Year 2019 - A NEW ERA FOR INSURANCE TAX DEDUCTION 保險扣稅展新里

HONG KONG CHAMBER OF INSURANCE INTERMEDIARIES STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2018 2018 2017 HK$ HK$ REVENUE 298,238 278,549 Less: EXPENDITURE Accountancy fee (5,000) (4,000) Administrative expenses (152,968) (163,417) Auditors' remuneration (9,500) (9,000) Bad debts – (54,460) Bank charges (400) (645) Business registration fee (2,250) (250) Community expenses (16,100) (2,998) Donation (6,000) (3,100) Entertainment (1,093) (4,774) Insurance (16,203) (8,200) License fee – (6,000) Printing and stationery – (1,330) Sponsor (4,000) – Sundry expenses (705) (1,405) Website (1,930) (2,860) Year book publication (65,700) (70,258) (281,849) (332,697) SURPLUS/(DEFICIT) BEFORE TAX 16,389 (54,148) INCOME TAX EXPENSE – – SURPLUS/(DEFICIT) FOR THE YEAR 16,389 (54,148) OTHER COMPREHENSIVE INCOME – – TOTAL COMPREHENSIVE INCOME FOR THE YEAR 16,389 (54,148) The accompanying Accounting Policies and Explanatory Notes from an integral part of, and should be read in conjunction with, these financial statements. 財政報告 FINANCIAL REPORT 66 2018 年刊與 2019 展望 YEARBOOK 2018 & PROSPECT 2019