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National Savings and Investments (DEL)

Volume 506: debated on Tuesday 23 February 2010

Subject to Parliamentary approval of any necessary Supplementary Estimate, National Savings and Investments DEL will be increased by £150,000 to £183,749. Within DEL change, the impact on resources and capital are set out in the following table:

ChangeNew DEL

Voted

Non-voted

Voted

Non-Voted

Total

Resource Del:

150

-

183,749

-

183,749

Of which:

-

Administration budget:

150

-

183,749

-

183,749

Near cash in RDEL:

150

-

179,254

-

179,254

Capital

-

-

3,176

-

3,176

Depreciation*

-

-

-3,015

-

-3,015

Total

150

-

183,910

-

183,910

*Depreciation which forms part of resource DEL, is excluded from the total DEL since capital DEL includes capital spending and to include depreciation of those assets would lead to double counting.

The change in the resource element of DEL arises from:

Transfer of holiday pay accrual from Annually Managed Expenditure (AME) to DEL.