asked the President of the Board of Trade the profits of the companies' and local authorities' gas undertakings in Great Britain for the years 1911 to 1929, and the price paid per ton for coal; and similar particulars with regard to the generation of electricity and the production of coke?
The following tables give the profits of statutory gas undertakings (companies and local authorities) for the years 1911–28 both in elusive, except that no particulars are available for the War years 1914–18, and also similar particulars for the years 1921–28 as regards authorised electricity undertakings (supplied by the Ministry of Transport), there being no official information available in respect of earlier years. No corresponding information as to the coke oven industry is available. As regards the price paid per ton for coal by the undertakings referred to, figures are given below for 1921–28 in respect of electricity undertakings. For the other industries no complete information is available, but some information will be found in the evidence given before the Royal Commission on the Coal Industry, 1925; see Volume 2 of the Report, Evidence Part
| Profits of Statutory Gas Undertakings, 1911–1928. | ||||||
| Companies' Undertakings. | ||||||
| Year. | Total Capital (Share and Stock) paid up. | Total Loan Capital (including debenture stock) issued. | Revenue Account. | |||
| Receipts. | Expenditure. | Excess of Receipts over Expenditure. | ||||
| £ | £ | £ | £ | £ | ||
| 1911 | … | 75,379,271 | 15,171,809 | 20,676,711 | 15,562,901 | 5,113,810 |
| 1912 | … | 75,941,588 | 15,376,555 | 21,876,714 | 16,869,372 | 5,007,342 |
| 1913 | … | 76,875,959 | 15,823,096 | 22,805,795 | 18,188,720 | 4,617,075 |
| *1919 | … | 81,464,537 | 17,885,051 | 42,168,875 | 38,346,029 | 3,822,846 |
| 1920 | … | 82,065,243 | 18,418,665 | 53,714,841 | 49,566,608 | 4,148,233 |
| 1921 | … | 83,063,256 | 21,104,283 | 51,870,058 | 47,588,176 | 4,281,882 |
| 1922 | … | 83,793,973 | 22,011,223 | 46,541,952 | 39,785,069 | 6,756,883 |
| 1923 | … | 84,561,849 | 22,035,911 | 44,226,797 | 37,839,199 | 6,387,598 |
| 1924 | … | 85,537,819 | 22,544,907 | 44,293,709 | 38,756,098 | 5,537,611 |
| 1925 | … | 86,557,396 | 22,778,217 | 43,931,719 | 38,098,485 | 5,833,234 |
| 1926 | … | 87,657,953 | 25,370,284 | 48,972,181 | 43,811,615 | 5,160,566 |
| 1927 | … | 88,581,757 | 26,135,262 | 49,885,851 | 42,574,960 | 7,310,891 |
| 1928 | … | 89,771,505 | 29,087,706 | 45,076,381 | 38,013,360 | 7,063,021 |
| Local Authorities' Undertakings. | |||||||
| Year. | Total amount of money borrowed. | Total amount of loans repaid and balance in Sinking Fund. | Revenue Account. | Interest paid on loans, amount of loans repaid and amount placed to Sinking Fund during year. | Net Surplus. | ||
| Receipts. | Expenditure. | Excess of Receipts over Expenditure. | |||||
| £ | £ | £ | £ | £ | £ | £ | |
| 1911–12 | 42,149,338 | 15,680,794 | 10,783,730 | 7,847,447 | 2,936,283 | 1,951,491 | 984,792 |
| 1912–13 | 42,649,206 | 16,718,872 | 11,496,514 | 8,485,518 | 3,010,996 | 1,939,648 | 1,071,348 |
| 1913–14 | 43,464,112 | 17,946,271 | 11,790,584 | 9,320,809 | 2,469,775 | 1,950,941 | 518,834 |
| *1919–20 | 46,867,552 | 23,907,079 | 21,819,391 | 19,343,782 | 2,475,609 | 2,126,260 | 349,349 |
| 1920–21 | 48,916,008 | 25,076,806 | 27,244,570 | 24,535,685 | 2,708,885 | 2,269,573 | 439,312 |
| 1921–22 | 53,770,157 | 26,725,430 | 26,569,144 | 25,061,731 | 1,507,413 | 2,610,228 | 1,102,815† |
| 1922–23 | 57,123,829 | 28,616,471 | 24,084,699 | 19,414,366 | 4,670,333 | 2,901,500 | 1,768,833 |
| 1923–24 | 58,612,494 | 30,027,099 | 23,349,561 | 18,754,701 | 4,594,860 | 2,965,295 | 1,629,565 |
| 1924–25 | 60,323,048 | 31,746,240 | 22,416,281 | 19,131,529 | 3,281,752 | 3,026,677 | 258,075 |
| 1925–26 | 62,652,376 | 33,426,330 | 22,110,924 | 18,810,163 | 3,300,761 | 3,053,909 | 246,852 |
| 1926–27 | 65,996,664 | 35,070,757 | 25,729,687 | 23,161,132 | 2,568,555 | 3,210,529 | 641,974 † |
| 1927–28 | 68,688,302 | 37,330,482 | 24,944,456 | 21,037,888 | 3,906,568 | 3,460,515 | 446,053 |
| 1928–29 | 70,590,646 | 38,881,392 | 23,182,175 | 18,257,668 | 4,924,507 | 3,469,448 | 1,455,059 |
| * Particulars are not available for the years 1914 to 1918. | † Deficit. | ||||||
A, page 179, and Volume 3, Appendices (page 23), for the f.o.b. prices of gas coal; and Volume 2, Part B, page 843, as to the prices of coal used in coke ovens.
Authorised Electricity Undertakings in Great Britain.
| |||||||
| (1) Local Authorities. | |||||||
| Year. | Capital Expenditure at end of year. | Gross Surplus. | Appropriation of Gross Surplus. | ||||
| Interest. | Sinking Funds. | Other Purposes. | |||||
| £ | £ | £ | £ | £ | |||
| 1921–22* | … | … | 92,115,513 | 7,751,580 | 2,911,053 | 3,238,828 | 1,601,699 |
| 1922–23 | … | … | 103,477,827 | 10,805,563 | 3,291,279 | 3,748,079 | 3,766,205 |
| 1923–24 | … | … | 113,668,066 | 11,042,140 | 3,442,189 | 4,216,476 | 3,383,475 |
| 1924–25 | … | … | 125,312,527 | 11,009,356 | 3,620,905 | 4,250,183 | 3,138,268 |
| 1925–26* | … | … | 139,205,654 | 11,609,361 | 4,045,000 | 4,500,303 | 3,064,058 |
| 1926–27 | … | … | 152,981,602 | 10,816,396 | 4,530,951 | 4,893,612 | 1,391,833 |
| 1927–28 | … | … | 169,386,684 | 15,111,261 | 4,987,503 | 5,405,181 | 4,718,577 |
| 1928–29 | … | … | 184,743,505 | 15,498,315 | 5,437,455 | 5,737,785 | 4,323,075 |
| (2) Companies. | |||||||
| Year. | Capital Expenditure at end of year. | Gross Surplus. | Appropriation of Gross Surplus. | ||||
| Interest. | Dividends. | Depreciation and other purposes. | |||||
| £ | £ | £ | £ | £ | |||
| 1921* | … | … | 51,600,747 | 4,062,258 | 984,141 | 1,570,957 | 1,507,160 |
| 1922 | … | … | 54,746,509 | 5,674,529 | 1,115,014 | 1,998,477 | 2,561,038 |
| 1923 | … | … | 60,189,998 | 6,749,547 | 1,176,635 | 2,456,029 | 3,116,883 |
| 1924 | … | … | 68,707,131 | 7,419,509 | 1,219,829 | 2,730,409 | 3,469,271 |
| 1925 | … | … | 77,832,652 | 8,048,361 | 1,330,036 | 2,993,944 | 3,724,381 |
| 1926* | … | … | 85,746,032 | 7,842,238 | 1,628,738 | 3,398,230 | 2,815,270 |
| 1927 | … | … | 99,615,409 | 9,679,558 | 1,820,525 | 3,755,547 | 4,103,486 |
| 1928 | … | … | 112,933,507 | 10,357,553 | 2,012,058 | 4,202,758 | 4,142,737 |
Coal.
| ||||
| s. | d. | |||
*1921–22 | … | 35 | 0 | |
| 1922–23 | … | 20 | 5 | The average cost per ton of Coal and Coke used in the generating stations of all the authorised electricity undertakings was as indicated, the amount of Coke representing between 1 and 2 per cent. only of the Coal tonnage. |
| 1923–24 | … | 20 | 2 | |
| 1924–25 | … | 20 | 8 | |
| 1925–26 | … | 18 | 0 | The figures apply to the calendar year in the case of companies and to the year ending 31st March following in the case of local authorities |
*1926–27 | … | 31 | 2 | |
| 1927–28 | … | 17 | 10 | |
| 1928–29 | … | 15 | 7 | |
* Years of Coal stoppage. | ||||