§ Mr. RuaneTo ask the Secretary of State for the Environment, Transport and the Regions what was the(a) budgeted and (b) outturn investment by Railtrack in each year since its creation. [105703]
§ Mr. Hill[holding answer 18 January 2000]: Railtrack's budgets for investment are a commercial matter for the company.
The table provides details of Railtrack's outturn infrastructure expenditure in each financial year since 1996–97, when it was privatised.
Analysis of Railtrack infrastructure expenditure, 1996–97 to 1998–99 £ million cash prices 1996–97 1997–981 1998–99 Infrastructure maintenance 732 702 694 Expenditure on renewals 821 1,073 1,098 Backlog expenditure 28 63 92 Enhancement investment 170 208 294 Total infrastructure expenditure 1,751 2,046 2,178 1 As restated in Railtrack's Annual Report and Accounts 1998–99