Consolidated Cash Flow
Appendix C-Contd.
Table 3
Showing the extent to which the capital financing deficit is covered by the operating surplus and the combined cash flow impact on Government's total reserves.
Revised Estimate
Projection
1986-87
1987-88
1988-89
1989-90
1990-91
$mn
$mn
$mn
$mn
$mn
Capital Financing (Deficit)
(3,110)
(6,180)
(6,680)
(9,910)
(7,670)
Operating Surplus
8,080
8,580
8,980
9,190
9,160
Consolidated Cash Surplus/(Deficit)*
4,970
2,400
2,300
(720)
1,490
Reserve Balances at 1 April
27,050
32,020
34,420
36,720
36,000
Reserve Balances at 31 March
32,020
34,420
36,720
36,000
37,490
*
* Analysis of Consolidated Cash Surplus/(Deficit)
General Revenue Account
3,070
1,770
1,640
(720)
800
Funds
1,900
630
660
690
34
*
+