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  • The Legislative Assembly meets on 04/12/2020 (02:00 PM)
    Assembly sit 04/12/2020

Parliamentary Questions

Question On Notice No. 2570 asked in the Legislative Council on 15 October 2019 by Hon Dr Steve Thomas

Question Directed to the: Minister for Environment representing the Minister for Energy
Minister responding: Hon W.J. Johnston
Parliament: 40 Session: 1

I refer to the 2019 Annual Report of Synergy tabled in Parliament on 26 September 2019, and I ask:
(a) what exactly is represented by the so called "impairment" of $428.9 million referred to by the Chairman and the CEO;
(b) what exactly is the $152.4 million "onerous contract" referred to by the Chairman and the CEO; and
(c) will the Minister please provide details of both write downs?

Answered on 19 November 2019

(a) - (c)       Please refer to notes 3.1 5.1 5.2 and 5.4 to the Financial Report contained in the 2019 Synergy Annual Report tabled in Parliament.