National Bus Company

HC Deb 05 July 1978 vol 953 c200W

49. Mr. Mudd

asked the Secretary of State for Transport when he next intends to meet the chairman of the National Bus Company.

Mr.William Rodgers

Next week.

64. Mr. Ridley

asked the Secretary of State for Transport what profit, or loss, was earned by the National Bus Company in 1977 after charging depreciation on a replacement basis, but before taxation and interest.

Mr.William Rodgers

The effect of charging depreciation on a current cost replacement basis is to produce a loss of £8,877,000 in 1977 before taxation and interest.