bbi vs. ato, page-11

I think this is all a bit of a sideshow really and is well down on my list of things to worry about for BBI.

BBi is miles away from paying any tax. Anything that gets adjusted will most likely go against current losses carried forward.

The whole area of leasing is the topic of some debate amongst the accountants at present. A lot of these leases are now considered to be intangible assets.

Also a company like BBI that buys and sells infrastructure assets as its business, I would not think would be subject to capital gains on the sale of DBCT as it is part of their normal trading and as far as I can see would not be a capital gain.

It would just be a normal accounting gain and would simply offset other losses from normal business in the BBI books, of which I am sure there are plenty to be brought to account in the near future.