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- Release Date: 07/02/12 10:35
- Summary: NTA: AFI: Monthly Net Tangible Asset Backing Per Share - AFI
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AFI
07/02/2012 08:35
NTA
REL: 0835 HRS Australian Foundation Investment Company Limited
NTA: AFI: Monthly Net Tangible Asset Backing Per Share - AFI
The Manager
Company Announcements Office
Australian Securities Exchange
Exchange Centre
Level 4
20 Bridge Street
Sydney NSW 2000
Electronic Lodgement
Dear Sir or Madam
Australian Foundation Investment Company Limited
Monthly Net Tangible Asset Backing Per Share
Before Tax * After Tax *
31 January 2012 Cum Div $4.48 $3.93
31 December 2011 Cum Div $4.29 $3.80
The Net Tangible Asset Backing per Share figures for both 31 December 2011
and 31
January 2012 are before provision for the interim dividend of 8 cents per
share.
*The before and after tax numbers relate to the provision for deferred tax on
the
unrealised gains in the Company's investment portfolio. The Company is a long
term
investor and does not intend disposing of its total long term investment
portfolio. Under
current Accounting Standards, the Company is required to provide for tax on
any gains
that may arise on such a theoretical disposal, after the utilisation of any
brought forward
losses.
These figures do not include the effects of any dilution that would arise
from the
conversion of the outstanding Convertible Notes.
Yours faithfully
End CA:00219231 For:AFI Type:NTA Time:2012-02-07 08:35:37
