BBC income and expenditure 1959-1960 

20 January 2023 tbs.pm/77648

From Ariel, the BBC staff magazine, for November 1960

 

BBC INCOME AND EXPENDITURE 1959-60: SOUND AND TELEVISION

(THESE FIGURES DO NOT INCLUDE THE EXTERNAL SERVICES)

 

WHERE THE MONEY COMES FROM

A diagram of income sources. Radio licences 4,480,300 x £1; TV licences 10,469,753 x £3+£1 tax. Gross revenue £36,209,680. Deductions: Post Office £2,394,060; Treasury £2,529,467. Other income £1,233,788. Net income £32,519,941. Divided between sound £13,654,611 and TV £18,865,330

* In addition to this figure, the Treasury received Excise Duty of some £10,565,000 and Income Tax £1,160,107

 

WHERE THE MONEY GOES

A diagram of outgoings. Sound then television. Programmes £6,584,581; £8,164,751. Engineering £2,769,206; £5,021,084. Management £2,548,232; £2,600,069. Depreciation £580,676; £911,535. Income tax £440,107; £720,000. Capital expenditure £30,716; £1,790,147. Total outgoings £12,953,518; £19,237,586. Radio surplus £701,093; Television loss £372,256; Added to BBC reserves £328,837

Charts designed by Alfred Wurmser

 


A note on inflation: multiply each figure above by 18 to get an approximate value in today’s money – Ed.

 

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