I am today laying before Parliament, with the Comptroller and Auditor General, the annual report and accounts for 2005-06 for the Criminal Injuries Compensation Authority. It is being laid before the Scottish Parliament by the Scottish Ministers simultaneously. The annual report and accounts will be published by 29 June.
The annual report and accounts describe the activities of the authority in paying financial compensation to victims of violent crime, under the terms of the Criminal Injuries Compensation Act 1995.
The accounts estimate the final settlement value of cases in progress and the predicted value of applications which have not yet been received in respect of crimes that have already occurred. As a result, the balance sheet at 31 March 2006 shows net liabilities of £1,252 million and an operating surplus of £4 million.
In 2005-06 the authority received 63,078 applications for compensation and resolved 62,073. The number of cases outstanding at 31 March 2006 was 85,689. The proportion of cases decided within 12 months was 69.1 per cent.