A WA parliamentary question seeks detailed information on finance leases held by agencies within the Emergency Services, Fisheries, Corrective Services, and Veterans portfolios since 2008. Most agencies report having no such leases, while Corrective Services provides a tabled paper with the requested information.

AnsweredQoN 5597Legislative Assembly
Asked
30 June 2016
Portfolio
Emergency Services; Fisheries; Corrective Services; Veterans

QuestionView source ↗

I refer to Note 3: Summary of Significant Accounting Policies, and specifically to sub-note (r) Leases on page 81 of the Annual Report of State Finances 2014-15, and I ask: (a) for each agency in the Minister's portfolio, please detail each finance lease that has been entered into since 8 September 2008 and currently in force for each agency; (b) for each such lease, please specify the specific infrastructure or property, plant or equipment that has been financed by such a lease, what value was assigned to that infrastructure or property, plant or equipment at the time the lease was created, and what is the current value of that infrastructure or property, plant or equipment; (c) for each such lease, who is the counter party for each lease, and on what date did each lease come into force, and when is it expected that the lease will expire; (d) what was the original value of each such lease, and what is the current value of each lease; (e) for the specific infrastructure or property, plant or equipment financed by each such lease, what is the expected value of the item at the expiration of the lease; (f) for each such lease, is there an obligation to make a "balloon" or similar payment at the expiration of the lease, and if so, what is the value of any such payment, and when is it due to be made; and (g) what is the “interest rate implicit in the lease” for each such lease?

AnswerView source ↗

Answered
16 August 2016
Responded by
Minister for Emergency Services; Fisheries; Corrective Services; Veterans
Response time
47 days
The Department of Fire and Emergency Services (DFES) advises:
(a)-(g) Nil.
The Department of Fisheries (DOF) advises:
(a)-(g) Nil.
The Department of Corrective Services (DCS) advises:
(a)-(g) [Please see Tabled Paper No.] .
The State Emergency Management Committee Secretariat (SEMC) advises:
(a)-(g) Nil.
Veterans advises:
(a)-(g) Nil.

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