Year 2007 - Critical Success Factors

51 HONG KONG CHAMBER OF INSURANCE INTERMEDIARIES 2007 YEARBOOK 香港保險中介人商會二○○七年年刊 Income and Expenditure Account - for The Year Ended 30 th June, 2007 (expressed in Hong Kong Dollars) Notes 2007 2006 INCOME Membership subscription fee income 29,600 33,900 Advertising income 122,500 122,400 Bank interest income 11,365 10,617 163,465 166,917 GENERAL AND ADMINISTRATIVE EXPENSES Audit fee 3,800 3,800 Bank charges 1,050 480 Business registration fee 2,600 2,600 Deficits from functions 5 12,475 17,607 Donation 3,000 5,000 Entertainment 5,552 — Honorarium — 22,748 Insurance 14,859 15,828 MPF contribution 2,177 1,800 Postage 750 5,365 Printing and stationery 4,219 3,301 Staff salaries 33,000 36,000 Storage fee 1,944 1,944 Sundry expenses 1,004 4,055 Telecommunication 3,829 3,829 Yearbook publication 49,350 53,550 (139,620) (177,907) SURPLUS/(DEFICIT) FOR THE YEAR 23,845 (10,990)