Document ID: chunk:federal_register_of_legislation:C2014A00110:clause:1_40
Version: federal_register_of_legislation:C2014A00110
Segment Type: clause
Provision Reference: sch 1 cl 40
Character Range: 43246–44049

40  Subsection 820‑210(2) (example)
Repeal the example, substitute:
Example: FXS Financial SA is a company that is not an Australian entity. The average value of its Australian investments is $120 million.
 The average value of its relevant excluded equity interests, associate entity debt, associate entity equity, non‑debt liabilities and zero‑capital amount are $5 million, $5 million, $2 million, $3 million and $5 million respectively. Deducting those 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 average zero‑capital amount of $5 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.