HL Deb 25 March 2004 vol 659 cc115-6WA
Baroness Noakes

asked Her Majesty's Government:

Further to the statement by the Lord McIntosh of Haringey on 10 March 2004 (HL Deb col. 1278) that 57 per cent of private finance initiative projects are on the balance sheet, whether they will identify:

in England for each year since 1999–2000: and how the figures break down on a regional basis. [HL1719]

The Parliamentary Under-Secretary of State, Department for Culture, Media and Sport (Lord McIntosh of Haringey)

The number of school sport co-ordinators employed in England for each academic year since 1999–2000 is as follows:

(a) these projects, showing the amount for each that was on the balance sheet at the end of 2002–03 or is expected to be on the balance sheet at the end of 2003–04; and

(b) those private finance initiative projects which comprise the 43 per cent of projects that are not on the balance sheet. [HL1874]

Lord McIntosh of Haringey

Where the assets constructed under PFI contracts are reported on departmental balance sheets, the value reported is the full and fair value of the assets concerned.

The estimated capital value of signed PFI contracts where capital assets are accounted for on departmental balance sheets is £20.2 billion. This represents 57 per cent of the total estimated capital value.

Those PFI contracts where the assets concerned are on departmental balance sheets are reported in departmental accounts.

A list of all PFI contracts signed to July 2003 is available on the HM Treasury public website at: http://www.hm-treasury.gov.uk/documents/public_private_partnerships/ppp pfi stats.cfm