Nuclear Management Partners

(asked on 30th January 2015) - View Source
Questioner
Caroline Flint Portrait
Caroline Flint
(Labour - Don Valley)

Question

To ask the Secretary of State for Energy and Climate Change, how much Nuclear Management Partners have received through performance fees or dividend payments from Sellafield Ltd in each year since it was appointed as the parent body organisation for that company.

Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 9th February 2015

Sellafield Limited has earned fees for delivering efficiencies and meeting contract milestones. As owners of Sellafield Limited, Nuclear Management Partners are paid dividends funded by the fees earned, under the terms of the Parent Body Organisation (PBO) contract. The dividends paid to NMP in each year since it was appointed as the PBO, and as disclosed in the Sellafield Limited accounts are as follows:

Dividends paid

2008-9*

2010**

2011**

2012**

2013**

2014**

Total

£M

£M

£M

£M

£M

£M

£M

Dividends related to 2008/09

-

12.6

-

-

-

-

12.6

Dividends related to 2009/10

-

17.4

17.9

-

-

-

35.3

Dividends related to 2010/11

-

-

16

24.8

-

-

40.8

Dividends related to 2011/12

-

-

-

19.5

19

4

42.5

Dividends related to 2012/13

-

-

-

-

4

18.5

22.5

Dividends related to 2013/14

-

-

-

-

-

-

0

Total

0

30

33.9

44.3

23

22.5

153.7

*For 4 months from 24 Nov 2008 to 31 March 2009

**Year ended 31 March

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