§ Harry CohenTo ask the Secretary of State for Trade and Industry what the outstanding amounts of Export Credits Guarantee Department guarantees in respect of military equipment were in financial years(a) 2001–02, (b) 2002–03 and (c) 2003–04. [176443]
§ Mr. Mike O'BrienThe following table lists amounts at risk as at the end of each of the last three financial years in respect of ECGD guarantees for exports of defence related equipment. These figures are made up of future maturities (amounts that have not yet to fall due for payment) and claims outstanding for recovery 1227W (claims paid that ECGD has yet to recover). Claims outstanding are in respect of business underwritten from 1991 onwards as ECGD does not hold claims information on cases supported before this date broken down by industry sector:
£ million At 31 March Future maturities Claims outstanding Total 2002 3,166 489 3,655 2003 3,779 556 4,335 2004 3,496 568 4,064