Urban Renewal Authority 2018-19 Annual Report

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 122 for the year ended 31 March 2019 (expressed in Hong Kong Dollars) Note Capital Accumulated Surplus Reserve for Facilitation Service Total $’000 $’000 $’000 $’000 Balance at 1 April 2017 10,000,000 22,603,456 2,613 32,606,069 Surplus and total comprehensive income for the year – 12,037,862 – 12,037,862 Transfer from Reserve for Facilitation Service to Accumulated Surplus for the year 20 – 195 (195) – Balance at 31 March 2018 10,000,000 34,641,513 2,418 44,643,931 Balance at 1 April 2018 10,000,000 34,641,513 2,418 44,643,931 Surplus and total comprehensive income for the year – 2,330,517 – 2,330,517 Transfer from Reserve for Facilitation Service to Accumulated Surplus for the year 20 – 2,418 (2,418) – Balance at 31 March 2019 10,000,000 36,974,448 – 46,974,448 The notes on pages 123 to 168 form part of these consolidated financial statements.