Written question asked by Lord Blencathra (Conservative) on Thursday, 28 October 1999, in the House of Commons. It was due for an answer on Thursday, 4 November 1999. It was answered by Lord Spellar (Labour) on Thursday, 4 November 1999 on behalf of the Ministry of Defence.

Ministry of Defence

Question: To ask the Secretary of State for Defence, what methods of depreciation his Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets.

Answer: Mr. Maclean: To ask the Secretary of State for Defence what methods of depreciation his Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets. [97039] Mr. Spellar: The straight-line method of depreciation will be applied to fixed assets in the preparation of 1999-2000 Departmental Resource Accounts. This method is in accordance with the Treasury's Resource Accounting Manual, which follows, as far as appropriate, private sector accounting practice and standards issued by the Accounting Standards Board.

Secondary information

Type: Written question
Reference: 97039; 337 c256W
Session: 1998-99
Subjects: Accountancy Assets Budgeting Government departments Ministry of Defence