HKUST Annual Report 2018-19

74 ANNUAL REPORT 2018-19 Appendices CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2019 2019 $million 2018 $million Income  Government Subventions and Grants 2,632 2,550  Tuition, Programs and Other Fees 1,384 1,246  Interest and Investment Income 348 554  Donations and Benefactions 62 60  Auxiliary Services and Other Income 449 416  Transfers from Deferred Capital Funds 257 235 5,132 5,061 Expenditure Teaching, Learning and Research  Teaching and Research 2,994 2,836  Library 124 113  Central Computing Facilities 140 126  Other Academic Services 104 98 3,362 3,173 Institutional Support  Management and General 386 333  Premises and Related Expenses 706 663  Student and General Education Services 300 293  Other Activities 37 34 1,429 1,323 4,791 4,496 Surplus from operation for the year 341 565  Share of Result of an Associate 4 5 Surplus for the year before taxation 345 570 Taxation (2) (2) Surplus for the year after taxation 343 568 Other comprehensive income for the year  Items that may be reclassified subsequently to income and   expenditure:   Unrealised gain on Available-for-Sale Financial Assets 0 2   Gain previously in Other Funds released on sale of    Available-for-Sale Financial Assets 0 (2)   Exchange differences arising from translation (8) 5 (8) 5  Items that will not be reclassified to income and expenditure:   Unrealised loss on equity securities at Fair Value through    other Comprehensive income (1) 0 (9) 5 Total comprehensive income for the year 334 573 Transfers to:  UGC Funds (26) 76  Restricted Funds (6) 55  Other Funds 366 442 334 573