For the year ended 31 March 2012 (Expressed in Hong Kong dollars)
| Note |
2012 $’000 |
2011 $’000 |
||
| Income | ||||
| Levies | 1,091,953 | 1,373,404 | ||
| Fees and charges | 230,074 | 171,696 | ||
| Investment income | 5 | 118,927 | 131,097 | |
| Less: custody and advisory expenses | (2,801) | (2,613) | ||
| Investment income net of third party expenses | 116,126 | 128,484 | ||
| Recoveries from Investor Compensation Fund | 4,442 | 4,157 | ||
| Other income | 6 | 3,072 | 6,057 | |
| 1,445,667 | 1,683,798 | |||
| Expenses | ||||
| Staff costs and directors’ emoluments | 7 | 650,564 | 564,876 | |
| Premises | ||||
| rent | 73,525 | 63,642 | ||
| other | 29,128 | 25,640 | ||
| Other expenses | 8 | 108,130 | 85,162 | |
| Depreciation | 10(a) | 40,227 | 41,090 | |
| 901,574 | 780,410 | |||
| Surplus and total comprehensive income for the year | 544,093 | 903,388 |