HL Deb 22 February 2005 vol 669 c78WS
The Parliamentary Under-Secretary of State, Department of Trade and Industry (Lord Sainsbury of Turville)

My right honourable friend the Secretary of State for Trade and Industry (Ms Hewitt) has made the following Written Ministerial Statement.

Subject to parliamentary approval of the necessary Supplementary Estimate, UK Trade and Investment's resource DEL will be increased by £2,000,000 from £99,087,000 to £101,087,000. Within the DEL change, the impact on resources and capital are set out in the following table:

£ 000
Change Voted New DEL Non-voted Total
Resource 2,000 101,087 0 101,087
Capital 0 248 0 248
Depreciation* 0 -187 0 -187
Total 2,000 101,148 0 101,148

* 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 would lead to double counting.

The change in the resource element of the DEL arises from; (i) utilisation of £2,000,000 from the unused balance of the department's end-year flexibility entitlement to meet the increased requirement for resources particularly in the regions and on inward investment.