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Royal Ordnance Factories

Volume 972: debated on Monday 29 October 1979

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asked the Secretary of State for Defence if he will give details of the sales, depreciation payments, interest payments, profit after interest and payments to the Consolidated Fund for the Royal ordnance factories in the year to the end of March 1979; and what is the total number of employees of the Royal ordnance factories and their total remuneration.

The provisional figures are as follows:

Sales£284 million
Provision for depreciation£10·4 million
Interest payments£2·7 million
Surplus after interest£33·6 million
Proposed dividend payment to the Consolidated Fund£11·5 million
Average total number of ROF employees£23,235
Their total remuneration£90 million