§ Mr. Awdryasked the Chancellor of the Exchequer if he will give the actual
TABLE I NATIONALISED INDUSTRIES Gross Income (before depreciation) as a Proportion of Net Assets (after depreciation)* Percentage 1955 1956 1957 1958 1959 Post Office … 10.0 11.6 12.2 12.6 13.2 National Coal Board‡ … 7.7 14.1 10.9 9.8 8.3 Electricity Council … 9.9 9.3 9.6 10.6 10.7 North of Scotland Hydro-Electric Board … 3.4 4.8 4.9 5.1 5.4 South of Scotland Electricity Board … 10.0 11.4 10.1 9.2 9.5 Gas Council … 8.4 8.7 8.8 7.8 7.9 B.O.A.C. … 13.2 11.9 6.7 6.4 12.7 B.E.A. … 17.5 14.7 18.1 13.5 17.6 British Transport Commission … 4.1 2.7 2.4 1.0 2.3 British Railways Board† … London Transport Board† … British Transport Docks Board† … British Waterways Board† … Transport Holding Coy† … All Nationalised Industries … 7.3 7.9 7.6 7.3 7.9 1960 1961 1962 1963 1964 Post Office … 13.0 11.0 10.8 12.4 11.4 National Coal Board‡ … 9.4 10.4 13.7 14.5 12.9 Electricity Council … 10.2 10.5 11.1 11.8 11.4 North of Scotland Hydro—Electric Board … 5.8 6.7 6.6 5.8 6.4§ South of Scotland Electricity Board … 9.7 9.6 10.0 10.0 10.2§ Gas Council … 8.9 9.1 9.4 9.8 10.5 B.O.A.C. … 14.3 6.0 8.6 21.2 25.8 B.E.A. … 15.2 9.4 11.7 17.4 15.8 British Transport Commission … 1.4 0.6 0.2 British Railways Board† … −1.1 −0.1 London Transport Board† … 7.9 7.2 British Transport Docks Board† … 8.2 8.0 British Waterways Board† … −0.8 −0.6 Transport Holding Coy† … 14.8 17.0 All Nationalised Industries … 7.7 7.3 7.9 9.5 9.5 256W
TABLE II NATIONALISED INDUSTRIES Net Income(before depreciation) as a Proportion of Net Assets(after depreciation)* Percentage 1955 1956 1957 1958 1959 Post Office … 4.4 6.9 7.5 8.0 8.6 National Coal Board‡ … 0.4 6.8 3.6 2.8 1.6 Electricity Council … 5.1 4.7 5.0 5.7 5.6 North of Scotland Hydro-Electric Board … 1.8 3.2 3.3 3.5 3.9 South of Scotland Electricity Board … 4.6 5.7 4.4 4.2 4.4 Gas Council … 4.0 4.4 4.5 3.4 3.3 B.O.A.C. … 4.2 3.4 −0.2 −0.7 3.9 B.E.A. … 7.0 4.1 8.5 5.0 9.5 British Transport Commission† … 1.9 0.2 −0.6 −2.1 −1.3 British Railways Board† … London Transport Board† … British Transport Docks Board† … British Waterways Board† … Transport Holding Coy.† … All Nationalised Industries … 3.1 3.7 3.2 2.8 3.1 percentage return on capital invested and capital employed, respectively, in each of the nationalised industries, and for all the nationalised industries taken together, for each of the last 10 years.
§ Mr. DiamondThe following tables show gross and net returns as a proportion of the net assets of nationalised industries for each of the last 10 years.
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1960 1961 1962 1963 1964 Post Office … 8.5 6.5 6.2 7.8 6.9 National Coal Board ‡ … 2.3 3.1 5.0 5.7 4.4 Electricity Council … 5.1 5.5 6.0 6.8 6.4 North of Scotland Hydro-Electric Board … 4.3 5.2 5.1 4.2 4.7§ South of Scotland Electricity Board … 4.4 4.9 5.8 5.6 5.3§ Gas Council … 4.2 4.4 4.7 5.2 6.0 B.O.A.C. … 3.6 −24.6 −9.8 6.6 13.0 B.E.A. … 7.0 −0.3 2.3 8.7 5.2 British Transport Commission† … −2.4 −2.9 −3.1 British Railways Board† … −4.8 −4.0 London Transport Board† … 4.6 4.2 British Transport Docks Board† … 5.3 5.2 British Waterways Board† … −5.8 −5.1 Transport Holding Coy.† … 8.7 10.8 All Nationalised Industries … 2.8 2.2 2.9 4.4 4.4 * Figures are on a standardised basis in order to achieve comparability. † Calendar years. ‡ In 1963 accounting change from calendar to financial years. The figures for 1963 have been reduced to represent a twelve month period. § Latest accounts cover the period 1st January, 1964 to 31st March, 1965. Figures have been reduced to represent a twelve month period.