§ Mr. MilburnTo ask the Secretary of State for Health what has been the total capital expenditure in(a) trusts by region and (b) health authorities and other bodies in each of the last three years. [37926]
§ Mr. SackvilleThe total capital expenditure for 1991–92, 1992–93 and 1993–94 will placed in the Library.
The audited figures for 1994–95 are not yet available.
The definition of capital has changed during this period, therefore comparisons between years cannot readily be made. For 1993–94 the threshold value for the definition of capital expenditure was increased from £1,000 to £5,000. This technical change to accounting policy reduced capital expenditure as money spent on tangible assets which was formerly classed as capital was in 1993–94 recorded as revenue. In 1993–94 over £100 million was transferred from capital to revenue to take account of the increase to the capital threshold.