Sorry Excised, I can't provide you with documentation. However announcements at the time note that the company is paying tax on the sale of 50% of Gruyere. The sale price was $350m. The tax rate is 30%. I've certainly read announcements saying that the franking credits are $70M. That would lead me to believe that the cost base of the sale was a little over $100M which would generate the right amount of credits. (350-100)*30% is around $70M.
Cheers,
Tim.
Ann: Quarterly Activities Report and Appendix 5B - December 2019, page-44
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