§ Mr. MacleanTo ask the Secretary of State for the Home Department 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. [97044]
§ Mr. StrawThe straight line method of depreciation, whereby the cost of the asset is spread evenly over its useful life, is used in the Home Office for most of its372W assets. In accordance with the Treasury's Resource Accounting Manual and accepted accounting standards, the following are not depreciated: land (which does not have a finite life); fixed assets in the course of construction; inventory items; and property held for disposal.