24-39  Government Expenditure (General Revenue Account and Funds)
				(HKD 100 million)
Item	2000/2001	2001/2002	2002/2003	2003/2004	2004/2005
Operating Expenditure
Recurrent Expenditure
Personal Emoluments	504.97	519.09	509.66	492.63	465.31
Personnel Related Expenses	51.16	48.70	48.30	48.81	46.99
Pensions	93.81	128.99	121.07	134.82	149.00
Departmental Expenses	129.34	143.66	155.63	150.73	148.03
Other Charges	303.55	313.28	336.55	346.28	350.11
Subventions
Education	238.60	251.37	258.94	257.98	254.88
Health	282.21	295.46	295.53	291.12	280.57
Social Welfare	64.53	69.60	68.18	69.22	65.32
Universities and Polytechnics	131.31	132.58	131.89	129.04	118.72
Vocational Training Council	20.39	20.67	20.05	19.26	17.66
Miscellaneous	25.35	32.52	34.24	33.02	26.36
Non-recurrent	21.64	31.51	23.06	59.43	46.11
Total Operating Expenditure	1866.86	1987.43	2003.10	2032.34	1969.06
Capital Expenditure
Plant, Equipment and Works	8.53	9.84	9.52	7.64	8.23
Subventions
Education	4.64	3.98	4.13	3.55	3.32
Health	3.71	3.85	3.99	3.73	3.09
Vocational Training Council	0.67	1.07	0.71	0.37	0.47
Miscellaneous	1.10	0.70	0.70	2.57	0.34
Funds
Capital Works Reserve Funds	305.77	303.30	309.19	344.86	337.25
Capital Investment Fund	81.02	3.05	29.40	42.53	60.57
(Equity Investments)
Loan Fund	53.10	72.77	27.89	21.81	25.53
Disaster Relief Fund	0.43	0.08	0.19	0.16	0.38
Innovation and Technology Fund	3.10	2.83	2.95	4.71	3.69
Lotteries Fund①	-	-	-	10.39	10.42
Total Capital Expenditure and Equity	462.07	401.47	388.67	442.32	453.29
Investments
Total Government Expenditure and	2328.93	2388.90	2391.77	2474.66	2422.35
Equity Investments
Note : ①The Lotteries Fund was included in the Consolidated Account of the Government with effect from 1 April 2003.  This is consistent with the
accounting treatment of other Funds established by resolution of the Legislative Council.