Contents
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Commencement
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Bills
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Condolence
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Petitions
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Parliamentary Procedure
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Parliamentary Committees
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Answers to Questions
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Ministerial Statement
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Parliament House Matters
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Parliamentary Procedure
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Question Time
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Ministerial Statement
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Grievance Debate
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Bills
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ASSET DISPOSAL
In reply to Mr HAMILTON-SMITH (Waite—Leader of the Opposition) (20 November 2007).
The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations): The gain on disposal of $1.252 million relates solely to the sale of vehicles by Fleet S.A. in the six months from 1 January 2007 to 30 June 2007.
The gain on disposal is the accounting treatment that arises when the sale price of a vehicle exceeds the book value reflected in the accounting records of the Department of Treasury and Finance.