Select Committee on Health Minutes of Evidence


Annex C

  Question 4.9k—For each PFI scheme signed or given approval in principle, could the Department provide income and capital charges of Trusts which make up each PFI scheme prior to signing and income.

  The table below shows all NHS trusts with a PFI scheme above £10 million that has reached Financial Close.

Column A

  The income, depreciation and PDC Dividends shown in the audited annual accounts for 1998-99. The interest is the interest paid on Government debt in 1998-99.

Column B

  The income, depreciation, PDC dividends and unitary payment expected to be charged to the income and expenditure account in the first full year in which the PFI scheme is operational.

  Information has not been provided on schemes that are yet to reach financial close. There are only broad indications of the likely level of the unitary payment. PDC dividends have been used as a proxy for the 6 per cent return.


A
Pre PFI
£000s
Source—Audited
Accounts for 1998-99
B
Post PFI
£000s
First year in which
scheme is fully
operational

NORTHERN &
YORKSHIRE RO
South Tees Acute
Hospitals NHS Trust
Income
146,216
167,697
PFI
24,000
Depreciation
6,284
4,075
Interest
3,370
PDC Dividends
1,912
1,936
Carlisle Hospitals NHS TrustIncome
51,479
60,852
PFI
12,300
Depreciation
1,734
1,632
Interest
799
PDC Dividends
307
390
Calderdale Healthcare
NHS Trust
Income
80,726
100,000
PFI
15,254
Depreciation
1,612
1,200
Interest
1,060
PDC Dividends
1,117
2,380
North Durham Health
Care NHS Trust New
DGH
Income
84,002
93,886
PFI
13,634
Depreciation
2,519
1,882
Interest
517
PDC Dividends
1,037
1,380
Leeds Community &
Mental Health Services
NHS Trust
Income
91,538
110,045
PFI
8,718
Depreciation
1,285
1,331
Interest
1,421
PDC Dividends
1,120
2,288
South Durham Health
Care NHS Trust
Income
98,656
115,300
PFI
6,260
Depreciation
3,349
3,780
Interest
888
PDC Dividends
2,860
3,900
TRENT RO
Queens Medical
Centre, Nottingham
University Hospital
NHS Trust
Income
157,640
159,508
PFI1
1,718
Depreciation
7,681
7,982
Interest
3,290
PDC Dividends2
3,582
6,853
EASTERN RO
Norfolk & Norwich
Health Care NHS Trust
Income
132,899
143,000
PFI
34,903
Depreciation
3,848
3,574
Interest
486
PDC Dividends
423
757
LONDON RO
Bromley Hospitals
NHS Trust
Income
113,773
133,855
PFI
23,674
Depreciation
3,131
2,537
Interest
2,678
PDC Dividends
2,680
3,653
Greenwich Healthcare
NHS Trust
Income
97,161
103,343
PFI
18,031
Depreciation
1,943
1,999
Interest
2,633
PDC Dividends
142
2,696
King's Healthcare NHS TrustIncome
199,558
189,953
PFI
17,319
Depreciation
7,986
7,930
Interest
3,974
PDC Dividends
3,631
6,860
Barnet & Chase Farm
Hospitals NHS Trust3
Income
74,917
78,378
PFI
14,688
Depreciation
3,832
1,985
Interest
2,389
PDC Dividends
0
2,754
St George's Healthcare
NHS Trust
Income
185,927
205,124
PFI
6,804
Depreciation
7,546
9,785
Interest
4,322
PDC Dividends
3,673
7,053
Oxleas NHS TrustIncome
68,073
68,000
PFI
1,320
Depreciation
733
760
Interest
839
PDC Dividends
1,052
1,520
SOUTH EAST RO
Dartford & Gravesham
NHS Trust
Income
59,114
57,783
PFI
17,700
Depreciation
2,488
2,552
Interest
2,292
PDC Dividends
1,478
4,333
South Buckinghamshire
NHS Trust
Income
84,423
100,288
PFI
8,224
Depreciation
3,223
2,984
Interest
2,733
PDC Dividends
1,394
4,009
Sussex Weald &
Downs NHS Trust
Income
45,778
48,213
PFI
3,214
Depreciation
681
681
Interest
805
PDC Dividends
784
964
SOUTH WEST RO
Swindon &
Marlborough NHS
Trust
Income
80,348
81,212
PFI
11,156
Depreciation
2,475
517
Interest
1,406
PDC Dividends
545
823
WEST MIDLANDS RO
Worcester Acute
Hospitals NHS Trust
Income
63,714
74,688
PFI
19,152
Depreciation
2,367
325
Interest
1,452
PDC Dividends
1,020
1,427
Hereford Hospitals
NHS Trust
Income
46,403
50,453
PFI
11,345
Depreciation
1,757
854
Interest
337
PDC Dividends
0
625
North Staffordshire
Combined Healthcare
NHS Trust
Income
82,860
89,849
PFI
3,563
Depreciation
1,664
2,037
Interest
1,300
PDC Dividends
1,612
3,677
NORTH WEST RO
South Manchester
University Hospitals
NHS Trust
Income
171,834
203,848
PFI
17,500
Depreciation
7,729
8,900
Interest
2,642
PDC Dividends
5,152
7,700

Notes:

    1.  PFI charges information available and therefore used. Marginal increase in CCEs due to publicly funded elements of scheme.
    2.  Dividend repayment and interest payable.
    3.  The interest figures are for the defunct Wellhouse Trust and do not reflect the merger with Chase Farm Hospitals NHS Trust.


 
previous page contents

House of Commons home page Parliament home page House of Lords home page search page enquiries index

© Parliamentary copyright 2001
Prepared 12 March 2001