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Departments: Private Finance Initiative

Volume 460: debated on Tuesday 22 May 2007

To ask the Secretary of State for Health what the total value of private finance initiative projects included in her Department’s balance sheet (a) is in 2007 and (b) was in each of the last five years, broken down by project. (137808)

A small number of national health service private finance initiative (PFI) schemes are regarded under accounting standards as on balance sheet. These are listed as follows; 100 per cent. of the capital value of these schemes and the corresponding liabilities are on the NHS’s balance sheet.

On balance sheet PFIs

£000

NHS body

2001-02

2002-03

2003-04

2004-05

2005-06

Teignbridge Primary Care Trust

0

2,601

2,722

2,098

2,024

Buckinghamshire Hospitals NHS Trust

34,262

38,484

41,770

44,562

44,853

Queen Mary’s Sidcup NHS Trust

5,454

6,100

6,820

4,500

5,410

Barnet and Chase Farm Hospitals NHS Trust

57,700

1

46,820

35,306

34,893

Oxleas NHS Trust

8,444

15,306

16,267

17,612

17,153

Bromley Hospitals NHS Trust

0

115,245

115,264

114,909

143,930

1 Not stated.

Source:

Audited summarisation schedules of the relevant NHS bodies 2001-02 to 2005-06