Question to the Department for Transport:
To ask the Secretary of State for Transport, what income his Department received in connection with its holding in NATS Holdings Ltd in each year from 2010-11 to 2014-15; and what his Department's projected income is from its holding in NATS Holdings Ltd in each year from 2015-16 to 2020-21.
NATS is a private company and HMG owns a 49% stake in this entity.
In each of the years 2010-11 to 2014-15, the Department received the following income in connection with its stake in NATS:
Year | 2010-11 | 2011-12 | 2012-13 | 2013-14 | 2014-15 |
Income (£m) | 19.547 | 24.775 | 19.547 | 30.298 | 37.628 |
Future dividend distribution will be determined by the board of NATS as appropriate.