RAS-2003

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2003

2003
HK$ 2002
HK$ SUBSCRIPTIONS Life 13,200 10,800 Annual 189,150 191,025 202,350 201,825 ORGANISED ACTIVITIES Income from participants 709,278 1,309,301 Expenses 654,793 1,158,960 54,485 150,341 SALES OF PUBLICATIONS Sales income 22,250 29,323 Cost of sales 2,405 4,589 19,845 24,734 OTHER INCOME Bank interest 172 1,390 Dividends 21,093 18,531 Donations 4 21,265 19,921 297,945 396,821 NET INCOME EXPENDITURE Annual Journal 112,360 74,000 Overhead expenses 225,651 215,558 Purchase of books for the library 800 3,289 338,811 292,847 NET (DEFICIT) / SURPLUS FOR THE YEAR XXX (40,866) 103,974

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