HC Deb 26 January 1977 vol 924 c632W
Mr. Skeet

asked the Secretary of State for Energy what is the self-financing ratio of the several State industries within his charge.

Dr. J. Dickson Mabon

The latest firm information is for the financial year 1975–76 when self-financing ratios of the nationalised industries for which my right hon. Friend is responsible were:

per cent.
National Coal Board* 32
British Gas Corporation 66
Electricity (England and Wales)† 87
* including receipts from the disposal to BNOC of the fixed assets of NCB (Exploration) Ltd.
† compensation for price restraint allowed for in internal resources and working capital requirements.
The British National Oil Corporation came into existence only in the last quarter of the financial year 1975–76; the relevant information for the calendar year 1976 will be available in the Corporation's Annual Report and Accounts for 1976.