§ Mr. McAllionTo ask the Secretary of State for Scotland what were(a) the numbers of buses owned, (b) the numbers of staff employed and (c) the net book value of the assets of the Scottish Bus Group subsidiary, Eastern Scottish, at the time of its sale; and what were the net proceeds from the sale.
§ Lord James Douglas-HamiltonThe following information relates to the position as at 22 April 1990:
- (a) 391.
- (b) 1,119.
- (c) £6,574,000. The net assets are stated on an historical cost basis, with the exception of heritable land and buildings which were re-valued on a current use basis.
Sale prices for the subsidiaries of the Scottish Bus Group will be made public only after privatisation of all subsidiaries has been completed.