§ 51. Mr. Win GriffithsTo ask the Secretary of State for Energy what is the estimated value of the publicly owned electricity industry(a) using current cost methods and (b) using historic cost methods.
§ Mr. ParkinsonThe net assets employed by the electricity supply industry—England and Wales—as at 31 March 1987 were £37 billion on a current cost accounting basis and £14 billion on a historical cost basis. These figures do not necessarily represent the valuation which will be placed on the industry by the market.