HC Deb 23 November 1987 vol 123 cc23-4W
51. Mr. Win Griffiths

To ask the Secretary of State for Energy what is the estimated value of the publicly owned electricity industry(a) using current cost methods and (b) using historic cost methods.

Mr. Parkinson

The net assets employed by the electricity supply industry—England and Wales—as at 31 March 1987 were £37 billion on a current cost accounting basis and £14 billion on a historical cost basis. These figures do not necessarily represent the valuation which will be placed on the industry by the market.