Section 3: Your OneSteel shares cost base

In this section you work out the CGT characteristics of your new OneSteel shares. Complete columns 9-11 for each parcel of OneSteel shares you have.

Column 9: Acquisition date for CGT discount purposes

If you chose rollover	If you did not choose rollover
Copy the date from column 2. (For the purposes of scrip-for-scrip rollover, you are taken to have acquired your new OneSteel shares on the date you acquired the corresponding Smorgon shares.)	The date of the merger, 20 August 2007, is your acquisition date. (You cannot use a 'deemed date' as you would if you chose scrip-for-scrip rollover.)

Column 10: Number of shares received

Look at the advice you received from OneSteel and enter the total number of OneSteel shares you received in the 'Total' box at the bottom of the column.

Enter the number of OneSteel shares you received for each parcel of Smorgon shares (you worked this figure out at step 1 in 'Column 5'. To do it again, multiply your column 3 number by 0.4091). Round each number to a full number, if required.

Add up column 10. Is the total the same as the one you entered at the beginning? If it isn't, go back to the individual parcels and adjust the rounding to make them add up the total number you got from OneSteel.

Column 11: Cost base per parcel

If you chose rollover	If you did not choose rollover
The cost base per parcel of your OneSteel shares is the amount shown in column 4 (that is, the cost base of your Smorgon shares becomes the cost base of your OneSteel shares).	The cost base per parcel of your OneSteel shares is the amount shown in column 5. (The Tax Office accepts that the value of a OneSteel share on the day of the merger was $5.8531).

You have finished the worksheet