Gazzetta tal-gvern ta Malta The Malta Government Gazette

Il-Ħamis, 30 ta Marzu, 2017 Thursday, 30th March, 2017 Nru./No. 19,752 Prezz/Price 1.08 Gazzetta tal-gvern ta Malta The Malta Government Gazette Pubblikata b Awtorità Published by Authority SOMMARJU SUMMARY Avviżi tal-gvern... 2937-2956 Notices... 2937-2956

It-30 ta Marzu, 2017 2937 GOVERNMENT OF MALTA Annual Financial Statements 2016 In Terms of Section 65 of the Financial Administration and Audit Act, 1962 THE TREASURY - FLORIANA

2938 Gazzetta tal-gvern ta Malta 19,752 List of Statements 1. Consolidated Fund 2. Treasury Clearance Fund 3. Sinking Funds for the Redemption of Loans 4. Contingencies Fund 5. Social Security Account 6. Good Causes Fund 7. School Council Fund Note: Figures in Statements may not add up due to rounding Treas. 125/2017 Treas. 43/2016 N.A.O. 45/2017

It-30 ta Marzu, 2017 2939 ABSTRACT OF THE CONSOLIDATED FUND ACCOUNT FOR 2016 STATEMENT 1 2016 2015 (170,137,720) (23,536,200) Revenue I Customs and Excise Duties 277,506,407 290,404,789 II Licences, Taxes and Fines 311,008,551 280,871,708 III Income Tax 1,328,269,691 1,184,627,755 IV Value Added Tax 724,798,345 699,998,113 V Fees of Office 71,356,763 51,722,556 VI Reimbursements 28,649,993 28,794,337 VII Public Corporations --- --- VIII Central Bank of Malta 50,000,000 48,000,000 IX Rents 29,883,232 29,261,529 X Dividends on Investment/Receipts 39,147,116 34,935,951 XI Interest on loans made by Government 98,119 360,571 XII Social Security 804,388,725 739,583,040 XIII Grants 102,339,420 176,164,697 XIV Miscellaneous Receipts 39,516,313 70,073,275 Total Ordinary Revenue 3,806,962,675 3,634,798,321 XV Loans 597,901,700 473,234,600 XVI Repayment of loans made by Government 12,184,000 40,416,000 XVII Extraordinary Receipts 1,130,749 757,535 Total Non-Ordinary Revenue 611,216,449 514,408,135 TOTAL REVENUE 4,418,179,125 4,149,206,456 Transfers from Contingencies Fund 40 13 4,418,179,165 4,149,206,469

2940 Gazzetta tal-gvern ta Malta 19,752 ABSTRACT OF THE CONSOLIDATED FUND ACCOUNT FOR 2016 STATEMENT 1 (cont) 2016 2015 Recurrent Expenditure 1 Office of the President 4,699,296 4,001,173 2 House of Representatives 4,628,660 3,699,214 3 Office of the Ombudsman 1,024,950 1,139,991 4 National Audit Office 3,000,000 2,700,000 5 Office of the Prime Minister 33,828,095 32,626,469 6 Public Service Commission 580,812 561,058 7 Information 1,085,256 1,236,957 8 Government Printing Press 1,309,395 1,323,950 9 Electoral Office 2,066,433 7,795,468 10 Government Property Division 7,088,099 8,912,185 11 Ministry for European Affairs and Implementation of the Electoral Manifesto 32,827,571 15,214,813 12 Ministry for Foreign Affairs 26,622,412 23,632,290 13 Ministry for Education and Employment 250,540,923 228,029,465 14 Education 217,801,092 204,430,001 15 Ministry for Sustainable Development, the Environment and Climate Change 66,943,736 53,794,838 16 Ministry for Transport and Infrastructure 94,042,216 84,548,963 17 Ministry for Gozo 29,430,909 27,464,976 18 Ministry for Social Dialogue, Consumer Affairs and Civil Liberties 12,098,698 12,257,073 19 Industrial and Employment Relations 1,514,386 1,218,990 20 Ministry for the Economy, Investment and Small Business 35,772,402 34,488,548 21 Commerce 1,859,159 1,831,878 22 Ministry for Finance 103,482,793 127,037,365 23 Treasury 7,331,490 6,055,434 24 Pensions 96,880,876 91,967,163 26 Inland Revenue 8,146,739 7,959,768 27 V.A.T. 7,123,937 5,994,594 28 Customs 10,987,738 10,971,762 29 Contracts 1,619,643 1,504,054 30 Economic Policy 1,211,292 1,233,617 31 Ministry for Energy and Health 77,132,499 65,811,925 32 [Ministry for] Health 498,137,660 449,484,914 33 Ministry for the Family and Social Solidarity 56,660,649 59,837,001 34 Social Policy 274,307,560 252,540,462 35 Social Security Benefits 900,699,994 868,377,995 36 Social Welfare Standards 1,104,381 1,062,242 37 Elderly and Community Care 94,326,752 84,921,553 38 Ministry for Justice, Culture and Local Government 39,479,219 27,600,412 39 Judicial 13,587,370 13,412,090

It-30 ta Marzu, 2017 2941 ABSTRACT OF THE CONSOLIDATED FUND ACCOUNT FOR 2016 STATEMENT 1 (cont) 2016 2015 Recurrent Expenditure (Continued) 40 Local Government 39,537,858 37,880,784 41 Ministry for Tourism 67,353,685 53,604,771 42 Ministry for Home Affairs and National Security 14,516,935 20,480,502 43 Armed Forces of Malta 46,308,781 44,203,393 44 Police 57,721,148 57,147,737 45 Correctional Services 11,171,815 10,864,122 46 Probation and Parole 1,077,764 1,031,646 47 Civil Protection 5,664,800 4,940,362 TOTAL RECURRENT EXPENDITURE 3,264,337,877 3,056,833,968 25 Public Debt Servicing Contribution to Sinking Fund - Local 3,261,123 3,261,123 Contribution to Special MGS Sinking Fund 50,000,000 25,000,000 Interest - Local 222,124,392 230,405,382 Repayment of Loan - Local 485,398,534 349,377,156 Contribution to Sinking Fund - Foreign 6,465,000 6,465,000 Interest - Foreign 1,329,351 1,817,317 Interest - Short-term borrowing 379 108,047 TOTAL PUBLIC DEBT SERVICING 768,578,778 616,434,025 TOTAL RECURRENT EXPENDITURE AND PUBLIC DEBT SERVICING 4,032,916,656 3,673,267,993

2942 Gazzetta tal-gvern ta Malta 19,752 ABSTRACT OF THE CONSOLIDATED FUND ACCOUNT FOR 2016 STATEMENT 1 (cont) 2016 2015 Capital Expenditure I Office of the President 175,523 122,000 II Office of the Prime Minister 11,967,711 14,893,823 III Ministry for European Affairs and Implementation of the Electoral Manifesto 35,085,312 38,162,811 IV Ministry for Foreign Affairs 1,459,884 2,049,727 V Ministry for Education and Employment 35,136,372 83,484,100 VI Ministry for Sustainable Development, the Environment and Climate Change 35,881,190 95,467,205 VII Ministry for Transport and Infrastructure 49,382,502 79,757,152 VIII Ministry for Gozo 6,019,635 14,510,939 IX Ministry for Social Dialogue, Consumer Affairs and Civil Liberties 801,737 3,138,187 X Ministry for the Economy, Investment and Small Business 38,405,796 60,422,134 XI Ministry for Finance 25,792,147 20,748,243 XII Ministry for Energy and Health 17,804,265 108,104,090 XIII Ministry for the Family and Social Solidarity 4,535,074 5,622,536 XIV Ministry for Justice, Culture and Local Government 7,391,704 23,856,151 XV Ministry for Tourism 16,699,661 4,268,809 XVI Ministry for Home Affairs and National Security 23,761,671 23,861,199 TOTAL CAPITAL EXPENDITURE 310,300,181 578,469,106 XI Ministry for Finance Investment - Equity Acquisition 12,993,015 44,070,878 TOTAL CAPITAL EXPENDITURE AND INVESTMENT 323,293,195 622,539,984 TOTAL EXPENDITURE 4,356,209,851 4,295,807,977 Transfers to Contingencies Fund (40) (13) Balance as at December 31 (108,168,447) (170,137,720) Examined and found to agree with Treasury Books Charles Deguara Auditor General Paulanne Mamo Accountant General

It-30 ta Marzu, 2017 2943 STATEMENT OF THE TREASURY CLEARANCE FUND FOR 2016 STATEMENT 2 Balances as at Transactions during the year Balances as at January 1 December 31 (Debit)/Credit Debits Credits (Debit)/Credit Deposit Accounts Acquisition of Shares 838,545,381 1,862,567 22,001,396 858,684,211 Other Investments 181,429,457 10 4,973,160 186,402,607 Deposits Fund Account 23,294 --- --- 23,294 Short-Term Borrowing 222,050,000 939,889,917 971,839,917 254,000,000 Trust Funds 2,017,505 394,682 470,549 2,093,372 Sinking Funds for the Redemption of Loans 172,058,618 105,334,601 146,257,295 212,981,313 Malta Government Stocks --- 736,450,451 736,450,451 --- Court Deposits 43,532,436 21,465,746 72,068,237 94,134,927 Other Deposits 99,998,072 1,235,614,569 1,187,900,224 52,283,727 1,559,654,764 3,041,012,543 3,141,961,230 1,660,603,450 Advances Accounts Special Advances (96,037,248) --- 20,106,011 (75,931,237) (96,037,248) --- 20,106,011 (75,931,237) 1,463,617,516 3,041,012,543 3,162,067,241 1,584,672,213 Examined and found to agree with Treasury Books Charles Deguara Auditor General Paulanne Mamo Accountant General

2944 Gazzetta tal-gvern ta Malta 19,752 STATEMENT OF THE SINKING FUNDS FOR THE REDEMPTION OF LOANS FOR 2016 STATEMENT 3 Balances Interest/ Revaluation/ Less Balances Sinking Fund as at Contributions Dividends/ Currency Actual as at January 1 Other adjustment Payments December 31 LOCAL LOANS Malta Government Stock 2018 I 78,042,825 3,261,123 2,710,818 --- --- 84,014,766 Special MGS Sinking Fund 72,715,882 50,000,000 (11,063,016) --- --- 111,652,866 TOTAL LOCAL LOANS 150,758,707 53,261,123 (8,352,198) --- --- 195,667,632 BREAK DOWN OF INVESTMENTS (LOCAL) 2015 2016 Central Bank of Malta Deposit Accounts 83,179,508 117,913,133 Malta Government Stocks 67,579,199 77,754,499 TOTAL INVESTMENTS 150,758,707 195,667,632

It-30 ta Marzu, 2017 2945 STATEMENT OF THE SINKING FUNDS FOR THE REDEMPTION OF LOANS FOR 2016 STATEMENT 3 (cont) Balances Interest/ Revaluation/ Less Balances Sinking Fund as at Contributions Dividends/ Currency Actual as at January 1 Other adjustment Payments December 31 FOREIGN LOANS European Union Loan B 366,418 106,000 (927) --- 188,500 282,991 Loan C 721,303 56,000 (1,898) --- 103,200 672,204 Council of Europe Fund 2002 3,381,256 1,800,000 (10,473) --- 2,550,000 2,620,783 for Development 2003 16,701,050 4,500,000 (36,734) --- 7,550,000 13,614,316 Government of Canada 129,885 3,000 (349) 7,689 16,838 123,387 TOTAL FOREIGN LOANS 21,299,911 6,465,000 (50,381) 7,689 10,408,539 17,313,681 TOTAL SINKING FUNDS 172,058,618 59,726,123 (8,402,579) 7,689 10,408,539 212,981,313 BREAK DOWN OF INVESTMENTS (FOREIGN) 2015 2016 Central Bank of Malta Deposit Accounts 21,299,911 17,313,681 TOTAL INVESTMENTS 21,299,911 17,313,681 Examined and found to agree with Treasury Books Charles Deguara Auditor General Paulanne Mamo Accountant General

2946 Gazzetta tal-gvern ta Malta 19,752 ABSTRACT OF THE CONTINGENCIES FUND FOR 2016 STATEMENT 4 Balance as at January 1, 2016 1,165,000 Advances to the Consolidated Fund Warrant No. Vote and Subhead 1 Rec 05 6810 1 2 Cap XV 7838 1 Cap XV 7938 1 3 Rec 05 5808 1 4 Cap VI 7913 1 5 Cap III 7804 1 Cap III 7904 1 6 Rec 10 5672 1 7 Cap II 7801 1 Cap II 7901 1 Cap III 7801 1 Cap III 7901 1 Cap V 7801 1 Cap VI 7801 1 Cap VI 7901 1 Cap VII 7801 1 Cap IX 7801 1 Cap IX 7901 1 Cap X 7801 1 Cap XII 7801 1 Cap XIII 7801 1 Cap XIII 7901 1 Cap XIV 7801 1 Cap XV 7801 1 Cap XVI 7801 1 Cap XVI 7901 1

It-30 ta Marzu, 2017 2947 ABSTRACT OF THE CONTINGENCIES FUND FOR 2016 STATEMENT 4 (cont) Warrant No. Vote and Subhead 8 Rec 20 5859 1 9 Cap XII 7129 1 10 Rec 38 5860 1 11 Rec 22 5861 1 12 Cap VIII 7837 1 Cap VIII 7937 1 13 Cap VI 7368 1 14 Cap V 7318 1 15 Cap VI 7804 1 16 Rec 32 5862 1 Rec 32 5863 1 17 Cap XII 7836 1 Cap XII 7936 1 18 Cap XVI 7930 1 Reimbursements from the Consolidated Fund of Advances made during 2016 Warrant No. 2 of 2016 4 0 (40) Balance as at December 31, 2016 1,165,000 Examined and found to agree with Treasury Books Charles Deguara Paulanne Mamo Auditor General Accountant General

2948 Gazzetta tal-gvern ta Malta 19,752 STATEMENT IN TERMS OF THE SOCIAL SECURITY ACT, 1987 FOR 2016 STATEMENT 5 2016 2015 Source of Funds A. Social Security Contributions 537,796,963 494,745,446 B. Direct Contribution by Government in terms of the Social Security Act, 1987 266,591,762 244,837,593 Total Receipts 804,388,725 739,583,039 Application of Funds A. Benefits payable under the Contributory Schemes i. Invalidity Pensions 25,281,017 24,676,865 ii. Retirement Pensions 479,228,190 444,805,598 iii. Bonus 69,068,249 66,195,240 iv. Widows Pensions 125,331,922 119,001,224 v. Short-term Benefits 13,295,132 13,520,716 Total Expenditure on Benefits payable under the Contributory Schemes * 712,204,509 668,199,643 B. Administration Expenses 7,385,320 7,086,403 C. Expenses in connection with Health Recurrent Services 1. [Ministry for] Health 498,660,087 449,963,122 2. Elderly and Community Care 95,616,605 86,145,743 601,662,012 543,195,268 Total Payments 1,313,866,521 1,211,394,912 Welfare Gap - Difference 509,477,796 471,811,872 Includes an expenditure of 522,427 and 478,208 in 2016 and 2015 respectively under Health (Gozo) Recurrent Vote. Includes an expenditure of 1,289,853 and 1,224,190 in 2016 and 2015 respectively under Elderly and Community Care (Gozo) Recurrent Vote. * Represents only the CONTRIBUTORY BENEFITS payable following the introduction of the two-thirds Pension Scheme in 1979.

It-30 ta Marzu, 2017 2949 STATEMENT IN TERMS OF THE SOCIAL SECURITY ACT, 1987 FOR 2016 STATEMENT 5 (cont) 2016 2015 Non Contributory Benefits also payable under the Social Security Act, 1987 are shown hereunder: i. Children's Allowance 40,824,545 41,662,470 ii. Old Age Pensions 23,550,405 23,519,964 iii. Disability Pensions / Allowance 17,131,737 15,329,205 iv. Social Assistance 69,036,765 75,936,609 v. Medical Assistance 18,308,359 18,239,016 vi. Bonus 9,649,516 10,280,121 vii. Supplementary Assistance 7,735,588 7,374,837 viii. In-work Benefit 2,258,569 --- [Child Supplement Benefit --- 7,836,130 Total Expenditure on Benefits payable under the Non-Contributory Schemes 188,495,485 200,178,352 Examined and found to agree with Treasury Books Charles Deguara Auditor General Paulanne Mamo Accountant General

2950 Gazzetta tal-gvern ta Malta 19,752 STATEMENT OF THE GOOD CAUSES FUND FOR 2016 STATEMENT 6 In terms of Section 65 (1) (b) of the Financial Administration and Audit Act (1962), this Office is expected to publish "a statement of the receipts and expenditure of any fund or account created by this or any other law". The following is a statement of Revenue and Expenditure pertaining to the Good Causes Fund of the Ministry for Finance. Revenue Opening Balance 1,739,545 Total Revenue 1,594,137 Total 3,333,682 Expenditure Total Expenditure 1,063,000 Closing Balance 2,270,682 Total 3,333,682 Examined and found to agree with Treasury Books Charles Deguara Paulanne Mamo Auditor General Accountant General

It-30 ta Marzu, 2017 2951 STATEMENT OF THE SCHOOL COUNCIL FUND FOR 2016 STATEMENT 7 In terms of Section 65 (1) (b) of the Financial Administration and Audit Act (1962), this Office is expected to publish "a statement of the receipts and expenditure of any fund or account created by this or any other law". The following is a statement of Revenue and Expenditure pertaining to the School Council Fund of the Ministry for Education and Employment. Revenue Opening Balance 1,220,850 * Total Revenue 2,031,027 Total 3,251,877 Expenditure Total Expenditure 1,951,808 Closing Balance 1,300,069 Total 3,251,877 * The Opening Balance of 1,220,850 for 2016, as submitted by the Ministry for Education and Employment (Education Department), is different from the Closing Balance of 1,243,448 for 2015 as published on the Financial Report (2015). The Ministry for Education and Employment (Education Department) explained that this discrepancy is a result of two errors in 2015 - the omission of three schools and the inclusion of a unit erroneously included in 2015. Examined and found to agree with Treasury Books Charles Deguara Auditor General Paulanne Mamo Accountant General

2952 Gazzetta tal-gvern ta Malta 19,752 COMPARATIVE RETURN OF REVENUE for the period 1st January 2016 to 31st December 2016 REVENUE Actual Actual Budget Revenue Revenue Jan - Dec Jan - Dec 2016 2016 2015 I Customs and Excise Duties 283,980,000 277,506,407 290,404,789 II Licences, Taxes and Fines 274,458,000 311,008,551 280,871,708 III Income Tax 1,206,700,000 1,328,269,691 1,184,627,755 IV Value Added Tax 729,000,000 724,798,345 699,998,113 V Fees of Office 51,150,000 71,356,763 51,722,556 VI Reimbursements 30,195,000 28,649,993 28,794,337 VII Public Corporations 815,000 --- --- VIII Central Bank of Malta 50,000,000 50,000,000 48,000,000 IX Rents 30,680,000 29,883,232 29,261,529 X Dividends on Investment/Receipts 37,150,000 39,147,116 34,935,951 XI Interest on loans made by Government 356,000 98,119 360,571 XII Social Security 785,700,000 804,388,725 739,583,040 XIII Grants 99,468,000 102,339,420 176,164,697 XIV Miscellaneous Receipts 33,592,000 39,516,313 70,073,275 Total Ordinary Revenue 3,613,244,000 3,806,962,675 3,634,798,321 XV Loans 600,000,000 597,901,700 473,234,600 XVI Repayment of loans made by Government 11,986,000 12,184,000 40,416,000 XVII Extraordinary Receipts 889,000 1,130,749 757,535 Total Non-Ordinary Revenue 612,875,000 611,216,449 514,408,135 TOTAL REVENUE 4,226,119,000 4,418,179,125 4,149,206,456 Note: Figures in Statement may not add up due to rounding The Treasury Authority: Treas 22/2016 Date: 10-03 - 2017 Paulanne Mamo Accountant General

It-30 ta Marzu, 2017 2953 COMPARATIVE RETURN OF EXPENDITURE for the period 1st January 2016 to 31st December 2016 Actual Actual Budget * Expenditure Expenditure Jan - Dec Jan - Dec 2016 2016 2015 RECURRENT EXPENDITURE 1 Office of the President 4,743,000 4,699,296 4,001,173 2 House of Representatives 9,194,000 4,628,660 3,699,214 3 Office of the Ombudsman 1,025,000 1,024,950 1,139,991 4 National Audit Office 3,000,000 3,000,000 2,700,000 5 Office of the Prime Minister 35,201,000 33,828,095 32,626,469 6 Public Service Commission 681,000 580,812 561,058 7 Information 1,350,000 1,085,256 1,236,957 8 Government Printing Press 1,434,000 1,309,395 1,323,950 9 Electoral Office 2,129,000 2,066,433 7,795,468 10 Government Property Division 8,675,000 7,088,099 8,912,185 11 Ministry for European Affairs and Implementation of the Electoral Manifesto 32,867,000 32,827,571 15,214,813 12 Ministry for Foreign Affairs 30,326,000 26,622,412 23,632,290 13 Ministry for Education and Employment 255,863,985 250,540,923 228,029,465 14 Education 219,059,000 217,801,092 204,430,001 15 Ministry for Sustainable Development, the Environment and Climate Change 68,403,000 66,943,736 53,794,838 16 Ministry for Transport and Infrastructure 95,149,000 94,042,216 84,548,963 17 Ministry for Gozo 29,759,000 29,430,909 27,464,976 18 Ministry for Social Dialogue, Consumer Affairs and Civil Liberties 13,258,000 12,098,698 12,257,073 19 Industrial and Employment Relations 1,599,000 1,514,386 1,218,990 20 Ministry for the Economy, Investment and Small Business 37,534,000 35,772,402 34,488,548 21 Commerce [Trade Services] 2,015,000 1,859,159 1,831,878 22 Ministry for Finance 119,874,001 103,482,793 127,037,365 23 Treasury 6,814,000 7,331,490 6,055,434 24 Pensions 97,124,000 96,880,876 91,967,163 26 Inland Revenue 8,909,000 8,146,739 7,959,768 27 V.A.T. 7,381,000 7,123,937 5,994,594 28 Customs 11,367,000 10,987,738 10,971,762 29 Contracts 1,999,000 1,619,643 1,504,054 30 Economic Policy 1,462,000 1,211,292 1,233,617 31 Ministry for Energy [the Conservation of Water] and Health 78,354,000 77,132,499 65,811,925 32 [Ministry for] Health 498,889,000 498,137,660 449,484,914 33 Ministry for the Family and Social Solidarity 61,117,000 56,660,649 59,837,001 34 Social Policy 274,825,000 274,307,560 252,540,462 35 Social Security Benefits 900,700,000 900,699,994 868,377,995 36 Social Welfare Standards 1,232,000 1,104,381 1,062,242 37 Elderly and Community Care 96,525,000 94,326,752 84,921,553 38 Ministry for Justice, Culture and Local Government 40,506,000 39,479,219 27,600,412 39 Judicial 13,956,000 13,587,370 13,412,090 40 Local Government 40,286,000 39,537,858 37,880,784 41 Ministry for Tourism 68,491,000 67,353,685 53,604,771 42 Ministry for Home Affairs and National Security 16,777,000 14,516,935 20,480,502

2954 Gazzetta tal-gvern ta Malta 19,752 COMPARATIVE RETURN OF EXPENDITURE for the period 1st January 2016 to 31st December 2016 Actual Actual Budget * Expenditure Expenditure Jan - Dec Jan - Dec 2016 2016 2015 RECURRENT EXPENDITURE (Cont'd) 43 Armed Forces of Malta 46,656,000 46,308,781 44,203,393 44 Police 59,084,000 57,721,148 57,147,737 45 Correctional Services 11,735,000 11,171,815 10,864,122 46 Probation and Parole 1,093,000 1,077,764 1,031,646 47 Civil Protection 5,882,000 5,664,799 4,940,362 SUBTOTAL RECURRENT EXPENDITURE 3,324,302,986 3,264,337,877 3,056,833,968 23 Treasury EFSF/ESM Credit Line Facility 4,500,000 --- --- TOTAL RECURRENT EXPENDITURE 3,328,802,986 3,264,337,877 3,056,833,968 25 Public Debt Servicing Contribution to Sinking Fund - Local 3,261,123 3,261,123 3,261,123 Contribution to Special MGS Sinking Fund 50,000,000 50,000,000 25,000,000 Interest - Local 224,997,154 222,124,392 230,405,382 Repayment of Loan - Local 482,089,297 485,398,534 349,377,156 Contribution to Sinking Fund - Foreign 6,465,000 6,465,000 6,465,000 Interest - Foreign 1,329,351 1,329,351 1,817,317 Interest - Short-term borrowing 563,075 379 108,047 TOTAL PUBLIC DEBT SERVICING 768,705,000 768,578,778 616,434,025 TOTAL RECURRENT EXPENDITURE AND PUBLIC DEBT SERVICING 4,097,507,986 4,032,916,656 3,673,267,993 Note: Figures in Statement may not add up due to rounding The Treasury Authority: Treas 22/2016 Date: 10-03 - 2017 Paulanne Mamo Accountant General

It-30 ta Marzu, 2017 2955 COMPARATIVE RETURN OF CAPITAL EXPENDITURE for the period 1st January 2016 to 31st December 2016 Actual Actual Budget * Expenditure Expenditure Jan - Dec Jan - Dec 2016 2016 2015 CAPITAL PROGRAMME I Office of the President 217,000 175,523 122,000 II Office of the Prime Minister 13,179,000 11,967,710 14,893,823 III Ministry for European Affairs and Implementation of the Electoral Manifesto 70,551,004 35,085,312 38,162,811 IV Ministry for Foreign Affairs 1,832,000 1,459,884 2,049,727 V Ministry for Education and Employment 39,251,000 35,136,372 83,484,100 VI Ministry for Sustainable Development, the Environment and Climate Change 41,652,000 35,881,190 95,467,205 VII Ministry for Transport and Infrastructure 75,380,000 49,382,502 79,757,152 VIII Ministry for Gozo 6,364,002 6,019,634 14,510,939 IX Ministry for Social Dialogue, Consumer Affairs and Civil Liberties 1,671,002 801,736 3,138,187 X Ministry for the Economy, Investment and Small Business 42,079,000 38,405,796 60,422,134 XI Ministry for Finance 29,808,000 25,792,147 20,748,243 XII Ministry for Energy and Health 28,164,004 17,804,265 108,104,090 XIII Ministry for the Family and Social Solidarity 5,358,002 4,535,074 5,622,536 XIV Ministry for Justice, Culture and Local Government 10,672,000 7,391,704 23,856,151 XV Ministry for Tourism 17,207,000 16,699,661 4,268,809 XVI Ministry for Home Affairs and National Security 25,540,000 23,761,671 23,861,199 TOTAL CAPITAL EXPENDITURE 408,925,014 310,300,181 578,469,106 XI Ministry for Finance Investment - Equity Acquisition 14,584,000 12,993,015 44,070,878 TOTAL CAPITAL EXPENDITURE AND INVESTMENT 423,509,014 323,293,195 622,539,984 TOTAL EXPENDITURE 4,521,017,000 4,356,209,851 4,295,807,977 * INCLUDES SUPPLEMENTARY PROVISION Note: Figures in Statement may not add up due to rounding The Treasury Authority: Treas 22/2016 Date: 10-03 - 2017 Paulanne Mamo Accountant General

2956 Gazzetta tal-gvern ta Malta 19,752 STATEMENT OF THE CONSOLIDATED FUND ACCOUNT FOR THE PERIOD JANUARY TO DECEMBER 2016 COMPARED WITH THAT FOR THE CORRESPONDING PERIOD OF 2015 (Published in terms of Section 64 of the Financial Administration & Audit Act 1962) 2016 2015 Balance on 1st January (170,137,720) (23,536,200) Revenue from 1st January to 31st December 4,418,179,125 4,149,206,456 4,248,041,404 4,125,670,256 Expenditure from 1st January to 31st December Recurrent Services 4,032,916,656 3,673,267,993 Capital Programme 323,293,195 622,539,984 4,356,209,851 4,295,807,977 Balance as on 31st December (108,168,447) (170,137,720) Note: Figures in Statement may not add up due to rounding The Treasury, Malta TR 829/74/1/Vol II MFC 877/63/5 Paulanne Mamo Accountant General

Ippubblikat mid-dipartiment tal-informazzjoni (doi.gov.mt) Valletta Published by the Department of Information (doi.gov.mt) Valletta Mitbugħ fl-istamperija tal-gvern fuq karta riċiklata Printed at the Government Printing Press on recycled paper