❓ Question regarding the financial losses incurred by the Eastern Goldfields Transport Board due to the cessation of trade of Bulong Nickel and the administration of Sons of Gwalia. The answer clarifies the reporting of the Bulong Nickel debt and quantifies the exposure to Sons of Gwalia.
AnsweredQoN 3189Legislative Assembly
QuestionView source ↗
(1) What was the extent of the Eastern Goldfields Transport Board's loss when Bulong Nickel ceased to trade ?
(2) Where was this loss reported in the annual report ?
(3) What is the exposure of the Eastern Goldfields Transport Board to Son's of Gwalia given that they have gone into administration?
(2) Where was this loss reported in the annual report ?
(3) What is the exposure of the Eastern Goldfields Transport Board to Son's of Gwalia given that they have gone into administration?
AnswerView source ↗
Answered
26 November 2004
Responded by
Minister for Planning and Infrastructure
Response time
73 days
(2) The Bulong Nickel debt has not been written off and is included in the "Receivables" item of the Board's balance sheet (page 18 of the Board's 2002/2003 Annual Report). (3) $6,604
(3) $6,604
(3) $6,604
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