NTA & Top 25 Investments as at 28 February 2017
2 March 2017
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
Before Tax * After Tax *
28 February 2017 Ex Div $5.76 $4.96
31 January 2017 Cum Div $5.78 $4.98
*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.
The February 2017 figures are after the payment of the interim dividend of 10 cents per
share and the January 2017 figures are before the provision for the dividend.
The February 2017 figures include the 34,330,472 shares issued following the
conversion of the 2011 Convertible Notes.
Attached is a list of the Company’s Top 25 Investments as at 28 February 2017.
Yours faithfully
Matthew Rowe
Company Secretary
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Total Value
$ million
1CBA Commonwealth Bank of Australia650.3
2WBC Westpac Banking Corporation523.9
3BHP BHP Billiton349.8
4* NAB National Australia Bank319.0
5WES Wesfarmers287.2
6* ANZ Australia and New Zealand Banking Group267.5
7TLS Telstra Corporation252.8
8RIO Rio Tinto226.4
9* CSL CSL208.8
10TCL Transurban Group202.2
11AMC Amcor172.8
12WOW Woolworths130.5
13* BXB Brambles120.0
14AGL AGL Energy116.0
15OSH Oil Search115.0
16WPL Woodside Petroleum102.9
17RHC Ramsay Health Care98.7
18AMP AMP98.1
19QBE QBE Insurance Group96.9
20* TWE Treasury Wine Estates81.8
21* IPL Incitec Pivot81.8
22QUB Qube Holdings73.4
23HSO Healthscope67.5
24CPU Computershare63.0
25* JHX James Hardie Industries60.6
4,766.9
As % of Total Portfolio Value 70.6%
(excludes Cash)
* Indicates that options were outstanding against part of the holding
TOP 25 INVESTMENTS AS AT 28/02/2017
Valued at closing prices at 28 February 2017
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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