§ Mr. HardyTo ask the Chancellor of the Exchequer what is the total sale price received and the net asset value of each public undertaking sold since 1980.
§ Mr. Lilley[holding answer 20 February 1990]: The information the hon. Member requested is as follows. In the case of the 10 water companies I refer the hon. Member to the reply given by my hon. Friend the Parliamentary Under-Secretary of State with responsibility for water to the hon. Member for Leyton (Mr. Cohen) on 5 February 1990, Official Report, columns 436–37.
Net asset values do not take account of contingent liabilities (for example, liabilities to employees, etc).