Mon, 27 Feb 2012 - 09:00
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Australian Rail Track Corporation

Mr Fletcher asked the Minister for Infrastructure and Transport, in writing, on 12 October 2011:

(1) Is the Government's $558.2 million equity injection into the Australian Rail Track Corporation (ARTC) in July 2010 included in the 2010-11 (a) underlying cash balance, and (b) fiscal balance.

(2) What is the value of the Government's equity holding in the ARTC.

(3) On what page is the value of the Government's equity holding in the ARTC recorded in the Budget Financial Statements (BFS), and does it form part of the line item 'Investments in Other Public Sector Entities' in Table 2 of the BFS (page 9-4).

(4) How regularly are the Government's equity holdings re-valued, and when was the Government's equity holding in the ARTC last re-valued.

(5) If the Government's equity holding in the ARTC was re-valued (a) upwards, and (b) downwards, where would this be recorded in the BFS.

 

Mr Albanese: The answer to the honourable member's question is as follows:

(1) No.

(2) Refer to BFS.

(3) Yes.

(4) Annual basis.

(5) Within the BFS.