Page 120 - Urban Renewal Authority 2023-24 Annual Report

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

for the year ended 31 March 2024
(expressed in Hong Kong Dollars)

Accumulated
Capital surplus Total

$’000 $’000 $’000

Balance at 1 April 2022 10,000,000 43,809,500 53,809,500

Deficit and total comprehensive income for the year – (3,529,708) (3,529,708)

Balance at 31 March 2023 10,000,000 40,279,792 50,279,792

Balance at 1 April 2023 10,000,000 40,279,792 50,279,792

Deficit and total comprehensive income for the year – (3,920,282) (3,920,282)

Balance at 31 March 2024 10,000,000 36,359,510 46,359,510

The notes on pages 119 to 161 form part of these consolidated financial statements.

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