HC Deb 27 May 1966 vol 729 cc200-2W
Mr. Awdry

asked the Minister of Transport if she will give the total external finance, by source, received by British Railways for each year from 1948.

Mr. John Morris

Up to the end of 1962 British Railways were part of the British Transport Commission and separate figures of finance received are lot available. During this period the Commission received external finance from the following sources:

On Capital Account On Revenue Account
Stock £m. Loans by Minister £m. Loans by Minister(sub-sequently written off) £m. Grants by Minister £m
1948
1949
1950
1951 60
1952 60
1953
1954 80
1955 42
1956 40
1957 61 94
1958 112 97
1959 112 86
1960 145 25 78
1961 144 128
1962 77 186

The external finance received by the British Railways Board has been as follows:

FINANCIAL RESULTS OF THE PUBLICILY OWNED SECTOR OF THE TRANSPORT INDUSTRY SINCE 1949 UNDER THE BRITISH TRANSPORT COMMISSION
1949 1950 1951 1952 1953 1954 Table I 1955
WORKING RESULTS £m £m £m £m £m £m £m
British Railways 10.6 25.2 33.3 38.7 34.6 16.4 1.8
Road Haulage: British Road Services 1.5 −1.1 3.3 1.7 8.9 8.7 4.3
Road Passenger Services: Provincial and Scottish 4.5 3.7 4.1 4.1 5.1 5.3 5.7
London Transport Road Passenger Service 3.6 1.7 −1.4 0.3 0.6 2.0 3.0
London Transport Railways 1.6 1.4 1.3 2.0 1.4 1.8 2.0
Ships 3.1 2.9 2.9 1.9 1.0 1.1 2.0
Inland Waterways −0.3 −0.3 −0.3 −0.2 −0.1 −0.2 −0.3
Docks, Harbours and Wharves −0.8 −0.1 0.8 2.4 2.5 2.6 3.0
Hotels and Catering. −0.2 −0.6 −0.3 −0.1 −0.5 −0.1 −0.5
Letting of Land and Buildings not in operational use 2.1 2.3 2.2 2.2 2.4 2.8 3.2
Total 25.7 35.2 46.0 52.9 55.7 40.4 24.2
INCOME FROM SUBSIDIARY COMPANIES (including travel and tourism companies) 0.7 0.8 0.7 0.3 0.5 0.9 0.8
INCOME FROM NON-CONTROLLED UNDERTAKINGS 1.7 1.6 1.4 1.4 1.4 1.5 1.6
CENTRAL AND OTHER CHARGES(NET) 48.9 51.7 48.0 50.1 53.4 54.7 57.2
BALANCE FOR YEAR −20.8 −14.1 0.1 4.5 4.2 −11.9 −30.6
On Capital Account Loans by Minister On Revenue Account Grants by Minister
£m. £m.
1963 106
1964 15 114
1965 35 132
1966 (to 27th May) 61

Temporary loans from bankers are not included in any of the figures.

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