HC Deb 20 February 1997 vol 290 c733W
Mr. Bayley

To ask the Secretary of State for Transport how many people Railtrack employed(a) in total, (b) in its Intercity East Coast zone and (c) in its regional Railways North East zone at the time of its share flotation. [16643]

Mr. Watts

As detailed in the prospectus, as at 31 March 1996, Railtrack had approximately 11,500 employees. The information is not available by zone.

Mr. Bayley

To ask the Secretary of State for Transport what was the Government's estimate of the value of Railtrack's(a) capital assets, including stations, light maintenance depots, arch accommodations and commercial property, investment property, track, bridges, tunnels, signalling systems and other land and capital assets and (b) annual commercial turnover (i) in total, (ii) in the Intercity East Coast zone and (iii) in the regional Railways North East zone at the time of the share flotation. [16642]

Mr. Watts

The historical cost of Railtrack's capital assets as described in the sale prospectus was £5,915 million as at 31 March 1994 and £6,492 at 31 March 1995 at current cost. The annual turnover for the year ended 31 March 1995 again as stated in the prospectus was £2,275 million and for the six months ended 30 September 1995 £1,139 million. The information is not available broken down by zone.