Written Question·Ministry of Defence·UIN 46189
Defence Equipment: Finance
Tabled: 17 April 2025
Answered: 29 April 2025
Question
Ben Obese-Jecty
Conservative — Huntingdon
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.
Answer
Maria EagleAll 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.