Document ID: chunk:federal_register_of_legislation:C2014A00110:clause:1_36
Version: federal_register_of_legislation:C2014A00110
Segment Type: clause
Provision Reference: sch 1 cl 36
Character Range: 40903–41696

36  Subsection 820‑200(2) (example)
Repeal the example, substitute:
Example: KJW Finance Pty Ltd, a company that is an Australian entity, has an average value of assets of $120 million.
 The average values of its excluded equity interests, associate entity debt, associate entity equity, its non‑debt liabilities and its zero‑capital amount are $5 million, $5 million, $3 million, $2 million and $5 million respectively. Deducting these amounts from the result of step 1 (through applying steps 1A to 5) leaves $100 million. Multiplying $100 million by 15/16 results in $93.75 million. Adding the zero‑capital amount of $5 million to $93.75 million results in $98.75 million. As the company does not have any associate entity excess amount, the total debt amount is therefore $98.75 million.