2011/12      
                                                                        
Settlement
                                                                              (£m) 
                                                                         
(1) Assumed start of 2004/2005 debt                                       306.507075
(2) Assumed 2004/2005 debt repayment                                       12.260283
      (= 4% of line 1)
(3) Estimated 2004/2005 Supported Capital Expenditure (Revenue)            37.928565
(4) Assumed end 2004/2005 (start 2005/2006) debt                          332.175357
      (= line 1 - line 2 + line 3)
(5) Assumed 2005/2006 debt repayment                                       13.287014
      (= 4% of line 4)
(6) Estimated 2005/2006 Supported Capital Expenditure (Revenue)            36.199000
(7) Assumed end 2005/2006 (start 2006/2007) debt                          355.087343
      (= line 4 - line 5 + line 6)
(8) Assumed 2006/2007 debt repayment                                       14.203494
      (= 4% of line 7)
(9) Estimated 2006/2007 Supported Capital Expenditure (Revenue)            33.968000
(10) Assumed end 2006/2007 (start 2007/2008) debt                         374.851849
      (= line 7 - line 8 + line 9)
(11) Assumed 2007/2008 debt repayment                                      14.994074
      (= 4% of line 10)
(12) Estimated 2007/2008 Supported Capital Expenditure (Revenue)           27.173238
(13) Assumed end 2007/2008 (start 2008/2009) debt                         387.031013
      (= line 10 - line 11 + line 12)
(14) Assumed 2008/2009 debt repayment                                      15.481241
      (= 4% of line 13)
(15) Estimated 2008/2009 Supported Capital Expenditure (Revenue)           27.041002
(16) Assumed end 2008/2009 (start 2009/2010) debt                         398.590774
      (= line 13 - line 14 + line 15)
(17) Assumed 2009/2010 debt repayment                                      15.943631
      (= 4% of line 16)
(18) Estimated 2009/2010 Supported Capital Expenditure (Revenue)           28.042978
(19) Assumed end 2009/2010 (start 2010/2011) debt                         410.690121
      (= line 16 - line 17 + line 18)
(20) Assumed 2010/2011 debt repayment                                      16.427605
      (= 4% of line 19)
(21) Estimated 2010/2011 Supported Capital Expenditure (Revenue)           21.437029
(22) Assumed end 2010/2011 (start 2011/2012) debt                         415.699546
      (= line 19 - line 20 + line 21)
(23) Assumed 2011/2012 debt repayment                                      16.627982
      (= 4% of line 22)
(24) No new Supported Capital Expenditure (Revenue) allocations in 2011/12      -
(25) Assumed end 2011/2012 (start 2012/2013) debt                         399.071564
      (= line 22 - line 23)


(26) Assumed mid-2011/2012 debt                                           407.385555
      (= line 22 / 2 + line 25 / 2)

(27) Assumed 2011/2012 interest charges                                    20.776663
      (= 5.1% of line 26)

(28) Assumed 2011/2012 debt repayment & interest charges                   37.404645 
      (= line 23 + line 27)

(29) Capital Financing scaling factor                                   0.15581090001706
(30) Capital Financing RNF                                              0.00058280514187
      (= 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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