House of Assembly: Tuesday, July 22, 2008

Contents

PLANT AND EQUIPMENT DISPOSAL

389 Dr McFETRIDGE (Morphett) (18 February 2008). What plant and equipment was disposed of by the department in 2006-07 that resulted in a $9.13 million net book value loss?

The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations): I am advised that the $9.130 million was the book value of plant and equipment disposed of by the Department of Trade and Economic Development in 2006-07. The proceeds from disposal were $9.009 million, which means the net book value loss was only $0.121 million.

I refer the member to Hansard of 26 February 2008, where I provided an explanation of this figure in response to a similar question.