The Review 2007

55 Officers of the University Chancellor The Hon. Donald Tsang Yam Kuen GBM; MPA Harv; HonLLD CUHK; HonDBA HKPU; HonLLD HK; JP Pro-Chancellor The Hon. David Li Kwok Po GBM; GBS; HonLLD Cantab; HonLLD Warw; HonLLD HK; JP Chairman of Council Victor Fung Kwok King GBS; BSc, MSc MIT; PhD Harv; HonDCS Suffolk; HonLLD HK; HonDBA OUHK; HonDBA HKBU Vice-Chancellor Lap-Chee Tsui OC; OOnt; BSc, MPhil CUHK; PhD Pitt; FRS; FRS(Can); HonDSc New Brunswick; HonDCL King's Coll; HonDSc CUHK; HonLLD St FX; HonDSc York; HonPhD Tel Aviv; (Hon)FRCP(Lond); (Hon)FHKCPath; (Hon)FHKCP; HonPhD Tor; HonDSc Aberd; JP Deputy Vice-Chancellor Richard Wong Yue Chim SBS; AB, AM, PhD Chic; JP Pro-Vice-Chancellors Lee Chack Fan SBS; BSc(Eng), MSc(Eng) HK; PhD W Ont; PEng; FHKIE; CEng; FICE; FEIC; FHKAES; FCAE; MCAE; HonDSc W Ont; JP Joseph Lee Hun Wei BSc(Eng), MSc, PhD MIT; FASCE; FHKIE; FHKAES; MCIWEM John Graham Malpas MA Oxon; MSc, PhD Newfoundland; DSc Oxon; PGeo Paul Tam Kwong Hang MBBS HK; ChM Liv; FRCS(Eng); FRCS(Edin); FRCS(Glas); FRCS(Ire); FRCPCH; FHKAM (Surgery) Treasurer The Hon. Henry Fan Hung Ling SBS; BA HK; LLB Beijing; JP Deans of Faculties Architecture – Ralph Bennet Lerner BArch Cooper Union; MArch Harv; FAIA Arts – Louie Kam Hung BA Syd; MPhil CUHK; PhD, DipEd Syd; FAHA Business and Economics – Gary Clark Biddle BSBA Ohio State; MBA, PhD Chic; FCPA Dentistry – Lakshman Perera Samaranayake BDS Peradeniya; DDS Glas; FRCPath; CBiol; MIBiol; FHKAM (Pathology); FHKAM (Dental Surgery); FHKCPath; FCDSHK; FDS RCS(Edin)(Hon); HonDSc Peradeniya Education – Shirley Joy Grundy BA Q'ld; MA W Aust; PhD Murdoch Engineering – Chew Weng Cho BSc, MSc, PhD MIT Law – Johannes Chan Man Mun LLB HK; LLM Lond; PCLL HK; Barrister of the High Court of Hong Kong SAR Medicine – Raymond Liang Hin Suen MBBS, MD HK; FRCP(Lond); FRCP(Edin); FRCP(Glas); FRACP; FHKCP; FHKAM (Medicine) (Acting) Science – Kwok Sun BSc McMaster; MS, PhD Minn Social Sciences – Ian Michael Holliday MA Cantab; MPhil, DPhil Oxon Dean of Student Affairs Albert Chau Wai Lap BSc(Eng) HK; MS, PhD Wisc; PCPsych; FHKPsS Registrar Henry Wai Wing Kun BA, MA HK; FCIS Director of Finance Philip Lam Bing Lun DipMS HKPU; ACIB; ACIS; FCMA; CPA; CMA Librarian Anthony Walter Ferguson BA Brigham Young; MA, MLS Wash; EdD Col Director of Estates Kenneth Wong Pak Keung BA Hawaii; BArch Br Col; MSc(ConstProjectMan) HK; HKIA; MAIBC; CFM; FPFM 2007 2006 Assets Non-Current Assets Property, Plant and Equipment 8,024,804 6,701,517 Leasehold Land 636,865 609,756 Interest in Associates 3,892 5,016 Interest in Jointly Controlled Entities 14,617 14,113 Investments 8,142,930 7,484,452 Bank Deposits 227,270 516,463 Loans Receivable 30,530 33,614 17,080,908 15,364,931 Current Assets Investments 1,458,744 538,657 Loans Receivable 153,607 142,119 Inventories 3,574 3,189 Accounts Receivable and Prepayments 210,653 157,572 Cash and Bank Deposits 2,663,971 2,195,608 4,490,549 3,037,145 Total Assets 21,571,457 18,402,076 Funds Deferred Capital Funds Equipment 7,441 8,257 Buildings 266,691 217,640 274,132 225,897 Restricted Funds General Endowment Fund 2,125,436 2,033,630 Investment Reserve 1,216,387 828,262 General Reserve 15,000 15,000 Contingencies Reserve - 1,000 Staff Housing Loan Fund 186,646 182,202 Property Revaluation Reserve 7,100,007 5,926,470 Capital Projects 172,433 194,239 Research Projects & Quality Assurance 109,407 159,600 10,925,316 9,340,403 Other Funds General and Development Reserve Fund 1,756,024 1,624,126 Self-financing Activity Funds University 136,682 114,628 HKU SPACE 1,094,727 939,989 Other Subsidiaries (10,120) (3,855) 1,221,289 1,050,762 Donations and Benefactions 4,759,302 3,770,260 7,736,615 6,445,148 Total Funds 18,936,063 16,011,448 Liabilities Non-Current Liabilities Employee Benefit Accruals 214,277 230,040 Loans and Borrowings 345,112 353,072 559,389 583,112 Current Liabilities Accounts Payable and Other Accruals 994,624 837,162 Employee Benefit Accruals 379,264 320,431 Loans and Borrowings 141,936 105,712 Deferred Income Earmarked Grants 267,969 220,950 Capital Grants and AA & I Block Allocation 235,997 276,358 Others (including Donations & Benefactions) 56,215 46,903 560,181 544,211 2,076,005 1,807,516 Total Liabilities 2,635,394 2,390,628 Total Funds and Liabilities 21,571,457 18,402,076 Net Current Assets 2,414,544 1,229,629 Total Assets Less Current Liabilities 19,495,452 16,594,560 The University of Hong Kong Consolidated Balance Sheet As at June 30, 2007 (Expressed in thousands of Hong Kong dollars) 54