Senate debates Questions on Notice

Australian Submarine Corporation Pty Ltd (Question No. 2621)


David Johnston

David Johnston WA, Liberal Party, Shadow Minister for Defence

asked the Minister for Finance and Deregulation, upon notice, on 26 November 2012:

What is the current book value of the Australian Submarine Corporation Government Business Enterprise.

Penny Wong

Penny Wong SA, Australian Labor Party, Minister for Finance and Deregulation

The answer to the honourable senator's question is as follows:

ASC's net asset value as per the ASC Pty Ltd 2011-12 Annual Report was $230m.