Financial Report 2022

Notes to the Consolidated Financial Statements 合併財務報表附註 The University of Hong Kong 香港大學 93 Reconciliation of liabilities arising from financing activities (Expressed in thousands of Hong Kong dollars) （以港幣千元列賬） Loans and Borrowings Leases Liabilities Total 貸款及借款 租賃負債 總額 At 1 July 2020 於二零二零年七月一日 172,558 256,464 429,022 Financing cash flows 融資活動之現金流量 Proceeds from Unsecured Bank Loans 無抵押銀行貸款之所得款項 2,160 – 2,160 Repayment of Unsecured Bank Loans 無抵押銀行貸款之還款 (12,510) – (12,510) Principal Element of Lease Payments Paid 已付租賃負債之還款部份 – (99,423) (99,423) Other Changes 其他轉變 Increase in Leases Liabilities from Entering into New Leases 新訂立的租賃而增加的租賃負債 – 65,068 65,068 Interest Expenses on Lease Liabilities 租賃負債的利息支出 – 8,877 8,877 Variable Lease Payment 可變租賃付款 – (391) (391) Exchange Differences 匯率調整 – 1,842 1,842 At 30 June 2021 於二零二一年六月三十日 162,208 232,437 394,645 At 1 July 2021 於二零二一年七月一日 162,208 232,437 394,645 Financing cash flows 融資活動之現金流量 Proceeds from Unsecured Bank Loans 無抵押銀行貸款之所得款項 4,110 – 4,110 Repayment of Unsecured Bank Loans 無抵押銀行貸款之還款 (11,040) – (11,040) Principal and interest of Lease Payments Paid 已付租賃負債之還款部份 – (102,630) (102,630) Other Changes 其他轉變 Increase in Leases Liabilities from Entering into New Leases 新訂立的租賃而增加的租賃負債 – 257,862 257,862 Interest Expenses on Lease Liabilities 租賃負債的利息支出 – 9,413 9,413 Exchange Differences 匯率調整 – (8,930) (8,930) At 30 June 2022 於二零二二年六月三十日 155,278 388,152 543,430 自融資活動產生之負債的對賬 32. NOTES TO CONSOLIDATED STATEMENT OF CASH FLOWS 合併現金流量表附註 Notes to the Consolidated Financial Statements 合併財務報表附註 2022 Financial Report 二零二二財務報告 94 33. RELATED PARTY TRANSACTIONS Due to the nature of the University’s operations and the composition of the Council (being drawn from the University, private and public sector organisations), it is inevitable that transactions will take place with organisations in which a member of the Council may have an interest. All transactions involving organisations in which a member of the Council may have an interest are conducted on an arm’s length basis and in accordance with the University’s financial regulations and normal procurement procedures. During the year, the following significant transactions with related parties were undertaken in the normal course of its operations: (Expressed in thousands of Hong Kong dollars) （以港幣千元列賬） 2022 2021 (i) Key Management Compensation (i) 主要管理人員補償 Group 機構 Salaries and other employee benefits 薪金及其他員工福利 99,277 107,747 University 大學 Salaries and other employee benefits 薪金及其他員工福利 70,488 78,354 (ii) HKU SPACE Po Leung Kuk Stanley Ho Community College (ii) 香港大學專業進修學院保良局 何鴻燊社區書院 Group 機構 Consultancy fee income (Note) 顧問收益（附註） 38,964 34,935 Note: The consultancy fee was paid to HKU School of Professional and Continuing Education at the rate of 25% (2021: 25%) of tuition fee income earned by HKU SPACE Po Leung Kuk Stanley Ho Community College. 34. CONTRACT OF SIGNIFICANCE The University has set up nine companies limited by guarantee f or app l y i ng f und i ng f or r esea r ch pro j ec t s ( “Resea r ch Companies”). For the year ended 30 June 2022, a total of HK$212.8 million (2021: HK$888.0 million) funding has been received. Pursuant to the terms of the agreements, the University supervises and directs the Research Companies to conduct the research and development. The financial results of these companies are not consolidated by the University based on the current terms of the agreements. 關連方交易 由於大學獨特的營運方式及其校務委員會之會員 組合（從大學、私人和公營機構推選），大學難免 和這些與校務委員會會員有關的機構有所交易。 所有這類交易均以正常基礎處理及根據大學之財 務規條和正常採購程序進行。 在年度中，於正常業務情況下與關連方進行下列 之重大交易： 附註： 付給香港大學專業進修學院的顧問收益是根據香港 大學專業進修學院保良局何鴻燊社區書院之學費收 入之百分之二十五（二零二一年為百分之二十五）計 算。 重大合約 大學已經成立九間有限擔保公司（「研究公司」）以 申請研究項目資金。截至二零二二年六月三十日 止年度，研究公司共收到港幣二億一千二百八十 萬元（二零二一年為港幣八億八千八百萬元）。根 據協議的條款，大學會監督及指導研究公司進行 研究和開發。根據協議的當前條款，大學現無合 併這些公司的財務結果。