Apportioning the Value of your CIF Securities
Each unit in CIF1 and each unit in CIF2 remain separate assets for Australian capital gains tax purposes. For capital gains tax purposes, the cost of each CIF unit and the consideration received on disposal of each CIF unit will need to be apportioned between the unit in CIF1 and the unit in CIF2.
The Australian Taxation Office has advised that this apportionment should be done on a reasonable basis. For more information, refer to 'Stapled securities and capital gains tax' on the Australian Tax Office website. One possible method of apportionment is on the basis of the relative Net Assets of CIF1 and CIF2.
To assist CIF securityholders with this apportionment, below is the historical price of CIF's stapled securities as well as the Net Assets of CIF1 and CIF2.
ASX
The historical daily price of CIF's stapled securities covering the period 18 August 2005 to 31 December 2007 can be accessed below. For current information regarding CIF's share price, please refer to the
