Dear Sir / Madam
NTA & Top 25 Investments as at 31 October 2017
31 October 2017
Before Tax * $5.95
After Tax *$5.09
30 September 2017
Before Tax * $5.73
After Tax *$4.94
All figures in $AUD
*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 October 2017.
Yours faithfully
Matthew Rowe
Company Secretary
End CA:00310037 For:AFI Type:MKTUPDTE Time:2017-11-09 08:31:16