Stichting Laka

Publicatie Laka-bibliotheek:
Examination of BNFL Reports and Accounts (2002)

Auteur	M.Sadnicki
	-
Datum	maart 2002
Classificatie	2.05.0.00/50 (GROOT-BRITTANNIË - ALGEMEEN)
Voorkant

SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS

This Report studies recent BNFL Reports and Accounts. Areas covered include: the 
BNFL Balance Sheet;Profit and Loss statements; BNFL liabilities and provisions; 
and Levels of Funding. In all the areas covered, the Report finds anomalies, and 
cases where BNFL’s presentation of results can easily mislead.

The underlying issue is the profitability of BNFL’s core operation, reprocessing of 
spent fuel. This Report shows that reprocessing is now so much more expensive 
than alternatives for the management of spentfuel, that exit routes may be available 
from current operational policies, which would simultaneously save the taxpayer 
money and reduce discharges. BNFL - and the Government - consistently turn a 
blind eye to investigation of such exit routes.

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