2011/12      
                                                                        
Settlement
                                                                              (£m) 
                                                                         
(1) Assumed start of 2004/2005 debt                                       119.339918
(2) Assumed 2004/2005 debt repayment                                        4.773597
      (= 4% of line 1)
(3) Estimated 2004/2005 Supported Capital Expenditure (Revenue)            15.373288
(4) Assumed end 2004/2005 (start 2005/2006) debt                          129.939610
      (= line 1 - line 2 + line 3)
(5) Assumed 2005/2006 debt repayment                                        5.197584
      (= 4% of line 4)
(6) Estimated 2005/2006 Supported Capital Expenditure (Revenue)            14.526255
(7) Assumed end 2005/2006 (start 2006/2007) debt                          139.268280
      (= line 4 - line 5 + line 6)
(8) Assumed 2006/2007 debt repayment                                        5.570731
      (= 4% of line 7)
(9) Estimated 2006/2007 Supported Capital Expenditure (Revenue)            13.023085
(10) Assumed end 2006/2007 (start 2007/2008) debt                         146.720634
      (= line 7 - line 8 + line 9)
(11) Assumed 2007/2008 debt repayment                                       5.868825
      (= 4% of line 10)
(12) Estimated 2007/2008 Supported Capital Expenditure (Revenue)            8.526333
(13) Assumed end 2007/2008 (start 2008/2009) debt                         149.378142
      (= line 10 - line 11 + line 12)
(14) Assumed 2008/2009 debt repayment                                       5.975126
      (= 4% of line 13)
(15) Estimated 2008/2009 Supported Capital Expenditure (Revenue)            8.967062
(16) Assumed end 2008/2009 (start 2009/2010) debt                         152.370078
      (= line 13 - line 14 + line 15)
(17) Assumed 2009/2010 debt repayment                                       6.094803
      (= 4% of line 16)
(18) Estimated 2009/2010 Supported Capital Expenditure (Revenue)            7.978616
(19) Assumed end 2009/2010 (start 2010/2011) debt                         154.253891
      (= line 16 - line 17 + line 18)
(20) Assumed 2010/2011 debt repayment                                       6.170156
      (= 4% of line 19)
(21) Estimated 2010/2011 Supported Capital Expenditure (Revenue)            7.117853
(22) Assumed end 2010/2011 (start 2011/2012) debt                         155.201588
      (= line 19 - line 20 + line 21)
(23) Assumed 2011/2012 debt repayment                                       6.208064
      (= 4% of line 22)
(24) No new Supported Capital Expenditure (Revenue) allocations in 2011/12      -
(25) Assumed end 2011/2012 (start 2012/2013) debt                         148.993525
      (= line 22 - line 23)


(26) Assumed mid-2011/2012 debt                                           152.097556
      (= line 22 / 2 + line 25 / 2)

(27) Assumed 2011/2012 interest charges                                     7.756975
      (= 5.1% of line 26)

(28) Assumed 2011/2012 debt repayment & interest charges                   13.965039 
      (= line 23 + line 27)

(29) Capital Financing scaling factor                                   0.15581090001706
(30) Capital Financing RNF                                              0.00021759052795
      (= line 28 x line 29 / 10,000,000,000)

LGF-FGD - February 2011. Contact: Tom Joss on Thomas.Joss@communities.gsi.gov.uk.

(C) Crown Copyright February 2011. This document, or extracts from this document, may not
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