§ Mr. Skeetasked the Secretary of State for Energy what is the self-financing ratio of the several State industries within his charge.
§ Dr. J. Dickson MabonThe latest firm information is for the financial year 1975–76 when self-financing ratios of the nationalised industries for which my right hon. Friend is responsible were:
The British National Oil Corporation came into existence only in the last quarter of the financial year 1975–76; the relevant information for the calendar year 1976 will be available in the Corporation's Annual Report and Accounts for 1976.
per cent. National Coal Board* … 32 British Gas Corporation … 66 Electricity (England and Wales)† … 87 * including receipts from the disposal to BNOC of the fixed assets of NCB (Exploration) Ltd. † compensation for price restraint allowed for in internal resources and working capital requirements.