HL Deb 22 May 1975 vol 360 c1528WA
Lord BARNABY

asked Her Majesty's Government:

Whether they will list against the name of each National Industry or Corporation the amounts of their announced

£ million
Year Profit/Loss (—)
National Coal Board 1973–74 −130.7*
Electricity Council and Boards (England and Wales) 1973–74 −176.3
South of Scotland Electricity Board 1973–74 −10.1
North of Scotland Hydro Electric Board 1973–74 −2.7
British Gas Corporation 1973–74 −41.5
British Steel Corporation 1973–74 50.2
Post Office 1973–74 −128.1
British Airways Board 1973–74 16.6
British Airports Authority 1973–74 3.8
British Railways Board 1973 −51.6†
British Transport Docks Board 1973 1.7
British Waterways Board 1973 −0.1‡
National Freight Corporation 1974 −12.3
National Bus Company 1974 −12.3
Scottish Transport Group 1974 −7.4§
* After crediting Government grants totalling £130.1 million for social costs, contribution towards increased pensions, promotion of coal sales to Electricity Boards, stocking aids, coking coal subsidy and regional grants, but excluding special Government grant of £130.7 million.
† After crediting Government grants totalling £91.4 million, largely for unremunerative passenger services, but before £72 million of cash flow shortfall grant.
‡ After crediting Government grant in aid of £3 .7 million.
§ After crediting grant of £0.73 million for David MacBrayne shipping services.

profits or losses in their last reporting years.

Lord JACQUES

The information, as announced by the nationalised industries themselves but excluding compensation for price restraint to the industries concerned (gas, electricity and the Post Office), is as follows: