22-34 GOVERNMENT'S
RESERVE BALANCES (GENERAL REVENUE ACCOUNT AND FUNDS) |
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(HK$ million) |
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Item |
1990/91 |
1995/96 |
1996/97 |
1997/98 |
1998/99 |
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Opening Reserve Balances |
72578 |
151040 |
147927 |
370677# |
457543 |
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Revenue① |
89524 |
180045 |
208358 |
275220 |
216115 |
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Expenditure① |
85557 |
183158 |
182680 |
194360 |
239356 |
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Sub-total |
3967 |
-3113 |
25678 |
80860 |
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Change in Net Worth of Land Fund |
0 |
0 |
0 |
6006 |
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Surplus/(Deficit) |
3967 |
-3113 |
25678 |
86866 |
-23241 |
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Closing Reserve Balances |
76545 |
147927 |
173605 |
457543 |
434302 |
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Notes: ①Figures exclude 'transfers between the General Revenue Account and Funds'. |
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# Including net worth of $197072 million received from Trustee of the former Kong Kong SARG Land Fund |
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at 1 July 1997. |
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