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

HONG KONG CHAMBER OF INSURANCE INTERMEDIARIES STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2018 2018 2017 HK$ HK$ NON-CURRENT ASSETS Property, plant and equipment 1 1 CURRENT ASSETS Accounts receivable 20,550 81,310 Interest receivable 942 954 Prepayment – 4,580 Income tax recoverable 508 – Fixed deposit 625,095 621,956 Bank balances 238,260 171,841 885,355 880,641 CURRENT LIABILITIES Accruals (20,123) (43,793) Sponsor received in advance (12,000) – Income tax payable – (5) (32,123) (43,798) NET CURRENT ASSETS 853,232 836,843 NET ASSETS 853,233 836,844 GENERAL FUND Accumulated surplus 853,233 836,844 Approved on behalf of the Executive Committee by: President: Chu Yuen Yee Treasurer: Lam Pui Shan The accompanying Accounting Policies and Explanatory Notes from an integral part of, and should be read in conjunction with, these financial statements. 67