Year 2020 - CAPITALIZING ON PROFESSIONALS AND INSURTECH TO REACH GREATER HEIGHTS 善用專才與科技 保險中介創高峰

62 2019 年刊與 2020 展望 YEARBOOK 2019 & PROSPECT 2020 財政報告 FINANCIAL REPORT HONG KONG CHAMBER OF INSURANCE INTERMEDIARIES STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2019 2019 2018 HK$ HK$ REVENUE 317,914 298,238 LESS: EXPENDITURE Accountancy fee (6,000) (5,000) Administrative expenses (160,749) (152,968) Auditors' remuneration (10,000) (9,500) Bank charges (400) (400) Business registration fee (2,250) (2,250) Community expenses (100) (16,100) Donation (6,000) (6,000) Entertainment (2,239) (1,093) Insurance (8,003) (16,203) Sponsor – (4,000) Sundry expenses (2,272) (705) Telephone and internet expenses (2,214) – Website (1,430) (1,930) Year book publication (80,293) (65,700) (281,950) (281,849) SURPLUS BEFORE TAX 35,964 16,389 INCOME TAX EXPENSE 623 – SURPLUS FOR THE YEAR 36,587 16,389 The accompanying Accounting Policies and Explanatory Notes from an integral part of, and should be read in conjunction with, these financial statements.