Table 1.

 Three PFI schemes: extra costs of financing and comparison of annual costs under PFI with those had the scheme been publicly financed and capital charges before PFI

	Worcester (£m)	North Durham (£m)	Carlisle (£m)
Structure of PFI costs*
Total capital costs	112.2	86.6	83.7
Construction costs and fees	82.3	67.4	67.0
Other financing costs	29.9 (37%)	18.2 (27%)	16.7 (25%)
Less land sales	4.5	NA	NA
Total funding needed	107.7	86.6	83.7
Annual cost of capital
Capital charges before PFI	5.6	3.5	3.5
Annual cost if publicly financed†	6.8	6.4	5.9
Annual cost of PFI‡	9.3	11.3	9.0

^*Sources.^28-30 

^†Calculated as 6% of construction cost of new hospital plus capital charges on retained estate. Data from Department of Health^{16 17} and NHS trusts annual accounts. 

^‡Calculated as depreciation, public dividend capital, and annual PFI availability charge.^16 17