HC Deb 03 November 1999 vol 337 c235W
Mr. Maclean

To ask the Secretary of State for Wales if he will list the methods of depreciation his Department will apply in the current financial year to fixed assets in the preparation of departmental resource accounting balance sheets. [96927]

Mr. Paul Murphy

For any assets which are depreciated, the straight-line method is applied. This method is in accordance with the Treasury's Resource Accounting manual, and the requirements in the Manual are underpinned by Financial Reporting Standard 15, 'Tangible Fixed Assets'.

Back to