Royal Ordnance Factories (Hansard, 18 June 1984)

HC Deb 18 June 1984 vol 62 cc43-4W 44W

§ Mr. Proctor
asked the Secretary of State for Defence if he will set out in the Official Report the trading performances and results of the royal ordnance factories in each of the last 10 years, indicating the profit or loss and income and expenditure in each case.

§ Mr. Pattie
Sales and surplus on trading in the royal ordnance factories since the trading fund was introduced on 1 July 1974 has been:

Year Sales Surplus (Deficit) on operations

£K £K

1974–75 (9 months) 81,938 4,131

1975–76 149,142 13,870

1976–77 210,980 34,334

1977–78 263,179 38,552

1978–79 284,049 31,199

1979–80 277,720 12,190

1980–81 280,753 (6,795)

1981–82 349,563 9,365

1982–83 448,543 ^*82,109

2,345,867 218,955

^* Includes £19,542 prior year item.

Year	Sales	Surplus (Deficit) on operations
	£K	£K
1974–75 (9 months)	81,938	4,131
1975–76	149,142	13,870
1976–77	210,980	34,334
1977–78	263,179	38,552
1978–79	284,049	31,199
1979–80	277,720	12,190
1980–81	280,753	(6,795)
1981–82	349,563	9,365
1982–83	448,543	^*82,109
	2,345,867	218,955
^* Includes £19,542 prior year item.