Date of sitting: 13 November 2002
Asked by: Hon SZETO Wah
Replied by: SEM
Question:
It is learnt that the Hong Kong Examinations and Assessment Authority ("HKEAA") had a deficit of $30 million in the last financial year; the estimated deficit for the current year would amount to $17 million; and its accumulated surplus at the end of the year would only be about $17 million. In this connection, will the Government inform this Council:
Reply:
Madam President:
1999/2000
Audited ($000) |
2000/2001
Audited ($000) |
2001/2002
Provisional Estimated ($000) |
2002/2003
Estimated ($000) |
||
---|---|---|---|---|---|
Income | |||||
HKAL/HKCE Exams |
161,112
|
158,979
|
158,150
|
155,741
|
|
Overseas and professional Exams |
28,334
|
28,853
|
27,835
|
28,557
|
|
Language Proficiency Assessment for Teachers(LPAT) |
2,690
|
5,070
|
4,946
|
5,364
|
|
Basic Competency Assessments (BCA) |
-
|
4,549
|
20,430
|
28,758
|
|
Sale of publications |
14,631
|
13,849
|
14,735
|
14,960
|
|
Bank interest |
9,266
|
7,786
|
2,466
|
2,851
|
|
Other |
4,087
|
4,241
|
3,818
|
3,861
|
|
Total income |
220,120
|
223,327
|
232,380
|
240,092
|
|
Expenditure | |||||
Staff costs |
92,118
|
101,587
|
114,940
|
117,310
|
|
Other personnel expenses |
83,010
|
80,556
|
87,833
|
86,829
|
|
Admin/Operation |
31,399
|
34,250
|
45,220
|
46,740
|
|
Total expenditure |
206,527
|
216,393
|
247,993
|
250,879
|
|
Recurrent surplus (deficit) |
13,593
|
6,934
|
(15,613)
|
(10,787)
|
|
Non-recurrent expenditure |
6,346
|
3,558
|
13,500
|
7,013
|
|
Surplus (deficit) |
7,247
|
3,376
|
(29,113)
|
(17,399800)
|
|
Reserve |
60,936
|
64,312
|
35,199
|
17,399
|
|
% of total annual income |
28%
|
29%
|
15%
|
7%
|
1999/2000
Audited ($000) |
2000/2001
Audited ($000) |
2001/2002
ProvisionalEstimated ($000) |
2002/2003
Estimated* ($000) |
||
---|---|---|---|---|---|
LPAT (excluding admin overhead) |
1,387
|
3,443
|
3,706
|
4,121
|
|
BCA (excluding admin overhead) |
4,368
|
24,014
|
28,758
|
||
Establishment of Research and Communication Divisions |
1,850
|
2,934
|
3,592
|
||
Other additional staff |
1,402
|
1,444
|
4,205
|
||
Enhancing proofreading and assessment of question papers for HKCE/HKAL Exams |
42
|
1,052
|
1,052
|
||
Total |
1,387
|
11,105
|
33,150
|
41,728
|
|
Non-recurrent expenditure | |||||
Renovation of building |
3,376
|
2,063
|
5,490
|
246
|
|
Computer systems |
2,355
|
771
|
4,860
|
5,217
|
|
Research projects |
-
|
154
|
1,000
|
-
|
|
Consultancy service |
566
|
424
|
317
|
1,450
|
|
Furniture and equipment |
49
|
146
|
1,833
|
100
|
|
Total |
6,346
|
3,558
|
13,500
|
7,013
|