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Australian Government Coat of Arms

Budget | 2015-16

Budget 2015-16
Australian Government Coat of Arms, Budget 2015-16
  1. budget.gov.au
  2. Budget 2015
  3. Budget Paper No. 1
  4. Statement 8
  5. Contingent assets — quantifiable

Statement 8 (continued)

Contingent assets — quantifiable

Defence

Claims against the Department of Defence

The Department of Defence has 12 instances of non‑remote, quantifiable contingent assets in respect of claims on the Department valued at $3.8 million. Defence is expecting to succeed in its claims. The estimated figure is determined by conducting an objective analysis of the probable amounts owing to Defence.