ENG-1995 — Page 517

APPENDICES

APPENDIX 10

(Chapter 5: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

Revenue

Actual 1993-94

Actual 1994-95

$ Million

Revised Estimate

1995-96

Operating Revenue

Direct taxes

Earnings and profits tax (1)

Indirect taxes

Duties

General rates

Internal revenues (2)

65,439

74,295

78,000

7,113

7.583

8,033

4,461

5,156

5,880

30,020

23,202

22,717

Motor vehicle taxes

4,192

4,662

2,949

Royalties and concessions

1,379

1,653

1,791

Other revenue

Fines, forfeitures and penalties

1,123

1,520

1,621

Properties and investments

2,265

2,103

2,535

Reimbursements and contributions

3,755

4,048

4,665

Utilities-

Airport and air services

2,841

3,046

3,465

Ferry terminals

290

299

310

Postal services

Tunnels

Water

Fees and charges

Interest

Total Operating Revenue

Capital Revenue

Direct taxes

Estate duty

Indirect taxes

2,611

2,739

1,043

2,255

2,308

2,425

8,627

9,562

10,096

3,387

4,942

5,878

139,758

147,118

151,408

1,186

1,459

1,200

Taxi concessions

633

Other revenue

Land transactions

264

393

409

Miscellaneous

2,691

1,449

431

Funds

U

Capital Works Reserve Fund (Land sales and interest)

19,112

20,193

23,003

Capital Investment Fund

2,764

2,799

2,654

Civil Service Pension Reserve Fund

381

Disaster Relief Fund

1

1

2

Loan Fund

823

953

1,238

Total Capital Revenue

Net borrowing

Total Government Revenue

26,841

27,880

29,318

3

166,602

174,998

180,726

437