§ Mr. BurdenTo ask the Secretary of State for the Environment if he will list the efficiency savings for the last financial year for each water company for which figures are available. [32107]
§ Mr. AtkinsAs a result of efficiency savings in 1994–95, water companies announced the following benefits:
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For customers Water company Cash Other Anglian £12 million over 1 year £2 million Trust Fund North West £90 million over 5 years £180 million Discretionary investment Severn Trent £87 million over 4 years £24 million Discretionary investment
For customers Water company Cash Other Yorkshire £20 million over 1 year £125 million Discretionary investment Welsh £40 million over 4 years £38 million Discretionary investment Wessex nil £25 million Discretionary investment
For shareholders Water company Special dividends Other North West £90 million over 5 years nil Severn Trent £87 million over 5 years nil Yorkshire None announced £50 million efficiency dividend paid by core business to support future enhanced dividend growth Welsh Water £9 million per annum in perpetuity Prospect of dividend growth from new base including special dividend
§ Mr. BurdenTo ask the Secretary of State for the Environment if he will list the capital investment made in the last financial year for each water company for which figures are available. [32108]
§ Mr. AtkinsDuring 1993–94, the last full year for which information is available, capital investment made by the water industry totalled £2.9 billion. Figures for individual companies are not held centrally.