Page 168 - Demo

- 43 -27(e) %u8cc7%u91d1%u7ba1%u7406%u5e33%u76ee %u6536%u5165 INCOME%u5229%u606f%u6536%u5165 Interest income 1,031 1,453 - 2,484 325 1,832 - 2,157%u80a1%u606f%u6536%u5165 Dividend income - - 128 128 - - 137 137%u5df2%u5be6%u73fe%u548c%u91cd%u4f30%u76c8%u9918%uff0f(%u8667%u640d) Net realised and revaluation gains/(losses) - - 1,351 1,351 - - (855) (855)%u532f%u514c%u8667%u640d Net exchange losses - - (41) (41) - - (64) (64)%u7e3d%u6536%u5165 TOTAL INCOME 1,031 1,453 1,438 3,922 325 1,832 (782) 1,375%u958b%u652f EXPENDITURE%u6295%u8cc7%u958b%u652f Investment expenditure%u6295%u8cc7%u7d93%u7406%u8cbb%u7528 Fund managers%u2019 fees - - 32 32 - - 30 30%u4fdd%u7ba1%u4eba%u8cbb%u7528 Custodian's fees - - 3 3 - - 3 3%u5176%u4ed6%u6295%u8cc7%u958b%u652f Other investment expenditure - - 8 8 - - 4 4%u5c0f%u8a08 Sub-total - - 43 43 - - 37 37%u7d93%u5e38%u958b%u652f Recurrent expenditure%u85aa%u916c Personal emoluments 10 - 5 15 9 1 5 15%u5176%u4ed6%u7d93%u5e38%u958b%u652f Other recurrent expenditure 2 - 1 3 2 - 1 3%u6298%u820a%u53ca%u6524%u92b7 Depreciation and amortisation 2 - 1 3 2 - 1 3%u5206%u64d4%u6a5f%u69cb%u76e3%u7763%u53ca%u652f%u63f4%u670d%u52d9%u652f%u51fa Share of corporate supervision and support services expenses 1 - - 1 1 - - 1%u5c0f%u8a08 Sub-total 15 - 7 22 14 1 7 22%u7e3d%u958b%u652f TOTAL EXPENDITURE 15 - 50 65 14 1 44 59%u5e74%u5167%u76c8%u9918%uff0f(%u8667%u640d) Surplus/(deficit) for the year 1,016 1,453 1,388 3,857 311 1,831 (826) 1,316 1 1 2 2 3 3 - 43 -%u5167%u90e8%u6295%u8cc7%u7d44%u5408%u5305%u62ec%u4ee5%u672c%u91d1%u984d%u5217%u5e33%u7684%u9280%u884c%u5b58%u6b3e%u3002 The In-house portfolio comprises bank deposits stated at their principal amounts. %u5916%u532f%u57fa%u91d1%u5b58%u6b3e%u5305%u62ec%u672c%u91d1%u7e3d%u984d%u548c%u5728%u5831%u544a%u65e5%u671f%u5df2%u5165%u5e33%u4f46%u5c1a%u672a%u63d0%u53d6%u7684%u5229%u606f%u3002%u7d50%u9918%u4ee5%u6524%u92b7%u6210%u672c%u8a08%u91cf%u3002 Placements with the Exchange Fund include the total principal sums and any interest credited but not yet withdrawn at the reporting date. The balance is measured at amortised cost. %u7531%u5916%u8058%u6295%u8cc7%u7d93%u7406%u7ba1%u7406%u7684%u6295%u8cc7%u7d44%u5408%uff0c%u4e3b%u8981%u5305%u62ec%u4ee5%u516c%u5e73%u503c%u8a08%u91cf%u7684%u8b49%u5238%uff0c%u9019%u4e9b%u8b49%u5238%u6700%u521d%u6309%u516c%u5e73%u503c%u5217%u5e33%u3002%u516c%u5e73%u503c%u65bc%u6bcf%u500b%u5831%u544a%u65e5%u671f%u91cd%u65b0%u8a08%u91cf%uff0c%u5176%u8b8a%u52d5%u6240%u5f15%u81f4%u7684%u91cd%u4f30%u50f9%u503c%u640d%u76ca%uff0c%u6703%u5728%u8cc7%u91d1%u7ba1%u7406%u5e33%u76ee%u5167%u78ba%u8a8d%u3002 Portfolios managed by external fund managers mainly include securities measured at fair value and initially stated at fair value. At the reporting date, the fair value is remeasured with any resultant revaluation gains or losses being recognised in the Funds Management Account.%u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M %u767e%u842c%u5143(%u6e2f%u5e63) HK$M 2024%u5167%u90e8%u6295%u8cc7%u7d44%u5408 1In-house portfolio 1%u7531%u5916%u8058%u6295%u8cc7 %u7d93%u7406%u7ba1%u7406%u7684 %u6295%u8cc7%u7d44%u5408 3Portfolios managed by external fund managers 3%u623f%u59d4%u6703%u8207%u653f%u5e9c%u4e4b%u9593%u7684%u8ca1%u653f%u5b89%u6392%u6240%u9700%u7684%u88dc%u5145%u8cc7%u6599(%u7e8c) SUPPLEMENTAL INFORMATION REQUIRED UNDER THE FINANCIAL ARRANGEMENTS WITH THE GOVERNMENT (Continued)%u5408%u8a08 Total %u5916%u532f%u57fa%u91d1%u5b58%u6b3e 2 Placements with the Exchange Fund 2%u5916%u532f%u57fa%u91d1 %u5b58%u6b3e 2 Placements with the Exchange Fund 2%u5167%u90e8 %u6295%u8cc7%u7d44%u5408 1 In-house portfolio 1%u7531%u5916%u8058%u6295%u8cc7%u7d93%u7406%u7ba1%u7406%u7684%u6295%u8cc7%u7d44%u5408 3 Portfolios managed by external fund managers 3%u5408%u8a08Total (e) FUNDS MANAGEMENT ACCOUNT2023