Ports (Financial Results) (Hansard, 8 May 1985)

HC Deb 08 May 1985 vol 78 cc401-2W 401W

§ Mr. Chope
asked the Secretary of State for Transport (1) what trading profit or loss the Port of London Authority has made in each of the last six years;
(2) what trading profit or loss the Mersey Docks and Harbour Company has made in each of the last six years.

§ Mr. David Mitchell
The information requested is as follows:
402W

Trading profit/(loss) PLA £ million MDHC £ million

1979 1.28 (1.83)

1980 (1.65) 5.02

1981 3.66 1.25

1982 6.87 (2.34)

1983 3.3^* 6.79

1984 Not yet published 1.92

^* In 1983, in accordance with statutory requirements, the PLA changed its accounting policy to conform closely with the provisions of the Companies Act 1981. This figure is the profit before interest payable.

	Trading profit/(loss) PLA £ million	MDHC £ million
1979	1.28	(1.83)
1980	(1.65)	5.02
1981	3.66	1.25
1982	6.87	(2.34)
1983	3.3^*	6.79
1984	Not yet published	1.92
^* In 1983, in accordance with statutory requirements, the PLA changed its accounting policy to conform closely with the provisions of the Companies Act 1981. This figure is the profit before interest payable.