§ Mr. Trotterasked the Chancellor of the Exchequer if he will give the total profit of private and nationalised industries
Gross profits arising in united kingdom* Rate of return on capital employed† Percent. £ million £ per employee Private industry Public corporation Private industry Public corporation Large, quoted companies in manufacturing, distribution, etc.‡ Nationalised industries § 1963 … … 7,213 909 408 426 13.5 4.1 1964 … … 7,907 1,000 441 481 14.7 4.3 1965 … … 8,457 1,078 465 533 13.9 4.1 1966 … … 8,605 1,140 471 599 12.3 3.9 1967 … … 8,972 1,234 508 605 12.7 3.8 1968 … … 10,090 1,485 585 715 14.2 4.8 1969 … … 10,373 1,594 603 784 14.1 6.1 1970 … … 11,036 1,601 652 833 13.1 5.1 1971 … … 12,458 1,678 756 888 14.0 4.3 1972 … … 14,630 1,840 890 1,017 16.2 5.2 1963 to 1972 (annual average) 9,974 1,356 578 688 13.9 4.6 *Including rent and non-trading income and before providing for depreciation, stock appreciation, interest or taxes. † Net income as a percentage of average net assets at book values. ‡ Companies operating mainly in the United Kingdom. Net income is gross income net of book value depreciation and short term interest. The average net assets are net of accumulated depreciation and represent net fixed assets at book values, plus current assets and investments, less current liabilities including bank loans and overdrafts. § In the case of the nationalized industries, net income is gross income net of book value depreciation but before charging interest and taxes. The average net assets are net of accumulated depreciation and represent net fixed assets at book values, plus current assets and investments, less current liabilities other than bank loans and overdrafts.