§ Mr. Tebbitasked the Secretary of State for Trade if he will tabulate the numbers of persons employed together with the output and profit or loss, adjusted to 1975 values, of each of the State-controlled industries for which he is responsible for each year since they came into State ownership.
§ Mr. Clinton DavisExcept for the adjustment of financial results to 1975 values, this information is provided in the annual reports and accounts of the bodies concerned, copies of which are available in the Library.
The following tables give the information for the last 10 years for BA and for the last nine years for BAA.
737W
BRITISH AIRPORTS AUTHORITY Financial year to Persons employed* Total passengers Total cargo and mail Profit‡ Profit at mid-1975 prices† (thousands) (millions) (tonnes)(thousands) £m. £m. 31st March 1967 … 3.4 14.4 288 1.7 3.8 31st March 1968 … 3.5 15.2 320 1.8 4.0 31st March 1969 … 3.8 16.3 385 2.8 5.7 31st March 1970 … 4.2 18.5 418 3.6 7.1 31st March 1971 … 4.3 20.6 426 3.9 7.0 31st March 1972 … 4.5 23.7 449 4.5 7.5 31st March 1973 … 4.5 26.4 545 6.8 10.5 31st March 1974 … 4.6 28.4 595 3.8 5.2 31st March 1975 … 4–4 27.6 60S 3.8 4.4 NOTES
The British Airports Authority was established on 1st April 1966 to own and operate Heathrow, Gatwick, Stansted and Prestwick airports. Figures incorporate Edinburgh Airport from 1st April 1971 and Aberdeen Airport from 1st January 1975.
*Includes police up to 31st March 1974.
‡ Adjusted to take account of changes in the purchasing power of £
‡ Profit after interest on capital borrowings and taxation.