Defence written question – answered on 4th March 2013.

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Photo of Philip Dunne Philip Dunne The Parliamentary Under-Secretary of State for Defence

The current values are shown in the following table. The values quoted reflect the net book value (NBV) of the asset, which is calculated by adding the cost of any major upgrades to the original capital cost of the asset and deducting depreciation.

Name Net book value (£ million)
HMS Illustrious 40
HMS Ocean 90
HMS Albion 290

The figures shown bear no relation to the replacement costs of the assets and capabilities.

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