HKSI Institute AR2023

55 HKSI Institute Annual Report 2023 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONTINUED) at 31 March 2023 (Expressed in Hong Kong dollars) Note 2023 2022 Non-current liabilities Deferred income 13(b) $ 328,695 $ 625,260 Provisions 14 1,993,000 1,993,000 Lease liabilities 16 27,537,393 30,500,990 $ 29,859,088 $ 33,119,250 Net assets $ 27,300,560 $ 28,087,882 Representing: General fund 17(a) $ 27,489,946 $ 27,896,634 Exchange reserve 17(b) (189,386) 191,248 $ 27,300,560 $ 28,087,882 Approved and authorised for issue by the board of directors on 29 September 2023. ) Mr Colin Stuart Shaftesley ) ) Directors Mr Piu Tong ) ) The notes on pages 58 to 78 form part of these financial statements.