Hms "Edinburgh"

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asked the Minister for Trade, pursuant to the Under-Secretary's reply to the hon. Member for Southampton, lichen, on 28 April concerning the contract for salvaging the gold on HMS "Edinburgh", on what date his Department referred the matter to the Director of Public Prosecutions; and on what date the latter referred the matter to the police for investigation.

British Airways Financing in 1972–73 to 1980–81 as percentages of 1971–72
Percentage^*
	1971–72†	1971–72†	1972–73	1973–74	1974–75	1975–76	1976–77	1977–78	1978–79	1979–80	1980–81
1. Net borrowings (repayments) From NLF	43·6	100	(82)	(82)	(82)	64	(57)	(53)	(34)	(14)	(14)
2. NLF loans outstanding 31 March	187·7	100	81	62	43	57	45	32	24	21	18
3. NLF interests payments	10·8	100	109	88	69	55	88	70	55	45	39
4. PDC issues (cancellation)	—	—	100 £60m‡	19	123	106	17	17	17	17	(266)
5. PDC-value 31 March	65	100	192	210	332	431	446	461	477	492	261
6. PDC-dividend paid by BA (net of ACT)	3·3	100	133	185	—	—	333	—	454 ‡485	212	—
7. Capital borrowings other than NLF loans-balance 31 March	116	100	88	95	91	95	119	135	154	284	549
8. Lease finance balance 31 March	—	—	—	—	—	—	100 £15m║	527	746	810	740

Notes:

^* The figures have not been adjusted for inflation

† The British Airways board did not assume control of BEA and BOAC until 1 April 1972. The figures for 1971–72 therefore consolidate the financing of the air corporations as if on a post-1972 basis, as shown in BA's 1972–73 accounts.

I shall reply to the hon. Member as soon as possible.

Volume 23: debated on Tuesday 4 May 1982