23-38 Government's Reserve Balances 
(HKD 100 million)
Item 2005/2006 2006/2007 2007/2008 2008/2009 2009/2010
           
Opening Reserve Balances 2959.81 3106.63 3692.64 4929.14 4943.64
Revenue① 2470.35 2880.14 3584.65 3165.62 3184.42
Expenditure① 2330.71 2268.63* 2348.15 3124.12* 2890.25
Net Proceeds from Issuance of Bonds and Notes - - - - -
Repayment of Bonds and Notes - -25.50 - -27.00 -35.00
Surplus 139.64 586.01 1236.50 14.50 259.17
Write-back of Provision for Loss
in Investments with the Exchange Fund 7.18 - - - -
Closing Reserve Balances 3106.63 3692.64 4929.14 4943.64* 5202.81