Page 123 - URA Annual Report 2021-22

FINANCIAL SUMMARY
The financial results of the Authority for the past ten years are summarised in the table below.
Year ended 31 March
Revenues for the year
Surplus/(deficit) for the year (before interest income)
Surplus/(deficit) for the year Accumulated surplus Capital
Net assets
Debt securities issued less unamortised finance charges
Properties under development (Note 1)
Land premia waived by the Government during the year
Surplus/(deficit) for the year if no land premium waiver
Accumulated surplus if no land premium waiver
2013 5,341
4,292
4,437 16,207 10,000 26,207
3,288 22,421
(1,018) 3,419 9,701
2014 2015 1,169 9,904
(2,387) 918 (2,270) 1,076
2016 7,422
4,302
4,451 19,464 10,000 29,464
3,285 20,199
(940) 3,511 4,233
2017 5,035
2,898
3,142 22,606 10,000 32,606
3,288 19,087
(180) 2,962 7,195
2018 13,868
11,718 12,038 34,644 10,000 44,644
2,791 25,769
(4,077) 7,961 15,156
2019 3,423
1,895
2,330 36,974 10,000 46,974
2,793 29,609
(190) 2,140 17,296
2020 2,107
(278) 118 37,092 10,000 47,092
1,796 33,494
(4) 114 17,410
2021 3,439
(45) 150 37,242 10,000 47,242
1,097 33,287
(17) 133 17,543
2022 22,653
6,484
6,568 43,810 10,000 53,810
1,098 22,501
(1,106) 5,462 23,005
13,937 10,000 23,937
4,777 27,677
–
(2,270) 7,431
15,013 10,000 25,013
4,582 20,984
(7,785) (6,709)
722
Note:
1. “Properties under development” represents properties under development before provision for impairment.
URA ANNUAL REPORT 2021-22 117
In HK$’million