§ Mr. Wrigglesworthasked the Secretary of State for Wales what proportion of the costs of the Welsh water authority arise from servicing debts.
§ Mr. Wyn RobertsI refer the hon. Gentleman to the 9th annual report of the Welsh water authority, which was laid before the House on 26 October 1983—a copy of which is in the Library. Part 12 contains the authority's 1982–83 annual accounts which gives full details of income and expenditure. Interest charged in the profit and loss account was £48,776,000 and represented approximately 30 per cent. of the total charged to that account.
§ Mr. Wrigglesworthasked the Secretary of State for Wales what financial targets he has set for the Welsh water authority; and on what basis he requires it to account for the depreciation of assets.
§ Mr. Wyn RobertsI refer the hon. Gentleman to the reply given to the hon. Member for Caernarfon (Mr. Wigley) on 12 December 1983, at column371. Copies of the relevant orders will be found in the Library.