HKSI Institute AR2023

HKSI Institute Annual Report 2023 56 for the year ended 31 March 2023 (Expressed in Hong Kong dollars) CONSOLIDATED STATEMENT OF CHANGES IN GENERAL FUND General fund Exchange reserve Total equity Balance at 1 April 2021 $ 29,574,484 $ 56,579 $ 29,631,063 Deficit for the year (1,677,850) – (1,677,850) Other comprehensive income for the year – 134,669 134,669 Balance at 31 March and 1 April 2022 $ 27,896,634 $ 191,248 $ 28,087,882 Deficit for the year (406,688) – (406,688) Other comprehensive income for the year – (380,634) (380,634) Balance at 31 March 2023 $ 27,489,946 $ (189,386) $ 27,300,560 The notes on pages 58 to 78 form part of these financial statements.