ENG-2009 — Page 536

456 Appendices

HK$ Million

Summary of financial position

Revised

Actual

Actual

estimate

2004-2005

2008-2009

2009-2010

Total Government Revenue

263,591^

316,562

308,516

Less total Government Expenditure

242,235

312,412

291,189

Repayment of bonds and notes

2,700

3,500

Consolidated surplus

21,356

1,450

13,827

Reserve balance at 1 April

Provision for loss in investments

with the Exchange Fund

Reserve balance at 31 March

275,343

(718)+

492,914

494,364

295,981

494,364

508,191

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.

A

†

Including $25,394 million being the net proceeds from the issuances of government bonds and notes credited to the Capital Works Reserve Fund.

The amount refers to provision for the diminution in the market value of investments with the Exchange Fund during the period from 1 January to 31 March of the financial year.

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

(Enquiry Telephone No.: 2810 3658)