§ Mr. Leighasked the Secretary of State for Scotland if he will publish the return on capital investment and the lending outlay of the Scottish Development Agency for the latest year for which figures are available.
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§ Mr. Allan StewartThe basis for measuring the return on capital on the Scottish Development Agency's investment function is set out in its financial duty, a copy of which I shall place in the House Library. On this basis, the return for 1982–83 was 2.82 per cent. In carrying out this function the agency made investments totalling £9.633 million in 1982–83, of which £3.47 million was in the form of loans and £6.163 million in the form of equity and preference shares.
§ Mr. Leighasked the Secretary of State for Scotland if he will publish the number and cost of factories built and the number and value of those sold by the Scottish Development Agency.
§ Mr. Allan StewartThe information requested is given in the table. The square footage involved is also provided as the number of factories is of limited value because of varying sizes. Figures are also provided of factories which have been subject to a major refit since 1977, prior to which separate records were not maintained. Individual sales may include more than one factory, but it is not possible to distinguish these readily from existing records.
Number Cost (£ million) Sq ft million Factories built from 1975 to 1983 (including value of land) 784 109.86 4.95 Refits from 1977 to 1983 241 20.46 3.14 Totals 1,025 130.32 8.09 Sales from 1975 to 1983 41 12.76 2.1