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Departmental Assets

Volume 472: debated on Tuesday 4 March 2008

To ask the Secretary of State for Defence pursuant to the answer of 28 January 2008, Official Report, columns 33-4W, on departmental assets, which assets of his Department in (a) the UK and (b) abroad have been sold since 2000; what the (i) sale completion date and (ii) price realised was for each; what proportion of receipts from each sale was retained by his Department; and if he will make a statement. (185015)

The Ministry of Defence (MOD) retains the full benefit of disposal receipts, which form part of the Defence budget agreed with HM Treasury during the periodic spending reviews.

The MOD disposes of thousands of assets each year. Records of each sale are not held centrally and could be provided only with disproportionate cost. However, the total proceeds from the disposal of the Department’s fixed assets from 2000 are as follows:

Proceeds (£000)

2000-01

317,987

2001-02

287,923

2002-03

404,774

2003-04

481,298

2004-05

266,912

2005-06

299,317

2006-07

489,808

In addition, a table providing details of MOD land and property in the UK sold since 2000 will be placed in the Library of the House.