NTA & Top 25 Investments as at 31 December 2017
5 January 2018
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 December 2017 $6.15 $5.24
30 November 2017 $6.03 $5.15
*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 are subject to external review by the auditors.
Attached is a list of the Company’s Top 25 Investments as at 31 December 2017.
Yours faithfully
Matthew Rowe
Company Secretary
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED
Total Value
$ million
1 CBA Commonwealth Bank of Australia634.7
2 WBC Westpac Banking Corporation487.3
3 * BHP BHP419.1
4 WES Wesfarmers298.6
5 * NAB National Australia Bank294.7
6 * CSL CSL262.6
7 RIO Rio Tinto262.1
8 TCL Transurban Group246.4
9 ANZ Australia and New Zealand Banking Group243.9
10 TLS Telstra Corporation190.4
11 AMC Amcor189.7
12 * WOW Woolworths143.1
13 BXB Brambles135.4
14 OSH Oil Search128.4
15 WPL Woodside Petroleum108.6
16 * TWE Treasury Wine Estates107.1
17 AGL AGL Energy104.9
18 AMP AMP104.3
19 * MQG Macquarie Group102.7
20 RHC Ramsay Health Care99.2
21 QUB Qube Holdings90.6
22 * JHX James Hardie Industries81.2
23 CPU Computershare76.0
24 * WFD Westfield Corporation75.2
25 * ORG Origin Energy71.5
4,957.6
As % of Total Portfolio Value 69.4%
(excludes Cash)
* Indicates that options were outstanding against part of the holding
TOP 25 INVESTMENTS AS AT 31/12/2017
Valued at closing prices at 29 December 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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