HC Deb 01 March 1966 vol 725 cc255-7W
Mr. Awdry

asked 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
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. Diamond

The following tables show gross and net returns as a proportion of the net assets of nationalised industries for each of the last 10 years.

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.