HC Deb 04 May 1982 vol 23 cc1-2W
Mr. R. C. Mitchell

asked the Minister for Trade, pursuant to the Under-Secretary's reply to the hon. Member for Southampton, lichen, on 28 April concerning the contract for salvaging the gold on HMS "Edinburgh", on what date his Department referred the matter to the Director of Public Prosecutions; and on what date the latter referred the matter to the police for investigation.

British Airways Financing in 1972–73 to 1980–81 as percentages of 1971–72
Percentage*
1971–72† 1971–72† 1972–73 1973–74 1974–75 1975–76 1976–77 1977–78 1978–79 1979–80 1980–81
1. Net borrowings (repayments) From NLF 43.6 100 (82) (82) (82) 64 (57) (53) (34) (14) (14)
2. NLF loans outstanding 31 March 187.7 100 81 62 43 57 45 32 24 21 18
3. NLF interests payments 10.8 100 109 88 69 55 88 70 55 45 39
4. PDC issues (cancellation) 100 £60m‡ 19 123 106 17 17 17 17 (266)
5. PDC-value 31 March 65 100 192 210 332 431 446 461 477 492 261
6. PDC-dividend paid by BA (net of ACT) 3.3 100 133 185 333 454 ‡485 212
7. Capital borrowings other than NLF loans-balance 31 March 116 100 88 95 91 95 119 135 154 284 549
8. Lease finance balance 31 March 100 £15m║ 527 746 810 740

Notes:

* The figures have not been adjusted for inflation

† The British Airways board did not assume control of BEA and BOAC until 1 April 1972. The figures for 1971–72 therefore consolidate the financing of the air corporations as if on a post-1972 basis, as shown in BA's 1972–73 accounts.

Mr. Peter Rees

I shall reply to the hon. Member as soon as possible.