22-34 GOVERNMENT'S RESERVE BALANCES (GENERAL REVENUE ACCOUNT AND FUNDS)

 

 

(HK million)

 

 

 

 

 

 

 

Item

1990/91

1995/96

1996/97

1997/98

1998/99

 

 

Opening Reserve Balances

72578

151040

147927

370677#

457543

 

 

Revenue

89524

180045

208358

275220

216115

 

 

Expenditure

85557

183158

182680

194360

239356

 

 

Sub-total

3967

-3113

25678

80860

 

 

 

Change in Net Worth of Land Fund

0

0

0

6006

 

 

 

Surplus/(Deficit)

3967

-3113

25678

86866

-23241

 

 

Closing Reserve Balances

76545

147927

173605

457543

434302

 

 

 

 

 

 

 

 

 

 

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.