Mr. Milianasked the Secretary of State for Trade and Industry if he will give the figure for the net borrowings of Rolls-Royce plc at 31 December 1985 using the definition indicated in his answer to the hon. Member for Hastings and Rye (Mr. Warren) on 18 December 1986, Official Report, columns 607–8, along with details of how the figure is made up.
§ Mr. PattieThe net borrowings of Rolls-Royce plc at 31 December 1985 were £273 million. This sum is based on the following figures taken from the company annual report for 1985:
£ million Bank loans, overdrafts and other borrowings falling due within one year 180 falling due after more than one year 62 242 Obligations under financial leases payable within one year 17 payable after more than one year 47 64 306 LESS Cash at bank and in hand 33 273