Annual Report 2002–03

在非典型肺炎及減薪影響下，本年總支出較去年 減少百分之五，合共二十七億七千八百萬元。其 中的行政費用一億五千二百萬元，只佔總支出的 百分之五點五，連續第二年處於這個低水平；敎 學經費二十一億三千九百萬元，佔總支出的百分 之七十七，比例屬五年來的新高。 至於各項專用收入，今年均錄得相當可觀的增 幅，其中基建撥款由去年的一億八千九百萬元上 升至今年的三億二千六百萬元。在政府推行等額 補助金計劃及大學籌辦四十周年校慶活動的背景 下，本年度的籌款活動十分成功，所得之捐款總 額較去年增加了百分之十八。 自資課程的數目本年度持續增加，這方面的學費 收入達三億三千一百萬元。政府已宣布撒銷對修 課式硏究院課程的資助，預期這方面的學費收入 會繼續增加。專用基金仍然保持過往的運作模 式，本年支出共十四億三千二百萬元，較去年只 上升少許；本年底錄得的盈餘共五億一千九百萬 元，將滾存作未來的活動經費。 大學的總資產淨值達四十二億九千五百萬元，較 去年上升了百分之十九，顯示大學的財政狀況較 以前更為穩健。因應市場的低息環境，大學將大 部分資金投放於一些孳息率較高、年期較長的定 息存款證上，把投資總額推高至二十九億三千四 百萬元，而現金及定期存款結餘下降至十五億七 千三百萬元。銀行及有抵押貸款的其中一項，是 政府提供的一億三千五百萬元免息貸款，用以協 助開設自資的全日制副學士及相類課程。 大學的財政狀況向來健全，運作效率也不斷提 升。在過去六年，大學的儲備金已增加了一倍。 政府因財政緊絀，下年度勢必大幅削減大專 敎育的撥款，幸而本校的敎學及行政部門已建立 了穩健的財務管理文化，為未來的挑戰作好準 備。 SARS and salary cuts led to a 5 per cent reduction in overall general expenditure, which stood at $2,778 million for the year. Administration costs ($152 million) had been kept at a low level of 5.5 per cent of total expenditure for two successive years. Academic expenses of $2,139 million constituted 77 per cent of total general expenditure, the highest in the last five years. Income from earmarked grants, endowments and donations, capital grants and other operations recorded a significant increase during the year. Capital grants income for the year soared to $326 million from $189 million in 2002. Fund-raising efforts, boosted by the matching grant incentive from the government and the 40th anniversary celebrations, were very successful, resulting in an 18 per cent increase in total endowments and donations raised. Fee income from self-financed teaching and training programmes continued to increase, totalling over $331 million. This trend will prevail in the coming years as the government has announced plans to reduce funding for all taught postgraduate degree programmes. The spending pattern of specific funds remained very much the same as before, incurring expenses to the tune of $1,432 million, which was only fractionally higher than the 2002 figure. A significant unspent balance of $519 million was carried forward at the year-end for the future. The close to 19 per cent increase in net assets to $4,295 million was clear evidence of the strengthening of the University's financial situation. The strategy of increasing holdings in medium-term and fixed-rate certificates of deposit contributed to a substantial rise in the investment figure to $2,934 million at the year end, which was accompanied by a corresponding drop in cash and short-term deposits to $1,573 million. Included in the bank and secured loans was an interest-free start-up loan of $135 million from the government for the self-financed full-time post-secondary programme. The University remained financially sound and continued to improve its operational efficiency in the year under review. Over the last six years, the total reserves of the University have more than doubled. Given the government's huge fiscal deficits, public funding for tertiary education is expected to be substantially reduced in the roll-over year of 2004-5. Fortunately a culture of prudent financial management is in place in the University's academic departments and supporting units, which prepares them well for the challenges of the future. 1 08 香 港 中 文 大 學 年 報 CUHK Annual Report 2002-2003