Question
Untitled item
S5W-20436 · Written Question · lodged by Lockhart, Dean
Lodged on
06 Dec 2018Heard / answered on
20 Dec 2018To ask the Scottish Government what losses (a) it and (b) its agencies have realised in relation to investments of over £1 million in each of the last 10 years.
The answer
The annual accounts of all Scottish public bodies are published online and provide detail of all losses, in accordance with the requirements in the Scottish Public Finance Manual and the Financial Reporting Manual.
Losses in excess of £250,000 are identified separately and explained.
The losses reported are not restricted to losses on investments, but include details of all losses meeting the definition as explained in the Scottish Public Finance Manual.
There are a small number of losses greater than £1 million reported in the Scottish Government Consolidated Accounts in the last 10 years, none of which relate to balance sheet items that were classed as investments.
Losses in excess of £250,000 are identified separately and explained.
The losses reported are not restricted to losses on investments, but include details of all losses meeting the definition as explained in the Scottish Public Finance Manual.
There are a small number of losses greater than £1 million reported in the Scottish Government Consolidated Accounts in the last 10 years, none of which relate to balance sheet items that were classed as investments.
Answered by Kate Forbes on 20 Dec 2018.