AFI
03/02/2016 11:53
NTA
NOT PRICE SENSITIVE
REL: 1153 HRS Australian Foundation Investment Company Limited
NTA: AFI: NTA & Top 25 Investments as at 31 January 2016
3 February 2016
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 refer to attached table]
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.
Both the January 2016 and December 2015 figures are before the provision for
the interim dividend of 10 cents per share.
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 January 2016.
Yours faithfully
Andrew Porter
Company Secretary
End CA:00277188 For:AFI Type:NTA Time:2016-02-03 11:53:52
