§ 44. Mr. Albert Robertsasked the Minister of Technology what is the administrative cost of the United Kingdom Atomic Energy Authority; and what steps he takes to ensure that the costing of uranium fuelling in advanced gas-cooled reactors is a correct reflection of the true costs.
§ Mr. MarshThe expenses of the Atomic Energy Authority are met from the Atomic Energy Vote. The Parliamentary grant on this Vote for the current year is approximately £29½ million of which just over £29.1 million represent payments to the Authority.
The Authority, like the nationalised industries, quotes prices for its uranium fuel which are calculated to cover full costs and, in addition, to earn a surplus towards financing future capital requirements.
§ Mr. J. H. Osbornasked the Minister of Technology what is the approximate division of the proceeds of sales in the United Kingdom Atomic Energy Authority's civil trading account for the year ended 31st March, 1965, as between fuel elements for civil reactors, electricity, radioactive isotopes, and miscellaneous products, respectively.
158W
§ Mr. CousinsThe approximate division of the £35 million shown as proceeds of sales in the U.K.A.E.A's. civil trading account for the year ended 31st March, 1965, as between various products is:
Per cent. Fuel elements for civil reactors … 60 Electricity … 20 Radioactive isotopes … 6 Miscellaneous products … 14
§ Mr. J. H. Osbornasked the Minister of Technology what is the trading profit of the United Kingdom Atomic Energy Authority's civil trading activities as a percentage of relevant turnover and capital employed for the years 1963–64 and 1964–65.
§ Mr. CousinsThe trading profit of the U.K.A.E.A's. civil trading activities expressed as a percentage of relevant turnover and capital employed for the years 1963–64 and 1964–65 was
1963–64 1965–65 Per cent. Per cent. Turnover … 9 10 Capital employed … 10 9