83
HKUST 2011-2012 Annual Report
CONSOLIDATED STATEMENT OF
COMPREHENSIVE INCOME
FOR THE YEAR ENDED 30 JUNE 2012
2012
$million
2011
$million
Income
Government Subventions and Grants
1,687
1,701
Tuition, Programmes and Other Fees
739
672
Interest and Investment Income, net
19
343
Donations and Benefactions
27
39
Auxiliary Services and Other Income
276
281
Transfers from Capital Reserves
168
150
2,916
3,186
Expenditure
Learning and Research
Instruction and Research
1,924
1,754
Library
87
79
Central Computing Facilities
96
80
Other Academic Services
70
55
2,177
1,968
Institutional Support
Management and General
170
155
Premises and Related Expenses
476
387
Student and General Education Services
166
140
Other Activities
31
31
843
713
3,020
2,681
(Deficit) / Surplus from operation for the year
(104 )
505
Share of Result of an Associate
3
4
(Deficit) / Surplus for the year before taxation
(101 )
509
Taxation
0
0
(Deficit) / Surplus for the year after taxation
(101 )
509
Other comprehensive (loss) / income for the year
Unrealised (loss) / gain on Available-for-Sale Financial Assets
(2 )
3
Transfer from Capital Reserves to consolidated statement of comprehensive income
(168 )
(150 )
Exchange differences arising from retranslation
2
10
Change in share of statutory reserves of an Associate
0
1
(168 )
(136 )
Total comprehensive (loss) / income for the year
(269 )
373
Transfers to / (from):
Capital Reserves
(167 )
(145 )
University Grants Committee ("UGC") Block Grant Reserves
(153 )
61
Donations and Matching Grants Reserves
(48 )
236
Other Reserves
101
218
Investment Revaluation Reserve
(2 )
3
(269 )
373
