AIO 0.00% $9.13 asciano limited

aio potential tax problem for shareholders

  1. 6,716 Posts.

    AIO appears to have reported at each stapled security earned a positive eps of 17c on the share component and a negative eps of 27c on the trust component.

    The net eps is a loss of around 10c a share.

    At least, thats the way I read the report, they have made this rather obscure.

    There's a potential nasty sting for shareholders here. Is it not the case, that the assessed capital value of the trust component of the stapled securities at the time of separation from TOL was 1c. The notional loss of 27c on the trust component of the stapled security may give rise to a tax liability for shareholders even if they don't actually get any distribution.

 
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