Page 97 - Hong Kong Housing Society 香港房屋協會 - Annual Report 2018 年報

Financial Management 財務管理

Expenditure Distribution
支出分佈

Year HK$million as at 31 March 2018
ϋ΅ ಥ࿆ϵຬʩ ࿚Їɚཧɓɞϋɧ˜ɧɤɓ˚˟
Social Project Expenditures
ٟਜධͦ˕̈
(250) 5 661 492 459 205
2017/18 1,572 Property Development and
Related Costs/ (Written Back)
13 3,055 624 474 552 171 يุ೯࢝ʿ޴ᗫϓ͉Ŋ€Ϋᅡ
2016/17 4,889 Property Leasing and
Management Expenses
53 3,527 563 436 490 182
يุॡ༣ʿ၍ଣ˕̈
2015/16 5,251
Staff Costs
37 939 508 409 283 146 ࡰʈϓ͉
2014/15 2,322 Assets Depreciation and
Impairment
12 1,103 369 353 287 137
༟ପұᔚʿಯ࠽
2013/14 2,261
Other Operating Costs
Չ˼ᐄ༶ϓ͉

Expense Analysis 支出分析

Total expenses were HK$1,572million, HK$3,317million lower than the ᐼ˕̈މɤʞᄂɖɷɚϵຬಥʩd༰̘ϋ
previous year, mainly due to lower property development costs which ಯˇɧɤɧᄂɓɷɖϵຬಥʩd˴ࠅࡡΪ
were revenue-driven. Staff costs and property leasing and management މيุ೯࢝ϓ͉աϗू੭ਗϾɨൻfࡰʈ
expenses increased by 4% and 6% respectively, primarily due to general ϓ͉eيุॡ༣ʿ၍ଣ˕̈ʱйᄣ̋ϵʱ
inflation and higher spending to maintain our ageing estates. ʘ̬ʿϵʱʘʬd˴ࠅաஷദʿڭቮᔚ㡼
ٙක˕ɪʺהᅂᚤf

Financial Outlook and Management 財務前景及管理
Property Developments for Sale 發展出售物業

Property developments for sale are one of the Housing Society’s core ೯࢝̈ਯيุމג՘Չʕɓධࣨːุਕձ
businesses and income contributors. Over the years, the Housing ϗɝԸ๕fεϋԸdג՘ɓٜ˕౪ִ݁೯
Society has supported the Government in developing various housing ࢝ʔΝٙג܊ࠇྌd՘п࠰ಥ̹͏ྼତໄ
schemes to assist people in Hong Kong to fulfil their aspirations of ุᗴૐfତࣛdҢࡁٙٙʈЪࠠᓃ݊ீཀ
home ownership. Currently, our focus is to assist the Government to ౤Զ༟п̈ਯג܊d՘пִ݁༆Ӕ̙ࠋዄ
resolve the shortage of affordable housing through the provision of ג܊ԶᏐʔԑٙਪᕚdܼ̍༟п̈ਯג܊
Subsidised Sale Flats (SSF), either in standalone SSF projects, or in ධͦeίਖ਼͜τໄ܊㡼e˸ʿίࠠܔܝٙ
Dedicated Rehousing Estates and our future redeveloped rental estates. ̈ॡ܊㡼f

香港房屋協會2017/18年度年報 95