Annual Report 2015–16

The University’s net assets increased by 4% or $659 million to $17 billion as at 30 June 2016. Total investments increased slightly by $67 million or 0.9% to $7,115 million which represented 41.8% of the total net assets of the University. Awaiting further investment opportunities, the cash and short- term deposits increased by 4.6% to $9,130 million as at 30 June 2016, in anticipation of the US dollar interest rate hike and the volatility in global equity markets. The net book value of fixed assets was kept at a stable level of $5,922 million as at 30 June 2016 after major construction projects related to the new undergraduate curriculum had been completed. For assets acquired by funds from the government or government agencies with conditions attached, the balances of their aggregate net book value were treated as deferred capital funds. The total amount in deferred capital funds slightly fell by 2.6% to $3,441 million as at 30 June 2016, in line with the trend of the related income. Taking into account the operating results achieved for the 2015–16 financial year, the general and development reserve fund stood at $2,427 million, the UGC matching grants fund at $1,415 million, and the total restricted funds at $13.2 billion. 截至 2016 年 6 月 30 日為止，大學的總 資產淨值進一步增長百分之四或六 億五千九百萬元至一百七十億元，總 投資輕微上升六千七百萬元或百分 之零點九至七十一億一千五百萬元， 佔總資產淨值達百分之四十一點八。 市場預期美元息率上升，環球股票 市場波動，故此大學把部分資金存 放於現金及銀行短期存款，謀而後 動，找尋投資機會， 2016 年 6 月 30 日 的現金及銀行短期存款總共增加百 分之四點六至九十一億三千萬元。 與新學制相關的主要基建項目年內 相繼完成， 2016 年 6 月 30 日的固定資 產帳面淨值，維持在五十九億二千二 百萬元的穩定水平。依據政府或政 府機構附帶條件撥款購置的固定資 產，其帳面淨值的累計盈餘將列入 遞延資產基金內。截至 2016 年 6 月 30 日為止，遞延資產基金微跌百分之 二點六至三十四億四千一百萬元，與 相關收入下跌同步。 總結 2015 至 16 年度 各基金表現，一般及 發展儲備基金結餘 為二十四億二千七百 萬元，教資會配對補 助基金為十四億一千 五百萬元，專用基金 為一百三十二億元。 財政狀況 Financial Position 9 大學校董會報告 Report of the Council