RE: RE: RE: RE: will the Cs be dealt with first? "Could you please provide an estimate with supporting arguments for the size of the tax hit from A/B conversion?"
From the information that I have which should not be misconstrued as anything more than the numbers that I believe to be true. Information from YLO Q2 & 3 reports may modify my available information. Conversion is based on the common shares at $ 0.03
A&B book Equity Liability $398,443,000
A conversion value $3,767,202
B conversion value $2,364,229
Net Capital Gain $392,311,569
Income Tax @26.2% $102,785,631
Income Tax @ 27.9% $109,454,927
"Please try to factor in the tax implications of the write-downs of over 2B in goodwill/intangibles"
Writedown $2,968,000,000
Income Tax Credit $47,558,000
Income Tax Q1 $29,823,000
Carry-Forward unused credit $17,735,000