Office of the Communications Authority
Trading Fund Report 2019/20

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Statement of Changes in Equity

for the year ended 31 March 2020
(Expressed in thousands of Hong Kong dollars)

Note 2020 2019
Balance at beginning of year
1,034,143
1,003,338
Total comprehensive (loss) / income for the year (37,246)
30,805
Target returns required by the Government
16 (25,322)
Balance at end of year 971,575
1,034,143

The notes form part of these financial statements.