Question on notice - Assumptions of Timber Value

2016-02-23

MS DUNN: To ask the Minister for Agriculture: In relation to the 2014/2015 VicForests Annual Report what assumptions are used in recording the value of Standing Timber and why aren't these assumptions disclosed in the annual report. ANSWER: VicForests disclosed the assumptions used to value the Standing Timber assets in note 1(m) on pages 30-31 of VicForests 2014-15 Annual Report.