Page 39 - FOR FLIP BOOK [single page]Cluster report 2018-2020 (1)
P. 39
New Territories East Cluster 39
Notes to the Financial Statements
1. Basis of preparation of financial statements
The Cluster’ s financial statements havebeenprepared in accordance with theHospitalAuthorityFinancial
andAccounting Manualas appropriate topublic hospitals and clinics under themanagement and control
of Hospital Authority.
The financial statements have been prepared under an accrual basis of accounting.
Surplusesor deficitsfor theyear are transferred to theHead Office accounts in the year they arise andare
consolidated at the Head Office. As a result, reserves do not form part of the Cluster's financial accounts.
2. Inventories
31 March 2020 31 March 2019
HK$’000 HK$’000
Drugs 197,582 162,550
Medical consumables 49,330 41,592
General consumables 2,959 3,338
249,871 207,480
3. Accounts receivable
31 March 2020 31 March 2019
HK$’000 HK$’000
Bills receivable [note 3(a)] 69,915 47,243
Accrued income 7,238 6,643
77,153 53,886
Less: Provision for doubtful debts [note 3(b)] (7,800) (6,057)
69,353 47,829
(a) Aging analysis of bills receivable:
31 March 2020 31 March 2019
HK$’000 HK$’000
Past due by:
0-30 days 32,398 34,484
31-60 days 17,660 7,846
61-90 days 12,362 948
Over 90 days 7,495 3,965
69,915 47,243 Chapter VII
