NTA & Top 25 Investments as at 31 March 2017
7 April 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 *
31 March 2017 $5.97 $5.12
28 February 2017 $5.76 $4.96
*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.
Attached is a list of the Company’s Top 25 Investments as at 31 March 2017.
Yours faithfully
Andrew Porter
Company Secretary
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Total Value
$ million
1CBA Commonwealth Bank of Australia678.7
2WBC Westpac Banking Corporation545.0
3BHP BHP Billiton336.3
4* NAB National Australia Bank332.2
5WES Wesfarmers303.0
6* ANZ Australia and New Zealand Banking Group275.3
7TLS Telstra Corporation244.4
8RIO Rio Tinto220.8
9* CSL CSL214.0
10TCL Transurban Group214.0
11AMC Amcor185.2
12WOW Woolworths134.2
13AGL AGL Energy124.8
14* BXB Brambles123.6
15OSH Oil Search119.0
16WPL Woodside Petroleum105.3
17AMP AMP104.1
18QBE QBE Insurance Group101.5
19RHC Ramsay Health Care98.9
20* TWE Treasury Wine Estates84.0
21* IPL Incitec Pivot83.8
22QUB Qube Holdings81.3
23HSO Healthscope68.1
24CPU Computershare65.5
25* JHX James Hardie Industries64.0
4,907.0
As % of Total Portfolio Value 70.6%
(excludes Cash)
* Indicates that options were outstanding against part of the holding
TOP 25 INVESTMENTS AS AT 31/03/2017
Valued at closing prices at 31 March 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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