The basic structure consists of three parts.
Part A of the 2016 statement explains where amounts are shown on the Tax return for individuals (supplementary section) 2016.
Part B explains the components of a distribution that investors may need to know to work out their net capital gain or capital loss and specifically provides the capital gains tax (CGT) concession amount. It also includes tax-deferred amounts required to adjust the cost base and reduced cost base of their units.
For investors with straightforward circumstances the information in parts A and B focusing on specific entries at items 13, 18 and 20 should be sufficient to complete their tax return.
Part C allows a reconciliation of the net cash amount distributed to the unit holder and provides information relevant to adjustments to the cost base and reduced cost base. It includes all non-assessable amounts: CGT concession, tax-exempted, tax-free and tax-deferred amounts.
The Australian income section of Part C has an alternative presentation that is shown in Attachment 1. It is provided for those funds whose systems are unable to use the preferred presentation in 2016. The preferred presentation has the franked distribution equal to the sum of the franked amount of the dividend plus the franking credit.