§ Matthew TaylorTo ask the Secretary of State for Foreign and Commonwealth Affairs, pursuant to the Chancellor of the Exchequer's answer of 12 December 2001,official Report,column 889W, on capital assets, if he will place in the Library information on the accounting treatment of the public private partnership projects relating to (a) the Berlin Embassy, (b) the Foreign and Commonwealth Office Telecommunications Network, (c) GCHQ Building, (d) car leasing and (e) IT Registry (Minerva); and if he will make a statement. [24257]
§ Mr. MacShaneThe accounting treatment of all public private partnership projects within the Department is in line with relevant generally accepted accounting practice, in particular FRS5 and also with specific HM Treasury guidance.
The GCHQ building is not funded by the FCO, all other projects listed are treated as operating leases and are, therefore, not included in the Department's balance sheet.