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- Release Date: 06/06/14 08:30
- Summary: NTA: AFI: Monthly NTA Backing Per Share and Top 25 Investments
- Price Sensitive: No
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AFI
06/06/2014 08:30
NTA
REL: 0830 HRS Australian Foundation Investment Company Limited
NTA: AFI: Monthly NTA Backing Per Share and Top 25 Investments
5 June 2014
The Manager
ASX Market Announcements Australian Securities Exchange Exchange Centre
Level 4
20 Bridge Street
Sydney NSW 2000
Electronic Lodgement
Australian Foundation Investment Company Limited
Monthly Net Tangible Asset Backing Per Share and Top 25 Investments
Dear Sir / Madam
Please see attached
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 brought forward losses.
These figures do not include the effects of any dilution that would arise
from the conversion of the outstanding Convertible Notes.
Attached is a list of the Company's Top 25 Investments as at 31 May 2014.
Yours faithfully
Andrew Porter
Company Secretary
End CA:00251267 For:AFI Type:NTA Time:2014-06-06 08:30:09
