ITO/MQA Demerger Cost Base Calculator

System Requirements

In order to use the Calculator, your computer must meet the following minimum system requirements:

  1. Windows-based computer running the Windows XP, Windows Vista or Windows 7 operating system;
  2. A full version of Microsoft Excel 2007 or above.

Note - Microsoft Excel Viewer is not a suitable alternative as it does not allow the use of macros.

Use of Macros

A macro is an instruction that expands automatically into a set of instructions to perform a particular task. In relation to the Calculator, macros are used to calculate the appropriate cost base adjustments that are necessary as a result of a distribution.

In order to use the Calculator, you must enable the use of macros when prompted by Microsoft Excel.

To enable the use of macros in the Calculator:

  1. Open the relevant Microsoft Excel file (with the .xlsm extension); a "Security Warning" box will be shown at the top left of the screen
  2. Click on the Options button in the "Security Warning" box
  3. In the "Microsoft Office Security Options" popup box, select Enable this content from the "Macros and ActiveX" section and press the OK button
  4. Macros will now be enabled in the Calculator

Using the ITO/MQA Demerger Cost Base Calculator

On 2 February 2010, MARL shares were distributed in specie from IT(II) and MARIL shares were distributed in specie from IIL. MARL shares and MARIL shares are stapled together in a 1:1 ratio to form an MQA stapled security. Security holders received 1 MQA stapled security for every 5 Intoll (formerly MIG) stapled securities they held.

Following the in specie distribution of MQA by ITO, this calculator has been prepared by Macquarie Fund Advisers Pty Ltd (ACN 127 735 960), a wholly owned subsidiary of Macquarie Group Limited, to assist Intoll and MQA investors, who held MIG securities at the end of 22 January 2010 and who received MQA securities as part of the in specie distribution from MIT(II) and MIGIL, in determining the appropriate cost base adjustments and identifying any other capital gains tax consequences as a result of the distribution.

You will need to have information about your investment in MIG at hand when completing the calculator. Specifically for transactions post 23 July 2006, you will need your acquisition date, acquisition costs (brokerage), your DRP participation dates (if any) and any selling information (eg which MIG securities you may have sold).

IF YOU HELD SECURITIES AT THE TIME OF THE DEMERGER OF MQA AND THEY WERE ACQUIRED PRIOR TO 24 JULY 2006, PLEASE ENSURE THAT YOU HAVE A COPY OF THE OUTPUT PRODUCED BY THE MIG/SRG DEMERGER CALCULATOR AT HAND. IF YOU HAVE NOT ALREADY COMPLETED THIS CALCULATOR YOU CAN DO SO HERE: MIG/SRG Demerger Cost Base Calculator. THIS OUTPUT WILL BE REQUIRED FOR MANUAL INPUT LATER IN THIS CALCULATOR.

Please note that you should consult your tax advisor and/or the Intoll Tax Statement Guide for further information.

Internet Explorer users should right-mouse click on the "Download ITO/MQA Demerger Cost Base Calculator" link below, select "Save Target As", and then change the file extension from .zip to .xlsm when prompted

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