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 of the Royal Navy vessels 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 NBV (£ million)
HMS Protector (1)
HMS Echo 24
HMS Enterprise 25
HMS Scott 31
HMS Endurance 2
HMS Gleaner (2)0
(1 )HMS Protector is not owned by the Ministry of Defence (MOD). It is operated under a lease arrangement and is not therefore recorded as an asset on the MOD balance sheet. No NBV is available. (2) HMS Gleaner has a current NBV of some £80,000 but, for consistency with the approach taken to rounding the other figures, her NBV is shown as zero. Note: 1. The NBVs shown above are all rounded to the nearest £ million.

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

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