v34e

22-34 GOVERNMENT'S RESERVE BALANCES (GENERAL REVENUE ACCOUNT AND FUNDS) |  |
(HK＄ million) |  |  |  |  |  |  |
Item | 1990/91 | 1995/96 | 1996/97 | 1997/98 | 1998/99 |  |
Opening Reserve Balances | 72578 | 151040 | 147927 | 370677# | 457543 |  |
Revenue① | 89524 | 180045 | 208358 | 275220 | 216115 |  |
Expenditure① | 85557 | 183158 | 182680 | 194360 | 239356 |  |
Sub-total | 3967 | -3113 | 25678 | 80860 |  |  |
Change in Net Worth of Land Fund | 0 | 0 | 0 | 6006 |  |  |
Surplus/(Deficit) | 3967 | -3113 | 25678 | 86866 | -23241 |  |
Closing Reserve Balances | 76545 | 147927 | 173605 | 457543 | 434302 |  |
Notes: ①Figures exclude 'transfers between the General Revenue Account and Funds'. |  |  |  |  |  |  |
# Including net worth of ＄197072 million received from Trustee of the former Kong Kong SARG Land Fund |  |  |  |  |  |  |
at 1 July 1997. |  |  |  |  |  |  |