Defence Equipment: Finance

(asked on 17th April 2025) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what his Department's amortisation process is for (a) aircraft, (b) ships, (c) vehicles and (d) armour.


Answered by
Maria Eagle Portrait
Maria Eagle
Minister of State (Ministry of Defence)
This question was answered on 29th April 2025

All assets are depreciated on a straight-line basis over their useful economic life, other than some capital spares which use the diminishing balance depreciation method.

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