The Land Registry Trading Fund Hong Kong
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Land Registrar's Statement
Highlights of 2009/10
Organisation Structure
Management Structure
Branch Functions
Services and Workload
Performance Pledges
Customer Services
Development Projects and New Services
Future Plan
Recent Development
Future Plan
Staffing
Staff Training
Staff Development and Management Initiatives
Staff Motivation and Recognition
Staff Relations
Safe Workplace
Knowledge Management
Corporate Citizenship
Future Plan
Service Enhancement to Integrated Registration Information System (IRIS)
IT Security
Future Plan
Financial Objectives
Actual Performance
Fee Reduction
Forecast
Statement of Comprehensive Income
Statement of Financial Position
Statement of Changes in Equity
Statement of Cash Flows
Notes to the Financial Statements
(a) Standing Members of the Land Registry Customer Liaison Group (Private Sector) 2009/10
(b) Membership of the Land Registry Customer Liaison Group (Public Sector) 2009/10
(c) Membership of the Land Registry Joint Standing Committee 2009/10
Seventeenth Year in Review
The Land Registry Trading Fund
Vision, Mission, Values and Functions
Organisation and Management
Customer Services and Operations
Title Registration
Human Resources
IT Services
Financial Management
Report of the Director of Audit to the Legislative Council
Certified Financial Statements
Annex
Land Registry Trading Fund
Statement of Comprehensive Income

for the year ended 31 March 2010
(Expressed in thousands of Hong Kong dollars)

 
Note
2010
2009
Turnover
505,761 
425,511 
Operating costs
(337,772)
(340,780)
Profit from operations  
167,989 
84,731 
Other income
9,858 
22,183 
Profit before tax  
177,847 
106,914 
Taxation
(28,138)
(13,398)
Profit and total comprehensive      
income for the year
149,709 
93,516 
Rate of return on fixed assets
38.5%
18.8%



The Notes to the Financial Statements form part of these financial statements.
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