Corporate report

Note 30.1

Updated 21 August 2013
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30. Losses and special payments
The Statement of Comprehensive Net Expenditure includes the following losses, including write-offs of unrecoverable debts and fruitless payments.
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Constructive losses £16.350 million
The Cabinet Office made payments in respect of two leases; one for £2.7 million in respect of 67 Tufton Street, London and the other for £13.650 million in respect of 1 Palace Street, London. The payments were made on the basis of value for money cases demonstrating future cost savings. Further information may be found within the Management Commentary - Financial Review.
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