§ The Financial Secretary to the Treasury (Ruth Kelly)Subject to Parliamentary approval of any necessary Supplementary Estimate the Government Actuary's Department DEL will be increased by £642,000 from £983,000 to £1,625,000 and the administration costs limit will be increased by £838,000 from £2,145,000 to £2,983,000. Within the DEL change, the impact on resources and capital are set out in the following table:
Change Voted New DEL Non-voted Total Resource £642,000 £1,625,000 - £1,625,000 Capital 0 £1,538,000 — £1,538,000 Depreciation* £196,000 -£180,000 - -£180,000 Total £838,000 £2,983,000 - £2,983,000 *Depreciation which forms part of resource DEL, is excluded from the total DEL since capital DEL includes capital spending and to include depreciation of those assets and would lead to double counting. The change in the resource element of the DEL arises from:
- (i) an increase of £477,000 to reflect the benefit it has received on a reduced rent currently in the first full five years of tenancy by spreading the value of the rent reduction over the 20 years of the lease,
- (ii) a claim on the DEL reserve of £165,000 to cover a sub-letting void for the property Finlaison House,
- (iii) a reduction in expenditure and associated receipts to reflect changes to GAD's 2003–04 recruitment plans.
There is no change to the capital element of the DEL.