24-38  Government's Reserve Balances (General Revenue Account and Funds)
					(HKD 100 million)
Item	2002/2003	2003/2004	2004/2005	2005/2006	2006/2007
Opening Reserve Balances①	3725.03	3154.71	2753.43	2959.81	3106.63
Revenue②	1774.89	2073.38	2635.91	2470.35	2880.14
Spending②	2391.77	2474.66	2422.35	2330.71	2294.25
Surplus/(Deficit)	-616.88	-401.28	213.56	139.64	585.89
Write-back of Provision/(Provision) for Loss
in Investments with the Exchange Fund	5.87	-	-7.18	7.18	-
Closing Reserve Balances	3114.02	2753.43	2959.81	3106.63	3692.52
Notes : Figures for 2006/2007 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”.