24-40  Government Spending (General Revenue Account and Funds)
					(HKD 100 million)
Item	2002/2003	2003/2004	2004/2005	2005/2006	2006/2007
Operating Expenditure
Recurrent Expenditure
Personal Emoluments	509.66	492.63	465.31	446.65	444.34
Personnel Related Expenses	48.30	48.81	46.99	43.09	38.82
Pensions	121.07	134.82	149.00	128.34	136.54
Departmental Expenses	155.63	150.73	148.03	152.94	167.46
Other Charges	336.55	346.28	350.11	351.10	351.77
Subventions
Education	258.94	257.98	254.88	256.06	257.57
Health	295.83*	291.12	278.44	270.75	275.83
Social Welfare	68.18	69.22	65.32	63.40	64.49
Universities and Polytechnics	131.89	129.04	118.72	113.26	112.40
Vocational Training Council	20.05	19.26	17.66	16.89	15.82
Miscellaneous	33.94*	33.02	28.49	29.14	29.98
Non-recurrent	23.06	59.43	46.11	53.00	44.83
Total Operating Expenditure	2003.10	2032.34	1969.06	1924.62	1939.85
Capital Spending
Plant, Equipment and Works	9.52	7.64	8.23	6.76	7.20
Subventions
Education	4.13	3.55	3.52	3.44	4.57
Health	3.99	3.73	3.09	2.87	2.99
Vocational Training Council	0.71	0.37	0.27	0.29	0.43
Miscellaneous	0.70	2.57	0.34	0.20	0.22
Funds
Capital Works Reserve Funds	309.19	344.86	337.25	289.54	267.25
Capital Investment Fund	29.40	42.53	60.57	65.50	31.24
(Equity Investments)
Loan Fund	27.89	21.81	25.53	25.20	27.50
Disaster Relief Fund	0.19	0.16	0.38	0.18	0.19
Innovation and Technology Fund	2.95	4.71	3.69	3.65	3.86
Lotteries Fund①	-	10.39	10.42	8.46	8.95
Total Capital Spending	388.67	442.32	453.29	406.09	354.40
Total Government Spending	2391.77	2474.66	2422.35	2330.71	2294.25
Notes : Figures for 2006/2007 are subject to audit by the Director of Audit.
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.