§ Mr. RedwoodTo ask the Secretary of State for the Environment, Transport and the Regions if he will list the assets sold by his Department and their value broken down by item, in each year from 1991–92 to 1998–99 together with an estimate of the value of asset sales planned for 1999–2000 and 2000–01. [95809]
§ Mr. Prescott[holding answer 26 October 1999]: The following table sets out the proceeds for the Department and its agencies. Assets have not been specified item by item as this information could not be provided without 685W incurring disproportionate cost. The list excludes non-departmental public bodies, Public Corporations and Nationalised Industries. Details of the proceeds received from privatisation and paid into the Consolidated Fund are given separately.
686W
£ Property retained for construction Land and building Plant and equipment Totals Sale of assets for Financial Year 1991–92 DoE/DoT — — — — DVLA — — 95,762 95,762 Totals — — 95,762 95,762 Sale of assets for Financial Year 1993–94 DoE/DoT — — — — DVLA — — 5,500,000 5,500,000 Totals — — 5,500,000 5,500,000 Sale of assets for Financial Year 1994–95 DoE/DoT 1— — — — VCA — — — — MCA — — — — PINS — — — — Highways Agency — — — — DVLA — — — — Totals — — — — Sale of assets for Financial Year 1995–96 DoE/DoT — — 1,800 1,800 VCA — — — — MCA — 257,000 62,000 319,000 PINS — — 365 365 Highways Agency — — — — DVLA — — 2,731 2,731 Totals — 257,000 66,896 323,896 Sale of assets for Financial Year 1996–97 DoE/DoT — — 11,000 11,000 VCA — — — — MCA — 199,000 79,000 278,000 PINS — — 16,643 16,643 Highways Agency — — — — DVLA — — 159 159 Totals — 199,000 106,802 305,802 Sale of assets for Financial Year 1997–98 DETR(C) — — 2,950 2,950 VCA — — 170 170 MCA — 235,000 494,000 729,000 PINS — — 1,533 1,533 Highways Agency 6,017,000 53,731,000 76,000 59,824,000 DVLA — — — — Totals 6,017,000 53,966,000 574,653 60,557,653 Sale of assets for Financial Year 1998–99 DETR(C) — — 615 615 VCA — — 470 470 MCA — 67,000 90,000 157,000 PINS — — — — Highways Agency 4,131,000 56,038,000 33,000 60,202,000 DVLA — — 2,385 2,385 Totals 4,131,000 56,105,000 126,470 60,362,470 1 No significant sales reported
Forecast Sale of assets for Financial Year 1999–2000 £ Land and building Plant and equipment Investments Totals DETR(C) 1789,000 — 211,500,000 312,289,000 VCA — 1,896 — 1,896 MCA 84,000 32,000 — 116,000 PINS — — — — Highways Agency 55,000,000 — — 55,000,000 DVLA — — — — Totals 55,873,000 33,896 11,500,000 67,406,896 1 Plus Seymour House: under negotiation 2 Refers to sale of Railtrack Group Plc shares 3 Plus amount under negotiation
Forecast Sale of assets for Financial Year 2000–01 £ Land and building Plant and equipment Totals DETR(C) 1— 1— 1— VCA — 400 400 MCA 30,000 20,000 50,000 PINS — — — Highways Agency 45,000,000 — 45,000,000 DVLA — — — Totals 45,030,000 20,400 45,050,400 1 No major sales planned
Proceeds from privatisation paid into the consolidated fund £ 1993–94 British Rail net proceeds from sales of businesses 110,000,000 1995–96 British Rail net proceeds from sales of businesses 1556,000,000 Sale of PSA Building Management business 11,914,000 1996–97 British Rail net proceeds from sales of businesses 1253,000,000 Gross proceeds from ROSCO sales 1,822,000,000 Gross proceeds from Railtrack sale 1,930,000,000 Sale of PSA Building Management business 27,550,000 Privatisation of Building Research Establishment 1,700,000 1997–98 British Rail net proceeds from sales of businesses 15,000,000 Sale of PSA Building Management business 2,834,000 Gross proceeds from ROSCO sales (being deferred consideration) 225,000,000 1998–99 Gross proceeds from ROSCO sales (being deferred consideration) 226,000,000 1999–2000 Gross proceeds from ROSCO sales (being deferred consideration) 211,000,000 1 The amounts in respect of British Railways Board were used to reduce the grant paid to BRB by the same amount in those years. 2 Treated as an Appropriation-In-Aid