30. Captain BALFOURasked the Under-Secretary of State for Air the total sum paid to Imperial Airways, Limited, from public funds since the formation of the company to the end of the financial year 1931, the amount of capital subscribed by shareholders, and the total sum of dividends distributed by the company?
§ Sir P. SASSOONThe total payments from Air Votes in respect of subsidy to Imperial Airways since the formation of the company amount to approximately £2,090,000, of which about £80,000 was recoverable from Dominion or Colonial Governments. I understand that the total capital of the company is £649,000 and that the dividends distributed during the last seven years total £101,667. The rate of dividend for 1931 was 3 per cent.