ENG-2003 — Page 562

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Table 8

APPENDICES

(Chapter 3: Economy)

Total Government Revenue and Expenditure and Summary of Financial Position

$ Million

Revenue

Actual

1998-1999

Actual 2002-2003

Revised Estimate 2003-2004

Operating Revenue

Direct taxes

Earnings and profits tax (1)

75,746

73,028

78,080

Indirect taxes

Duties

7,698

6,620

6,539

General rates

3,614

8,923

11,131

Internal revenues(2)

23.404

19,464

22,595

Motor vehicle taxes

2,237

2,510

2,712

Royalties and concessions

1,286

1,726

1,654

Other revenue

Fines, forfeitures and penalties

1.333

843

822

Properties and investments

8.335

8,015

7,708

Reimbursements and contributions

6,517

4,405

3,212

Utilities-

Airport and air services

1.087

Ferry terminals

198

225

207

Postal services

Water

2,415

1,458

2.093

Sewage services

700

385

550

Fees and charges

10,565

9,687

10,369

Investment Income

General revenue account

21,568

2,766

5,886

Land Fund

10,080

13,281

17,150

Total Operating Revenue

176,783

153,336

170,708

Capital Revenue

Indirect taxes

Estate duty

1,237

1,403

1,500

Taxi concessions

Other revenue

2,453

2,760

2,866

Funds

Capital Works Reserve Fund (Land sales and interest) Capital Investment Fund

25,686

12,190

6,025

6,329

2,432

2,423

Civil Service Pension Reserve Fund

1,091

631

1,146

Disaster Relief Fund

3

2

3

Innovation and Technology Fund

271

422

Loan Fund

Lotteries Fund

Total Capital Revenue

Total Government Revenue

2,533

4,464

17,551

1,193

39,332

24,153

33,129

216,115

177,489

203,837