§ Mr. Gowasked the Secretary of State for the Environment who appoints the directors of the National Bus Company and its subsidiaries; whether he will list the directors of the National Bus Company; for how long each has been appointed; what is the salary of each director; and what are the pension arrangements, whether inflation proof or not, of each director.
Salary £ Date of Appointment Date of Expiry of Appiontment Chairman (part-time) Mr. F. A. S. Wood … … 9,115 1st January 1972 31st December 1976 Members (full-time) Mr. S. J. B. Skyrme (Chief Executive) … 14,330 1st January 1972 3rd May 1977 Members (part-time) Mr. A. P. de Boer … … 1,000 28th November 1968 31st December 1976 Lord Cooper … … 1,000 1th April 1972 31st March 1976 Mr. A. E. Orchard Lisle … … 1,000 1st January 1972 31st December 1976 Mr. I. S. Irwin … … 1,000 1st April 1975 31st March 1978 Councillor W. F. Higgins … … 1,000 1st August 1974 31st December 1978 Mrs. M. Wilkinson … … 1,000 1st August 1975 31st December 1978 The one full-time member of the NBC Board is pensionable through a special category of membership of the NBC (Number 1) pension plan, which attracts the provisions of the Pensions (Increase) Acts. No other member of the Board is pensionable in respect of his office.
§ Mr. Gowasked the Secretary of State for the Environment whether he will list the subsidiary companies of the National Bus Company.
§ Dr. GilbertThe names of the subsidiary companies are listed in the NBC's annual report for 1974. Since the publication of that report the following subsidiaries have been formed: National Main Line (Jersey) Ltd., NBC Consultancy Services Ltd.
The subsidiaries of the Northern General Transport Company Ltd. have now become non-operational.
§ Mr. Gowasked the Secretary of State for the Environment what has been the profit or loss of the National Bus Company in each of the years since the company was formed.
§ Dr. GilbertThe profit or loss (a) on revenue account after depreciation and interest at outturn prices for each of the calender years was as follows:
796W
§ Dr. GilbertSchedule 1 to the Transport Act 1968 provides that the Board of the National Bus Company (NBC) shall consist of a Chairman appointed by the Secretary of State and not more than 10 nor fewer than five other members appointed by the Secretary of State after consultation with the Chairman. The appointment of directors to the boards of subsidiary companies is a matter for NBC. The names of the members of the NBC Board, the length of their appointment and their salaries are as follows:
£m. 1969 0.8 1970 8.1(a) 1971 0.4 1972 5.5 1973 2.1 1974 12.3(a) For 1975 the NBC is predicting a loss some £5 million greater than the 1974 outturn.