The information in respect of the private finance initiative (PFI) schemes has been placed in the Library. This shows the capital value of each PFI scheme which has reached financial close as well as all the annual and total payments from revenue sources to the private sector under the life of the contract.
Information on operating and finance leases for both national health service trusts and primary care trusts has also been placed in the Library with appropriate explanatory notes. These are recorded separately by NHS bodies as they have different accounting effects. Under current standard United Kingdom accounting practice, the entity assessed to enjoy the risks and rewards of ownership, irrespective of legal title, will recognise the leased asset in its balance sheet. Where an NHS body is the lessee in a finance lease, the asset will appear in that body's balance sheet; as a lessee in an operating lease no asset is recorded (i.e. it is off balance sheet).