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) | | 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) | | 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.