HC Deb 26 June 1984 vol 62 cc375-6W
Mr. Skeet

asked the Secretary of State for Energy how much of the annual capital charges of the National Coal Board have been consolidated into capital repayments.

Mr. Giles Shaw

None. However, for the purposes of its accounts, the NCB charges certain interest payments to capital account. Interest payments charged to revenue account affect both the board's losses and deficit grant payments to the board. In the past three financial years, deficit grant payments to the board have greatly exceeded interest payments by the board.