Page 71 - EdUHK Annual Report 2016-2017

Treasurer’s Report 司庫報告
Report of the Treasurer to the Council on the Group’s Financial
Statements for the Financial Year from 1 July 2016 to 30 June 2017
Overview
This year is a celebrating year as we witnessed our very rst batch of graduates conferred degrees and other academic awards under the name of The Education University of Hong Kong. In addition, a very positive report for the University from the Quality Assurance Council (“QAC”) under the University Grants Committee (“UGC”) was released in June 2017. The QAC was pleased with its Audit Panel’s conclusion that the University had a strong ethos of quality enhancement and made effective use of international benchmarking and external input to set and maintain academic standards. According to “The World University Rankings by Subject 2017” published by the Quacquarelli Symonds, the University was ranked 2nd in Asia and 13th in the world in Education. The recognition of the University’s unique role and academic strengths in the wider community and beyond was also re ected in global and regional university subject rankings, generous support from philanthropists, and the bidding results for research grants and postgraduate places.
In 2016/17, the University achieved an overall net surplus of about $129.6 million for the year, of which $73.7 million was derived from UGC-funded activities and $55.9 million from non-UGC-funded activities. At the Group level, the net surplus of $130.5 million included a small surplus of $0.9 million from subsidiaries, mainly contributed from The EdUHK Schools Limited (“Schools Limited”).
Operating Results and Financial Position
The Group adopted the Hong Kong Financial Reporting Standards (“HKFRSs”) issued by the Hong Kong Institute of Certi ed Public Accountants and the Statement of Recommended Practice (“SORP”) for the UGC-funded Institutions in Hong Kong. Note 1 of the Consolidated Financial Statements shows the details of the signi cant accounting policies adopted by the Group.
Income
Compared to 2015/16, there was an increase in the Recurrent Grants of $101 million, which was mainly due to the inclusion of supplementary grant arising from pay adjustment. In addition, there was a slight decrease of about $3.6 million in the Earmarked Grants. Tuition, programmes and other fees of the University had increased by about $11.5 million contributed mainly from UGC-funded programmes. Total interest and net investment income amounted to $15 million which
was slightly better than that of last year mainly due to the improvement of interest income. Furthermore, donation and benefactions of the University increased by $30 million to $72 million.
Treasurer’s Report
司庫報告
香港教育大學司庫致校董會二零一六年七月 一日至二零一七年六月三十日止的報告
概覽
過去一年堪值歡慶，本校首次以「香港教育大學」之名， 向年內的畢業生頒授學位及其他學術榮譽。同時，大學 教育資助委員會(「教資會」)屬下的質素保證局於二 零一七年六月發表的報告，高度評價了本校的表現。該 局的核證評審小組認為，本校積極謀求質素提升，有效 運用國際基準和校外資源來制訂並維持學術水平，該 局對此感到欣喜。根據Quacquarelli Symonds二零一 七年的全球大學排名，本校的教育學科榮列亞洲第二位 及全球第十三位。本校在香港以至世界，擁有獨特角色 並在學術實力上，均備受肯定。在全球或亞太地區的排 名、來自各界善長慷慨襄助的捐款、以及政府批予本校 的研究資助額及研究生課程學額等方面，相繼反映出本 校過去一年的良好表現。
二零一六至一七年度，本校錄得淨盈餘約一億二千九百 六十萬元。其中，七千三百七十萬元來自教資會資助的 項目，五千五百九十萬元來自非教資會資助的項目。整 體而言，本集團的一億三千零五十萬元淨盈餘中，包含 九十萬元的少量盈餘來自香港教育大學附屬機構，其中 主要來自香港教育大學附屬學校有限公司(「學校有限 公司」)。
營運業績及財務狀況
本集團採納香港會計師公會頒布的香港財務報告準則 (「財務準則」)，以及教資會資助大學的建議準則 (「建議準則」)。本校綜合財務報表附註一羅列了 本集團採用的主要會計政策細節。
收入
相比二零一五至一六年度，由於獲得對員工薪金調整所 增補撥款，經常性撥款因而錄得一億零一百萬元的增 長;指 定 撥 款 則 下 降 了 三 百 六 十 萬 元。學 費、課 程 及 其 他收費共增加約一千一百五十萬元，此項增長主要源自 教資會資助的課程。利息及投資淨收入約一千五百萬 元，較去年度微升，因利率較高。此外，來自捐款及捐助 的收入增加了三千萬元，達至七千二百萬元。
香港教育大學 2016-2017 年報 /
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