§ Mr. Neil Hamiltonasked the Chancellor of the Exchequer what is the value of the capital stock of the nationalised industries and publicly owned corporations; and what is the estimated rate of return on this figure for the financial year 1982–83.
§ Mr. Peter Rees[pursuant to his reply, 7 July 1983, c. 175.]: This information is available only on a calendar year basis. The latest year for which figures are available is 1981. At the end of that year the net capital stock of the public corporations, including the nationalised industries, was £140,000 million. The pre-tax real rate of return, including subsidies, was 0.1 per cent. The information underlying this calculation is published in "National Income and Expenditure"—HMSO 1982—and the basis of the calculation is outlined in the Treasury evidence to the Treasury and Civil Service Committee published in "Financing of the Nationalised Industries"—HC 348 III, appendix 12.