§ Baroness Noakesasked Her Majesty's Government:
What (a) public dividend capital, and (b) loans, have been advanced to National Health Service trusts in 2002–03 and 2003–04; and how much is estimated to be advanced to (i) National Health Service trusts, and (ii) National Health Service foundation trusts, in 2004–05.[H L2895]
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§ The Parliamentary Under-Secretary of State, Department of Health (Lord Warner)The information requested is given in the table. No loans were issued to National Health Service trusts in 2002–03 or 2003–04. Of the £2,784 million available to the NHS for public dividend capital (PDC) in 2004–05, it is currently estimated that £150 million will fund both PDC and loans to NHS foundation trusts. The estimate of loans and PDC to be issued to NHS foundation trusts will be refined during the year as better information becomes available on spending plans and in-year starts.
Total PDC issued/forecast PDC/loans to NHS Financial Year PDC to NHS trusts £million foundation trusts £million Total £million 2002–03 1,434 0 1,434 2003–04 1,833 0 1,833 2004–05 (estimate) 2,634 150 2,784
§ Baroness Noakesasked Her Majesty's Government:
(a) what amount of dividends, and (b) how much cash they expect to receive from National Health Service foundation trusts in respect of the financial year 2004–05.[HL2896]
§ Lord WarnerThe dividend payable by National Health Service foundation trusts will be calculated on the same basis as for NHS trusts. It is not possible to estimate the amount of dividends, or cash, that will be received until it is known which organisations are to be given NHS foundation trust status during 2004–05.
§ Baroness Noakesasked Her Majesty's Government:
Whether they expect to receive any repayment of public dividend capital from National Health Service foundation trusts during 2004–05; and, if so, how much.[HL2897]
§ Lord WarnerWe are not currently expecting to receive any repayment of public dividend capital from National Health Service foundation trusts during 2004–05.