ENG-2008 — Page 530

450 Appendices

HK$ Million

Summary of financial position

Revised

Actual

Actual

estimate

2003-2004

2007-2008 2008-2009

Total Government Revenue

207,338

358,465

312,885

Less total Government Spending

247,466

234,815

317,766

Consolidated surplus/(deficit)

(40,128)

123,650

(4,881)

Reserve balance at 1 April

Reserve balance at 31 March

315,471* 369,264 492,914

275,343

492,914

488,033

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 and stamp

duties.

(3) The tax-loaded portion of fees and charges is re-classified under tax revenue.

(4) The Lotteries Fund was included in the Consolidated Account of the Government with effect from 1 April 2003. This is consistent with the accounting treatment of other Funds established by resolution of the Legislative Council.

+

The balance of $4,069 million for Lotteries Fund was included in the reserve with effect from 1 April 2003.

Source: Financial Services and the Treasury Bureau, Government Secretariat.

(Enquiry Telephone No.: 2810 3658)