Lord BARNABYasked 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 JACQUESThe 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: