§ Lord Shore of Stepneyasked Her Majesty's Government:
Further to the annual loss figures for BMW for 1998 and 1999 given by the Secretary of State for Trade and Industry in his statement on the future of Rover (HC Deb, 16 March, col. 577), what were the equivalent figures for 1995, 1996 and 1997. [HL1669]
§ The Minister for Science, Department of Trade and Industry (Lord Sainsbury of Turville)The annual loss figures referred to by the Secretary of State in his statement were for Rover Group. Under the BMW accounting system these (losses) were £158 million in 1995; £119 million in 1996; £92 million in 1997; £642 million in 1998; and £750 million in 1999.