A WA parliamentary question seeks financial details regarding the sale of the Water Corporation's Construction and Engineering Division to RCR Tomlinson, including revenue impacts and employee transfers. The answer provides some financial figures and employee numbers, but deflects on current RCR Tomlinson employee numbers.

AnsweredQoN 5883Legislative Assembly
Asked
22 September 2016
Portfolio
Water

QuestionView source ↗

In respect of the sale of the Construction and Engineering Division of the Water Corporation to RCR Tomlinson: (a) what was the net financial return to the Water Corporation for the financial year 2015/16 and what would the net financial return have been if that Division had remained in Water Corporation ownership; (b) what is the expected net financial return to the Water Corporation for the financial year 2016/17 and what would the net financial return have been expected to be had the Division remained in Water Corporation ownership; (c) what is the expected net financial return to the Water Corporation for the financial years 2017/18 and 2018/19 and what would the net financial returns have been expected to be had the Division remained in Water Corporation ownership; and (d) how many employees of the Water Corporation transferred to RCR Tomlinson and how many remain employed by RCR Tomlinson as at 30 June 2016?

AnswerView source ↗

Answered
8 November 2016
Responded by
Minister for Water
Response time
47 days
(a) Water Corporation’s 2015-16 financial results included revenue of $10.4m before tax for the sale of Engineering & Construction Services.
(b)-(c) The Water Corporation will receive an additional revenue of $1m before tax from RCR Tomlinson for commercial lease arrangements in 2016-17, 2017-18 and 2018-19 that would otherwise not have been realised.
(d) A total of 114 employees transferred to RCR Tomlinson.  The number of employees as at 30 June 2016 is a matter for RCR Tomlinson.

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