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According to the results of the 2010 Annual Survey of Economic Activities - Information and Communications, Financing and Insurance, Professional and Business Services Sectors released today (November 29) by the Census and Statistics Department (C&SD), the total receipts (comprising business receipts and other income) of the information and communications; financing; insurance; professional, scientific and technical activities; and administrative and support service activities sectors taken together amounted to $1,305.4 billion in 2010, representing an increase of 14.3% compared with 2009; on a per establishment basis, total receipts of these sectors increased by 5.3% compared with 2009 to $25.9 million in 2010.
For all the afore-mentioned industry sectors taken together, operating expenses and compensation of employees altogether amounted to $623.7 billion in 2010, representing an increase of 12.9% compared with 2009; on a per establishment basis, they increased by 4.0% compared with 2009 to $12.4 million in 2010.
Gross surplus, which is equal to total receipts less operating expenses, compensation of employees and value of purchases of goods for sale, of the information and communications; financing (except banking); professional, scientific and technical activities; and administrative and support service activities sectors taken together increased significantly by 30.7% over 2009 to $329.1 billion in 2010; on a per establishment basis, gross surplus increased from $5.7 million in 2009 to $6.9 million in 2010. Gross surplus accounted for 41.7% of total receipts for all these sectors taken together in 2010, up by 3.2 percentage points over 2009.
Value added of the information and communications; financing (except banking); professional, scientific and technical activities; and administrative and support service activities sectors taken together, which provides a measure of their total contribution to Hong Kongˇ¦s Gross Domestic Product, increased by 16.6% compared with 2009 to $226.9 billion in 2010; on a per establishment basis, the value added was $5.1 million in 2010, which increased by 8.4% compared with 2009.
In compiling gross surplus and value added of the financing and insurance activities, other data sources are required to supplement data collected through this survey. These statistics are being compiled using the survey results and other data sources and will be published in the website of C&SD later. For the same reason, value added of the financing (except banking) industry published here does not cover that of investment and holding companies.
The information and communications; financing; insurance; professional, scientific and technical activities; and administrative and support service activities sectors taken together comprised some 50 400 establishments and engaged about 634 600 persons, or an average of 12.6 persons per establishment, in 2010.
Amongst these industry sectors, the financing (except banking) industry recorded the largest total receipts in 2010, followed by the insurance and banking industries. The other industry sectors in descending order in terms of total receipts were information and communications; administrative and support service activities; and professional, scientific and technical activities.
In the financing (except banking) industry, total receipts amounted to $446.2 billion while operating expenses and compensation of employees totalled $171.8 billion in 2010. Gross surplus increased significantly from $208.4 billion in 2009 to $274.4 billion in 2010, accounting for 61.5% of total receipts in 2010. Value added increased by 20.1% compared with 2009 to $81.2 billion in 2010.
In the insurance industry, total receipts amounted to $265.4 billion while operating expenses and compensation of employees totalled $30.4 billion in 2010.
In the banking industry, total receipts amounted to $250.3 billion while operating expenses and compensation of employees totalled $142.6 billion in 2010.
In the information and communications sector, total receipts amounted to $129.7 billion while operating expenses and compensation of employees totalled $95.9 billion in 2010. Gross surplus increased from $22.1 billion in 2009 to $26.7 billion in 2010, accounting for 20.6% of total receipts in 2010. Value added increased by 14.4% compared with 2009 to $53.6 billion in 2010.
In the administrative and support service activities, total receipts amounted to $118.2 billion while operating expenses and compensation of employees totalled $106.5 billion in 2010. Gross surplus increased significantly from $5.9 billion in 2009 to $9.3 billion in 2010, accounting for 7.9% of total receipts in 2010. Value added increased by 10.0% compared with 2009 to $38.8 billion in 2010.
In the professional, scientific and technical activities, total receipts amounted to $95.6 billion while operating expenses and compensation of employees totalled $76.5 billion in 2010. Gross surplus increased from $15.5 billion in 2009 to $18.7 billion in 2010, accounting for 19.5% of total receipts in 2010. Value added increased by 18.8% compared with 2009 to $53.3 billion in 2010.
Selected statistics for the information and communications, financing and insurance, professional and business services sectors, with breakdowns by industry grouping, are shown in the attached table.
More detailed statistics on the information and communications, financing and insurance, professional and business services sectors will be given in the report "Key Statistics on Business Performance and Operating Characteristics of the Information and Communications, Financing and Insurance, Professional and Business Services Sectors in 2010". Users can download this report (in PDF format) free of charge at the website of C&SD (www.censtatd.gov.hk/products_and_services/products/publications/index.jsp) as from end-December 2011.
Starting from 2010, the C&SD collected data on depreciation with a view to enhancing the quality of the statistics on operating cost. The corresponding results will be published in the report "Key Statistics on Business Performance and Operating Characteristics of the Information and Communications, Financing and Insurance, Professional and Business Services Sectors in 2010".
For enquiries about the key statistics on business performance and operating characteristics of the information and communications, financing and insurance, professional and business services sectors, please contact the Business Services Statistics Section of the C&SD (Tel.: 2894 8149 or e-mail: business-services@censtatd.gov.hk).
Ends/Tuesday, November 29, 2011
Issued at HKT 16:31
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