NFC not easy sell
25th May 1979, Page 6
25th May 1979
Page 6
Page 6, 25th May 1979
— NFC not easy sell
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THE GOVERNMENT find it difficult to dispo the NFC companies, eithe whole or as individual I according to a financial lyst. The main proble NFC's consistent failui make a profit.
The Corporation's 197 nual report shows a pr profit of £20.1m (CM, Apr but in inflation accou terms this is a loss of f The favourable figure achieved, he claims, by historic accounting.
NFCs director of finan K. Watson, said in April the report and account 1978 were issued that the poration was "planning in real terms by 1980." H ded that the accounts would take account of i tion.