Coal, Electricity and Gas Industries (Revenue)

HC Deb 09 March 1966 vol 725 cc592-3W

Mr. Alison

asked the Minister of Power what were the profits or losses in each of the last 10 years, after depreciation but before tax, of the nationalised industries for which he is responsible.

Mr. Frederick Lee

The revenue balances, after depreciation and interest but before tax, recorded by the coal, electricity and gas industries over the

	National Coal Board		£ million
			Electricity (*)	Gas (†)
1955	…	…	−19.3	1955/56	…	…	12	0.5
1956	…	…	17.8	1956/57	…	…	12	3.8
1957	…	…	−5.3	1957/58	…	…	16	2.8
1958	…	…	−13.5	1958/59	…	…	27	−1.5
1959	…	…	−24.0	1959/60	…	…	27	−2.4
1960	…	…	−21.3	1960/61	…	…	16	2.0
1961	…	…	−13.8	1961/62	…	…	27	3.3
1962	…	…	1.4	1962/63	…	…	43	4.9
1963/64 (15 months)	…	…	0.1	1963/64	…	…	70	9.6
1964/65 (12 months)	…	…	0.5	1964/65	…	…	64	15.2
(*) C.E.G.B. and Area Electricity Boards in England and Wales.
(†) The 12 Area Gas Boards covering England, Wales and Scotland.