Atomic Energy Authority (Hansard, 3 November 1992)

HC Deb 03 November 1992 vol 213 c140W 140W

§ Mr. Bill Walker
To ask the President of the Board of Trade what financial target and capital expenditure limit has been set for the United Kingdom Atomic Energy Authority for 1992–93.

§ Mr. Eggar
The United Kingdom Atomic Energy Authority's financial target for 1992–93 has been set as an 11 per cent. return on net assets on a current cost basis —before long-term interest payable and extraordinary items—subject to the outcome of a revaluation of the AEA's assets. I have also approved the AEA's capital expenditure programme for the year at £27.3 million.