24-37  Government's Reserve Balances (General Revenue Account and Funds)
					(HKD 100 million)
Item	2001/2002	2002/2003	2003/2004	2004/2005	2005/2006
Opening Reserve Balances①	4302.78	3725.03	3154.71	2753.43	2959.81
Revenue②	1755.59	1774.89	2073.38	2635.91	2470.35
Expenditure②	2388.90	2391.77	2474.66	2422.35	2330.71
Surplus/(Deficit)	-633.31	-616.88	-401.28	213.56	139.64
Write-back of Provision/(Provision) for Loss
in Investments with the Exchange Fund	55.56	5.87		-7.18	7.18
Closing Reserve Balances	3725.03	3114.02	2753.43	2959.81	3106.63
Notes: Figures for 2005/2006 are subject to audit by the Director of Audit.
①In 2003/2004, the balance at 1 April 2003 includes the balance of $4,069 million in the Lotteries Fund. The Lotteries Fund has been 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.
②Figures exclude "Transfers between the General Revenue Account and Funds".