§ Mr. Gordon PrenticeTo ask the Secretary of State for Transport when the last valuation was made of the European Passenger Services fleet of trains; and what value was attached to the asset. [20298]
§ Mr. WattsSeven of EPS's 11 Eurostar train sets and the night service stock are leased. The breakdown from EPS's latest annual report and accounts show that on 31 March 1995 the rolling stock had a written down value on a historical cost basis after taking into account leasing obligations of £318 million. No other valuations have been undertaken by EPS or the Department.
§ Mr. PrenticeTo ask the Secretary of State for Transport when the last valuation was made of the maintenance depot in Manchester for regional Eurostar trains; and what value was attached to the asset. [20302]
§ Mr. WattsEPS's latest annual report and accounts show that on 31 March 1995 the Manchester Longsight depot had a written down value on a historical cost basis of £5.9 million. No other valuations have been undertaken by EPS or the Department.
§ Mr. PrenticeTo ask the Secretary of State for Transport when the last valuation was made of the Eurostar maintenance depot at North Pole; and what value was attached to the asset. [20300]
§ Mr. WattsThe breakdown from EPS' s latest annual report and accounts show that on 31 March 1995 the North Pole depot has a written down value on a historical cost basis of £77.5 million. No other valuations have been undertaken by EPS or the Department.
§ Mr. PrenticeTo ask the Secretary of State for Transport when the last valuation was made of Waterloo international station; and what value was attached to the asset. [20299]
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§ Mr. WattsThe breakdown from EPS's latest annual report and accounts show that on 31 March 1995 the Waterloo international terminal had a written down value on a historical cost basis of £136 million. No other valuations have been undertaken by EPS or the Department.
§ Mr. PrenticeTo ask the Secretary of State for Transport when the last valuation was made of the new Ashford international station; and what value was attached to the asset. [20301]
§ Mr. WattsAshford international station is carried in EPS's 1994–95 annual report and accounts as having a value of £41 million on 31 March 1995. This figure is based on the net present value of future leasing payments. No other valuations have been undertaken by EPS or the Department.