498
APPENDICES
$ Million
Summary of Financial Position
Revised
Actual
Actual
Estimate
1999-2000
2000-2001
2001-2002
Total Government Revenue
232,995
225,060
174,047
Less total Government Expenditure and
Equity Investments
223,043
232,893
239,681
Consolidated surplus/(deficit)
9,952
(7,833)
(65,634)
Reserve balance at 1 April
434,302
444,254
430,278
Write-back of Provision for loss in investments with the
Exchange Fund (3)
(6,143)
5,116
Reserve balance at 31 March
444,254
430,278
369,760
Notes: (1) Including salaries tax, profits tax, property tax and personal assessment.
(2) Including bets and sweeps tax, hotel accommodation tax, air passenger departure tax, Cross-Harbour Tunnel passage tax and stamp
duties.
(3) In 2000-01, the amount refers to provision for the diminution in the market value of investments with the Exchange Fund during the
period from I January 2001 to 31 March 2001.
In 2001-02, the amount refers to the write-back of the provision in 2000-01, less the estmiated amount required to meet the diminution in the market value of investments with the Exchange Fund in January 2002.
Not applicable.
Source: Finance Bureau, Government Secretariat.
(Enquiry Telephone No.: 2810 3658)