22-33 GOVERNMENT’S RESERVE BALANCES

(GENERAL REVENUE ACCOUNT AND FUNDS)

 

HK $ million

Item

1990/91

1994/95

1995/96

1996/97

1997/98

 

 

 

 

 

 

Opening Reserve Balances

72578

140197

151040

147927

370677#

Revenue

89524

174998

180045

208358

275220

Expenditure

85557

164155

183158

182680

194360

Sub-total

3967

10843

-3113

25678

80860

Change in Net Worth of Land Fund

0

0

0

0

6006

/ Surplus/(Deficit)

3967

10843

-3113

25678

86866

Closing Reserve Balances

76545

151040

147927

173605

457543

 

 

 

 

 

 

 

Notes:

Figures exclude 'transfers between the general revenue account and funds'.

#  Including net worth of 197072 million received from Trustee of the former Kong Kong SARG Land Fund

at 1 July 1997.