Royal Mail Group

HC Deb 16 December 2002 vol 396 c541W

Mr. Yeo

To ask the Secretary of State for Trade and Industry how much net profit was made by the Royal Mail Group in each year since 1990. [86446]

Ms Hewitt

The profit after tax for Royal Mail Group for each year since financial year 1989–90 is set out in the following table.

Year	Profit (Loss) after Tax (£ million)
1989–90	3
1990–91	31
1991–92	152
1992–93	187
1993–94	195
1994–95	314
1995–96	270
1996–97	361
1997–98	447
1998–99	496
1999–2000	(264)
2000–01	49
2001–02	(940)