Investor Compensation Fund (the Fund)
Statement of comprehensive income
For the year ended 31 March 2012 (Expressed in Hong Kong dollars)
| Note |
2012 $’000 |
2011 $’000 |
|
| Income | |||
| Net investment income | 5 | 53,556 | 88,837 |
| Exchange difference | (1,902) | 1,695 | |
| Other investment income | 49 | – | |
| Recoveries | – | 4,569 | |
| 51,703 | 95,101 | ||
| Expenses | |||
| Investor Compensation Company Limited expenses | 7 | 4,442 | 4,157 |
| Compensation write-backs | 8 | – | (218) |
| Auditor’s remuneration | 102 | 95 | |
| Bank charges | 794 | 770 | |
| Professional fees | 3,373 | 3,239 | |
| 8,711 | 8,043 | ||
| Surplus and total comprehensive income for the year | 42,992 | 87,058 |