Wednesday 7th July 2010

(14 years, 4 months ago)

Written Statements
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Robert Neill Portrait The Parliamentary Under-Secretary of State for Communities and Local Government (Robert Neill)
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My hon. Friend the Parliamentary Under-Secretary of State, Baroness Hanham CBE, has made the following written ministerial statement:

Ordnance Survey will report externally against a set of agency performance monitors as required of all Executive agencies in Government:

To achieve an operating profit before exceptional items, interest and dividends of £11.8 million for the financial year 1 April 2010 to 31 March 2011.

Some 99.6% of significant real-world features greater than six months old are represented in the database.

To achieve a free cash flow before exceptional items of £19.6 million for the financial year 1 April 2010 to 31 March 2011.

To continue to reduce the underlying cost base of the business by on average 5% per annum measured against a baseline of 2008-09 costs.

To achieve a customer index score of at least 80%.

These targets reflect Ordnance Survey’s continuing commitment to customers, to implementing the business strategy announced in April 2009, to maintaining and delivering intelligent geographic information to all users, and to offering improved value for money for all, as well as a commitment to Government policies.