東華三院 Tung Wah Group of Hospitals
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Home » About Us » Organization Structure » Finance & Supplies Division » Financial & Management Accounting Section

Financial Accounting

The Financial Accounting Section provides central accounting function for all Division/Branches and service centres in keeping with both statutory and Tung Wah's requirements. It is also responsible for maintaining a proper internal control system to safeguard the assets of Tung Wah and for establishing a proper system of accounts available for inspection by both internal and external auditors including those from relevant government departments. The states of affairs of Tung Wah as at 31 March 2009 and of its results for the year ended are presented as below.

Management Accounting

The Management Accounting Section is responsible for budgetary control, cash flow forecast, project cost control and value-for-money analysis. It provides management information and gives advice on financial implications for major issues. It also monitors Tung Wah's funds and ensures that projects and activities are properly funded.

 

Application of Donation Income

One of the objectives of the Finance & Supplies Division is to enhance Tung Wah's accountability, efficiency and effectiveness in the use of outside donations for the provision of various services. The total amount of raised fund by the 2008/2009 Board of Directors amounted to $228.22 million. Together with internal resources of HK$34.77 million, a total sum of HK$262.99 million were allocated to supplement funding on various services.

 

 

Major Projects

Medical Services Projects

Project Cost

HK$ in Million

Free Medical Services

53.41

Establishment of TWGHs Computerized Tomography Imaging Centre

24.60

Establishment of Kwong Wah Hospital Redevelopment Fund

20.00

Establishment of the Ward of Neurology and Neuroscience at Kwong Wah Hospital

3.86

Establishment of Digital Radiography Room at Kwong Wah Hospital

2.09

Purchase of One Set of Diagnostic Ultrasound Imaging System for Kwong Wah Hospital

2.00

Purchase of One Set of Video Endoscopic Viewing System for Kwong Wah Hospital

1.95

Establishment of Glaucoma Screening Centre at Tung Wah Eastern Hospital

1.70

Purchase of Rehabilitation Buses for Tung Wah Eastern Hospital

1.35

Manpower Support for Chinese Medicine Researches

1.34

Establishment of Eddie Wang Integrated Chinese and Western Medicine Development Fund

1.07


Education Services Projects

Project Cost

HK$ in Million

Establishment of Scholarship Fund for The Chinese University of Hong Kong - Tung Wah Group of Hospitals Community College

11.25

Extra-curricular Activities for Students of Tung Wah Schools

7.51

Establishment of TWGHs Ma Kam Chan Memorial Primary School

7.00

Purchase of Furniture and Equipment for the New Annex of TWGHs Wong Fung Ling College

1.80

Renovation Works for TWGHs Wong Wu Lai Ming Kindergarten

1.03

Supporting Service for Indigent Students

1.47

Education Fund for Students with Special Education Needs

0.97

Purchase of Furniture and Equipment for the New Annex of TWGHs Kap Yan Directors' College

0.90

Camp Hong Kong for Tung Wah Secondary Schools

0.85

English Enhancement Programs for Tung Wah Primary Schools

0.80


Community Services Projects

Project Cost

HK$ in Million

Redevelopment Project of TWGHs David Trench Home for the Elderly

10.00

Establishment of TWGHs Charitable Food Relief Fund

7.99

Holistic Community Care Programme for Elders with Dementia

2.91

Replacement of Air-conditioning System at TWGHs International Funeral Parlour

2.66

Financial Education Program for Secondary School Students

2.58

Purchase of Hospital Beds for Tung wah Elderly and Rehabilitation Services Centres

2.29

Establishment of TWGHs Chau Lin Day Care Centre for the Elderly

2.00

Tung Wah Elderly Homes Conversion Project

1.47

Renovation Works for Tung Wah Coffin Home, Cemeteries & Columbarium

1.44

Facilities Development Fund for Tung Wah Elderly Services Centres

1.11

Child Development Fund Pioneer Project

1.00

Building Community Wealth - Shamshuipo Revitalizing Project

1.00

Establishment of TWGHs Ma Kung Lin Chi Child Development Centre

1.00

Upgrading Facilities and Equipments for TWGHs Jockey Club Rehabilitation Complex

1.00

Sub-total

185.40

Purchase of Minor Furniture & Equipment, Minor Improvement Works and funding support for other projects under Various Services Centres

77.59

Total

262.99


 

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