Australian Foundation Investment Company Limited
Monthly Net Tangible Asset Backing Per Share and Top 25 Investments
Dear Sir / Madam
$AUD
30 June 2017 Before Tax * $5.89 After Tax * $5.07
31 May 2017 Before Tax * $5.87 After Tax * $5.05
*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 audit.
Attached is a list of the Company''s Top 25 Investments as at 30 June 2017.
Yours faithfully
Matthew Rowe
Company Secretary
End CA:00303631 For:AFI Type:MKTUPDTE Time:2017-07-05 10:26:11