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Written question asked by Andrew Murrison (Conservative) on Tuesday, 22 November 2005, in the House of Commons. It was due for an answer on Thursday, 24 November 2005. It was answered by James Purnell (Labour) on Monday, 28 November 2005 on behalf of the Department for Culture, Media and Sport.

National Endowment for Science, Technology and the Arts

Question
To ask the Secretary of State for Culture, Media and Sport what the return on investment generated by the National Endowment for Science, Technology and the Arts has been in each year since its inception.
Answer

The return on NESTA's investments is listed as follows for both Fund A (NESTA's core endowment, invested on their behalf by the Commissioners for the Reduction of the National Debt in accordance with NESTA's Financial Directions) and Fund B. (the Endowment's income, invested by NESTA), for each year for which audited figures are available.

£000
1999–2000 2000–01 2001–02 2002–03 2003–04 2004–05
Fund A 11,618 11,599 9,006 8,005 9,189 12,852
Fund B 161 591 656 -3,089 2,658 2,191
Bank interest 20 23 49 47 70 90
Total 11,799 12,213 9,711 4,963 11,917 15,133

Secondary information

Type
Written question
Reference
440 c90-2W;440 c90-2W; 32293
Session
2005-06
Subjects
Finance Expenditure Public bodies Nesta
Link
View this Written question on www.publications.parliament.uk