23-32 Government's Reserve Balances (General Revenue Account and Funds) |
|  |  | (HKD 100 million) |
Item | 1997/1998 | 1998/1999 | 1999/2000 | 2000/2001 | 2001/2002 |
Opening Reserve Balances | 3706.77+ | 4575.43 | 4343.02 | 4442.54 | 4302.78 |
Revenue① | 2812.26 | 2161.15 | 2329.95 | 2250.60 | 1755.59 |
Expenditure① | 1943.60 | 2393.56 | 2230.43 | 2328.93 | 2388.90 |
Surplus/(Deficit) | 868.66 | -232.41 | 99.52 | -78.33 | -633.31 |
Profits-back of Provision for Loss in |  |  |  |  |  |
Investments with the Exchange Fund | - | - | - | -61.43 | 55.56 |
Closing Reserve Balances | 4575.43 | 4343.02 | 4442.54 | 4302.78 | 3725.03 |
Notes: ①Figures exclude 'transfers between the General Revenue Account and Funds'. |
+ Including net worth of $197072 million received from Trustee of the former Hong Kong SARG Land Fund at 1 July 1997. |