Instructions

The instructions contain four sections. You need to complete all four sections.

Section 1: Details of your PBL shares

If you held more than one parcel of PBL shares before the restructure, enter the details on the worksheet in the order you got them, oldest first.

For each parcel fill in the:

• acquisition date (column 2) (the date you got the shares)
• number of shares in the parcel (column 3)
• cost base(just before the restructure) for the parcel (column 4).

Section 2: Capital gain or capital loss

In this section you work out whether you made a capital gain or capital loss when you disposed of your PBL shares.

Column 5: Number of Crown shares received

Check the holder statement you received from Crown and enter the total number of Crown shares you received in the 'Total' box at the bottom of column 5.

Use the following table to work out the number of Crown shares you received for each of your parcels of PBL shares:

Option	Number of Crown shares
Standard	Same as column 3 (number of PBL shares)
Maximum cash	Column 3 (number of PBL shares) x 0.31424128
Maximum share	Column 3 (number of PBL shares) x 1.17055145

Round each answer to a full number and enter the results in column 5.

Add up the figures in column 5 and compare your answer to the number you have in the total box (from your holder statement). If the figures do not match, adjust the rounding of individual parcels to make them add up to the number on your holder statement.

Column 6: Value of your Crown shares

You need to know the value of the Crown shares you received because this amount is used to determine the capital gain or capital loss you made. We accept that the market value of one Crown share before the demerger was $17.59.

Work out the value of the Crown shares you received:

Column 5 x $17.59

Enter the results in column 6.

Column 7: How much cash did you receive?

If you chose the maximum share option leave column 7 blank and go to column 8.

If you chose either of the options that involved cash, you need to work out how much cash you received because you use the amount to work out your capital gain or capital loss.

Use the following table to work out how much cash you received for each of your parcels of PBL shares.

Option	Cash received
Standard	Column 3 (number of shares) x $3.00
Maximum cash	Column 3 (number of shares) x $15.06249587

Enter the results in column 7.

Column 8: How much did you receive altogether (total value)?

Work out the total value of the consideration you received by adding together the cash you received and the value of the Crown shares:

Column 6 + Column 7

Enter the results in column 8.

Column 9: Capital gain or capital loss amount

Use the following steps to work out whether you made a capital gain or capital loss.

Step 1 - Capital gain

To work out if you have made a capital gain on your PBL shares, take the cost base of your PBL shares (amount in column 4) from the total value you received for them (amount in column 8). For each parcel, work out:

Column 8 (total value) - Column 4 (cost base)

If all your answers are positive, you have made a capital gain on all your parcels - enter the results in column 9 and go to column 10.

If any answer is zero or negative, you need to work out whether you have made a capital loss on that parcel - go to step 2.

Step 2 - Capital loss

To work out whether you made a capital loss, take the reduced cost base of your PBL shares from the total value you received for them. For each parcel, work out:

Column 8 (total value) - reduced cost base

Enter the results in column 9.

If the result is:

• negative, you have made a capital loss

• zero or positive, you have neither a capital loss nor a capital gain.

Go to section 3.

Column 10: CGT discount

You can treat any capital gain you made from disposing of your PBL shares as a 'discounted capital gain' provided you:

• were an individual, complying superannuation entity or eligible trust
• worked out the capital gain using a cost base that had been worked out without reference to indexation at any time, and
• had owned your PBL shares for at least 12 months before the date of disposal or compulsory acquisition (that is, you acquired them on or before 9 December 2006).

For each parcel, place a 'Y' in column 10 if you are eligible for the CGT discount and an 'N' if you are not.

Section 3: Cost base of your Crown shares

In this section you work out the CGT characteristics of your new Crown shares after the restructure.

Column 11: Acquisition date

The acquisition date for your Crown shares is 10 December 2007, the effective date of the scheme. We have filled in this column for you.

Column 12: Number of Crown shares received

You worked this number out for column 5. For each parcel, copy the number in column 5 of the worksheet to column 12.

Column 13: Cost base of your Crown shares

The cost base of your Crown shares after the restructure is the market value of the shares before the demerger ($17.59 each) less the capital return amount of $3.70 a share (which you received in the form of CMH shares). The cost base of each Crown share is therefore $13.89 ($17.59 - $3.70). Work out the cost base of each parcel:

Column 12 (number of Crown shares) x $13.89

Section 4: Cost base of your CMH shares

Column 14: Acquisition date

The acquisition date for your CMH shares is 12 December 2007, the 'effective date' of the demerger. We have filled in this column for you.

Column 15: Number of shares

You received one CMH share for each Crown share you owned. Copy the number of shares from column 12 of the worksheet into column 15.

Column 16: Cost base of shares

The cost base of each CMH share is the capital return amount you received for your Crown shares ($3.70) which, under the demerger, you got in the form of CMH shares.

Work out the cost base for each of your parcels of CMH shares:

Column 15 (number of shares) x $3.70 (capital return)

Enter the results into column 16.

You have finished the worksheet