From...

From http://www.delisted.com.au/company/dick-smith-holdings-limited


a loss declaration has been issued and the capital loss can therefore be claimed in the financial year the declaration is issued - in this case 2015/16 (Administrators believe that there will not be a recovery sufficient to repay creditors in full. On this basis, there will not be a return of capital to shareholders. Pursuant to Section 104-145 of the Income Tax Assessment Act 1997, administrators declare that they have reasonable grounds to believe that there is no likelihood that shareholders of DSH will receive any distribution in the course of the external administration of the Dick Smith Group.)