❓ A member of parliament is requesting detailed information on all finance leases entered into by agencies within the Premier's portfolio since 2008. The response indicates that none of the listed agencies have any such leases.
AnsweredQoN 5606Legislative Assembly
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
24 August 2016
Response time
55 days
The Department of the Premier and Cabinet, Public Sector Commission, Lotterywest, Salaries and Allowance Tribunal, Rottnest Island Authority, Tourism and Gold Corp advise:
(a)-(g) Nil
(a)-(g) Nil
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