HKSI Institute AR2023

53 HKSI Institute Annual Report 2023 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (CONTINUED) for the year ended 31 March 2023 (Expressed in Hong Kong dollars) Note 2023 2022 Deficit before taxation $ (385,673) $ (1,478,344) Taxation 8 (21,015) (199,506) Deficit for the year 17(a) $ (406,688) $ (1,677,850) Other comprehensive income Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of financial statements of overseas subsidiary (380,634) 134,669 Deficit and other comprehensive income for the year $ (787,322) $ (1,543,181) The notes on pages 58 to 78 form part of these financial statements.