HC Deb 02 February 1970 vol 795 cc37-8W
Mr. Buchanan-Smith

asked the Secretary of State for Scotland what was the

to him in each year since regulations were introduced; and how many applications were approved and how many rejected.

Mr. Ross

The information is as follows:

balance on revenue account, after depreciation and interest, but before taxation, of the North of Scotland Hydro-Electric Board for each of the years since the establishment of the board; and what is the total net trading loss or surplus accumulated by the board throughout the period of its operation.

Mr. Ross

The information is as follows:

Year Revenue Balance
£
1944 Nil
1945 Nil
1946 -2,157
1947 -36,553
1948 -35,635
1949 96,815
1950 5,204
1951 16,520
1952 4,929
1953 14,532
1954 267,505
1955 -778,044
1956 -165,693
1957 359
1958 -112,238
1959 -29,170
1960 222,596
1961 1,687,560
1962 1,412,996
1963 -316,819
15 months to 31st March, 1965* 595,084
1965–66 926,224
1966–67 398,024
1967–68 812,388
1968–69 -1,399,151
Total accumulated net trading surplus 3,645,276†
* The Board had a 15 month accounting period from 1st January, 1964 to 31st March, 1965 on changing from a calendar to a fiscal year basis.
† The total Reserves figure of £6,513,276 in the Board's published Accounts for 1968–69 includes an estimated value of £2,868,000 for unbilled units at 31st March, 1967 when the method of accounting for unbilled units was changed.