23-40  Government Spending (General Revenue Account and Funds)
	(HKD 100 million)
Item	2003/2004	2004/2005	2005/2006	2006/2007	2007/2008
Operating Expenditure
Recurrent Expenditure
Personal Emoluments	492.63	465.31	446.65	444.34	466.58
Personnel Related Expenses	48.81	46.99	43.09	38.82	36.94
Pensions	134.82	149.00	128.34	136.54	147.36
Departmental Expenses	150.73	148.03	152.94	167.42*	180.79
Other Charges	346.28	350.11	351.10	351.77	371.64
Subventions
Education	257.98	254.88	256.06	257.57	265.18
Health	291.12	278.44	270.75	275.83	292.41
Social Welfare	69.22	65.32	63.40	64.49	69.08
Universities and Polytechnics	129.04	118.72	113.26	112.40	115.34
Vocational Training Council	19.26	17.66	16.89	15.82	16.31
Miscellaneous	33.02	28.49	29.14	29.98	32.83
Non-recurrent	59.43	46.11	53.00	44.75*	52.88
Total Operating Expenditure	2032.34	1969.06	1924.62	1939.73*	2047.34
Capital Spending
Plant, Equipment and Works	7.64	8.23	6.76	7.20	10.33
Subventions
Education	3.55	3.52	3.44	4.57	4.90
Health	3.73	3.09	2.87	2.99	6.88
Vocational Training Council	0.37	0.27	0.29	0.43	0.45
Miscellaneous	2.57	0.34	0.20	0.22	0.29
Funds
Capital Works Reserve Funds	344.86	337.25	289.54	267.25	230.65
Capital Investment Fund	42.53	60.57	65.50	31.24	1.00
(Equity Investments)
Loan Fund	21.81	25.53	25.20	27.50	30.53
Disaster Relief Fund	0.16	0.38	0.18	0.19	2.72
Innovation and Technology Fund	4.71	3.69	3.65	3.86	4.83
Lotteries Fund①	10.39	10.42	8.46	8.95	8.23
Total Capital Spending	442.32	453.29	406.09	354.40	300.81
Total Government Spending	2474.66	2422.35	2330.71	2294.13*	2348.15
Notes:Figures for 2007/2008 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.