TRANSPORT DEPARTMENT

335 Dr McFETRIDGE (Morphett) (21 October 2008). Why has 'other income' reduced from the estimated result of $91.441 million in 2007-08 to the budgeted amount of $22.764 million for 2008-09?

The Hon. P.F. CONLON (Elder—Minister for Transport, Minister for Infrastructure, Minister for Energy): I provide the following information:

The 2007-08 Estimated Result reflects two large one-off revenue items relating to:

borrowings write-off of $67.1 million as a result of the rail specific assets transferred to the Minister for Transport; and

a capital grant funding write-back of $9 million to revenue resulted from a transfer of deferred capital funding from TransAdelaide to the Department for Transport, Energy and Infrastructure.