ENG-2004 — Page 576

506 | Appendices

HK$ Million

Expenditure

Revised

Actual

Actual

1999-2000

2003-2004

Estimate

2004-2005

Operating Expenditure

Recurrent expenditure

Personal emoluments

46,488

49,263

46,773

Personnel related expenses

5,035

4,881

4,831

Pensions

8,254

13,482

15,305

Departmental expenses

10,184

15,073

16,040

Other charges

29,590

34,628

35,766

Subventions—

Education

22,282

25,798

26,147

Medical

27,609

29,112

27,842

Social welfare

6,065

6,922

6,622

University and Polytechnic

13,711

12,904

11,848

Vocational Training Council

2,116

1,926

1,811

Miscellaneous

2,579

3,302

2,866

Non-recurrent

2,008

5,943

5,390

Total Operating Expenditure

175,921

203,234

201,241

Capital Expenditure

General Revenue Account

Plant, equipment and works

1,372

764

964

Capital subventions

954

1,022

826

Funds

Capital Works Reserve Fund

29,490

34,486

35,300

Disaster Relief Fund

32

16

36

Innovation and Technology Fund

184

471

470

Loan Fund

6,580

2,181

2,973

Lotteries Fund

1,039

1,164

Total Capital Expenditure

38,612

39,979

41,733

Total Government Expenditure

214,533

243,213

242,974

Equity Investments (Capital Investment Fund)

8,510

4,253

6,767

Total Government Expenditure and Equity

223,043

247,466

249,741

Investments