ENG-2002 — Page 553

Table 8

APPENDICES

(Chapter 3: The Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

$ Million

Revenue

Actual

1997-1998

Actual 2001-2002

Revised Estimate 2002-2003

Operating Revenue

Direct taxes

Earnings and profits tax (1)

91,524

77,749

71,400

Indirect taxes

Duties

8,465

6,981

6,593

General rates

6,258

12,727

8,832

Internal revenues (2)

44,263

21,077

19,380

Motor vehicle taxes

4,246

2,676

2,605

Royalties and concessions

1,889

1,881

1,728

Other revenue

Fines, forfeitures and penalties

1,566

926

817

Properties and investments

7,159

8,621

7,962

Reimbursements and contributions

6,042

4,154

3,963

Utilities-

Airport and air services

3,968

Ferry terminals

264

206

216

Postal services

53

Water

2,450

2,471

1,471

Sewage services

689

393

Fees and charges

11,279

10,916

9,699

Interest

8,976

225

2,681

Land Fund-Investment income

6,006

106

11,911

Total Operating Revenue

204,408

151.405

149,651

Capital Revenue

Indirect taxes

Estate duty

1,588

1,928

1,500

Taxi concessions

23

Other revenue

20,128

3,312

3,504

Funds

Capital Works Reserve Fund (Land sales and interest)

48,067

10,683

11,792

Capital Investment Fund

3,888

2,816

2,425

Civil Service Pension Reserve Fund

647

5

564

Disaster Relief Fund

2

1

Innovation and Technology Fund

27

230

Loan Fund

Total Capital Revenue

Total Government Revenue

2,475

5,382

3,679

76,818

24,154

23,694

281,226

175,559

173,345

465