HKSI Institute AR2023

HKSI Institute Annual Report 2023 54 at 31 March 2023 (Expressed in Hong Kong dollars) CONSOLIDATED STATEMENT OF FINANCIAL POSITION Note 2023 2022 Non-current assets Property, plant and equipment 9 $ 37,359,432 $ 35,971,166 Deposits 11 1,405,169 1,405,169 $ 38,764,601 $ 37,376,335 Current assets Deposits, prepayments and other receivables 11 $ 4,723,790 $ 10,578,445 Time deposits with bank 12 13,450,582 16,195,450 Cash and bank balances 12 12,969,838 17,960,829 $ 31,144,210 $ 44,734,724 Current liabilities Accruals and other payables 13(a) $ 2,720,092 $ 3,965,217 Deferred income 13(b) 5,344,234 8,576,774 Provisions 14 – 650,000 Amount due to the Government of the Hong Kong Special Administrative Region 15 1,721,241 4,559,568 Lease liabilities 16 2,963,596 3,152,368 $ 12,749,163 $ 20,903,927 Net current assets $ 18,395,047 $ 23,830,797 Total assets less current liabilities $ 57,159,648 $ 61,207,132