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House of Assembly - Fifty-First Parliament, Third Session (51-3)
2009-06-02 Daily Xml
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TRANSPORT DEPARTMENT ASSETS

320 Dr McFETRIDGE (Morphett) (21 October 2008).

1. Which property, plant and equipment will be purchased under the $676.879 million budgeted amount and the $6.7 million in advances in 2008-09?

2. Which property, plant and equipment was purchased under the $472.221 million actual expenditure and the $6.519 million in advances in 2007-08?

3. What property, plant and equipment will be sold to bring an expected $15.50 million in cash in 2008-09?

4. What property, plant and equipment was sold in the 2007-08 to bring in an estimated $18.715 million in proceeds?

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

1. Property, plant and equipment purchased under the $676.879 million budgeted amount in 2008-09 are detailed in pages 25 to 33 (inclusive) of the 2008-09 Capital Investment Statement, Budget Paper 5. The $6.7 million in advances in 2008-09 represents a repayment of a loan from the South Australian Government Employee Residential Properties (SAGERP) to the Department for Transport, Energy and Infrastructure (DTEI).

2. Property, plant and equipment purchased under the $472.221 million in 2007-08 are detailed in pages 27 to 33 (inclusive) of the 2007-08 Capital Investment Statement, Budget Paper 5. The $6.519 million in advances in 2007-08 represents a repayment of a loan from SAGERP to DTEI.

3. Property, plant and equipment budgeted to be sold ($15.5 million ) in 2008-09 include:

land, buildings and improvements sales target: $15.295 million; and

plant, equipment and vehicles target: $0.255 million.

4. Property, plant and equipment actual proceeds in 2007-08 were:

land and buildings sales: $18.268 million; and

plant and equipment sales: $0.173 million.

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