To ask the Secretary of State for the Environment, Transport and the Regions, pursuant to his answer of 25 February 1999, Official Report, column 404, on London Transport, what is the asset value of buildings held by London Transport. [81115]

As at 31 March 1998, the total net value for the London Transport Group, net of depreciation and disposals and based on (1) infrastructure and other property and (2) assets in the course of construction, is £6,133.1 million.