Written question asked by Christopher Gill (Conservative) on Tuesday, 1 May 2001, in the House of Commons. It was due for an answer on Thursday, 10 May 2001. It was answered by Elliot Morley (Labour) on Thursday, 10 May 2001 on behalf of the Forest Enterprise.

Ministry of Agriculture Fisheries and Food;Forest Enterprise

Question: To ask the Minister of Agriculture, Fisheries and Food, what (a) turnover, (b) profit and (c) amount of revaluation was recorded by the Forest Enterprise in the most recent year for which figures are available. - Inc figures and text of letter from Bob McIntosh of Forest Enterprise.

Answer: Mr. Gill: To ask the Minister of Agriculture, Fisheries and Food what (a) turnover, (b) profit and (c) amount of revaluation was recorded by Forest Enterprise in the most recent year for which figures are available. [160406] Mr. Morley: The subject of the question relates to matters undertaken by Forest Enterprise. I have asked its Chief Executive, Dr. Bob McIntosh, to arrange for a reply to be given. Letter from Bob McIntosh to Mr. Christopher Gill, dated May 2001: I have been asked to reply to your question to the Minister of Agriculture, Fisheries and Food about the turnover, profit and revaluation figures for Forest Enterprise. In 1999-2000, Forest Enterprise made an operating deficit of £11.3m on a turnover of £95.5m. The Income and Expenditure account for Forest Enterprise shows a total deficit of £103.7m, including the net cost of Recreation, Conservation and Heritage, the deficit on sale of properties and the notional cost of capital. The Forest Estate was valued downwards by £146.0m in 1999-2000 as part of a total adjustment to the Revaluation Reserve of £144.9m. If you require any further information please let me know.

Secondary information