Annex 1
EPSRC—5 YEAR EYF SUMMARY
| Cash to RAB
| RAB Introduction
|
| | | December IYM Forecast
|
| 2000-01 | 2001-02
| 2002-03 | 2003-04
| 2004-05 | 2005-06
|
DEL | — |
479.0 | 503.5 | 462.5
| 500.6 | 575.0 |
| Expenditure | — | 478.0
| 501.3 | 423.4 | 487.8
| 554.0 |
| EYF | — | 1.0
| 2.2 | 39.1 | 12.8
| 21.0 |
| EYF adjustments | | —
| -4.0 | 0.8 |
| |
| Cumulative EYF | — |
1.0 | -1.7 | 38.1 |
50.9 | 50.9 |
| EYF Drawndown | — | —
| 1.0 | — | —
| 21.0 |
| |
| | | |
|
Notes to EYF adjustments:
| 2002-03 | All £1,025k EYF drawdown at beginning of year.
Repayment of OST loan taken out of carried forward EYF.
Adjustment between provisonal and final outturn.
|
| 2003-04 | Inherited £768k NCOA cumulative EYF.
|
| 2005-06 | Misunderstanding between EPSRC & OST meant that £21 million was drawndown from cumulative EYF by OST.
EPSRC had planned to take £21 million for RCUK loan from DEL—hence £21 million underspend.
|
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