§ Mr. PageTo ask the Secretary of State for Energy if he will give in respect of each privatisation since 1979(a) the loss or profit of each company in the five years prior to privatisation and (b) any grants or loans made over the same period.
§ Mr. WakehamThe information is as follows:
23W4 Information from Britoil plc Offer for Sale 1982. Profit figures exclude amounts arising on the discharge of advance oil sale obligations. NB Loan figures are not necessarily on a comparable basis.
Figures are not available for Enterprise Oil as this was not a distinct company in the years prior to privatisation.