HC Deb 17 July 1969 vol 787 cc177-8W
Mr. Hooley

asked the Minister of Technology, in the National Research Development Corporation at the most recent convenient date in 1969, what were the total numbers of employees of all grades, the aggregate value of capital assets including land and buildings, the annual income and expenditure, and the current commercial or industrial activities, giving for each separate activity the value of assets employed and the number of employees.

Dr. Bray

The Annual Report and Accounts for 1968–69 is not yet available. The following information is taken from the National Research Development Corporation and Subsidiary Companies Account for the year ending 31st March, 1968:

(i) Average number of persons employed during the year 322
(ii) Aggregate value of capital assets—
Fixed assets 359,345
Investment in projects and patents (including associated companies) 10,972,217
(iii) Annual income 1,297,281
(iv) Annual expenditure 1,879,962

The nature of the corporation's work in developing and exploiting inventions does not permit the identification of separate activities.