|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.