HC Deb 22 November 1967 vol 754 cc387-8W
Mr. Ridley

asked the Minister of Power if he will give the total indebtedness of the National Coal Board for each year from 1950 to the present day.

Mr. Freeson

The following is the information:—

NATIONAL COAL BOARD
OUTSTANDING DEBT TO THE EXCHEQUER AT THE END OF EACH ACCOUNTING YEAR OF THE BOARD
Post-vesting advances Compensation for vested assets £ Total
1950 32,454,002 304,757,595 337,211,597
1951 32,233,065 307,534,113 339,767,178
1952 63,446,606 301,333,846 364,780,452
1953 104,743,284 344,975,213 449,718,497
1954 158,784,155 374,509,541 533,293,696
1955 247,219,542 370,707,683 617,927,225
1956 261,669,542 370,852,666 632,522,208
1957 349,278,250 367,342,238 716,620,488
1958 478,409,283 359,916,201 838,325,484
1959 585,046,749 356,017,126 941,063,875
1960 621,411,791 351,988,246 973,400,037
1961 605,811,791 351,988,246 957,800,037
1962 614,851,475 347,825,034 962,676,509
1963–4* 588,400,000 339,100,000 927,500,000
1964–5 625,600,000 334,500,000 960,100,000†
1965–6 575,085,482
1966–7 612,735,482
* The Board's accounting year was changed from the Saturday nearest to 31st December to the last Saturday in March.
† Under the Coal Industry Act 1965 £415 million of the total outstanding debt at 27th March 1965 was cancelled and the distinction between liabilities for vested assets and post-vesting was discontinued.

Forward to