,773 94,483 675,111 644,091 Sub“ total

2009年度糖、開支 1,529,517 779,652 156,443 2,465 ,612 2,317,639 Total Expenditure for Year 2009

2008年度總開支 1,453 ,598 722,829 141,212 Total Expenditure for Year 2008

薪金及福利包括大學於有關年度為退休金計劃所支付之供款共127，400，∞0元(2008 : 121 ，300，0∞元)。lncluded in Salaries and Benefits was a total sum of $127.4 mi1lion (2008: $121.3 mi1lion) representing the University's contributions towards retirement benefits schemes for the respective accounting period.

46

9.1 if~5Zili:5tfJT ANALYSIS OF OPERATING EXPENSES

2009 2008 $'000 $'000

**~ Consolidated ~~:&if~ Learning and Research

-~M0~/~~:&f~Wm/~. 340,721 309,779 General Office / Teaching and Research Expenses / Equipment

if~§::WJ~~ 161,527 153,851 Postgraduate Studentships

liW8iHIHi:&:MfU 29,486 27,083 Library Books and Periodicals

531,734 490,713

~:OO:&-JN:$J9J Management and General

-~M0~Wm/~. 17,543 15,630 General Office Expenses / Equipment

-~i*~~ 849 1,795 General Insurance

1.t:T$Wm 747 1,098 Legal Fee

~1f(~ffiJiil 610 565 Auditor's Remuneration

MJ9JWm 282 2,475 Financial Charges

20,031 21,563

47

9.1 營運支出分析ANALYSIS OF OPERATING EXPENSES

2009 2008

$'00。 $'00。綜合

Consolidated 學街及研究

Learning and Research

一般辦公室/教學及科研費用/設備 340,721 I 309,779 General Office / Teaching and Research Expenses / Equipment

研究生助學金 161 ,527 I 153,851 Postgraduate Studentships

圖書輯書籍及期刊 29,486 I 27,083 Library Books and Periodicals

531 ,734 490,713

管理及一般事務


一般辦公室費用/設備 17,543 I 15,630 General Office Expenses / Equipment

一般保臉 1,795 General Insurance

法律費用 1,098 Legal Fee

核數師酬金 610 I 565 Auditor's Remuneration

財務費用 2 ,475 Financial Charges

20,031 21 ,563

47

9.1 fi3l3Z:ili:frfJT(M) ANALYSIS OF OPERATING EXPENSES (Cont'd)

2009 2008 $'000 $'000

R*~ Consolidated

~~:&flllM.ffl Premises and Related Expenses

0~$~ , m~:&{5It~;:sz1±l 68,088 65,679 Utilities, Cleaning and Security Services Expenses

*l~:&f*. / IJ\m!I.:fj 65,097 49,797 Repair and Maintenance / Minor Works

~M:&:ttMI1 27,457 26,675 Rates and Government Rent

~~M0~.ffl/~ffIl 10,289 15,686 General Office Expenses / Equipment

~~{5i!:~ 1,215 1,233 Property Insurance

172,146 159,070

~~~JN:~WB~~ Student and General Education Services

~~~:&WJ~~ 36,646 33,347 Scholarships and Bursary

m~ 22,302 18,148 Residence Halls

~§:.m!IVJ 8,950 8,071 Student Activities

~JN:M0¥:.ffl/~. 3,090 2,142 General Office Expenses / Equipment

~§:. U~:&3ff4f*{9! 2,544 2,468 Medical and Dental Care for Students

73,532 64,176

~f&m!IVJ 33,109 33,161 Other Activities

830,552 768,683

48

9.1 營運支出分析(續)ANALYSIS OF OPERATING EXPENSES (Cont'd)

2009 2008

$'00。 $'00。

綜合

Consolidated



公共事業、清潔及保安支出 68 ,088 1 65 ,679 Utilities, Cleaning and Security Services Expenses

維修及保養/小型工程 65,097 1 49 ,797 Repair and Maintenance / Minor W orks

差齣及地租 27,457 1 26,675 Rates and Government Rent

一般辦公室費用/設備 10,289 1 15,686 General Office Expenses / Equipment

物業保險 1,215 1 1,233 Property Insurance

172,146 159,070



獎學金及助學金 36,646 1 33 ,347 Scholarships and Bursary

宿舍

22,302 1 18,148 Residence HaUs

學生活動 8,950 1 8,071 Student Activities

一般辦公室費用/設備 3,090 1 2,142 General Office Expenses / Equipment

學生醫療及牙科保健 L二，468Medical and Dental Care for Students

73,532 64,176

其他活動 33,109 33,161 Other Activities

830,552 768,683

48

9.1 ~W~ l:IHtfJf(~'l) ANALYSIS OF OPERATING EXPENSES (Cont'd)

2009 2008 $'000 $'000

*!J! University

!J!m&$fge Learning and Research

-nM0~/~!J!&~~wm/~~ 280,866 251,303 General Office / Teaching and Research Expenses / Equipment

~J'G1=:jlJJ!J!~ 161,527 153,851 Postgraduate Studentships

Ii if mrifflf&WHO 29,486 27,083 Library Books and Periodicals

471,879 432,237

fim&~JN$5 Management and General

-nM0~Wm/~~ 14,945 10,935 General Office Expenses / Equipment

-ni*~~ 807 1,749 General Insurance

tMftWm 571 954 Legal Fee

~~RililliH~ 381 347 Auditor's Remuneration

JtH9jWm 282 200 Financial Charges

16,986 14,185

49

9.1 管道支出分析(續)

ANALYSIS OF OPERATING EXPENSES (Cont'd)

2009 2008

$'00。 $'00。

大學University


一般辦公室/教學及科研費用/設備 280,866 I 251 ,303 General Office / Teaching and Research Expenses / Equipment

研究生助學金 161 ,527 I 153,851 Postgraduate Studentships

圖書館書籍及期刊 29,486 I 27,083 Library Books and Periodicals

471 ,879 432,237

管理及一般哥華溝


一般辦公室費用/設備 14,945 I 10,935 General Office Expenses / Equipment

一般保險 1,749 GeneralInsurance

法律費用 571 I 954 Legal Fee

核數師酬金 381 I 347 Auditor's Remuneration

財務費用 282 I 200 Financial Charges

16,986 14,185

49

9.1 m~:Jt flHt;fJf (Ii) ANALYSIS OF OPERATING EXPENSES (Cont'd)

2009 2008 $'000 $'000

*!J! University

t'C<£=&fflMlltm Premises and Related Expenses

0:;!:t;JjJ~, rRmm.f*~::ltm 68,088 65,679 Utilities, Cleaning and Security Services Expenses

t.dH~&f*. / 'NWI;fi 65,097 49,797 Repair and Maintenance / Minor Works

~ft(rU&ffiHII. 27,457 26,675 Rates and Government Rent

-RltMiHiFitm / ~fftj 10,289 15,686 General Office Expenses / Equipment

!JW~f*~ft 1,215 1,233 Property Insurance

172,146 159,070

!J!~& -IN:fl1fJlliBJ Student and General Education Services

~!J!~&JJJJ!J!~ 36,646 33,347 Scholarships and Bursary

m<£= 22,302 18,148 Residence Halls

!J!~m!IiJJ 8,950 8,071 Student Activities

-RltM01%Jtm/~fftj 3,090 2,142 General Office Expenses / Equipment

!J!~ B~E(7ff4f*fm 2,544 2,468 Medical and Dental Care for Students

73,532 64,176

;ltfl!! m!li1J (ilffilt) 45,109 53,161 Other Activities (Note)

779,652 722,829

/f111t : Note:

!ff200g£Flftii$!fIIft;1Jf1!!If!f/fI1/J'11.1.i't]Jf1!f{11ft;1Jf~i/iJfJfftJ2,OOo,OOOJC(2008: 2O,OOO,OOOJC) 0

The amount included an allowance for amounts due from subsidiaries of $12 million in year 2009 (2008 : $20 million).

50

9.1 營運支出分析(續)ANALYSIS OF OPERATING EXPENSES (Cont'd)



公共事業、清潔及保安支出

Utilities, Cleaning and Security Services Expenses

維修及保養/小型工程

Repair and Maintenance / Minor W orks

差制及地租

Rates and Government Rent

→般辦公室費用/設備

General Office Expenses / Equipment

物業保險

Property Insurance

學生及一般教宵服葫


獎學金及助學金

Scholarships and Bursary

宿舍

Residence Hal1s

學生活動

Student Activities

一般辦公室費用/設備

General Office Expenses / Equipment

學生醫療及牙科保健

Medical and Dental Care for Students

其他活動(附誼)

Other Activities (Note)

冊封 J

Note:

2009 2008

$'00。 $'00。

大學University

68,088 I 65,679

65,097 I 49,797

27,457 I 26,675

10,289 I 15,686

1,215 I 1,233

172,146 159,070

36,646 I 33,347

22,302 1 18,148

8,950 1 8,071

3,090 I 2,142

L二，46873,532 64,176

45,109 53,161

779,652 722,829

!ff2009.fF，度豆芽會放';1Jf1!!1J1iJ財產事'1.'毋庸你放';1Jf~嚴重吉丹12， 000， 001胡ρ'008:20, 000,000iC) 0

The amount included an allowance for amounts due from subsidiaries of $12 million in year 2009 (2008 : $20 million),

50

9.2 JWbJ&}..j!{I REMUNERATION OF HIGHER PAID STAFF

Number of Employees 2009 2008

**~:&*~ Consolidated and University

4ir~{@ Annual Equivalent Remuneration

HK$ 1,800,001 - 1,950,000 54 36

HK$ 1,950,001 - 2,100,000 22 22

HK$ 2,100,001 - 2,250,000 13 7

HK$ 2,250,001 - 2,400,000 7 14 HK$ 2,400,001 - 2,550,000 8 5

HK$ 2,550,001 - 2,700,000 2 5

HK$ 2,700,001 - 2,850,000 3 3

HK$ 2,850,001 - 3,000,000 2 1

HK$ 3,000,001 - 3,150,000 1 0

HK$ 5,400,001 - 5,550,000 0 1

HK$ 5,850,001 - 6,000,000 1 0

!/tf¥1!l!t§!/tift ' £JiIIf!-flflift / fBf;tiftlff/l!lfJtffJ: ' fJJ/ffff&Jtftf1I$J!J ° 1!!f;fc!jJ!JlfJtl!Jtf!t1f ' ;Jf;fJJ/fffftlfff/J;<iJ! 1f#J#JJf€flilJffJJffZffli;Jf;l!Jtf!tzjJf!/!l!iJ!lf#JfJilf!fo Remuneration includes salary, contribution to gratuity / retirement schemes, housing and other benefits. For staff who are provided with quarters, their housing benefits are calculated by reference to the rateable values assessed by the Rating and Valuation Department.

51

高收入員工

REMUNERATION OF HIGHER PAID STAFF 9.2

Number of Employees 2009 2008

綜合及大學

Consolidated and University 年薪等個Annual Equivalent Remuneration

36 22

司34IAU'IAU

頭于黨'Í!l!i!fJ!t:i舍、紡車穿1-!Ift互合/還狀主含5于動拼毅、房屋'&J=!:ft當捐獻 o 被丈毒害晶宮鮮街苦苦，耳房屋是軍河以，主

敢要步提街賣聲罪活:Jf.:!iNf?tZJ)，會謀差綁起背算 o

Remuneration includes salary, contribution 的 gratuity / retirement schemes, housing and other benφits. For staff who are provided with q闊的肘" their housing benefits are calculated by rφrence 的 the rateable values assessed by the Rating and Valuation Department.

51

司JAH-ZJZJ

4Ei

4237.8232101 ζJ7

缸，I

1,950,000 2,100,000

2，250 ，00。2,400,000 2,550,000 2,700,000 2,850,000 3,000,000 3,150,000 5,550,000 6,000,000

1,800,001 1,950,001 2,100,001 2,250,001 2,400,001 2,550,001 2,700,001 2,850,001 3,000,001 5,400,001 5,850,001

HK$ HK$

HK$

HK$

HK$

HK$

HK$ HK$

HK$

HK$

HK$

10. **~?ttfBJ&3Z:¥~~ CONSOLIDATED INCOME AND EXPENDITURE BY SEGMENT

J&.i\ Income

i&mj{l!t1.&*~X Government Subventions and Grants

~.'ll!I!f!j1.&;l'tftl!J&. Tuition, Programmes and Other Fees

fJj,~,.&:t)l:j{J&.i\

Interest and Investment Income

~H'f.m~ Donations and Benefactions

1!iIll!t1H1~J9§.&;l'tftl!J&.i\ Auxiliary Services and Other Income

"jif~Hlli:fllifnjHjl1f Transfers from Capital Reserves

fl,'~.ffl@]J& / :5tl'lllr,,'k':J&.i\ Overhead Recovery / Inter-segment Income

/m3t Expenditure

JiTfti Salaries

;l'tftl!tfW3t1±! Other Operating expenses

:tJT~ Depreciation

fl,'~.ffl@]J& / :5tl'llllll.!k':lm3t Overhead Recovery I Inter-segment Expenditure

~1i:ttm<*5M11) I Hl~ (Deficit) I Surplus from operation for the year

PfT1.'i;t!<Il1J~IfjU@1ilifa<J*!litf_ Share of Result of a Jointly Controlled Entity

pfT1.'i~tf0i'1Ja<J*!litf~. Share of Result of an Associate

~1i:<*5M11) I Mltii (Deficit) I Surplus for the year

flfffft : Note:

fXJi1t!Wf. tI~~JlIJm

!lib UGCBlock

Grant -funded

Activities $'000

1,245,287

322,202

44,174

o

21,218

49,146

15,387

1,267,697

430,610

56,061

3,072

(60,026)

o

o

(60,026)


Activities $'000

26,766

1,247

55,438

67,467

6,973

41,746

1,316

21,253

49,126

46,885

1,020

82,669

o

o

82,669

;l'tft!!~F!Wf*tI~ Other Non-Block Grant

t;'fl't:l!fi~fX ~m!llb CPEP

Activities $'000

177

269,065

144

o

7,096

o

2,361

72,156

103,913

732

46,655

55,387

o

o

55,387

:wrn:m!llb Research Activities

$'000

142,779

o

458

o

78,767

11,200

o

76,200

127,437

11,219

18,348

o

o

o

o

2009

Other Activities

$'000

106,243

o

24,101

o

128,753

32,590

54,819

129,155

119,466

45,441

4,788

47,656

(150)

4,085

51,591

k18mTotal $'000

1,521,252

592,514

124,315

67,467

242,807

134,682

73,883

1,566,461

830,552

160,338

73,883

125,686

(150)

4,085

129,621

~H$Ill1Z.3C~ Inter-segment Transaction Elimination

$'000

o

o

o

o

o

o

(73,883)

o

o

o

(73,883)

o

o

o

o

#Xji'iffiJ§¥!J!1ff:ji'JJlJM!!!J;z1f!fJ!l#1iliiiff"~#Xji'iffiJ§¥!J!1ff:tlI#!1 ' IIrJ!lit1f/ll!M!!!JJl!/"~.iJ!lit#Xji'iff!iCJY!J!1ff:tlI#!1 ' flifJt;(tfJIiiJfiiff"~;ttfI!ItlI#!I'

~k18mNet Total

$'000

1,521,252

592,514

124,315

67,467

242,807

134,682

o

1,566,461

830,552

160,338

o

125,686

(150)

4,085

129,621

fXJi1t!Wf. tI~~WJm

!lib UGCBlock

Grantfunded

Activities $'000

1,231,621

308,949

35,677

o

16,386

43,949

20,370

1,189,291

384,761

43,637

3,384

35,879

o

o

35,879


Activities $'000

108,461

942

55,135

204,169

1,692

43,236

136

18,905

62,529

47,740

219

284,378

o

o

284,378

;l'tft!!~F!Wf*tI~ Other Non-Block Grant

fi'jl't:l!fi~fX ~m!llb CPEP

Activities $'000

186

286,556

630

o

6,203

o

3,530

67,903

96,625

1,343

50,631

80,603

o

o

80,603

:wrn:m!llb Research Activities

$'000

134,651

o

641

o

62,238

8,161

o

73,885

113,186

7,864

10,756

o

o

o

o

Operating result of UGC Block Grant-funded Activities was transferred to UGC Block Grant Reserves; that of Fund Raising Related Activities to Donations and UGC Matching Grants Reserves,' and the remaining items to Other Reserves.

52

2008

Other Activities

$'000

122,881

o

26,465

o

126,242

32,268

50,146

138,013

111,582

43,899

9,192

55,316

(1,124)

3,142

57,334

k18m-Total $'000

1,597,800

596,447

118,548

204,169

212,761

127,614

74,182

1,487,997

768,683

144,483

74,182

456,176

(1,124)

3,142

458,194

:5t$Ill1k':3C~ Inter-segment Transaction Elimination

$'000

o

o

o

o

o

o

(74,182)

o

o

o

(74,182)

o

o

o

o

~k18mNet Total

$'000

1,597,800

596,447

118,548

204,169

212,761

127,614

o

1,487,997

768,683

144,483

o

456,176

(1,124)

3,142

458,194

10. 綜合分部收支報表

CONSOLIDATED INCOME AND EXPENDITURE BY SEGMENT

收入Income

其他非聾皇宮撥款

Other Non-Block Grant

2009

教賣會控告發

摟款贊助清動

UGC Block Grant -funded

Activities

$'00。

政府資助及撥款 1,245,287 Government Subventions and Grants

學費、課程及其他收費 322,202 τ'uition， Programmes and Other Fees

利息及投資收入 | 科札州叫，17η7Interest and Inves仗tmen則It Income

外界捐款 o Donations and Benefactions

輔助服務及其他收入 21 ,218 Auxiliary Services and Other Income

轉I發自設備儲備 49,146 Transfers from Capital Reserves

間接費用回收/分部間之收入 15,387 Overhead Recovery I Inter-segment Income

閑文Expenditure

薪金

Salaries

其他營運支出Other Opera世ng expenses

折舊

Depreciation

間接費用回收/分部閑之開支

Overhead Recovery I Inter-segment Expenditure

鑄募及有關

活動


Activities

$'00。

26,766

1,247

55,438

67,467

6,973

41 ,746

1,316

持緻進修教育活動

CPEP Activities

$'000

177

269,065

144

7,096

2,361

科研活勘其他活動

Research Other 總計

Activities Activities Total $'000 $'000 $'00。

142,779 106,243 1,521 ,252

分部間之交易

Inter-segment Transaction Elimination

$'000

淨總計

NetTotal

$'00。

21,253

49,126

46,885

1,020

72,156

103,913

732

46,655

。。 592,514

o 1,521 ,252

o 592,514

。 124，315

o 67,467

。 242，807

o 134,682

(73 ，883) 。

叫叫叫....)，l?2.?.~1.引14ιι.. 川山.. 叫.“………..川川……... 叫….. 叫叫..叫....，叩9仿1♂2扭2說3叫.州馴 ……….....~7.M.品杰:4信吧3叫………...叫……...川…...叫.....卦.

458 24,101 124,315

1,267,697

430,610

56,061

3,072

O 67,467

。 1,566,461

。。

O 830,552

78,767 242,807

O 160,338

128,753

O 11 ,200 134,682

。3，883)

......!.~7..??.~1.1.9..... ...........U.??~~1..... ..........~~21.1.?.~... ..........~221.?1煦哼I.~&?.Q... .....~1.~}.!.!~.~.1.... 叫……….. 叫川.. 叫..叫………...叫位21.照E紹83扯J.. ..叫……...~?~謊E訂?1.?.詰5互烈‘:1

本年度營運(喵虧純) I盈餘 “60趴ω，ρ0位26白 8凹2，66ωθ 5鈞5，387 0 47,656 125,686 0 12筠5，68師6 0扭】e咄且 cit) I Surplus from 0呻'pe叮rationfì必ÌJrthe year

32,590

。 54,819 73,883

所佔共同控制個體的經營業績 o 0 0 0 (150) (150) 0 (150) Share of Result of a J ointly Controlled Entity

所佔聯營公司的經營業績 o 0 0 0 枷 4,085 0 仙5

Share of Result of an Associate

76,200 129,155 1,566,461

本年度(虧制r)I盈餘 (60,026) 駝，6的鈣，387 0 51 ,591 129,621 0 129,621 (Deficit) I Surplus for the year

127,437 119,466 830,552

/ffffft : Note:

11 ,219 45,441 160,338

2008

教食會整量表

撥款贊助清動


Activities

$'00。

1,231 ,621

308,949

35,677

16,386

43 ,949

20,370

其他非整筆撥款


鑄募及有關

活動


Activities

$'00。

108,461

55,135

。 204,169

持緻進修教育活動

CPEP Activities

$'00。

計制岫一

總

hM圳一

動r岫}一

蝸恥…附叫叫一

期OM$一

動也岫}一

活間州州

mmmwdv一

串FRA

一

1,692

43,236

18,905

62,529

47,740

186 134,651 122,881 1,597,800

18,348 4,788 73,883

942 286,556 。 596,447 。

630 26,465 118,548 641

。。 204,169 。

6,203 126,242 212,761 62,238

。 8,161 32,268 127,614

136 3,530 74,182 50,146 。

1,656,952 413 ,771 297,105 205,691 358 ,002 2,931 ,521

1,189,291

384,761

43,637

O 3,384

67,903 73,885 138,013 1,487,997

96,625 113,186 111 ,582 768,683

分郁悶之交易


$'000

淨總計

Net Total $'000

1,343 7,864 43,899 144,483

219 50,631 10,756 9,192 74,182

o 1,597,800

o 596,447

。 118，548

o 204,169

o 212,761

o 127,614

(74， 182) 。

.......""佇I哇!.L??.2.. 2,857,339

投資至于望著灣投資跋涉'!!!J，乏管是習好處#巨舍得至投資2至亨'$/3穿新紛紛，是會主事反存展rJifIfl!lJJl!A縛互尊寡反B'Nff!ièJfi灣投互幫竅， flifJt;ft皆是íVfi~揮主f;J亨通貨居首紋。

Operating result of UGC Block Grant濟ndedActivities was tran社rred to UGC Block Grant Reserves; that of Fund Raising Related Activities to Donations and UGC Matching Grants Reserves,' and the remaining items 的 Other Reserves.

52

O 1,487,997

O 768,683

O 144,483

(74,182) 。

……I

35,879 284,378 80,603 0 55,316 456,176 0 456,176

o 0 0 0 (1 ,124) (1 ,124) 0 (1 ,124)

o 0 0 0 3,142 3,142 0 3,142

35,879 284,378 80,603 0 57,334 458,194 0 458,194

10. *~?t~B!&:5l¥~~ UNIVERSITY INCOME AND EXPENDITURE BY SEGMENT

J&A Income

i&JI1jiJ!b:&.m~ Government Subventions and Grants

~Jf ' lilI!fli1:&;!t,/tM51:Jf Tuition, Programmes and Other Fees

'f1J,~ljtt~jiJ&A Interest and Investment Income

jj-w-m~ Donations and Benefactions

.J!bn~~:&;!tff!!,i&A Auxiliary Services and Other Income

"mElID't.rm~rm Transfers from Capital Reserves

!lll~JfJtl@]J& I :5Tmm,'ZJ&A Overhead Recovery I Inter-segment Income

Mll Expenditure

wr~ Salaries

;!tff!!,ti'lIl£l±l Other Operating expenses

:fJTK Depreciation

!lll~Jfm@]J& I :5Tl'lBrJlzmJl£ Overhead Recovery I Inter-segment Expenditure

~lt<l5Ra1) I :MiM (Deficit) I Surplus for the year

IXHm* fI~.JlfJm

!lib UGCBlock

Grant -funded

Activities $'000

1,245,287

322,202

44,174

o

22,220

49,146

14,385

1,267,697

430,610

56,061

3,072

(60,026)


Activities $'000

26,766

1,247

55,371

67,467

5,843

41,746

131

14,390

56,931

43,787

1,020

82,443

;ltf&illlm*flii.I: Other Non-Block Grant

~lum~1X ffm!llb CPEP

Activities $'000

o

248,157

o

o

6,760

o

2,361

61,921

88,292

187

46,325

60,553

fWFm!llb Research Activities

$'000

141,527

o

458

o

10,919

11,200

o

59,471

85,945

11,183

7,505

o

2009

;ltf&m!llb Other

Activities $'000

106,243

o

25,973

o

132,441

32,590

45,006

126,038

117,874

45,225

3,961

49,155

.flo Total $'000

1,519,823

571,606

125,976

67,467

178,183

134,682

61,883

1,529,517

779,652

156,443

61,883

132,125

:5Tf$IIlIZ3{~ Inter-segment Transaction Elimfuation

$'000

o

o

o

o

o

o

(61,883)

o

o

o

(61,883)

(61,883) ................... '1' ................. ..

o

53

~*,flo Net Total

$'000

1,519,823

571,606

125,976

67,467

178,183

134,682

o

1,529,517

779,652

156,443

o

..... ~!.1.§?~.?!.~ ...

132,125

IXftm. fI~Jill!1m

!lib UGCBlock

Grantfunded

Activities $'000

1,231,621

308,949

35,677

o

17,586

43,949

19,170


Activities $'000

108,461

942

55,044

204,169

1,008

43,236

128

;ltf&illlm.fI~ Other Non-Block Grant

~1I~~fX ffm!IIIJ CPEP

Activities $'000

o

253,969

o

o

5,681

o

3,526

WlVfm!IIIJ Research Activities

$'000

134,651

o

641

o

1,462

8,161

o

2008

Other Activities

$'000

122,881

o

27,531

o

129,325

32,268

40,777

.flo Total $'000

1,597,614

563,860

118,893

204,169

155,062

127,614

63,601

:5Tf$IlllZ3t~ Inter-segment Transaction Elimination

$'000

o

o

o

o

o

o

(63,601)

~.flo Net Total

$'000

1,597,614

563,860

118,893

204,169

155,062

127,614

o

.... ..!~.§?§~.??..~... . ......... 1.!.~~2.~.~.... .. ....... ~.~.~.!.!!..~.... .. ......... !1.1.!~.~.?.... .. ........ 2g!.~~.... .. ... ~.!~29.!.~n... .. ............... .J.?~.!.~g.n ...... ~!!.§.?.!~.!~ .. ..

1,189,291 14,390 55,695 58,937 135,285 1,453,598 o 1,453,598

384,761 74,737 80,137 76,439 106,755 722,829 o 722,829

43,637 45,614 229 7,864 43,868 141,212 o 141,212

3,384 219 50,331 1,675 7,992 63,601 (63,601) o

...... ~.~.§~!.~g.?.~.... .. ...... )}.1.~.?.~g... .. ...... ).~.~.!22.?.... .. ......... !.~.1.!~.!?.... .. ........ ~2.?!.~9.9..... ...3.!2~.~.~.~1.9.... .. ............... .J.?~A2D.. . .... ~!.?!.?.A22 .. ..

35,879 278,028 76,784 o 58,882 449,573 o 449,573

10. 大學分部收支報表UNIVERSITY INCOME AND EXPENDITURE BY SEGMENT

收入Income

其他非盤筆擻款


2009

教賣會監學

撥款資肋插動

UGCBlock Grant -funded

Activities

$'00。

政府資助及撥款 1,245,287 Govemment Subventions and Grants

學費、課程及其他收費 322,202 Tuition, Programmes and Other Fees

利息及投資收入 44,174 Interest and Investment Income

外界捐款 o Donations and Benefactions

輔助服務及其他收入 l 泣，220Auxiliary Services 缸ld Other Income

轉撥自設備儲備 | 紗，146

Transfers 企om Capital Reserves

間接費用回收/分部間之收入

Overhead Recovery 1 Inter -segment Income

開支Expenditure

薪金

Sal訂ies

其他營運支出

Other Operating expenses

折舊

Depreciation

間接費用回收/分部間之開支

Overhead Recovery 1 Inter-segment Expenditure

本年度(虧組)1盈餘(Deficit) 1 S叮plus for the year

14,385

籌寡及有關

活動


Activities

$'00。

26,766

1,247

55,371

67,467

5,843

41,746

持續進修教育活動

CPEP Activities

$'00。

248,157

6,760

131 2,361

計叫岫一

總

h帆一

動r岫1

一

瞄伽…mm叫一

淵。“$一

酌，恤岫}一

階叫~刷刷一

凹的

de

一

倉-RA

一

。 141 ,527 106,243 1,519,823

。 571 ,606

分部聞之交易

Inter-segment Transaction Elimmation

$'000

(61 ,883)

淨總計

Net Total

$'00。

。 1,519,823

14,390

56,931

43,787

1,020

82,443

61 ,921

88,292

46,325

60,553

O

。 458 25,973 125,976

O 67 ,467

(61 ,883)

。 571 ,606

。。

178,183

134,682

61 ,883

。 125,976

10,919 132,441

1,529,517

779,652

156,443

61 ,883

132,125

。 67,467

。 32,590

。 178,183

11 ,200

。 45,006

。 134,682

可古話14 一可頁頁「一方有古?一可否忘了一寸在音7 可否蒜20 一一百五3)τ芳芳7

1,267,697

430,610

56,061

3,072

59,471 126,038 。 1,529,517

85,945 117,874 。 779,652

187 11,183 45,225 。 156,443

7,505 3,961

(60,026)

1花布:土耳在烹:土耳蒜玄土罵罵烹孺玄三頭布: 經.~?幣~)，烹否百玄

。 132， 125。 49,155

53

2008

教賣會盤筆

攪款資助清動


Activities

$'00。

1,231,621

308,949

35,677

17,586

43,949

。 19,170

其他非盤筆撥款Other Non-Block Grant

當募及有關

活動


Activities

$'00。

108,461

55,044

。 204,169

持續進修教育活動

CPEP Acti吋ties

$'00。

942 253,969

科研活動

Research Activities

$'00。

。 134,651

其他活動

Other 總計

Activities Total

$'000 $'00。

122,881

。

641 27,531

1,597,614

。 563,860

分部間之交~


$'00。

(63,601)

淨總計

NetTotal

$'00。

。 1,597,614

1,008

43,236

5,681

128 3,526

。

。

1,462

。 8,161

。

129,325

32,268

。 40,777

118,893

。 204,169

。 563 ,860

155,062

127,614

63,601

O 118,893

。 204,169

。 155,062

。 127,614

。

....!?~~~???..~... 4話?2.~.~.... .........~.~.~.?日

1,189,291

384,761

43,637

。 3,384

14,390

74,737

45,614

55,695

80,137

219 50,331

58,937

76,439

229 7,864

135,285

106,755

43,868

7,992

1,453,598

722,829

141 ,212

63,601 (63,601)

。 1,453,598

1,675

。 722,829

。 141,212

。

35,879

......!?:悍~.?g.?~.... 扭??.~g...

449,573 278,028 76,784 。 58,882 449,573 。

11.!Jo/.J~:&mt-u; PROPERTY AND EQUIPMENT

!iX* COST

2007~7 f§ 1 B iZ..¥a~ Balance as at 1 July 2007

~1lI Additions

1l!~:£tIi Exchange translation difference

i±li!f/lfl~ Disposals I Written Off

2008:¥6f§ 30 B zfi'iAA Balance as at 30 June 2008

~1lI Additions

"Ii Transfers

i±li!f/lfl~ Disposals I Written Off

2009:¥6 f§ 30 B iZ..¥aAA Balance as at 30 June 2009

g DEPRECIATION

2007:¥m 1 B iZ..¥aAA Balance as at 1 July 2007

*:¥1!tlit~ztfTjf Provided for the year


i±li!f/lfl~ Disposals / Written Off

2008:¥6 f§ 30 B iZ..¥aAA Balance as at 30 June 2008

*:¥1!tlit~ztfT1f Provided for the year


i±I i!f I lfl&fi Disposals / Written Off

2009:¥6f§ 30 B iZ..¥a~ Balance as at 30 June 2009

mlliiH CARRYING VALUES

2009:¥6f§30B iZ..¥aAA Balance as at 30 June 2009

2008:¥6f§ 30 B zfi'i~ Balance as at 30 June 2008

~ Buildings

$'000

4,397,939

4,460

0

0

4,402,399

9,822

87,577

0

4,499,798

1,207,797

88,137

.0

0

1,295,934

88,637

0

0

1,384,571

3,115,227

3,106,465

~ ~JIt&ll!!:&i Construction Fixtures and in progress equipment

$'000 $'000

~~ Consolidated

3,940 1,618,422

42,868 71,579

0 741

0 (41,427)

46,808 1,649,315

103,638 119,742

(87,577) 0

0 (35,677)

62,869 1,733,380

0 1,535,040

0 56,346

0 209

0 (40,762)

0 1,550,833

0 71,701

0 17

0 (35,406)

0 1,587,145

62,869 146,235

46,808 98,482

*~g[g1J~;i§j~Jf3600tJ!z±JI!l ' Iirlif7!!lil&J(fJ1(:gtM!l~:Jtti±l ' ~W158:¥ ' ¥2047~6f§30BJl:·

~1fr Total $'000

6,020,301

118,907

741

(41,427)

6,098,522

233,202

0

(35,677)

6,296,047

2,742,837

144,483

209

(40,762)

2,846,767

160,338

17

(35,406)

2,971,716

3,324,331

3,251,755

The University campus located in Sai Kung of approximately 60 hectares was granted by the Hong Kong Government at a nominal rent for 58 years through 30 June 2047.

mwJlmil&J&J1(:g~lm~:JttT~IJ!1l;!tI=j:1-IlllIlf,tJl01'lJ[7!!lf3j.*liJf~~M(l*:l}JD'i'§~01'lJl-1iJ!j\7,4842f':1J*±JI!li'F~1li9lilf~liJfi!iliJl!lzffl • A piece of land situated at Shenzhen of approximately 7,484 square meters was granted at a nominal amount to HKUST R&D Corporation (Shenzhen) Limited, a subsidiary of the Group, by the Shenzhen Municipal Government for the construction of an Industry-EducationResearch base.

PJJ:z:1o/J~it&~fflIP1I §J1(@:~Y*{&IWrf~U:¥l¥llit~tfTlf ; The above items of property and equipment are depreciated on straight-line basis at the following rates per annum:

tI¥ m:¥2% Buildings 2% per annum

i*JIt&~&i m~20%-25% Fixtures and equipment 20% - 25% per annum

54

11. 物業及設備

PROPERTY AND EQUIPMENT

成本COST

2007年7月 1日之結餘Balance as at 1 July 2007

添置

Additions

匯兌差額

Exchange translation difference

出售/撤銷

Disposals / WriUen Off

2∞8年6月30日之結餘Balance as at 30 June 2008

添霞

Additions

轉i發Transfers

出售/撤銷


2∞9年6月30臼之結餘Balance as at 30 June 2009

折舊

DEPRECIATION

泊的年7月 1日之結餘


本年度計算之折舊Provided for the year

匯兌差額


出售/撤銷


泌的年6月30日之結餘

Balance as at 30 J une 2008

本年度計算之折舊

Provided for the year

匯兌差額


出售/撤銷


2009年6月 30日之結餘Balance as at 30 June 2009

般閩淨值

CARRYING VALUES

2009年6月 30日之結餘

Balance as at 30 June 2∞9

2∞8年6月 30日之結餘Balance as at 30 June 2008

種字Buildings

$'00。

4,397,939

4,460

。

O

4,402,399

9 ,822

87,577

。

4,499,798

1,207,797

88,137

。

。

1,295,934

88 ,637

。

O

1,384,571

3,115,227

3,106,465

在建工程傢具及設備

Construction Fixtures and mprogress equipment

$'00。 $'00。綜合

Consolidated

3,940 1,618 ,422

42,868 71 ,579

O 741

。 (41 ,427)

46,808 1,649,315

103,638 119,742

(87,577) 。

。 (35,677)

62,869 1,733 ,380

。 1,535 ,040

。 56,346

。 209

。 (40,762)

。 1,550,833

。 71 ,701

。 17

。 (35,406)

。 1,587,145

62,869 146,235

46,808 98 ,482

大學座落於西貢約ω公頃之土地，自香港政府按名義租金批出，為期58年，至2047年6月 30日止。

總晉f

Total

$'00。

6,020,301

118,907

741

(41 ,427)

6,098,522

233 ,202

。

(35 ,677)

6,296,047

2,742,837

144,483

209

(40,762)

2,846,767

160,338

17

(35,406)

2,971 ,716

3,324,331

3,251 ,755


深圳市政府按名義租金批予集圓其中一間附屬公司[港科大研究開發(深句ID有限公司]一幅7，484平方米土地作為興建產學研墓地之用。

A piece of land situated at Shenzhen of approximately 7 ,484 square meters was granted at a nominal amount to HKUST R&D Corporation (Shenzhen) Limited, a subsidiary of the Group, by the Shenzhen Municipal Government for the construction of an Industry-EducationResearch base.

以上之物業及設備項目按直線法依照下列年率計算折舊:

The above items of property and equipment are depreciated on straight-line basis at the following rates per annum:

樓宇每年2%Buildings 2% per annum

傢兵及設備每年20%-25%

Fixtures and equipment 20% - 25% per annum

54

11. 4o/.J~:&~Wi(.) PROPERTY AND EQUIPMENT (Cont'd)

JW$: COST

2007ij!7)'f 1 El iZ.Miflal Balance as at 1 July 2007

imflf Additions

l±IilUW~ Disposals I Written Off

2008fj06)'f 30 B z>fi!iP* Balance as at 30 June 2008

imflf Additions

ifiifi Transfers

1±Ii1f IW~ Disposals I Written Off

2009fj06)'f 30 B Z>fi!iP* Balance as at 30 June 2009

1mi DEPRECIATION

2007fj07)'f 1 B z>fi!iP* Balance as at 1 July 2007

2js:fjO!3tlit;!ilztfTlf Provided for the year

1±Ii1f I W~~ Disposals I Written Off


2js:fjO!3tlit;!ilztfTN Provided for the year

1±Ii1f IW~ Disposals / Written Off


~OOH CARRYING VALUES



I!"i! Buildings

$'000

4,397,939

4,460

0

4,402,399

9,822

87,577

0

4,499,798

1,207,797

88,137

0

1,295,934

88,637

0

1,384,571

3,115,227

3,106,465

:tEJilI:~ i*~&li!!:«11 Construction Fixtures and in progress equipment

$'000 $'000

*~ University

3,940 1,603,501

40,417 62,014

0 (41,423)

44,357 1,624,092

86,358 117,096

(87,577) 0

0 (35,670)

43,138 1,705,518

0 1,527,487

0 53,075

0 (40,759)

0 1,539,803

0 67,806

0 (35,404)

0 1,572,205

43,138 133,313

44,357 84,289

*~~g~5j'H0600~Jiz±:I!ll ' El3i'fmil&Jf,fn:;g1f.M!l~ml±l ' mWl58fj:: , ~2047fj06mOBJl: 0

~lit Total $'000

6,005,380

106,891

(41,423)

6,070,848

213,276

0

(35,670)

6,248,454

2,735,284

141,212

(40,759)

2,835,737

156,443

(35,404)

2,956,776

3,291,678

3,235,111


r).l::z!fo/J~;&1W:«1I~ §n:TI!lMJl${t(WfHUfjOl¥lit;!iltfTlf : The above items of property and equipment are depreciated on straight-line basis at the following rates per annum:

~¥ Buildings

l*~;&1W:«1I Fixtures and equipment

4lj;fj::2% 2% per annum

4lj;fj::20% -25% 20% - 25% per annum

55

11. 物業及設備(續)

PROPERTY AND EQUIPMENT (Cont'd)

成本COST

2007年7月 1 日之結餘


添贊

Additions

出售/撇銷

Disposals I Written Off

2008年6月 30日之結餘

Balance as at 30 June 2008

添置

Additions

轉f發

Transfers

出售/撤銷


2∞9年6月 30日之結餘Balance 泌的 30 June 2009

折舊

DEPRECIATION

2007年7月 1日之結餘Balance as at 1 July 2007


Provid巴d for the year

出售/撤銷




Provided for the ye訂

出售/撤銷



服固樹遺

CARRYING VALUES



樓宇Buildings

$'000

4,397,939

4,460

。

4,402,399

9,822

87,577

。

4,499,798

1,207,797

88,137

。

1,295,934

88,637

。

1,384,571

3,115,227

3,106,465

在建工程傢具及設備

Construction Fixtures and mprogress equipment

$'000 $'00。

大學University

3,940 1,603,501

40,417 62,014

。 (41 ,423)

44,357 1,624,092

86,358 117,096

(87,577) 。

。 (35,670)

43,138 1,705,518

O 1,527,487

。 53,075

。 (40,759)

。 1,539,803

O 67,806

。 (35,404)

。 1,572,205

43,138 133,313

44,357 84,289

大學座落於西資約60公頃之土地，由香港政府按名義租金批出，為期58年，至2047年6月30臼丘。

總計

Total

$'00。

6,005,380

106,891

(41 ,423)

6,070,848

213,276

。

(35,670)

6 ,248,454

2,735,284

141 ,212

(40,759)

2,835,737

156,443

(35 ,404)

2,956,776

3,291 ,678

3,235,111


以上之物業及設備項目按直線法依照下列年率計算折舊:

The above items of property and equipment 訂e depreciated on straight-line basis at the following rates per annum:

樓宇Buildings

(家具及設備

Fixtures and equipment

每年2%2% perannum

每年20% 自 25%20% - 25% per annum

55

12. M~jfim FINANCIAL ASSETS

2009 2008 $'000 $'000

H*-€J&:k¥ Consolidated and University

~~~¥U;M B M~j'i~ Held-to-Maturity Financial Assets

In-!if.P9¥U;M 158,623 7,568 Maturing within one year

In-!if.f&¥U;M 214,240 161,683 Maturing after one year

372,863 169,251

H*-€J Consolidated

1'iJ1;t!;tI::\~M~j'i~ Available-for-Sale Financial Assets

~~ 1: rtn!;,f~j'i~L0ft1[fi(JlftH1) 872,395 959,802 Unlisted, at fair value (Note 1)

~~ 1: $~;,f~j'i~LnlG:;t(JlftH2) 1,000 1,000 Unlisted, at cost (Note 2)

1:$~;,f~ji~L$1[fi 14,057 18,155 Listed, at market value

887,452 978,957

*¥ University

~~ 1: $M~j'i~L0ft1[fi(JlftH1) 872,395 959,802 Unlisted, at fair value (Note 1)

l:$M~ji~L$1[fi 14,057 18,155 Listed, at market value

886,452 977,957

f!f1it " Notes .'

The unlisted available-for-sale financial assets at fair value were determined by reference to bid prices quoted in active markets or by fund managers.

(2) mfAA:i,' Jfj#J!fizIAl: f/J/JJt;js:ffffjJ 7!Jt!iJ!! E if1!i1t;js:jll/f#,jgfU1ifffllf ' JJJft§~ftJlJl:i':fCU1iz ftiffff/lff/1!1;f;;:;t , jf!1!lI1lfJlJlJi1ft{j~Jt:i\ :ltU1i-FflgWl'tfffllf •

The unlisted available-for-sale financial assets at cost represents investment in an unlisted equity security issued by a private entity. It is measured at cost less impairment at each balance sheet date. The range of reasonable fair value of the asset is quite wide. Management of the Group is of the opinion that its fair value cannot be measured reliably.

56

12. 財務資產

FINANCIAL ASSETS

2009

$'00。2008

$'00。

綜合及大學

Consolidated and University


Held-to-Maturitv Financial Assets

?且

nu 戶LU

Vd c n o n 司3

，n

MHHUE4

•• L

吋叫W

內時

年.m

-au 於M

158,623 7,568

於一年後至5期Maturing after one year

214,240 161 ,683

372,863 169,251

綜合

Consolidated


Available幽for-Sale Financial Assets

非上市財務資產之公允值(附註1)

Unlisted, at fair value (Note 1) 872,395 959,802

非上市財務資產之成本(附註2)

Unlisted, at cost (Note 2)

nu nu nu 4EA

1,000

上市財務資產之市值

Listed, at market value 14,057 18,155

887,452 978,957

大學University

非上市財務資產之公允值(附註1)

Unlisted, at fair value (Note 1) 872,395 959,802

上市財務資產之市值

Listed, at market value 14,057 18,155

977,957 886,452

財產"

Notes .'

(1) i}戶上m可鮮血管財核資產'Z:Ø沈嵐乃參考游磨刀?是fj}Ø!;產盆#l!J!l!!i/J!;.且竇立Ê.

The unlisted available-for-sale financial assets at fair value were determined by referen仰的 bid prices quoted in active mar，仰的 or by fund managers.

(2) fÉ括以么~Jfj授佇立券上刀fJ/JJt;;fs:;居美F乃結算Eif1，丘才有紛紛ißfú1iff.暉，灰E結合，連公'.fèú1iz針訝晶宮E太大，互信E重FJ!l!Ji1，蔚~Jt;公J舍省水措可謂ffj膏。

The unlisted available-for-sale financial assets at cost represents investment in an unlisted equity security issued by a private entiη. It is measured at cost less impairment at each balance sheet date. The range of reasonable fair value of the asset is quite wide. Management of the Group is of the opinion that its fair value cannot be measured reliably.

56

13. ~~Mlft0i§'j;fl~ INTEREST IN AN ASSOCIATE

?pJ:*~jim;zjs:1ii! Unlisted shares, at cost

FJT1r!l1&'H~~;fU ' ftMll&tD~B1&Jl~t~ Share of post acquisition profits and reserves, net of dividend received

FJT1r!l~ji~ Share of net assets

?pJ:*~jim;zjs:1ii! Unlisted shares, at cost

u ~~

h:ffll:fiit ttflfr:l1!!l!i I Proportion of tf~:I1!!1!i Nominal Value of

Form of Business Structure

Place of Incorporation I Issued Capital ~11\t;zjs:!l§UjU

~tf1}a] Principal Place Directly Held by Class of Associate of Operation the University Shares Held

PKU-HKUST Shenzhen-Hong Kong Institution

Limited Liability Company

People's Republic of China

T?t~~um~Wft0 a]~M~ji;fBtflit~ :

33%

Capital Contribution

The summarised financial information in respect of an Associate is set out below:

~ji~ Total assets

~~f1t Total liabilities

ji~~ii! Net assets

~1IIJ!A!\1r!l~Wft1}a]~ji~~ii! Group's share of net assets of the associate

1i~M Turnover

;zjs:if:1t~;fU Profit for the year

~1IIif:pgJ!A!\1r!l~~tf1}a]~. Group's share of results of the associate for the year

57

2009 2008 $'000 $'000

**~ Consolidated

9,430 9,430

40,971 37,805

50,401 47,235

*!J University

9,430 9,430

::t~m!llJJ Principal Activity

~1.Jm-f1tfXrm~1t ' f:!f1f*H 1} a] , fJjHff;;ft:ftglifF~fDfXvrq ~:@.m~~ ,:t:g:W"~~~:@.A ffii&1'l'lI&$:;t 0

To engage in technology commercialization, incubation of start-up companies, provision of other research and technology management services, training of senior management and administrative executives.

2009 2008 $'000 $'000

178,915 167,957

(26,181) (24,822)

152,734 143,135

50,401 47,235

27,480 25,602

12,376 9,522

4,085 3,142

13. 於聯營公司權益

INTEREST IN AN ASSOCIATE

非上市投資成本值

Unlisted shares, at cost

所{占收購後溢利，儲備及扣除已收股息

Share of post acquisition profits and reserves, net of divid巴nd received

所佔淨資產

Share of net assets



聯營公司

Associate

擁有權益

業務詮冊地點 Proportion of 架構模式營撞地點 Nominal Value of Form of Place of Incorporation I Issued Capital 持有股本類別Business Principal Place Directly Held by Class of Structure 0f Operation the Univer吋ty Shares Held

2009 2008 $'000 $'00。

綜合

Consolidated

9,430 9,430

40,971 37,805

50,401 47,235

大學豆豆豆豆立

9,430 9,430

主要活動

Principal Activity

深港產學研暴地有限責任公司中華人民共和國 33% 注入資本致力於科技商業化，培育新

PKU-HKUST Limited Peop1e's Republic of

公司，提供其他研究和技術管理服務，培訓高級管理人

員及行政專才。

Capita1 To engage in techno1ogy Shenzhen-Hong Liabi1ity China Contribution comm巳rcialization，

Kong Institution Company

下文教列為聯營公司之財務資料概要:

Th巳 summarised financia1 information in respect of an Associate is set out be1ow:

總資產

Tota1 assets

總負債

Totalliabi1ities

資產淨值

Net assets

集團應佔聯營公司之資產淨值

Group's share of net assets of the associat巴

營業額

Tumover

本年度溢利Profit for the year

集團年內應佔聯營公再業績

Group's share of r巴sults of the associate for the year

57

incubation of start-up companies, provision of other res巴arch and techno1ogy management services, training of s巳niormanagement and administrative executives.

2009 2008 $'000 $'00。

178 ,915 167,957

(26 ,181) (24,822)

152,734 143,135

50,401 47 ,235

27,480 25 ,602

12,376 9,522

4,085 3,142

14. ~JliE::~fflt~ INTEREST IN A JOINT VENTURE

~11'!]:t§l*,J.fI Jointly controlled entity

:1pJ::m~1iln'Z*{j][ Unlisted shares, at cost

FfT1~!&llf1Jf&(,~:tJt) /11;1tif!Jliz:filKiiIIi Share of post-acquisition (losses) / profits and reserves

FfT1~~1ili£: Share of net assets

~1l'lJtA!*,J.fI Name of Entity

Wium~4j;:$\:;~~~liff :reFJTf'fmH~ I'1j Zhejiang Advanced Manufacturing Institute of HKUST Co. Ltd. ("ZAMI")

3i/$~~ Form of Business Structure

Sino-foreign joint venture

tJ:llH-:ll!l1Wi1

"/ltl!l:ll!l1Wi Country of

Incorporation I and

Operation

People's Republic of

China

~Jl',t*!m'iJll Class of

Shares Held

Capital contribution

OJl',t~ Proportion of

Nominal Value of Issued

Capital Held by the Group

51%

2009 $'000

2008 $'000

**1t Consolidated

291

(291)

o

1mf.!JJiUz~ 9

Percentage of Voting Power of the Board

60%

291

(141)

150

~Jt Nature of Business

{lE~~~~1¥J liff~IfF Promotion of manufacturing research

~III~ "WiumNj;:" Z51%!Rffl! ' D51:WiZ.I$JiUJ7g{~f'f31:W ' mf'f60%Z~~ffl! "{!'l.~ , fJll~ "Wium~4j;:" Z01'1j.f!l!.:&iKtJ!:[tm,~ , FJTf'fmj;:z$~-§.mM~:&'ifl!lz1R:~&\~J:!t!'t$U~III:&=!tfi!Et:~!R*~¥'\(1R:~J1!i~ , IZSIJIt ' ~lIIre "Wium~4*" JljjI!lilim:J:!<lRIt§lfliUz1f

!Ill" The Group holds 51 % of the share capital of ZAMI and has appointed 3 out of 5 directors in the Board representing 60% of voting power of the Board. However, under the memorandum and articles and shareholders' agreement of ZAMI, all significant events including financial and operating policies must be mutually agreed by the Group and the other significant shareholder. Therefore, ZAMI is classified as a jointly controlled entity of the Group.

1t'if01'1j(;j1(~III1f~ffl!~~t~I¥JM~1il;jSffWH!l~tmr : The summarised financial information in respect of the Group's jointly controlled entity which is accounted for using the equity method is set out below:

2009 2008 $'000 $'000

~!!!JJ1ili£: 3,366 5,097 Current assets

:1p~!!!JJ1ili£: 890 1,500 Non-current assets

~!!!JJ~:fl (6,058) (6,103) Current liabilities

!&A 3,289 2,983 Income

~:st (5,724) (5,228) Expenses

f!f19 " Note,'

;k!fJ!i'€iliLtlJlfli1filff?JiJff'&{#JI!!#'lfJ!l!JI!!l!JitfltjliffitplL"IifJ.Ni..' ftj~IJ/ff7Jltlii " !!&i..' ftjJ!$~!lfJ!jN!1i1f9f11J ~1ttf!!1t*'&(Ji!ffffff/!NfJfjjfi..' ftj " il1l.&fdfi..'ftjif!II$;kIlil.&I;rf!i ' ;Ic!fJJ1Hl!iIi~f/i!JItlJJftJ1i;kJljfl/J$-LSCMfI(PiffJ!!!.&Jt!!1fjJjfdJV:: ' Y!l!iffltlfIJ:fJfdi;tl;li'ifIJ.&jt{jjf "

The University holds, prima facie, a partial interest in Hong Kong R&D Centre for Logistics and Supply Chain Management Enabling Technologies Limited ("LSCM"), a company incorporated in Hong Kong, limited by guarantee and not having a share capital. However, pursuant to the Memorandum and Articles of Association of LSCM, the University has no control or significant influence over the operating and financial policies of LSCM and has no entitlement to share in its profits and assets.

58

14. 於合資企業權益

INTEREST IN A JOINT VENTURE 2009 2008 $'000 $'000

綜合

Consolidated

共同控制實體

J ointly controlled entity

非上市投資成本值 291 291 Unlisted sh紅的， at cost

所佔收購後(虧損)/溢利及儲備 (291) (141) Share of post-acquisition (\osses) / profits and reserves

所佔淨資產 O 150 Share of net assets

設冊地點/ 擁有股權

營運地點 Proportion of 於董事局之投業草草弟構模式 Country of Nominal Value 蓋其權

Form of Incorporation I 持有股本類別 of Issued Percentage of 榮發性質共同控制實體 Business and Class of Capital Held by Voting Power Natureof

Name ofEn些L一 Structure Operation Shares Held theGroup of the Board Business

漸江港科大先進製造研中外合資中華人民共和國注入資本 51% 60% 促進製造業的

究所有限公司研究工作

Zhejiang Advanced Sino也foreign Peopl皂's Capita\ Promotion of Manufacturing joínt venture Republic of contribution manufacturing Institute of HKUST China research Co. Ltd. ("ZAMI")

集圈持有

，戶所丹有靈大之事項包括財務及營運之決榮必須得到集圈及其他主耍股東一致決議通過，囡此'集圈把“漸江港科大"歸類為共同控制之實髓。

The Group ho\ds 51 % of the share capital of ZAMI and has appointed 3 out of 5 directors in the Board representing 60% of voting power of the Board. However, under the memorandum and articles and shareholders' agreernent of ZAMI, a11 significant events including financial and operating policies must be rnutual1y agreed by the Group and the other significant shareholder. Therefore, ZAMI is c1assified as a jointIy control1ed entity of the Group.

合營公司(按集團實際權益計算)的財務資料概述如下:

The surnmarised financial information in respect of the Group's jointly controlled entity which is accounted for using the equity method is set out below:

2009 2008

$'00。 $'00。

流動資產 3,366 5,097 Current assets

非流動資產 890 1,500 Non-current assets

流動負債 (6,058) (6,103) Current liabi1ities

收入 3,289 2,983 Income

開支 (5 ,724) (5,228) Expenses

f!f1jfj; " Note ,'

大發表ilff.-t最苦苦5至f'ii書館游J斐然原錚錚'J!l!A實m皮筋鄒至哥句句.1Jj炭公ftj，芝紡侈品嘗逝。 ffÆ公勾結-!lfJÞ小至f'ii曹';jfj;f1IJz/，智股本反正要屋脊彼'fJfjjf:公if}'

il11.Æ鐵公if}ifb.灣大肅反彥窟 'x!fJJ1Hl!i荷灣游服'JJJtJJt大影智力於UCM!I夕差fJ!!!.&.財務及第一t 'ß!l!i存1lff/f;分(ð;tl;li'iffL反至于產。

刃le University holds, prima facie, a partial interest in Hong Kong R&D Centre for Logistics and Supply Chain Management Enabling Technologies Limited ("口CM")， a company incorporated in Hong Kong, limited by guarantee and not having a share capi的1.

However, pursuant 的 the Memorandum and Articles of Association of LSCM, the University has no control or sign伊cant influence over the operating and financial policies of LSCM and has no entitlement 的 share 的 its profits and assets.

58

15. ~jl~~'fJl01§j INVESTMENTS IN SUBSIDIARIES

::If!J::r1H9:lin';(*fml Unlisted shares, at cost

1W1III0'i1J Subsidiaries

~~M~*~*~~~~~~~0'i1J HKUST College of Lifelong Learning Limited

~~:f4*JtIlilt:~~N0'i1J HKUST Properties Limited

~~:f4*m~M~~~N0'i1J Hong Kong University of Science and Technology R and D Corporation Limited ("RDC")

J1i1H~~:f4*m~M~1'f~N0'i1J HKUST R and D Corporation (Guangzhou) Limited

~:f4*liJf~OO~(~J:}I!)~~N0'i1J HKUST Rand D Corporation (Shenzhen) Limited

J1i1Hrn~~:f4*:m**liJf~i>1C Guangzhou HKUST Fok Ying Tung Research Institute

~~:f4~*~~J:}I!m~i>1C The HKUST Shenzhen Research Institute

j!(j/ft " Note,'

ttlffiJ1!l!ll'i/~* Place I Country

of Incor[!oration

~~ Hong Kong

~~ Hong Kong

~~ Hong Kong

rp~A.§l#:fD1!!llI People's

Republic of China


Republic of China

rpi!jliA.§l#:fD1!!llI People's

Republic of China


Republic of China

2009 2008 $'000 $'000

*~ Universit;r

10,000 10,000

ftlBtffli Proportion of Nominal Value

of Issued I Registered Capital ::E~m!!ifJ Held by the University Princi[!al Activit;r

~~ 1ll1~ Direct Indirect

100% mli'**l~~E8M!mo To promote lifelong learning and continuing education.

100% :fmJllJJ Dormant

100% ~tJtn~i'I.::'.ftl~H!!ll~J1:l:f4~illi* 1t 0 -§f,n*il'fl'ij , txi&~ffI! ' m 1f«fi0'i1J;&;lt'8~i&mU9J 0

To engage in technology 100% commercialisation including

industrial contracting, licensing, incubation of start-up companies and other research and technical services in the Pearl River Delta

100% Area.

100% ~tJtn£*:f~E8liJf~ , :f4~E8EU 'lfi:&f§1m:f4mmJllJJE8mli' ' 9G~:f4 ~A::t;&'llfJ:!l!A~E8ttfIDI! 0

To engage in basic scientific research, technology innovation and associated research and development activities, as well as training of management and advanced technology personnel.

100% l!i1'f$t.,mA ' mI!b:f4*tE~JtIlE8¥)( 1f ' mIDI! ' m~;&2}r~m!l!iJ~ 0

Act as a liaison base to assist the University's education, training, research and incubation activity in Mainland China.

;t!l!?f€ilifL/J!iff!t'Y*&f'2iftttf411f!J!$MffJR:b.'AJ~l00%ltiii 0 ~:A'AJJi'$-/!lJMNlIl/ftfllJ~#(f/JfUs:&f!i!tHfffJR(Jfi!!:A'AJ 0 (!1!J{/lI:b.1.AJI11PJf ;t1N&.ff!i! ' ;t¥JJi~ff!!!fftffItiMNAMlf}{Jiff!E&Jtt!fJifJ(JffL ' Jl!~fflti!ljjft/!i;t{:jf{!lj&jtfilf 0

The University holds, prima facie, 100% interest in Nano and Advanced Materials Institute Limited ("NAMI"), a company incorporated in Hong Kong, limited by guarantee and not having a share capital. However, pursuant to the Memorandum and Articles of Association of NAMI. the University has no control over the operating and financial policies of NAMI and has no entitlement to share in its profits and assets.

16. :R~7m~01§j LOAN TO A SUBSIDIARY

~.~Uittoz~ft:fU$5Jmilt;W-fU,~ • llf1tn2015~202¥p~Jlll(Jlij)~ 0

Loan to a subsidiary is unsecured, interest-bearing at 5% per annum and is repayable between 2015 and 2024.

59

15. 投資於附屬公司

INVESTMENTS IN SUBSIDIARIES



附屬公司

Subsidiaries

香港科技大學持續進修學院有限公司

HKUST College of Lifelong Learning Limited

香港科大地產有限公司

HKUST Properties Limited

香港科大研究開發有限公司

Hong Kong University of Science and Technology R and D Corporation Limited ("RDC")

廣州香港科大研究開發有限公司

HKUST R and D Corporation (Guangzhou) Limited

港科大研究開發(深圳)有限公司

HKUST R and D Corporation (Shenzhen) Limited

廣州市香港科大賽英東研究院

Guangzhou HKUST Fok Ying Tung Research Institute

香港科技大學深圳研究院

The HKUST Shenzhen Research Institute

j!(j!ft " Note ,'

註冊地點/國家

Place I Country of

Incorporation

香港

HongKong

香港

HongKong

香港

HongKong

中華人民共和國People's

Republic of China


Republic of China

中華人民共和劉People's

Republic of China


Republic of China

2009 2008 $'000 $'000

大學E巫旦控!x.

10,000 10,000

擁有股總

Proportion of Nominal Value

of Issued I Registered Capital 主要活動

Held by the University Principal Activity

直接待有間攘持有

Direct Indirect

100% 推廣持續進修的課程。

To promote lifelong learning and continuing education.

100% 不活動

Dormant

100% 致力於珠江三角洲地區把科技商業化。包括工業合閥、技術授權、培

育新公司及其它技術服務。

To engage in technology 100% commercialisation inc1uding

industrial contracting, licensing, incubation of start-up companies and other research and technical services in the Pearl River Delta

100% Area.

100% 致力於基本科學的研究，科技的創

新及相關科研活動的推廣，先進科

技人才及管理人員的培訓。

To engage in basic scientific research, technology innovation and associated research and development activities, as well as 住aining of management and advanced technology personne1.

100% 擔任聯絡人，協助科大在內地的教育、培訓、研究及孕育活動等。

Act as a Iiaison base to assist the University's education, training, research and incubation activity in Mainland China.

;t毒害主管E上晶宮芳紡決反f!;.凌晨tf411h獨居吉存級公AJ~1009哥拉宮五t ，嘉穿公司7寫-/!lJM至f'lIl!ftfllJiZ為發平tÆf!i!tHfiI紋貨滋生公司7 。街游鐵公勾起輝;t何反尋塘，;t尋磁波芳草r'!fftffJ晶'ffMM仰蹄聲'f!Æ反財務政策上， Jl!rJi1亨措'ff!ljjftí!i;t{:jf{!f!ì.受資產。

The University holds, primafacie, 100% interest 的 Nano and Advanced Matel初ls Institllte Lilllited ("NAMI"), a COI/ψany incorporated in Hong Kong, limited by guarantee and not having a share capital. However, pllrsllant to the Melllorandlllll and Articles of Association of NAMI, the University has no control over the operat的g and financial policies of NAMI and has no entitlement 的 share

in its profits and assets.

16. 貸款予附屬公司

LOAN TO A SUBSIDIARY

該筆無擔保貸款按年利率5屋計算利息，並於2015至2024年全數歸還。

Loan to a subsidiary is unsecured, interest-bearing at 5% per annum and is repayable between 2015 and 2024.

59

17. f¥ili STOCKS

~a~ IfI.ffll ~ :(:f J!f Stocks held by Souvenir Shop

m-~pgll&~;gf'F~I:I:I~:(:fJ!f~388,35271;(2008~ : 393,13l71;) 0

2009 $'000

&*-ft:&*~

2008 $'000


672 480

The amount of stocks recognised as an expense during the year was $388,352 (2008: $393,131).

18. JJ!1&~~&fJHt~~ ACCOUNTS RECEIVABLE AND PREPAYMENTS

ffiN~J$l:&:Ig;:~ Prepayments and Deposits

~nmlH'l'~J$l Amount due from UGC

Ji!Jj~:llm~ Accounts Receivable

ffif1~J$l:&~~ Prepayments and Deposits

~JiWfJi!ft~~ Amount due from UGC

ml\J&lIm~ Accounts Receivable

~ : IlftJl:L}I"UJi!N~%Z~fW: Less: Allowance for amounts due from subsidiaries

Ji!J&lIm~~lli!I±l~~01&~Jtv:llPfl~ 0

Accounts receivable are repayable on demand.

2009 2008 $'000 $'000

&*-ft Consolidated

23,843 19,485

0 16,223

112,151 98,412

135,994 134,120

*~ University

20,737 16,639

0 16,223

180,403 138,243

(32,000) (20,000)

169,140 151,105

{E~~*'f~ PiN ' *~IIIWrIDi1ll:t;lt:i&!*ffi~Ji*4 :&~JtBl!l'li'Ii~ ffi~~~mUffll¥Pfi5~m{E~ p zffi fflj!f* 0 *~I!II~ M~lN'1J!:ff~P zffi~~~~:&~~ij~1J 0

Before accepting any new customers, the Group assesses the potential customer's credit quality and defines credit limits by customers. Recoverability of the existing customers is reviewed by the Group regularly.

{E~;l:Ji!J&lIm~~~~ij~1J~ , ~1II~JIl;ltEl3~Tffi~ S 3~:¥~15 S MFdlzffi~j!f*~Ht 0 B:i&!Mrm1l\li1'F~fw:mrm ZJi!J&lIm~B~*¥~15SlW~N~fmUI~p:i&!tl::Mz1l\li~X~J$l 0 Molt ' tJ(j[Wflt~m1l\li.$tJi!J&lIm~f'F~fw:mrm ' *~1II:Mz1l\li$t~~~~M':ff flfi'iJt!&¥fJ 0

In determining the recoverability of accounts receivable, the Group considers any change in the credit quality of the accounts receivable from the date credit was initially granted up to the financial statements' report date. The accounts receivable past due but not provided for were either subsequently settled as at the date of this report or without historical default of payments by the respective customers. Accordingly, the Council believes that there is no further credit provision required on these accounts receivable as at the balance sheet date. The Group does not hold any collateral over these balances.

60

17. 存貨STOCKS

2009 2008 $'000 $'00。

綜合及大學Consolidated and University

紀念晶部之存貨

Stocks held by Souvenir Shop 672 480

於年內確認作支出之存貨為388，352元(2008年: 393，13l元)。The amount of stocks recognised as an 巴xp巴nse during the year was $388,352 (2008: $393,131).

18. 應收眼款及預付款項

ACCOUNTSRECEIVABLEANDPREPAY那1ENTS2009 2008 $'000 $'000

綜合

Consolidated

預付款項及按金

Prepayments and D巴posits

23 ,843 19,485

教資會應付款項

Amount due from UGC O 16,223

應收帳款

Accounts Receivable 112,151 98,412

135,994 134,120

os o ny E D 金叫

按凶及如

項

m

s軍

a

41治A

預恥口

大學坐坐到立

20,737 16,639

教資會應付款項

Amount due from UGC O 16,223

應收眼款

Accounts Receivable 180,403 138,243

減: 附屬公司應付款項之減值

Less: Allowance for amounts due from subsidiaries (32,000) (20,000)

169,140 151,105

應收帳款於發出通知後須立即償還。

Accounts receivable are repayable on d巴mand.

在接受新客戶前，本集團會調查其過去信貸資料及按地區性之信貸限額而評估該潛在客戶之借用質素。本集團定

期檢討現有客戶之信貸限額及還款能力。

B巴fore accepting any new customers, the Group assesses the potentia1 custom仗's credit qua1ity and defines cr巳dit limits by customers. Recoverability of the existing customers is reviewed by th巴 Group regularly.

在衡量應收賠款之還款能力時，集團考慮其由給予借貸日至報告日期聞之借貸質素變化。已過期而無作減值撥備

之應收帳款巴於本報告日前清付或相關客戶過往並無結欠款項。故此，校董會認為無需就應收眼款作減僱撥備，

本集團並無就該等結餘持有任何抵押。

In determining th巳 r巴coverability of accounts rec巳ivable， the Group considers any change in the credit quality of the accounts receivable from the dat巴 credit was initia11y granted up to the financia1 statem凹的'r巴port date. The accounts receivable past due but not provided for were either subsequently settled as at the date of this report or without historica1 default of payments by the r巳sp巴ctive customers. Accordingly, th巴 Council beli巳ves that there is no further credit provision required on these accounts rec巴ivable as at the ba1ance sheet dat巴. The Group does not hold any collatera1 over thes巴 ba1ances.

60

19.

20.

tJ!~&~~;fJ!~ CASH AND CASH EQUIVALENTS

JJJ!:¥liM 8 J.S':::: {I!i!I f3 ~t) ~LJEMff~,x Bank Deposits with Original Maturity within Three Months

fJl!.~&~JH=rtJ!iAA Cash at Banks and in Hand

JJJ!:¥liM 8 J.S':::: {I!i!I f3 ~t) ~LJEMff~,x Bank Deposits with Original Maturity within Three Months

fJl!.~&~JH=rtJ!iAA Cash at Banks and in Hand

~11~:&~~.m ACCOUNTS PAYABLE AND ACCRUALS

;!'t{-&IJ!{tllR~,x&lJ!jjt.ffl Other Accounts Payable and Accruals

~~WrIJ!J&~,x:rJi Amount due to UGC

;!'t{-&IJ!1tllR~,x&IJ!H. ffl Other Accounts Payable and Accruals

~~WrIJ!J&~,x:lJi Amount due to UGC

61

2009 2008 $'000 $'000

**~ Consolidated

1,453,822 2,645,230

106,204 31,228

1,560,026 2,676,458

** University

1,389,517 2,592,531

23,196 (4,930)

1,412,713 2,587,601

2009 2008 $'000 $'000

**~ Consolidated

271,980 250,723

224 0

272,204 250,723

** University

185,536 187,492

224 0

185,760 187,492

19. 現金及等同現金

CASH AND CASH EQUIVALENTS

原到期日為三個月或以下之定期存款

Bank Deposits with Original Maturity within Three Months

現金及銀行結餘

Cash at Banks and in Hand

原到期日為三個月或以下之定期存款

Bank Deposits with Original Maturity within Three Months

現金及銀行結餘Cash at Banks and in Hand

20. 應付脹款及應計費用ACCOUNTS PAYABLE AND ACCRUALS

其他應付脹款及應計費用

Other Accounts Payable and Accruals

教資會應收款項

Amount due to UGC

其他應付脹款及應計費用

Other Accounts Payable and Accruals

教資會應收款項

Amount due to UGC

61

2009

$'00。2008 $'000

綜合

Consolidated

1,453 ,822 2 ,645 ,230

106,204

1,560,026

VU 學謂

大-m

n u

31 ,228

2 ,676,458

2 ,592,531 1,389,517

23 ,196

1,412,713

2009

$'00。

(4,930)

2 ,587,601

2008

$'00。

綜合

Consolidated

271 ,980 250,723

224

272,204

O

250,723

大學University

185,536 187,492

224

185,760

O

187,492

21. ~lfI~lfifUm~ PROVISION FOR STAFF BENEFITS

2009 2008 $'000 $'000

**~ Consolidated

~~~ 38,809 35,312 Gratuities

{~@Wj~NJt:{ii! 73,221 73,136 Leave Pay and Others

112,030 108,448

JJ!{t1i~ : Payable:

~!rfpg 61,726 67,025 Within 1 year

~!rf{& 50,304 41,423 After 1 year

112,030 108,448

*¥ University

~~~ 38,427 34,807 Gratuities

{~@Wj~BUt{ii! 73,221 73,136 Leave Pay and Others

111,648 107,943

JJ!{1~ : Payable:

~!rfpg 61,344 66,520 Within 1 year

~!rf{& 50,304 41,423 After 1 year

111,648 107,943

62

21. 教職員福利撥備

PROVISION FOR STAFF BENEFITS

2009 2008

$'00。 $'00。

綜合

Consolidated

退職金 38,809 35,312 Gratuities

代假期金及其他 73,221 73 ,136 Leave Pay and Others

112,030 108,448

應付於:

Payable:

一年內 61 ,726 67,025 Within 1 year

一年後 50,304 41 ,423 After 1 year

112,030 108,448

大學University

退職金 38,427 34,807 Gratuities

代假期金及其他 73 ,221 73 ,136 Leave Pay and Others

111 ,648 107,943

應付於:

Payable:

一年內 61 ,344 66,520 Within 1 year

一年後 50,304 41 ,423 After 1 year

111 ,648 107,943

62

22. ~~l&~ DEFERRED INCOME

~~.~WJ& ilAA'f1fIlMH U ~ UGC Grants from

Subventions Government m~ WWJ ~Ift and Grants Agencies Donations Sponsorships Total

$'000 $'000 $'000 $'000 $'000

**~ Consolidated

200747 J'll B z*S~ 339,066 16,509 5,166 25,344 386,085 Balance as at 1 July 2007

BJ& / JJ!J&zmxlJ! Amount received / receivable

~~mmx(i!{ttt25) 0 0 4,661 0 4,661 Pledged Donations (Note 25)

*1& 1,551,067 22,408 11,263 1,993 1,586,731 Others

1ft AJ&5z:¥a~(1l(1itt.4 ' 7&8) (1,447,339) (21,581) (11,594) (1,462) (1,481,976) Credited to income and expenditure statement (Notes 4, 7 and 8)

"~iB!:MliWl!MIi(1l(1itt.23) (65,821) (3,065) (6,509) 0 (75,395) Transfers to Capital Reserves (Note 23)

200846 J'l30 B z~~ 376,973 14,271 2,987 25,875 420,106 Balance as at 30 June 2008

BJ& / JJ!J&zmxlJ! Amount received / receivable

~~mmx(ll(ttt25) 0 0 10,173 0 10,173 Pledged Donations (Note 25)

*1& 1,777,204 35,890 6,389 10,346 1,829,829 Others

1ft AJ&5z:¥~~(1l(1itt.4 ' 7&8) (1,441,647) (32,218) (8,992) (10,919) (1,493,776) Credited to income and expenditure statement (Notes 4, 7 and 8)

1l!Il~~~ 0 (7) 0 0 (7) Exchange translation difference

"~iB!:MliWl!MIi(1l(1itt.23) (114,505) (1,439) (2,657) (1,005) (119,606) Transfers to Capital Reserves (Note 23)

200946J'l30 B ~~ 598,025 16,497 7,900 24,297 646,719 Balance as at 30 June 2009

63

22. 遞延收益

DEFERRED INCOME

教資會資助及政府有關機構

撥款撥款

UGC Grantsfrom Subventions Govern官祖nment 捐款贊助總計

andGrants Agencies Donations Sponsorships Total $'00。 $'00。 $'00。 $'00。 $'00。

綜合

Consolidated

2007年7月 1 日之結餘 339,066 16,509 5,166 25,344 386,085 Balance as at 1 July 2007

已收/應收之款項

Amount received / receivable

承諾捐款(附註25) O 。 4,661 O 4,661 Pledged Donations (Note 25)

其他 1,551 ,067 22,408 11 ,263 1,993 1,586,731 Others

計入收支報表(附註4 、 7及8) (1 ,447,339) (21 ,581) (11 ,594) (1 ,462) (1 ,481 ,976) Credited to incom巴 and expenditure statement (Notes 4, 7 and 8)

轉至設備儲備(附設23) (65,821) (3,065) (6,509) 。 (75,395) Transfers to Capital Reserves (Note 23)

2008年6月 30日之結餘 376,973 14,271 2,987 25,875 420,106 Balance as at 30 June 2008


Amount received / rec巴ivable

承諾捐款(附註25) O O 10,173 O 10,173 Pledged Donations (Note 25)

其他 1,777,204 35,890 6,389 10,346 1,829,829 Others

言十入收支幸臣表(啊?註4 、 7及8) (1 ,441 ,647) (32,218) (8,992) (10,919) (1 ,493,776) Credited to income and expenditure statement (Notes 4, 7 and 8)

匯兌差額 O 。) 。 O (7) Exchange translation difference

轉至設備儲備(附註劫 (114,505) (1 ,439) (2,657) (1 ,005) (119,606) Transfers to Capital Reserves (Note 23)

2009年6月 30臼之結餘 598,025 16,497 7,900 24,297 646,719 Balance as at 30 June 2009

63

22. ~~J&~(1t) DEFERRED INCOME (Cont'd)

20071f:7 )=1113 ~AA Balance as at 1 July 2007

BJ& 11I!J&~lJi Amount received I receivable

;iJ:MH~mx(llft1tt25) Pledged Donations (Note 25)

;ltft!!. Others

lit AJ&5z:¥~~(l!ft1tt4 ' 7&8) Credited to income and expenditure statement (Notes 4, 7 and 8)

" A~rrn~rrn(l!ft1tt23) Transfers to Capital Reserves (Note 23)

20081f:6mOI3~AA Balance as at 30 June 2008

BJ&/II!J&~lJi Amount received / receivable

;iJ:M'iffilmx(l!ft1tt25) Pledged Donations (Note 25)

;ltft!!. Others

lIT AJ&5z:~~(llft1tt4 ' 7&8) Credited to income and expenditure statement (Notes 4, 7 and 8)

" A~rm~rm(IlM1tt23) Transfers to Capital Reserves (Note 23)

20091f:6 )=130 13 ~AA Balance as at 30 June 2009

!ftIf!Jl .' Footnote .'

I!~fif Courtesy acknowledgement

~ji.jiWJ& iJil()f,fi'fIlMH fi~ ~ UGC Grants from

Subventions Government and Grants Agencies

$'000 $'000

339,066 16,509

0 0

1,551,067 22,408

(1,447,339) (21,581)

(65,821) (3,065)

376,973 14,271

0 °

1,777,204 31,496

(1,441,647) (30,966)

(114,505) (1,439)

598,025 13,362

ffil~ JtWJ ~lIt Donations Sponsorships Total

$'000 $'000 $'000

*¥ University

5,166 25,344 386,085

4,661 0 4,661

11,263 1,993 1,586,731

(11,594) (1,462) (1,481,976)

(6,509) 0 (75,395)

2,987 25,875 420,106

10,173 ° 10,173 (1tt!lil11)

(Footnote)

6,389 10,346 1,825,435

(8,992) (10,919) (1,492,524)

(2,657) (1,005) (119,606)

7,900 24,297 643,584

!f;t:.lJ!!f!Z!f!fdJ1Nll!ff JlJ fr,!$i!(!f;'73JJiiElfJf/JiZ BJ/f{(6, 196,531:lE)JJftJ1.tJ/f{(3,976, 609:lE)!!J!f;t:};{Rft/J.;t!flIllJtA!lffffJIlXtp,[''.&!fl!E ti!~iff:::JtIJ§Jf/11HJIff • The amount represented donations received ($6,196,531) / receivable ($3,976,609) from the Hong Kong Jockey Club Charities Trust for the University's Enterprise Center and the Student Hostel Phase II Development Project.

64

22. 遞延收益(續)

DEFERRED INCOME (Cont'd)

教資會資助及政府有攔機構

撥款撥款

UGC Grantsfrom Subventions Government 捐款贊助總計

andGrants Agencies Donations Sponsorships Total $'00。 $'00。 $'00。 $'000 $'00。

大學University

2007年7月 1日之結餘 339,066 16,509 5,166 25,344 386,085 Balance as at 1 July 2007


Amount received I receivable

承諾捐款(附註25) 。 O 4,661 O 4,661 Pledged Donations (Note 25)

其他 1,551 ,067 22,408 11,263 1,993 1,586,731 Others

計入收支報表(附詮4 、 7及8) (1 ,447,339) (21 ,581) (11 ,594) (1 ,462) (1 ,481 ,976) Credited to income and expenditure statement (Notes 4, 7 and 8)

轉入設備儲備(附註23) (65,821) (3,065) (6,509) O (75,395) Transfers to Capital Reserves (Note 23)

2008年6月 30日之結餘 376,973 14,271 2,987 25,875 420,106 Balance as at 30 June 2008


Amount received I receivable

承諾捐款(附註25) O O 10,173 O 10,173 Pledged Donations (Note 25) (註腳)

(Footnote)

其他 1,777,204 31 ,496 6,389 10,346 1,825,435 Others

計入收支報表(附註4 、 7及8) (1 ,441 ,647) (30,966) (8,992) (10,919) (1 ,492,524) Credited to income and expenditur巴 statement

(Notes 4, 7 and 8)

轉入設備儲備(附註23) (114,505) (1 ,439) (2,657) (1 ,005) (119,606) Transfers to Capital Reserv巳s (Note 23)

2009年6丹 30日之結餘 598,025 13,362 7,900 24,297 643,584 Balance as at 30 June 2009

還派W:

Footnote:

帶!fif

COllrtesy acknowledgement

激發至豈是甜苦亨游簽V，gtfj滋主乎是諾基金將Iffj，乏BJ/f{(6， 196，531ÆJJJftI!.會'l/:f[(3，976，60坊J輝說l;J.贊助大扭身邊草撕碎WZtf1I[，>L受毒監管置于第二激發展對野。

The amollnt represented donations received ($6，19改531) / receivable 侈3，976， 60月from the Hong Kong Jockey Clllb Charities Trust for the University's Enterprise Center and the Stlldent Hostel Phase II Development Project.

64

23. mt-Mifim-Mi CAPITAL RESERVES

2007~7 FJll3 ZJUii*"1~ Balance as at 1 July 2007, restated

"fit§~M;J&~ , Ilp~~:F.Sm{t)!;!li!fo/J!lit&l1J):ffiffiiJ&)llr&!i!!\J&i¥JiJil(J&jlJltJ:&fi~~m~(llIm22) Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the year for Property and Equipment (Note 22)

"tiJ&:sz:¥~~ , IlPPJiJil(J&jlWJ:&fit~~m~)!;!lii¥J!fo/J~:&l1J):ffiz:fJTjf~~:&I±li!f!fo/J{if'zmii1 Transfers to income and expenditure statement representing the depreciation charges on Propelty and Equipment funded by subventions and grants or donations, and net book value of disposed items

"fit§ I (¥)~~:&~jfWrl!iljijfi~1i1l!VIIi(llIttt25) Transfers from I (to) Donations and UGC Matching Grants Reserves (Note 25)

)!;!li;f§IUI!fo/J~:&l1J):VIIi:sz:l±lz~~ Amounts spent on Property and Equipment during the year

~IUI!fo/J~:&l1J):Vlliz:fJTti~~:&I±li!f~~zmii1 Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

"fi§ I (¥);ltftl!fnJlVIIi(llIttt26) Transfers from I (to) Other Reserves (Note 26)

)!;!li;f§IUI~~:&IlitVlli:sz:l±lz~~ Amounts spent on Property and Equipment during the year

~1UI~~:&l1J):Vlliz:fJTti~~:&I±li!f~{if'zmii1 Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

IliJt1i1l!Vlliz~!l!IJ~~ Change in exchange reserve

2008~6FJ30 13 z*"1~ Balance as at 30 June 2008

65

N:&.il!l:{ifIj®1i~*1i Property and Equipment Funded by

M1iW1:&_~ t~~m~

Government Subventions and

Grants or Specific

Donations $'000

Others $'000

~ Consolidated

2,803,407

75,395

(127,614)

2,751,188

474,057

o

o

10,636

(4,505)

6,131

32,876

(13,029)

19,847

25,978

532

500,567

Kmlit Total $'000

3,277,464

75,395

(127,614)

25,978

532

3,251,755

23. 設備儲備

CAPITAL RESERVES

2∞7年7月 1 日之重編結餘

BaIance as at 1 July 2007, restated

轉E護自遞延收益， IlP當年為用作購置物業及設備而收取及應收的政府資助及撥款或捐款(附註22)

Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the year for Property and Equipment (Note 22)

轉股至收支報衰，即以政府資助及撥款或捐款購置的物業及設備之折舊款項及出售物件之淨值

Transfers to income and expenditure statement representing the depreciation charges on Propelty and Equipment funded by subventions and grants or donations, and net book value of disposed items

轉撥自/(至)喜事募及教資會配對撥款儲備(附註25)

Transfers from/ (to) Donations and UGC Matching Grants R巴serves (Note 25)

購置相關物業及設備支出之款項

Amounts spent on Property and Equipment during the year

有關物業及設備之折舊款項及出售物件之淨值

Depreciation charges for the year on respective Property and Equipment and net book vaIue of disposed items

轉撥自/(至)其他儲備(附設26)

Transfers from I (to) Other Reserves (Note 26)




Depreciation charges for the year on respective Prope此y and Equipment and net book vaIue of disposed items

展兌儲備之變動差額


2008年6月 30日之結餘BaIance as at 30 June 2008

65

物業及設備的資金來盟軍

Property and Equipment Funded by

政府資助及被款或指定捐款


Grants or Specific

Donations

$'00。

其他總計Others Total $'000 $'000

綜合

Consolidated

2,803,407 474,057 3,277,464

75,395 。 75,395

(127,614) 。 (127,614)

19,847

25,978 25,978

532 532

2,751 ,188 500,567 3,251 ,755

23. ~fFijftfFij(.) CAPITAL RESERVES (Cont'd)

2008if7 131 B Zt;!i~ Balance as at 1 July 2008

~W§jff!~J&:Mt ' JlP~ifmmf'PlfIlJllf~;&1N.flljjfflJ&mC&H!!\J&l¥.JjJiJOf,fjlWJ;&fiiWZlllZmiWZ(lIIttt22) Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the year for Property and Equipment (Note 22)

~~:¥.J&5Z¥Il~ , JlPPJililc)f,fjlWJ;&WiWZlllZmiWZllIIJ!iiI¥.J~~;&1N.fIIj~fJTliiWZ~lllZl±lilFI~f'F~ff(~ Transfers to income and expenditure statement representing the depreciation charges on Property and Equipment funded by subventions and grants or donations, and net book value of disposed items

~W§ / (:¥.)~jt1f~.WiWZftfllj(llittt24) Transfers from / (to) UGC Block Grants Reserves (Note 24)

lfIlJ!ii;f§IUl~~:&1N.fllj5Zl±l~iWZ~ Amounts spent on Property and Equipment during the year

~1Ul~~;&1N.fIIj~fJTliiWZ~;&I±l~~~~ff(~ Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

~W§ / (:¥.).~;&~jt1flfc!J,fWiWZftfllj(lIIttt25) Transfers from / (to) Donations and UGC Matching Grants Reserves (Note 25)

1lIIJ!ii;f§IUl~~;&1N.fllj5Zl±l~iWZ~ Amounts spent on Property and Equipment during the year


~fi§ / (:¥.);!tf&ftfllj(llittt26) Transfers from / (to) Other Reserves (Note 26)

lfIlJ!ii;f§IUl~~:&1N.fllj5Zl±l~iWZ~ Amounts spent on Property and Equipment during the year


llli:ftftfllj~~!I1JJ~~ Change in exchange reserve

2009if6J330B~ti!i~ Balance as at 30 June 2009

66

~lii!:flljl¥.Jj1i~*ii Property and Equipment Funded by

Qj1iWJ:&~ md~


Grants or Specific

Donations $'000

Others $'000

**~ Consolidated

2,751,188 500,567

119,606

(134,682)

25,840

(7,164)

18,676

9,090

(5,138)

3,952

78,666

(13,625)

65,041

87,669

(17)

2,736,112 588,219

Nftllt Total $'000

3,251,755

119,606

(134,682)

87,669

(17)

3,324,331

23. 設備儲備(續)

CAPITAL RESERVES (Cont'd)

2∞8年7月 1 日之結餘Balance as at 1 July 2008

轉撥自遞延收益，即當年為用作購置物業及設備而收取及應收的政府資助及撥款或捐款(約註22)

Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the ye訂 for Property and Equipment 肘。給 22)

轉R長至收支報表， llP以政府資助及撥款或捐款購置的物業及設備之折舊款項或出售物件之淨值

Transfers to income and expenditure statement representing the depreciation charges on Property and Equipment funded by subventions and grants or donations, and net book value of disposed items

轉撥自/(至)教資會整筆撥款儲備(附註24)

Transfers from / (to) UGC Block Grants R巴serves (Note 24)




Depreciation charges for the year on respective Prope句位ld Equipment and net book value of disposed items

轉撥自/(至)籌募及教資會配對撥款儲備(附設25)

Transfers from / (to) Donations and UGC Matching Grants Reserves 們ote 25)

購置棺關物業及設備支出之款項



Depreciation charges for the ye訂 onfl臼pective Property and Equipment and net book value of disposed items

轉撥自 I(至)其他儲備(附詮26)

Transfers from / (to) Other Reserves (N ote 26)




Depreciation charges for the y臼r on respective Property and Equipment and net book value of disposed items

匯兌儲備之變動差額


2∞9年6月 30臼之結餘Balance as at 30 June 2009

66

物業及設備的資金來源


政府資助及撥款或指定捐款


Grants or Specific

Donations

$'00。

其他總計Others Total $'000 $'00。

綜合

Consolidated

2,751 ,188 500,567 3,251 ,755

119,606 119,606

(134,682) (134,682)

65,041 一一一一一」87,669 87,669

(17) (17)

2,736,112 588,219 3,324,331

23. ~ffi"ffi(~ CAPITAL RESERVES (Cont'd)

2007ip7 i=ll B zUt;'i~ Balance as at 1 July 2007, restated

_fii3J1~J&~ , JlP'lltipmm{'I'lfIIili!fo/J3i(t&\jji:VJ1jffiiJ&J1'l(&IIil\J&a'Ji&JffjliJl;b&fiI~JllGm~(1W\tt22) Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the year for Property and Equipment (Note 22)

_~¥.J&5Z!$~ , JlPP)J&JffjliJl;b&fi~JllGm~lfIIil!f8'J!fo/J~&ill!:-frlljzfJTK~~&I±\~!fo/J{if"zH Transfers to income and expenditure statement representing the depreciation charges on Property and Equipment funded by subventions and grants or donations, and net book value of disposed items

_fili3 / (~)~~&~jliWfi'fcl~:fi~1ilI!-frIIj(ll{t\tt25) Transfers from / (to) Donations and UGC Matching Grants Reserves (Note 25)

lfIIili;f§IDl!fo/J~&ill!:-frllj5ZI±\Z~~ Amounts spent on Property and Equipment during the year

~IDl!fo/J~&ill!:-frlljz~B~~&I±\~~~z~~ Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

_fili3 / @)~ftg"-frIIj(ll{t\tt26) Transfers from / (to) Other Reserves (Note 26)

lfIIil!f;f§IDl!fo/J~&ill!:MIl5ZI±\Z~~ Amounts spent on Property and Equipment during the year

~1Dl~~&ill!:MIlz~K~~&I±\~~~z~~ Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

2008ip6i=l30 B Zt;'i~ Balance as at 30 June 2008

67

~&ill!:-frllji'I'Jil~ii Property and Equipment Funded by

J&j(filJl;b&R:ijlG 1~~m~


Grants or Specific

Donations $'000

2,803,407

75,395

(127,614)

2,751,188

Others $'000

*~ University

466,689

o

o

2,112

(2,379)

(267)

29,384

(11,883)

17,501

17,234

483,923

hmmTotal $'000

3,270,096

75,395

(127,614)

17,234

3,235,111



2007年7月 1 日之重編結餘

Balance as at 1 July 2007, restated

轉撥白遞延收益，即當年為用作購價物業及設備而收取及應收的政府資助及撥款或捐款(附註22)

Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the ye也﹒ for Property and Equipment (Note 22)

轉脹至收支報衰，即以政府資助及搜款或捐款購置的物業及設備之折舊款項及出售物件之潮直

Transfers to income and expenditure statement representing the depreciation charges on Prope此y and Equipment funded by subventions and grants or donations, and net book value of disposed items

轉撥自/(至)籌募及教資會間對撥款儲備(附註25)

Transfers from I (to) Donations and UGC Matching Grants Reserves (Note 25)

鱗置相關物業及設備支出之款項

Amounts spent on Property and Equipment during the ye位


Depreciation charges for the ye位 on respective Property and Equipment and net book value of disposed items

草草撥自/ (至)其他儲備(附註26)

Transfers from I (to) Other Reserves (Note 26)




Depreciation charges for the ye位 on respective Property and Equipment and net book value of disposed iterns


67

物業及設備的資金來源

Property and EQuipment Funded by



Grants or Specific

Donations

$'00。

2,803,407

75,395

(127,614)

2,751,188

其他總計Others Total $'000 $'00。

大學University

466,689 3,270,096

。 75,395

O (127,614)

17,501

17,234 17,234

483,923 3,235,111

23. ~frIHiflf.(.) CAPITAL RESERVES (Cont'd)

20081f7 ~ 1 B ;6t.'i~ Balance as at 1 July 2008

.j~§jffR~J&~ , JlP,&1f:mJfl{'FlfIIJfii!fo/J~:&lll!:.ffijJ&ljj(:&H!l\J&il'Ji&Jff'GiJliJ:&1~~jjl(;:f/'l~(jlfttt22) Tranfers from Deferred Income representing subventions and grants or donations received and receivable during the year for Property and Equipment (Note 22)

.~~J&~*~ , JlPPJi&Jff~JliJ:&m~jjl(;:f/'l~lflIIfiiil'J~:&lll!:.ztFfif~lJ!jjl(;t±l~!fo/J{tf~j'Ji{ii1! Transfers to income and expenditure statement representing the depreciation charges on Property and Equipment funded by subventions and grants or donations, and net book value of disposed items

.m§ I (~)~"GilH~.m~{lfFm(lIf.Jtt24) Transfers from I (to) UGC Block Grants Reserves (Note 24)

IflIIfii;f!lIm!fo/J~:&lll!:.~t±lz~lJ! Amounts spent on Property and Equipment during the year

~gW~:&lll!:.ztFfif~lJ!:&t±l~W~z~ii1! Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

.m§ I (~)~i!f\\~:&~"Gi1tllC~m~{I.(\lfttt25) Transfers from I (to) Donations and UGC Matching Grants Reserves (Note 25)

lfIIJfii;f!lg~:&lll!:.~t±l~lJ! Amounts spent on Property and Equipment during the year

~g!fo/J~:&lll!:.ztFfif~lJ!:&t±l~W{tfz~ii1! Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

.m§ I (~);\'tfl!!{lfFm(\lfttt26) Transfers from I (to) Other Reserves (Note 26)

lflII!ll[;f!lgW~:&lll!:.~t±l~lJ! Amounts spent on Property and Equipment during the year

~g!fo/J~:&lll!:fFmztFfB~~:&t±l~W~z~ii1! Depreciation charges for the year on respective Property and Equipment and net book value of disposed items

20091f6~ 30 B Zjj!f~ Balance as at 30 June 2009

68

WDlilHIllil'Jjli~*~ Property and Equipment Funded by

QjliJliJ:&~ m~m~


Grants or Specific

Donations $'000

2,751,188

119,606

(134,682)

2,736,112

Others $'000

*~ University

483,923

25,840

(7,164)

18,676

7,587

(2,041)

5,546

60,243

(12,822)

47,421

71,643

555,566

kmlfr Total $'000

3,235,111

119,606

(134,682)

71,643

3,291,678



2∞8年7月 1 日之結餘Balance as at 1 July 2008

轉f發自遞延收益，即當年為用作購置物業及設備而收取及應收的政府資助及撥款或捐款(附設22)

Traufers from Deferred Incom巴 representing subventions and grants or donations received and receivable during the year for Prope此y aud Equipment (Note 22)

轉眼至收支報表，即以政府資助及援款或捐款購置的物業及設備之折舊款項或出售物件之淨值

Trausfers to income and expenditure statement repr巴senting the depreciation charges on Property aud Equipment funded by subventions and grants or donations, aud net book value of disposed items

轉撥自 I(至)教資會整筆撥款儲備(附註2仿

Trausfers from I (to) UGC B10ck Grauts Reserves 酬。te24)

購置相欄物業及設備支出之款項

Amounts spent on Property aud Equipment during the ye旺


Depreciation charges for the year on respective Property aud Equipment aud net book value of disposed items

轉撥自 I(至)籌募及教資會配對撥款儲備(的詮25)

Trausfers from I (to) Donations and UGC Matching Grauts Reserves 酬。te 25)


Amounts spent on Property and Equipment during the 尹伯﹒


Depreciation charges for the y個r on respective Property and Equipment aud net book valu巴 of disposed items

轉撥自 I(至)其他儲備(附註26)

Trausfers from I (to) Other Reserves (Note 26)


Amounts spent on Property and Equipment during the ye缸


Depreciation charges for the ye訂 on respective Property aud Equipment aud net book value of disposed items

2∞9年6月 30日之結餘Balance as at 30 June 2009

68

物業及設備的資食來源




Grants or Specific

Donations

$'00。

2,751 ,188

119,606

(134,682)

2,736,112

其他總計Others Total $'000 $'000

大學University

483,923

47,421 一一一一一」

3,235,111

119,606

(134,682)

71 ,643 71 ,643

555,566 3,291 ,678

24. ¥)(jfll~~1i~{mf. UGC BLOCK GRANT RESERVES

Wf~lJil3:&~fI!! -~:&~QMIt Research General and

Projects and Development ~~ Others Reserve Total $'000 $'000 $'000

**ir:&*¥ Consolidated and University

2007~7 RIB ;L.m~~~ 48,193 1,019,599 1,067,792 Balance as at 1 July 2007, restated

*~~ii~ / (iI5*lli) 54,063 (18,184) 35,879 Surplus / (Deficit) for the year

2008~6R 30 B ;L~~ 102,256 1,001,415 1,103,671 Balance as at 30 June 2008

*1f~ii~ / (iI5*lli) 24,988 (85,014) (60,026) Surplus / (Deficit) for the year

"m~~.".(1lf1tt23) (18,676) 0 (18,676) Transfers to Capital Reserves (Note 23)

2009~6R 30 B ;L~~ 108,568 916,401 1,024,969 Balance as at 30 June 2009

69

24. 教資會整筆撥款儲備

UGC BLOCK GRANT RESERVES

研究項目及其他一般及發展儲備

Research General and Projects and Development 總計

Others Reserve Total

$'00。 $'00。 $'00。

綜合及大學


2007年7月 1 日之重編結餘 48 ,193 1,019 ,599 1,067 ,792 Balanc巳 as at 1 July 2007, restated

本年度盈餘/ (虧細) 54,063 (18 ,184) 35,879 Surplus / (Deficit) for 由eyear

2008年6月 30臼之結餘 102,256 1,001 ,415 1,103,671 Balance as at 30 June 2008

本年度盈餘/(虧細) 24,988 (85 ,014) (60,026) Surplus / (Deficit) for the year

轉撥至設備儲備(附註23) (18,676) O (18 ,676) Transfers to Capital Reserv閱 (Note 23)

2009年6月 30日之結餘 108,568 916,401 1,024,969 Balanc巳 as at 30 J une 2009

69

25 . • ~&~jf1tWtHMti~fmf. DONATIONS AND UGC MATCHING GRANTS RESERVES

2007~7.f:! 1 B Zm~~~ Balance as at 1 July 2007, restated

*~Ji::ii~ Surplus for the year

"f~.¥~ffilftffil(1lf1tt23) Transfers to Capital Reserves (Note 23)

lli~ftffilz~!!!IJft~ Change in exchange reserve

Jt:f&jl~"f~ Other inter-fund transfer

2008~6.f:! 30 B Z~~ Balance as at 30 June 2008

*~Ji::ii~ I (fifrlfl) Surplus / (Deficit) for the year

"f~.¥~ffilftffil(1lf1tt23) Transfers to Capital Reserves (Note 23)

lli~ftffilz~!!!IJft~ Change in exchange reserve

Jt:f&jl~"t~ Other inter-fund transfer


2007~7.f:! 1 B zU~~ Balance as at 1 July 2007, restated


"f~!3 I ('¥)~ffilftffil(1lf1tt23) Transfers from / (to) Capital Reserves (Note 23)




"t~.¥~ffilftflij(1lf1tt23) Transfers to Capital Reserves (Note 23)



w* Endowment

$'000

302,213

142,197

o

o

o

444,410

23,913

o

o

4,221

472,544

302,213

142,197

o

o

444,410

23,913

o

4,221

472,544

70

m)E Designated

$'000

:1Fm)E Unspecified

$'000

**ft Consolidated

616,417 479,535

10,055 132,126

(4,484) (1,647)

1,108 o

1,500 (1,500)

624,596 608,514

(11,573) 70,329

(1,059) (2,893)

49 o

(1,725) (1,500)

610,288 674,450

*~ University

631,508 479,535

3,705 132,126

1,914 (1,647)

1,500 (1,500)

638,627 608,514

(11,799) 70,329

(2,653) (2,893)

(1,725) (1,500)

622,450 674,450

~lit Total $'000

1,398,165

284,378

(6,131)

1,108

o

1,677,520

82,669

(3,952)

49

996

1,757,282

1,413,256

278,028

267

o

1,691,551

82,443

(5,546)

996

1,769,444

25. 籌募及教資會配對撥款儲備

DONATIONS AND UGC MATCHING GRANTS RESERVES

留本指定非指定總計

Endowment Designated Unspecified Toíal $'000 $'000 $'000 $'00。

綜合

Consolidaíed

2007年7月 1 日之重編結餘 302,213 616,417 479,535 1,398,165 Balance as at 1 July 2007, restated

本年度盈餘 142,197 10,055 132,126 284,378 Surplus for the y巴ar

轉撥至設備儲備(附註23) O (4,484) (1 ,647) (6,l31) Transfers to Capital Res巴rves (Note 23)

匯兌儲備之變動差額 O 1,108 。 1,108 Chang巳 in 巳xchange reserve

其他資金轉撥 O 1,500 (1 ,500) O Oth巳r inter-fund transfer

2008年6月 30日之結餘 444,410 624,596 608,514 1,677,520 Balance as at 30 June 2008

本年度盈餘 I(虧組) 23,913 (11 ,573) 70,329 82,669 Surplus / (Deficit) for the year

轉撥至設備儲備(附註23) O (1 ,059) (2,893) (3 ,952) Transfers to Capital Reserves (Note 23)

匯兌儲備之變動差額 O 49 。 49 Chang巴 in 巴xchange reserve

其他資金轉撥 4,221 (1 ,725) (1,500) 996 Other inter-fund transfer

2009年6月 30日之結餘 472,544 610,288 674,450 1,757,282 Balance as at 30 June 2009

大學University

2007年7月 1 日之重編結餘 302,213 631 ,508 479,535 1,413 ,256 Balance as at 1 July 2007, restated

本年度盈餘 1(.虧組) 142,197 3,705 132,126 278 ,028 Surplus / (Deficit) for the year

轉撥自 I(至)設備儲備(附註23) O 1,914 (1 ,647) 267 Transfers from / (to) Capital Reserves (Note 23)

其他資金轉撥 O 1,500 (1,500) O Other inter-fund transfer

2008年6月 30日之結餘 444,410 638,627 608,514 1,691 ,551 Balance as at 30 June 2008

本年度盈餘 1(.虧細) 23 ,913 (11 ,799) 70,329 82,443 Surplus / (Deficit) for the year

轉撥至設備儲備(如註23) O (2,653) (2,893) (5 ,546) Transfers to Capital Reserves (Not巳 23)

其他資金轉撥 4,221 (1 ,725) (1,500) 996 Other inter-fund transfer

2009年6月30日之結餘 472,544 622,450 674,450 1,769,444 Balance as at 30 June 2009

70

25 . • ~:&~jl{1tftlJJm~foIIM1I(*ft) DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'd)

~&~~~~~Z~~: Further analysis of the Donation and UGC Matching Grants Reserves:

2007fp7 fJl B z!Milt'i~ Balance as at 1 July 2007, restated

J&A Income

lillX&mllX Grants and Donations

Jl!:lll'J&A Income from investments

;l1;ftil Othcrs

~lii3ltli~~~(mittlO) Transfers from Capital Reserves (Note 10)

5<:i±l Expenditure

mli~'l'llil:i1*, ;l1;ftil Teaching and Research Enhancement I Others

'l'lpjj5!llft1?dl1.iiITflJj~~~ Academic Strength and Niche Area Development

"'1i!;Htlil:'l'l.'E~lfrtm!lii) I 'l'l.'E~~ I !ll!'l'lJl'i I WJ'l'lJl'i Internationalization and Student Exchange Activities I Student Development I Scholarship I Bursary

~lii3 I @) ltli~~IIIi(mitt23) Transfers from I (to) Capital Reserves (Note 23)

1li:ll;~IIIiZ1i!!Iii)il'!tII Change in exchange reserve

2008fp6f]30 B;UE~ Balance as at 30 June 2008

J&A Income

lillXlil:mllX Grants and Donations

Jl!:lll'J&A Income from investments

;l1;ftil Others

~lii3ltlillli1iii!IIIi(mittlO) Transfers from Capital Reserves (Note 10)

5<:i±l Expenditure

mli~'l'llil:i1*, ;l1;ftil Teaching and Rcsearch Enhancement! Others

'l'lpjj5!llftlil:!/1.iiITflJj~~~ Academic Strength and Niche Area Development

",~ftlil:'l'l.'E~lfrtm~/'l'l.'E~~/~Jl'iIWJ'l'lJl'i Internationalization and Student Exchange Activities I Student Development I Scholarship I Bursary

~lii3 I @) ltlillll.lIIi(mitt23) Transfers from I (to) Capital Reserves (Note 23)

;l1;fl!llll'JI'i~Ii(mitt26) Other inter-fund transfer (Note 26)

1li:ll;~lIlIz1i!~il'!tII Change in exchange reserve

2009fp6f]30B;UE~

Balance as at 30 June 2009

¥Xftftll!;f l§W:

Matching Grant

Received $'000

510,348

108,461

16,531

0

0

124,992

2,212

3,759

1,376

7,347

531

o

628,524

26,766

17,338

0

0

44,104

1,581

3,799

1,778

7,158

32

o

o

665,502

71

~~ 1i'tlfZfflltl: Donations Qualifying ;l!;fI!!mltl:

for Matching Other Grant Donations $'000 $'000

**~ Consolidated

748,126

171,922

35,156

0

0

207,078

9,891

20,215

9,969

40,075

(7,331)

o

907,798

53,533

34,819

0

0

88,352

13,259

25,271

14,414

52,944

2,214

o

o

945,420

139,691

32,247

3,448

2,770

43,236

81,701

41,070

28,761

12,140

81,971

669

1,108

141,198

13,934

3,281

9,536

41,746

68,497

41,313

10,455

6,414

58,182

(6,198)

996

49

146,360

Q Total $'000

1,398,165

312,630

55,135

2,770

43,236

413,771

53,173

52,735

23,485

129,393

(6,131)

1,108

1,677,520

94,233

55,438

9,536

41,746

200,953

56,153

39,525

22,606

118,284

(3,952)

996

49

1,757,282

25. 續募及教資會配對搜款儲備(續)

DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'd)

籌主事及教資會配對撥款儲備之詳細分析:

Furlher analysis of the Donation and UGC Malching Granls Reserves:

2∞7年7月 1日之重編結餘

ßalance as at 1 Ju1y 2007, restated

收入Income

撥款及捐款

Grants and Donalions

投資收入Income from investments

其他Othcrs

轉撥自設備儲備。問設\0)

Transfers from Capital Reserves (Note 1日)

支出Expenditure

推進教學及研究/其他Teaching and Research Enhancement I Others

學術強化及特訂領域發展

Academic Strength and Niche Area Development

國際化及學生交流活動/學生發展/獎學金/助學金

Internationa\izalion and Student Exchange Activitics I Student Development I Scholarship I ßursary

轉撥自川至)設備儲備(附註23)

Transfers froml (to) Capita1 Reserves (Note 23)

區兌儲備之變動差額


2∞8年6月30日之結餘ßalance as at 30 June 2008

收入Income

撥款及捐款

Grants and Donalions


其他Others

轉授自設備儲備(附註l仿

Transfers from Capital Reserves (Note 10)

支出Expenditure

推進教學及研究/其他Teaching and Rcsearch Enhancementl Others

學街強化及特訂領域發展

Academic Strength and Niche Area Deve10pment


Internationa\izalion and Student Exchange Aclivilies I Student Development I Scholarship I ßursary

轉撥自 I(至)設備儲備(附註23)

Transfers froml (10) Capita1 Reserves (Nole 23)

其他資金轉摟(附設26)

Other inter-fund transfer (Note 26)

匯兌儲備之變動差額


2∞9年6月30日之結餘ßalance as at 30 June 2009

符合配對撥款

款資會配對資格之捐款

摟款 Donations Malching Qualifying 其他捐款

Grant for Matching Other 總計

Received Granl Donalions Tota1

$'000 $'000 $'000 $'00。

5 \0,348

\08,461

16,531

。

。124,992

2,212

3,759

1,376

7,347

531

。

628,524

26,766

17,338

。

。44,104

1,581

3,799

1,778

7,158

32

。

。

665,502

71

諒合

Consolidaled

748,126

171,922

35,156

。

。207,078

9,891

20,215

9,969

40,075

(7,331)

。

907,798

53,533

34,819

。

。88,352

13,259

25,271

14,414

52,944

2,214

。

。

945 ,420

139,691 1,398,165

32,247

3,448

2,770

43,236

81,701

41 ,070

28,761

12,140

81 ,971

669

1,108

312,630

55,135

2,770

43,236

413,771

53,173

52,735

23 ,485

129,393

(6,131)

1,108

141,198 1,677,520

13,934

3,281

9,536

41 ,746

68,497

41,313

10,455

6,414

58,182

(6,198)

996

49

94,233

55,438

9,536

41 ,746

200,953

56,153

39,525

22,606

118,284

(3,952)

996

49

146,360 1,757,282

25 . • JJ;&~ftIffiWm~fliIfflli(*I) DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'd)

~~~~~~.$Z~~: Further analysis of the Donation and UGC Matching Grants Reserves:

2OO7~f.7 I'll B Z.mJIj*E~ Balance as at I July 2007, restated

J&A Income

m~&1Il~ Grants and Donations

jj):jliJi!<A Income from investments

;)tft!!. Others

~mi3~$mf$(w.rn:lO) Transfers from Capital Reserves (Note 10)

5i:1:fl Expenditure

mJi~!j!&wml ;)tft!!. Teaching and Research Enhancement I Others

!j!/JI!j5!ll1t&!f'1jiIT\lJI~!lt1m Academic Strength and Niche Area Development

!>J~1~!j!~~lmmil!lJ I !j!~!ltlm I ~!j!sll: Il!IJ!j!sll: Internationalization and Student Exchange Activities I Student Development I Scholarship I Bursary

~mi3 I (¥) ~$.$(w.rn:23) Transfers from I (to) Capital Reserves (Note 23)

2OOBlf6fl30Bm~ Balance as at 30 June 2008

J&A Income

5i:1:fl

m~&1Il~ Grants and Donations

jj):jliJ&A Income from investments

;)tft!!. Others

~mi3~$.$(w.rn:lO) Transfers from Capital Reserves (Note 10)

Expenditure

mJi~!j!&wml ;)tft!!. Teaching and Research Enhancement I Others

!j!/JI!j5!ll1t&!f'1jiIT\lJI~!lt1m Academic Strength and Niche Area Development

!>J~1t&!j!~~lmmil!lJ I !j!~!ltlm I ~~sll: Il!IJ!j!sll: Internationalization and Student Exchange Activities I Student Development I Scholarship I Bursary

~mi3 I (¥) ~$.$(mitt23) Transfers from I (to) Capital Reserves (Note 23)

;)tft!!.jlisll:~m(mitt26) Other inter-fund transfer (Note 26)

2009lf6fl30Bm~ Balance as at 30 June 2009

~~Jj -Matching Grant

Received $'000

510,348

108,461

16,531

0

0

124,992

2,212

3,759

1,376

7,347

531

628,524

26,766

17,338

0

0

44,104

1,581

3,799

1,778

7,158

32

o

665,502

72

mtftlml~ f{l'*Z1IlOtl: Donations Qualifying ;)tft!!.1Il0tl:

for Matching Other Grant Donations $'000 $'000

*~ Universitl::

755,326

171,922

35,156

0

0

207,078

9,891

30,647

9,969

50,507

(933)

910,964

53,533

34,819

0

0

88,352

13,259

22,061

14,414

49,734

620

o

950,202

147,582

32,247

3,357

2,078

43,236

80,918

41,070

23,896

12,140

77,106

669

152,063

13,934

3,214

7,221

41,746

66,115

41,313

11,509

6,414

59,236

(6,198)

996

153,740

.lIt Total $'000

1,413,256

312,630

55,044

2,078

43,236

412,988

53,173

58,302

23,485

134,960

267

1,691,551

94,233

55,371

7,221

41,746

198,571

56,153

37,369

22,606

116,128

(5,546)

996

1,769,444

25. 續募及教資會配對撥款儲備(續)

DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'的

籌募及教賣會都對錢款儲備之詳細分析:

Further analysis of the Donation and UGC Matching Grants Reserves:

2∞7年7月 1日之重編結餘

Balance as at 1 July 2007, reslaled

收入Income

撥款及捐款

Granls and Donations


其他Others

幣投自設備儲備(的註\0)


支出Expendilure

推進教學及關~I其他Teaching and Research Enhancemenll Others

學術強化及特訂領域發展


國際化及康生交流活動/學生發展/獎學金/助學金Inlernationalization and Sludent Exchange Activities I Student Developmenll Scholarship I Bursary

轉撥自 I(至)設備儲備(附詮23)

Transfers froml (to) Capital Reserves (Note 23)


收入Income

撥款及捐款

Grants and Donations


其他Others

轉按自設備儲備(的註l份


支出Expenditure

推進教學及研究/其他Teaching and Research Enhancement I Others

學衛強化及特訂領悟車發展



Interoationalization and Student Exchan且e Activities I Student Development I Scholarship I Bursary

轉撥自 I(至)設備儲備(附設23)

Transfers from I (to) Capital Reserves (Nole 23)

其他資金轉撥(的註26)

Other inter-fund transfer (Note 26)


符合配對被款

敘資會記對資格之謂款

撥款 Donations Matching Qualifying 其他捐款

Grant for Matching Other 總計

Received Grant Donations Total $'000 $'000 $'000 $'00。

510,348

叮|16,531

J 124,992

2,212

3,759

1,376

7,347

531

628,524

26,766

17,338

。

。44,104

1,581

3,799

1,778

7,158

32

。

665,502

72

大學虫也盟!!r

755,326

171,922

35,156

。

。207,078

9,891

30,647

9,969

50,507

(933)

910,964

53,533

34,819

。

。88,352

13,259

22,061

14,414

49,734

620

。

950,202

147,582 1,413,256

32,247 312,630

3,357 55,044

2,078 2，07日

43,236 43,236

80,918 412,988

41 ,070 I I 53,173

23,896 58,302

12,140 23,485

77,106 134,960

669 267

152,063 1,691 ,551

13,934 94,233

3,214 55,371

7,221 7,221

41,746 41 ,746

66,115 198,571

41,313 I I 56,153

11,509 I I 37,369

6,414 I I 22,606

59,236 116,128

(6,198) (5,546)

996 996

153,740 1,769,444

25. .~&~jittwa!f.~.-rm(.) DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'd)

~mmliiXzjf,fSj. Information on pledged donation

~200747 ,FJ 1 B *3tlJ?,Zif,xmi Outstanding amount as at 1 July 2007

1:E*4~B!&Zmif,xsl(z~!&A¥~~fii~£(llftltt7) Amount received during the year recognized in Income and Expenditure Account (Note 7)

1:E*4~B!&Zmif,xsl(z~BA:iI~!&~~Jj(llftltt22) Amount received during the year credited to Deferred Income (Note 22)

~200846,FJ 30 B *JtlJ?,Zif,xmi Outstanding amount as at 30 June 2008

1:E*4~B!&Zmif,xsl(z~!&A¥~~fii~£(llftltt7) Amount received during the year recognized in Income and Expenditure Account (Note 7)

1:E*4~B!&Zt~if,xsl(z~BA:iI~!&~~Jj(llftltt22) Amount received during the year credited to Deferred Income (Note 22)

M : /fiWf!lWffllt9*~mif,x Less : Excess pledges not utilised

~200946,FJ 30 B *JtlJ?,zif,xmi Outstanding amount as at 30 June 2009

73

~-vmmliiX Donations for Capital

Projects $'000

79,804

0

4,661

75,143

o

10,173

470

64,500

*~ University

;ttftgmliiX Other

Donations $'000

387,950

98,740

o

289,210

16,210

o

o

273,000

~ft Total $'000

467,754

98,740

4,661

364,353

16,210

10,173

470

337,500

25. 籌募及教資會配對撥款儲備(續)

DONATIONS AND UGC MATCHING GRANTS RESERVES (Cont'd)

承諾捐款之資料

Information on pledged donation

大學University

設傭捐款

Donations 其他捐款

for Capital Other 總計

Projects Donations Total

$'00。 $'000 $'00。

於2007年7月 1 日未兌現之款額 79,804 387,950 467,754 Outstanding amount as at 1 July 2007

在本年度已收之捐款並於收入報表確認(附註7) O 98,740 98,740 Amount received during the year recognized in Income and Expenditure Account (Note 7)

在本年度已收之捐款並記入遞延收益服項(附註22) 4,661 O 4,661 Amount received during the year credited to Deferred Income (Note 22)

於2008年6月 30日未兌現之款額 75,143 289,210 364,353 Outstanding amount as at 30 June 2008

在本年度已收之捐款並於收入報表確認(附註7) O 16,210 16,210 Amount received during the year recognized in Income and Expenditure Account (Note 7)

在本年度已收之捐款並記入遞延收益脹項(附註22) 10,173 O 10,173 Amount received during the year credited to Deferred Income (Note 22)

減:不需動用的承諾捐款 470 O 470 Less : Excess pledges not uti1ised

於2009年6月 30日未兌現之款額 64,500 273,000 337,500 Outstanding amount as at 30 June 2009

73

26. ;ttft!!.ft. OTHER RESERVES

**~ *~ Consolidated University

$'000 $'000

20071:f.7 f31 S IL.m~ta~ 631,757 585,596 Balance as at 1 July 2007, restated

*1:f.~li~ l37,937 135,666 Surplus for the year

"t3l1:¥~ffiifnllffii(1lf1tt23) (19,847) (17,501) Transfers to Capital Reserves (Note 23)

~~~ilf0 "l'1jpJf1~1*JEfnlIffiiz.~!lW (295) 0 Change in share of statutory reserves of an Associate

lli3tfnllffiilL.~!IiJJ~M 5,331 0 Change in exchange reserve

20081:f.6 f3 30 S IL.~~ 754,883 703,761 Balance as at 30 June 2008

*1:f.~li~ 106,978 109,708 Surplus for the year

"t3l1:¥~ffiifnll.(1lf1tt23) (65,041) (47,421) Transfers to Capital Reserves (Note 23)

~fjgJi3'fl~t3l1(llftti25) (996) (996) Other inter-fund transfer (Note 25)

~~~ilf0"l'1jPJT{~1*JEfnlIffiiz.~!lW 1,884 0 Change in share of statutory reserves of an Associate

lli3tfnllffiilL.~!IiJJ~M (517) 0 Change in exchange reserve

20091:f.6 f3 30 S IL.~~ 797,191 765,052 Balance as at 30 June 2009

74

26. 其他儲備

OTHER RESERVES

綜合大學Consolidated University

$'00。 $'00。

2007年7月 1 日之重編結餘 631 ,757 585,596 Balance as at 1 July 2007, restated

本年度盈餘 137,937 135,666 Surplus for the year

轉撥至設備儲備(附註23) (19,847) (17,501) Transfers to Capital Reserv巴s (Note 23)

於聯營公司所佔法定儲備之變動 (295) O Change in shar巳 of statutory reserves of an Associat巳

體兌儲備之變動差額 5,331 O Change in exchange reserve

2008年6月30日之結餘 754,883 703,761 Balance as at 30 Jun巴 2008

本年度盈餘 106,978 109,708 Surplus for the year

轉撥至設備儲備(附註23) (65,041) (47,421) Transfers to Capital Reserves (Note 23)

其他資金轉撥(附註25) (996) (996) Other interωfund transfer (Not巴 25)

於聯營公司所佔法定儲備之變動 1,884 O Change in share of statutory reserves of an Associate

陸兌儲備之變動差額 (517) O Change in exchange reserve

2009年6月 30日之結餘 797,191 765,052 Balance as at 30 June 2009

74

27. ~1III~A±1¥J3(~ RELATED PARTY TRANSACTIONS

PJf:ff~~*~tt(j[WrfflGji~±~~:Ell!Aji~W~~A±:ff;fljtJtmm{*S"J~:t#zf*~:&mmxm!!lJJ~f1(W<\*!¥S"Jf~{9II :&1iff:tnB115~3~~{'f~]ifT 0 :tEJl:tM3~¥~~ , *~Ed:f~IIWi&mt~~r~ , ~mm~i&mtf!"l.{llZrJjS9--tV5(~ , ~ *~~W:ffmm~A±S95(~omi&mtW*!¥OO~B115~~mm%®~MS9~~:&~ffl~5(~~~°:tn~~W:ffmm ~A±S95(~*~B1Q~:tnll1tff4:&22zi&mttmJ11J~ 0

~J::mt1!r~ , *~:&~IIW!t{i!!:ffmm~A±nJ'[S"J3t~~OT : All transactions including procurement of goods and services as well as donations involving members of the University Council or key management personnel or organisations in which they may have an interest are conducted during the normal course of operation in accordance with the University's regulations and procedures. For the purpose of these financial statements, transactions between the University and Government departments, agencies or Government entities, other than those transactions such as payment of rates and fees etc. that arise in the normal dealings between the Government and the University, are considered as related party transactions. Significant related party transactions during the year principally included Government Subventions as disclosed in notes 4 and 22. In addition, the University and the Group have entered into the following transactions with other related parties:

(a) 1l111!0"Rl Subsidiaries

(i) Wll1tI!0"Rlz3t~ Transactions with subsidiaries

~f17Il1tI!0"RlZljlMi~ffl Program fee paid to subsidiaries

~{t7Il1tI!0"RlZf£t:& Rental paid to subsidiaries

fif~7Il1tJl0"RlzmxJffi!(ll1tff) Contribution to Subsidiaries (Note)

Il1tJlfi0"Rl~{tZ~:f:!I!~ Management fee charged to subsidiaries

Il1tJlfi0"Rl~{tzf£t:& Rental income / occupancy fee charged to subsidiaries

Il1tJm0"Rl~ftzJ~§~1151m~ Project overhead charged to subsidiaries

Il1tJm0"Rl~{tZ~mx;fIj,~, Loan interest charged to a subsidiary

Il1tJlfi0 "Rlf:l~{~~z!t{i!!~ffl Other expenses recharged to subsidiaries

(ii) Il1tJlfi0 "RlJ1!{tmxJJi Amounts due from subsidiaries

(iii) Il1tJlfi0 "RlJ1!J&mxJJi Amount due to a subsidiary

2009 $'000

*~ University

1,249

° 3,940

5,189

1,002

890

5,726

231

1,481

9,330

74,669

6,380

(iv) *~:ff-¥~U~mxTll1tJm0"Rl ' B:tEjf~~fJl~~5'1j , !tf~mx~ljmmt:tnll1tff16 0

2008 $'000

570

30

° 600

1,200

909

4,737

° 825

7,671

74,116

13,891

The University has a loan to a subsidiary which is set out in the balance sheet and terms are set out in note 16.

Il1tJlfi0"RlJ1!f1 / J1!J&mxJJi:Mz~tj£:fItl ' ::fgf;flj,~, ' :tnJ&Jll~OWr1&~~J'[flPf:l~ 0 Jl:tmxJJiB1QJi5:tEll1tff18:&20Z~~ 0

Amounts due from / to subsidiaries are unsecured, non-interest bearing and are repayable on demand. The balances are included in notes 18 and 20 respectively.

75

27. 有關連人士的交易

RELATED PARTY TRANSACTIONS

所有牽涉大學校董會成員或主要管理人員或與該等人士有利益關係的機構之探購及捐款活動均按照大學的條例

及程序於日常業務運作下進行。在此財務報表，大學及集團與政府部門、機關或政府單位之間的一切交易，均

被視為與有關連人士的交易。惟政府與大學問因日常業務關係而支付的差齣及費用等交易除外。於年內與有關

連人士的交易大致已包括於附註4及22之政府補助內。

除上述者外，大學及集團與其他有關連人士訂立的交易如下:

All transactions inc1uding procurement of goods and services as well as donations involving memb巴rs of th巴University Council or key manag巴ment p巳rsonnel or organisations in which they may have an interest are conducted during the normal course of op巴ration in accordanc巴 with th巴 University's regulations and procedures. For th巴 purpos巴 of th巴s巴 financial statements, transactions between the University and Govemment departm闊的， agencies or Governm巴nt entities, other than those transactions such as payment of rates and fees etc. that aris巳 in the normal dealings betw巴巴n the Government and th巴 University, are consid巴red as related party transactions. Significant related party transactions during the year principally inc1uded Government Subventions as disc10sed in not巴s 4 and 22. In addition, the University and the Group have enter巴d into the following transactions with other relat巳dpartìes:

(a) 附屬公司

Subsidiari巴s

(i) 與附屬公司之交易

Transactions with subsidiaries

支付予附屬公司之課程費用

Programf，巴巴 paid to subsidiaries

支付予附屬公司之租金

R巴ntal paid to subsidiaries

提供予附屬公司之款項(附註)

Contribution to Subsidiaries (Note)

附屬公司支付之管理費

Management fee charged to subsidiari臼

附屬公司支付之租金

Rental income / occupancy fee charged to subsidiari臼

附屬公司支付之項目經常開支

Project overhead charged to subsidiaries

附屬公司支付之貸款利息

Loan interest charged to a subsidiary

附屬公司償還代支之其他費用

Other expenses recharged to subsidiaries

(ii) 附屬公司應付款項

Amounts due from subsidiaries

(iii) 附屬公司應收款項

Amountdu巴 to a subsidiary

2009 $'00。

大學University

1,249

O

3,940

5,189

1,002

890

5,726

231

1,481

9,330

74,669

6,380

(如)大學有一筆無擔保貸款予附屬公司，已在資產負債表呈列，其條款則概述於附註16 。

2008 $'00。

570

30

O

600

1,200

909

4,737

。

825

7,671

74,116

13,891

The University has a loan to a subsidiary which is set out in the balance sheet and terms are set out in note 16.

附屬公司應付/應收款項並無揖押，不計利息，於收到知會後須立即償還。此款項己包括在附註18及20之結餘 o

Amounts due from / to subsidiari巴s ar巴 unsecur巴d， non-int巴rest b巴aring and are repayable on demand. The balances are inc1uded in notes 18 and 20 respectively.

75

27. :ff1m~A±I¥J~~(*I) RELATED PARTY TRANSACTIONS (Cont'd)

(b) ~~;g0Pj An Associate

(i) 1JE~~;g01'tJJ&:Jf',Z~JBt~ Dividend received from an Associate

(ii) W~~;g0Pj~3t~ Transactions with an Associate

3Z:{'.tT~~;g01'tJ~fll~! ~{ili.Jtl Rental! other fee paid to an Associate

(c) ::t~~:EI}'J~S"JllIH~ Key management personnel compensation

jjT~:&~®?,'ffW!$ji m;fU Salaries and other short-term employee benefits

JiME~t!iHU Post employment benefits

!ffflft : Note:

2009 $'000

*~ University

2,299

$l1-ft.&*lf.l

2008 $'000

2,280


636 538

37,052 37,069

3,015 2,798

40,067 39,867

~OO-f4 *S"JWf~5f!PJUJM!l¥P9Jtg~¥I:='ft.lVtI ' :(£-:!J[.~*~~mmxS"J:SZ:~~ , ;fXmWr~2007 ~1JJt!tWt~:u:W 1if4 *.~*~Il% ' :Mz~~Il%:(£l¥jf:l>S"J~~:(£l¥jr9>~:U: -=r0 Pj-Ji'1Hmw1if4 *.~*Wf~1l% 0 f4*PJm~* ~~mmx~Jtt-=r0Pjm{jl;;g3ijl~ 0 ~.~*Wf~Il%5'i- ' f4*:(£~;I;J111!1[tli*~II~~~~#J[~~~-OO-T0Pj -w1if4~*~~;I;JJ[Wf~Il%' ~;g3ijl~*gjf4*;;lF~jlWrjl~ 0

In connection with a donation from Fok Ying Tung Foundation; and to extend the research capability of the University to Pearl River Delta, Mainland China, the University's Council has approved the establishment of the HKUST Fok Ying Tung Graduate School (FYTGS) in early 2007. For the activities of the FYTGS in Nansha, the University has established a subsidiary, the Guangzhou HKUST Fok Ying Tung Research Institute (FYTRI) in Nansha, Guangzhou. The University contributed the required operating fund to this subsidiary out of the donation of the Fok Ying Tung Foundation. Apart from FYTRI, the University operates a subsidiary in Shenzhen, Mainland China, the HKUST Shenzhen Research Institute (SRI), under the Shenzhen Virtual University Park initiative. Contribution was made out of the University's non-UGC funds to support the operation of SRI.

76

27. 有關連人士的交易(續)

RELATED PARTY TRANSACTIONS (Cont'd)

(b) 聯營公司

AnAssociat巳

(i) 從聯營公司收取之股息

Dividend received from an Associate

(ii) 與聯營公司之交易

Transactions with an Associate

支付予聯營公司之租金/其他費用

Rental/oth巴r fee paid to an Associate

(c) 主要管理人員的酬金

K巴y management personnel compensation

薪金及其他短期僱員福利

Salaries and other short-term 巴mployee benefits

離職福利

Post employment b巴n巴fits

/f(j /ft : Note:

2009 $'000

大學旦坐坐坐

2,299

2008 $'00。

2,280

錦合及大學


636 538

37,052 37,069

3,015 2,798

40,067 39,867

為將科大的研究強項擴展至內地珠江三角洲，在一項霍英東基金捐款的支持下，校蓋會於2007年初批准成立香

港科大霍英東學院，並為學院在南沙的業務在南沙成立子公再一廣州市香港科大霍英東研究院。科大以霍英東

基金捐款為此子公司提供營運資金。除霍英東研究院外，科大在深圳虛擬大學園之下於深圳另設有一問子公再

一香港科技大學深圳研究院，其營運資金來自科大非教資會資金。

In connection with a donation from Fok Ying Tung Foundation; and to extend the r巴search capability of the University to Pearl River De1ta, Mainland China, the University's Council has approved th巴巴stablishment of the HKUST Fok Ying Tung Graduate School (FYTGS) in early 2007. For th巴 activities of the FYTGS in Nansha, the University has established a subsidiary, the Guangzhou HKUST Fok Ying Tung Research Institute (FYTRl) in Nansha, Guangzhou. The University contributed the required op巴rating fund to this subsidiary out of the donation of the Fok Ying Tung Foundation. Apart from FYT缸， th巴 University operates a subsidiary in Shenzhen, Mainland China, the HKUST Sho巴nzhen Research Institut巳 (SRI) ， under the Shenzhen Virtual University Park initiativ巴. Contribution was made out of the University's non-UGC funds to support the operation of SRI.

76

28. jf(mf COMMITMENTS

(a) jj'::<js:;if;it

(b)

Capital Commitments

j))T~(tU*1nM~*~i'Fl±I~ffljzjj'::<js:;if;it : Outstanding capital commitments not provided for in the financial statements were as follows:

mHt'J Contracted for

BJlff'ililliiE!(tU**k0 Authorised but not contracted for

B*k0 Contracted for

BJlff'ililliiE! (tU**k0 Authorised but not contracted for

J:~1n2009if6fl30B z;if;ttl¥.Jjj'::<js:*ll!! : Funding support for the outstanding capital commitments as at 30 June 2009:

l!!i~*~;!tft!ljj'*z~~ Amounts to be financed by University's Resources

B~~~~AM~ff!n~jj'~m~m~~ffljz~M Amounts recognized as Income and retained as UGC Block Grant Reserves

lm~1Jt;!tft!l~ffljrp0-l!az~M Other amounts representing other reserves to be allocated

B~M&J!!!t1n~~J\li1n2009if6fl30Bz~M Amounts received and reflected as deferred income as at 30 June 2009

~jj'~B~ltiE!*J&¥tlzm~~M Amounts in respect of UGC Grants approved but not yet received

ffl~tii!riz~M Amounts pledged by donors

1t~Z;if;it Operating Lease Commitments

**,g. Consolidated

$'000

113,374

392,419

84,110

1,504,315

53,800

2,148,018

** University

$'000

113,374

297,327

84,110

1,504,315

53,800

2,052,926

(i) ~~6fl30Bll:' ~I!'Jl1n1'11JlI&$i1I1till!mk0zf~~Tffi*5EZB{&*{!&m.M~~;jt{1D T: As at 30 June, the Group had future aggregate minimum lease payments under noncancellable operating leases as follows:

~ifpg In the first year

m2~m5ifpg In the second to fifth years inclusive

(ii) ~~6fj30Bll:' ~I!'JlJm1H11JlI&$i1I1till!m.zB1~b'l~{!&ffl.~A~MDT : As at 30 June, the Group had future aggregate minimum lease income under noncancellable operatiing leases as follows:

~ifpg In the first year

m2~m5ifpg In the second to fifth years inclusive

77

2009 $'000

**~ Consolidated

408,100

1,739,918

2,148,018

** University

322,126

1,730,800

2,052,926

~

2008 $'000

184,406

175,875

360,281

184,406

62,680

247,086

Consolidated

11,718 10,159

10,899 5,034

22,617 15,193

12,483 17,851

5,932 7,194

18,415 25,045

28. 承擔

COMMITMENTS

(a) 資本承擔Capital Commitments

以下為街采於財務報表作出準備之資本承擔:

Outstanding capital commitments not provided for in 由e financial statements were as follows:

已簽約Contracted for

已獲授權但尚未簽約

Authorised but not contracted for

已簽約Contracted for

已獲授權但尚未簽約

Authorised but not contracted for

上述於2∞9年6月 30日之承擔的資本來源:

Funding support for the outstanding capital commitments as at 30 June 2009:

獨自大學其他資本之金額

Amounts to be financed by University's Resources

日確認為收入並留存於教資會整筆撥款儲備之金額

Amounts recognized as Income and retained as UGC Block Grant Reserves

將會從其他儲備中分配之金額

Other amounts representing other reserves to be allocated

已收並反映於遞延收益於20ω年6月 30日之金額

Amounts received and reflected as deferred income as at 30 June 2009

教資會已批但未收到之撥款金額

Amounts in resp凹t of UGC Grants approved but not yet received

捐獻者承諾之金額

Amounts pledged by donors

綜合大學

ConsoIidated University $'000 $'00。

113,374 113,374

392,419 297,327

84,110 84,110

1,504,315 1,504,315

53,800 53,800

2,148,018 2,052,926

(b) 營運租約之承擔Operating Lease Commitments

。)截至6月 30日止，集團於不可撤銷營運租約之條款下所簽定之日後最低租貨付款合共如

下:As at 30 June, the Group had future aggregate minimum lease payments under noncancellable operating leases as follows:

當年內

1n the first year

第2至第5年內1n the second to fifth years inc1usive

(ii) 截至6月30日止，集團擁有不可總銷營運租貧之日後最低租質收入合共如下:

As at 30 June, the Group had future aggregate minimum lease income under noncancellable operatiing leases as follows:

首年內

戶LV

V.-S Hu nLV n s r au OLW VJ 抽

aH

缸

|ω

珊，話-M

t

年aO

嚕。

A14ρiv

E53 1

第

1ι

伽扭伽

h

第h

77

。。的m

ω叫一

2

配wv-

OJnHV、PAO

恥moo

勻血配wv-

綜合

ConsoIidated

184,406 408,100

1,739,918 175,875

大學

2,148,018 360,281

一一University

322,126

1,730,800

184,406

62,680

2,052,926 247,086

一一

綜合

ConsoIidated

11,718

10,899

10,159

5,034

22,617 15,193

一一

12,483

5,932

17,851

7,194

18,415 25,045

一一

28. ~.(It) COMMITMENTS (Cont'd)

(i) ~;g7\J=I~+Bll:' *"'1k1'1'lJffl'X~f,f~;z{i,1'i~TFIi*5E;ZB{&i!ll:11W1]t{1~il-MD T: As at 30 June, the University had future aggregate minimum lease payments under noncancellable operating leases as follows:

tlij'.pg In the flrst year

m2;gmsij'.pg In the second to flfth years inclusive

(U) *"'P).m11!!m~ml±ltJ(pgm~':NH'll' ~;g7\J=I:=O+Bll: ' *"'li1!~:f11Jffl'X~f,fn]t;Z B{&i!ll:{lWl]tJ&Ail-;ti<~DT : The University leases surplus on-campus accommodations to outsiders at commercial market rent. As at 30 June, the University had future aggregate minimum lease income under non-cancellable operating leases as follows:

tlij'.pg In the flrst year

m2;gmsij'.pg In the second to flfth years inclusive

29. m~ TAXATION

*,.,m~wll!ifjU%{i,1'i{9~m88{i,1'im5EJ,!U1tHMm~ , IZSIJIt:fflif11pl±lfiVli 0

2009 $'000

*f!J! University

8,838

10,688

19,526

12,068

5,932

18,000

No taxation is provided as the University is exempt from taxation by virtue of Section 88 of the Inland Revenue Ordinance.

30. ~*ltH1!I!. CAPITAL RISK MANAGEMENT

2008 $'000

4,726

2,468

7,194

17,756

7,194

24,950

~~~*"'~~~~~VIi~~'~~~~.~VIi'.~~~~~~~fi~~VIi'~~~VIi~~~m~~~~~'~~VIi~m~~~m5E§~~ ~:l1: ' !lflll!f7U~[lf>j-ltt23;g26pg 0 ~~~*"'~§~~jlj1;M,@$Ii)~~P).~il-~il'll~*,.,m:tEU*f,fj)J!5i:l±lflif~ , ~~~*,.,~~till'fim,;~Dttij'.JIltii~Qlz~o

The Group's and the University's funds consist of Capital Reserves, UOC Block Grant Reserves, Donations and UOC Matching Grants Reserves, Other Reserves and Investment Revaluation Reserve, which are set up for various designated purposes as described in notes 23 to 26. It is the Group's and the University's objective to maintain sufficient reserves to support the Group's and the University's current and future operating expenditure requirements. The Group's and the University's overall strategy remains unchanged from prior year.

78

28. 承擔(續)

COMMITMENTS (Cont'd)

(i) 截至六月三十日止，大學於不可撤銷營運租約之條款下所簽定之日後最低租貨付款合共如

下:As at 30 June, the University had future aggregate minimum lease p且yments under noncanceIIable operating leases as foIIows:

當年內

1n the frrst year

第2至第5年內In the second to fifth years inclusive

(ii) 大學以市值租金租出校內宿舍予外界，截至六月三十日止，大學擁有不可撤銷營運租賞之

日後最低租貨收入合共如下:τhe University leases surplus on-c由npus accommodations to outsiders at commercial market rent. As at 30 June, the University had future aggregate minimum lease income under non-canceIIable operating leases as foIIows:

當年內

In the frrst year

第2至第5年內1n the second to fifth years inclusi ve

29. 稅項

TAXATION

大學根據香港稅務條例第88條之規定獲豁免緻付稅項，因此不需作出撥備。

2009 2008 $'000 $'00。

大學University

8,838

10，68日

19,526

12,068

5,932

18,000

4,726

2,468

7,194

17,756

7,194

24,950

No taxation is provided as the University is exempt from taxation by virtue of Section 88 of the Inland Revenue Ordinanc祖.

30. 資本風險管理

CAPITAL RISK MANAGEMENT

集間及大學的資金由設備儲備、教資會童基筆儲備、告書募及教資會配對且當款儲備、其他儲備及投資重佑儲備組成，該等儲備是為著各樣指定目的而

設立，並詳列於附註23至26內。集團及大學的目標是保持足夠儲備以配合集國及大學現在及將來彎道支出需要，集團及大學的整體策略如往年一般沒有改變。

The Group's and the University's funds consist of Capital Reserves, UGC Block Grant Reserves, Donations and UGC Matching Grants Reserves , Other Reserves and 1nvestment Revaluation Reserve, which are set up for various designated purposes as described in notes 23 to 26. It is 血e

Group's and the University's objective to maintain sufficient reserves to support the Group's and the University's current and fu仙re operating expendi個re requirements. 叮le Group's and the University's overaII strategy remains unchanged from prior year.

78

31. 3flIltI~ FINANCIAL INSTRUMENTS

31(a) 3flIltI~~ CATEGORIES OF FINANCIAL INSTRUMENTS

M~9Jjlgg Financial Assets

~mx&JJ!J&~,x( {gfJlifJ!~& ~ Iq]fJ!~) Loans and Receivables (including Cash and Cash Equivalents)

"i1Jf;t!;I:B~M~jlgg Available-for-Sale Financial Assets

M'~Ju:M EI M~jlgg He1d-to-Maturity Financial Assets

M~j'rj:fJi Financial Liabilities

Jlt~UfflG* Amortised cost

M~jlgg

Financial Assets

~mx&JJ!J&~,x( {gfJlifJ!~& ~ Iq]fJ!~) Loans and Receivables (including Cash and Cash Equivalents)

"i1Jf;t!;I:B~M~%jlgg Available-for-Sale Financial Assets

M'~Ju:M EI M~%jlgg Held-to-Maturity Financial Assets

M~:irl.fJi Financial Liabilities

Jlt~fflG* Amortised cost

79

2009 2008 $'000 $'000

**tt Consolidated

3,302,355 3,243,236

887,452 978,957

372,863 169,251

113,543 108,819

*~ University

3,189,727 3,172,530

886,452 977,957

372,863 169,251

110,849 119,460

31. 金融工具

FINANCIAL INSTRUMENTS

31(a) 金融工具分類

CATEGORIES OF FINANCIAL INSTRUMENTS

財務資產

Financial Assets

貸款及應收款(包括現金及等同現金)

Loans andR巴ceivabl巳s (including Cash and Cash Equivalents)




He1d-to-Maturity Financial Ass巴ts

財務負債

Financial Liabilities

攤銷成本

Amortised cost

財務資產

Financial Assets

貸款及應收款(包括現金及等同現金)

Loans and Receivables (including Cash and Cash Equivalents)



持軍到期日財務資產


財務負債

Financial Liabilities

攤銷成本

Amortised cost

79

2009 2008 $'000 $'00。

綜合

Consolidated

3,302,355 3,243 ,236

887,452 978 ,957

372,863 169,251

113,543 108,819

大學University

3,189,727 3,172,530

886,452 977,957

372,863 169,251

110,849 119,460

31.

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31. FINANCIAL INSTRUMENTS (Cont'd)

31(b) FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES

The Group's and the University's major financial instruments include accounts receivable, bank deposits, investments (including held-to-maturity financial assets and available-for-sale financial assets), cash and cash equivalents and accounts payable. Details of these financial instruments are disclosed in the respective notes. The risks associated with these financial instruments and the policies on how to mitigate these risks are set out below. The management manages and monitors these exposures to ensure appropriate measures are implemented on a timely and effective manner.

Price risk

The Group and the University are exposed to equity price risk mainly for its investments in equity funds managed by fund managers. This risk is monitored and managed by overall asset allocation.

Foreign currency risk

The Group and the University are exposed to foreign currency risks primarily arising from its United States dollars ("USD") equity and fixed income investments that are managed by fund managers. As USD is pegged to the Hong Kong dollars (" HKD "), the Group and the University considers risk of movements in exchange rates between the HKD and USD to be insignificant.

In respect of investment and bank balances denominated in other currencies, the fund managers monitor and manage foreign currency exposure by entering into forward foreign currency contracts to reduce exposure where necessary.

As at 30 June 2009, the percentage of financial assets denominated in currencies other than HKD and USD to total assets is 1 % (2008: 1 %).

Interest rate risk

The Group and the University are exposed to fair value interest rate risk in relation to its fixed deposits and fixed income investments. As the fixed deposits usually mature within three to six months, the risk exposure is considered not material. For fixed income investments, the fund manager employs a relative value strategy to determine the tradeoff between risk and return and monitors the risks by maintaining the portfolio's duration within a narrow band to the benchmark.

80

31. 金融工具(續)

31(b) 財務風險管理自標及政策

本集團及大學之主要金融工具包括應收眼款、定期付款、投資(包括持至到期及可

快出售資產)、現金及等同現金和應付帳

項。該等金融工具之詳情披露於有關附

註。與這些金融工具相關之風險以及有關

減低該等風險之政策載於下丈。管理層監管該等風臉，確保能及時和有效採取適當

措施。

買辦2協會

集團及大學面對之價格風險主要來自基金

經理管理之股票基金投資的入市價風險。

此風險是以資產分配限制來監管。

你虛局在會

集團及大學面對之外幢風險主要來自基金

經理所投資於以美元計值之股票及固定收益組合。但因美元與港元掛鉤，集團及大學預期美元與港元揖率變化不大。

而有關以其他外幣計值之投資，則由基金

經理負責監察及管理外幣風險，並在有需

要時訂立遠期外腫合約以減低風險。

於2009年6月 30日，以港元或美元以外計值的金融資產值約佔總資產值的問(2008

年為1%) 。

f(j事VJf{，驗

集團及大學需承受由定期存款及關定收入

投資所崖生的公允值利率風險。國定期存款通常在三個月至六個月內到期，所以其

風險不高。而固定收益投資方間，基金經

理採用相對價值策略以決定風險及回報之

間的取捨。同時，亦會把組合的投資時段

維持於墓準範圍之內，只容許些微偏差。


31(b) FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES

The Group's and th巴 University's major financia1 instruments include accounts rec巴ivab1e， bank deposits, investments (including held-to-maturity financial ass巴ts

and available-for-sale financial assets), cash and cash equivalents and accounts payable. Details of these financial instruments are disc10sed in the respective notes. The risks associated with these financial instruments and the policies on how to mitigate th巴serisks are set out below. The manag巳ment manages and monitors thes巴 exposures to ensure appropriate measures are implemented on a timely and effective manner.

Price risk

The Group and the Univ巴rsityar巴巴xpos巴d to equi勾rpricerisk mainly for its investments in 巴quity funds managed by fund managers. This risk is monitored and managed by overall asset allocation.

Foreign currency risk

The Group and th巴 University ar巴巴xposed to foreign cu叮ency risks primarily arising from its United Stat的

dollars (“USD") equity and fixed income investments that are managed by fund managers. As USD is pegged to the Hong Kong dollars (“ HKD "), the Group and the University considers risk of movements in 巴xchange rates b巴tween the HKD and USD to be insignificant.

In respect of investment and bank balanc巳s d巴nornínated

in other currenci郎， the fund managers monitor and manage foreign curr巴ncy exposure by entering into forward foreign currency contracts to reduce exposur巴wherenec巴ssary.

As at 30 June 2009, the percentage of financial assets denominated in currencies other than HKD and USD to total assets is 1 % (2008: 1 %).

Interest rate risk

The Group and the University are exposed to fair value inter巴st rate risk in relation to its fixed deposits and fixed income investments. As the fixed deposits usually mature within three to six months, the risk 巴xposure is considered not material. For fixed incom巴 investments，

the fund manager employs a relative value strat巴gy to determine th巳 tradeoff between risk and return and monitors the risks by maintaining the portfolio's duration within a narrow band to the b巴nchmark.

80

31.

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31.

81

FINANCIAL INSTRUMENTS (Cont'd)

Sensitvity analysis

The sensitivity analysis below have been determined based on the Group's and the University's exposure to interest rates for its fixed deposits and fixed income investments at the balance sheet date.

If interest rates had been 50 basic points higher / lower, with all other variables were held constant:

• the Group's and the University's surplus for the year ended 30 June 2009 would increase / decrease by approximately $15.4 million and $15.1 million respectively (2008: $15.4 million and $15.2 million). This is mainly attributable to the Group's and the University's exposure to interest rates on its fixed deposits; and

• the Group's and the University's investment revaluation reserve would increase / decrease by approximately $18.5 million (2008: $18.3 million), mainly as a result of the changes in the fair value of available-for-sale fixed income investments.

Credit risk

The Group's and the University's principal financial assets are cash and cash equivalents, bank deposits, accounts receivable, held-to-maturity financial assets and available-for-sale financial assets, which represent the Group's and the University's maximum exposure to credit risk in relation to financial assets.

The Group's and the University's credit risk are primarily attributable to its accounts receivable. The amounts represented in the consolidated balance sheet are net of allowances for doubtful receivables, estimated by the Group's and the University's management based on past experience and their assessment of the current economy.

The credit risk on cash and cash equivalents and bank deposits is limited because the counterparties are banks with high credit-ratings assigned by international creditratings agencies. All held-to-maturity financial assets and available-for-sale financial assets are of investment grade and investments are managed by experienced fund managers who are selected and monitored by the Finance Committee.

The Group and the University have no significant concentration of credit risk, with exposure spread over a large number of counterparties.


級癌晨三步功于

下列敏感度分析是根據集團及大學於結算日就定期存款及固定收益投資所面對之利率風險來計算的。

假設其他可變動項目保持不變，倘利率上

升或下跌50個基點:

. 集團及大學之2009年6月 30 日止年度盈餘會因定期存款利率變動而增加/

減少分別約 15，400，000元及 15，100，000元(2008年為的，400，000元及時，200，000元) ;及

. 集團及大學之投資重估儲備亦會因可f共出售固定收入投資之公允個變動而

增加/減少約18，500，000元(2008年為18 ，3∞，000元)。

S至于」戒嚴

集團及大學之主要財務資產為現金及等同現金、定期存款、應收眼款、持至到期日

財務資產及其他投資，該等為集團及大學所承受最大幅度之信貸風險。

集團及大學之借貸風險主要來自應收眼款。結算日金額為呆脹準備後淨額，由集

團及大學管理層根據過往經驗及經濟現況作出評估。

國對手均為國際信貸機構給予高評級之銀

行，所以現金及等同現金和定期存款之信

貸風險有限。持至到期日財務資產及可供

出售財務資產均為投資級別，而其他投資

，經由財務委員會挑選及監察之下具豐富經驗之投資經理所管理。

集團及大學並無過度集中借貸風險，因擁

有多名對手，可分散風險。


81

Sensitvity analysis

Th巴 sensitivity analysis b巴low have been determined based on the Group's and the Univ巴rsity's exposure to inter巴st rates for its fixed deposits and fixed incom巴investments at the balanc巴 sheet date.

If interest rat巴s had been 50 basic points higher / low巴Lwith all other variables w位巴 he1d constant:

• the Group's and the University's surplus for th巴 year

巳nded 30 Jun巳 2009 would increase / decreas巴 by

approximately $15 .4 million and $15.1 million respectively (2008: $15 .4 million and $15.2 million). This is mainly attributable to the Group's and the Univ巴rsity's exposure to interest rat巴s on its fixed deposits; and

. the Group's and the University's investment r巴valuation res巴rve would increase / decreas巴 by

approximately $18.5 million (2008: $18.3 million) , mainly as a result of the changes in the fair value of available-for-sale fixed income investments.

Credit risk

The Group's and the University's principal financial ass巴ts are cash and cash equivalents, bank deposits, accounts receivable, he1d四to-maturity financial assets and avai1able-for-sale financial assets, which represent the Group's and the University's maximum exposure to credit risk in relation to financial assets.

The Group's and the University's credit risk are primarily attributable to its accounts receivable. The amounts represented in the consolidated balance sheet are net of allowances for doubtful receivables, estimated by the Group's and the Univ巴rsity's management based on past experi巴nce and their assessment of th巳 current economy.

The credit risk on cash and cash equivalents and bank d巴posits is limited because th巴 counterparties are banks with high credit-ratings assigned by int巴rnational credit開

ratings agenci的. Allheld.也o-maturity financial assets and available四for-sale financial assets are of investment grad巴and investments are managed by experienced fund managers who are selected and monitored by the Finance Committ巴巴.

Th巴 Group and the University have no significant concentration of credit risk, with exposure spread ov巳r a large number of counterparti巴s.

31.

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31(c) 0:ftff

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~j[fr~~,m.~~*tt~irM~~~ l1c~z~llljl~:&~Ill~{.S"J~®{@:W~ 0ft1@::.f'Ej;s' 0


Liquidity risk

The Council considers that liquidity risk is limited as the Group's and the University's liabilities are within six months from respective balance sheet dates. To manage the liquidity risk, the Group and the University monitor and maintain a level of cash and cash equivalent to fulfill the normal liquidity needs.

31(c) FAIR VALUE

The fair value of financial assets and financial liabilities are determined as follows:

• the fair value of financial assets with standard terms and conditions and traded on active liquid markets are determined with reference to quoted market bid prices; and

• the fair value of other financial assets and financial liabilities are determined in accordance with generally accepted pricing models based on discounted cash flow analysis or using prices from observable current market transactions.

The Council considers that the carrying amounts of financial assets and financial liabilities recorded at amortised cost in the financial statements approximate their fair value.

82


游戲貫主金周互會

本集團及大學的負債到期日為結算日後半

年內，故此校蓋會認為流動資金風險僅屬

有限。管理流動資金風險方面，本集團及

大學會監察及維持現金及現金等值項目於

管理層視為充足的水平，以應付日常營運

所需，並可減少現金流量波動之影響。

31(c) 公允值

金融資產及金融負債的公允值之贊定基準

如下:

. 符合規條而叉於活躍流通市場買賣之金融資產的公允值，乃參考市場報價

釐定;及

. 其他金融資產租金融負債的公允值，乃按貼現現金流量之定價模式或依據

觀察所得之現行市場交易價格釐定。

校蓋會認為，按攤銷成本在綜合財務報表

記眼之金融資產及金融負債的眼面值與其

公允值相若。


Liquidity risk

The Council consid巳rs that liquidity risk is limited as the Group's and the University's liabiliti巴s are within six months from respective balanc巴 sheet dates. To manage the liquidity risk, the Group and the University monitor and maintain a level of cash and cash equivalent to fulfill the normalliquidity needs.

31(c) FAIR VALUE

The fair value of financial assets and financial liabiliti巳sare determined as follows:

• the fair value of financial ass巳ts with standard terms and conditions and traded on active liquid markets are det巴rmined with reference to quoted market bid prices; and

• the fair value of other financial assets and tinancial liabiliti巴s are determined in accordance with generally accepted pricing mode1s based on discounted cash flow analysis or using prices from observable current market transactions.

The Council considers that the carrying amounts of financial assets and financial liabilities recorded at amortised cost in the financial statements approximate their fair value.

82

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~~~~~~~m.~~M~~~~~ ~B~~m~~ ••• ,.~~*~~ ~B.&~~g:1J~~~¥uMI¥J ' ~Umw~11S ~~¥uM E3 Mr%.~1~. 0 ~wp1ii;\ft~ ••• ~1§t1i1mw~11Sf~~¥uM B f~. ~1~{~~ , ~:flI!M~~1'FteID:**UlIT 0 tztJ**~gW.~~*~~:a~B~ ~~g :1J~~;\ft!f,f~~.~¥UM B 1'F1:B~.1¥J *UlIT ' PJ~gWr~~~1if~.*J3.i1$fBtID: !ilJTliw!j!~U~PJ{;!tiI:B~f~.Mr% •• 0

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32. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS

In determining the carrying amounts of some assets and liabilities, the Group and the University make assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. These estimates involve assumptions about such items as risk adjustment to cash flows or discount rates used, future changes in salaries and future changes in prices affecting other costs. The Group's and the University's estimates and assumptions are based on historical experience and expectations of future events and are reviewed periodically. In addition to assumptions and estimations of future events, judgments are also made during the process of applying the Group's and the University's accounting policies.

Held-to-maturity financial assets

Non-derivative financial assets with fixed or determinable payments and fixed maturity are classified as held-to-maturity financial assets if the Group and the University have the intention and ability to hold them until maturity. In evaluating whether the requirements to classify a financial asset as held-to-maturity are met, management make significant judgements. Failure in correctly assessing the Group's and the University's intention and ability to hold specific investments until maturity may result in reclassification of the whole portfolio as available-for-sale financial assets.

Allowances for bad and doubtful debts

The provision policy for bad and doubtful debts of the Group and the University are based on the evaluation of collectibility and aging analysis of accounts and on management's judgment. A considerable amount of judgment is required in assessing the ultimate realisation of these receivables, including the current creditworthiness and the past collection history of each customer. If the financial conditions of customers of the Group and the University were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

83

32. 主要會計估計及判斷

在釐定部分資產和負債的眼面金額時，

集團及大學就不確定的未來事件對於資產負債表日該等資產和負債的影響作出

了假設。這些估計涉及對現金流量風險

調整或貼現率、未來薪金變動和影響其

他成本的價格未來變動的假設。集團及

大學根據過去的經驗和對未來事件的預

計作出估計和假設，並定期覆檢。除對

未來事件的假設和估計外，集團及大學

採用會計政策時亦需要作出判斷。

其于存至路軍'1]1皆賞

就持有的固定或可確定的付款和固定到

期日的非衍生金融資產，集團及大學如有意及有能力持有至到期的，則歸類為

持至到期日財務資產投資。在評估某金

融資產是否符合歸類為持至到期日投資

的條件時，管理層需要作出重大判斷。

如果未能對集團及大學是否有意及有能

力持有某特定投資至到期日作出準確的

判斷，可能會導致整個投資組合需被重

新歸類為可供出售投資財務資產 o

果草草艘潛結

本集團及大學之呆壞脹撥備政策是根據

對收回款項之可能性之評估、提戶之員長

齡分析及管理層之判斷作出。在評估該

等應收款項之最終變現時需要作大量判

斷，包括每名客戶之現時信譽及過往收

款紀錄。倘本集團及大學客戶之財務狀況惡化，會損壞其還款能力，因而有可

能需要額外撥備。

32. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS

In determining the carrying amounts of some assets and liabi1ities, the Group and the University make assumptions of the effects of uncertain future events on those assets and liabi1ities at the balance sheet date. These estimates involve assumptions about such items as risk a吐justment to cash flows or discount rates used, future changes in salaries and future changes in prices affecting other costs. The Group's and the University's estimates and assumptions are based on historical experience and expectations of future events and are reviewed periodically. In addition to assumptions and estimations of future events , judgments are also made during the process of applying the Group's and the University's accounting policies.

Held-to-maturity financial assets

Non-derivative financial assets with fixed or determinable payments and fixed maturity are classified as held-to-maturity financial assets if the Group and the University have the intention and ability to hold them until maturity. In evaluating whether the requirements to classify a financial asset as he揖-to-maturity are m帥，management make significant judgements. Pailure in correctly assessing the Group's and the University's intention and abi1ity to hold specific investments until maturity may result in reclassification of the whole portfolio as available-for-sale financial assets.

Allowances for bad and doubtful debts

The provision policy for bad and doubtful debts of the Group and the University are based on the evaluation of collectibility and aging analysis of accounts and on management's judgment. A considerable amount of judgment is required in assessing the ultimate realisation of these receivables, including the current creditworthiness and the past collection history of each customer. If the financial conditions of customers of the Group and the University were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required.

83

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