Senate debates

Tuesday, 26 February 2013

Questions on Notice

Australian Submarine Corporation Pty Ltd (Question No. 2621)

Photo of David JohnstonDavid Johnston (WA, Liberal Party, Shadow Minister for Defence) Share this | | Hansard source

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.

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | | Hansard source

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.