Investment Portfolio

 

31 July 2016
$

31 July 2015
$

1. CASH    
Australian Dollars 17,122,000 1,029,000
Foreign Currency 3,875,000 11,810,000
Total 20,997,000 12,389,000
2. AUSTRALIAN EQUITY PORTFOLIO    
Boundary Bend Limited   10,071,000  5,371,000
Carlton Investments 5,528,000 5,509,000
ANZ Banking Group 2,584,000 3,268,000
Westpac Banking Corporation 2,518,000 2,824,000
National Australia Bank 2,150,000 2,816,000
BT Investments 2,122,000 1,663,000
TPI Group Limited 1,933,000 2,000,000
Tassal Group 1,236,000 1,128,000
Event Hospitality 1,180,000 1,008,000
Magellan Financial Group 987,000 -
Blackmores Ltd - 9,009,000
Woolworths Ltd - 2,860,000
Other holdings 13,457,000 13,100,000
Total 43,766,000 50,556,000
3. INTERNATIONAL HOLDINGS    
Hydration Phamaceuticals 2,659,000 -
DiCE Molecules 1,349,000 1,349,000
Other 1,499,000 3,186,000
Total 5,507,000 4,535,000
4. MANAGED PRIVATE EQUITY PORTFOLIO    
Total 2,679,000 2,604,000
 

31 July 2016
$

31 July 2015
$

5. PROPERTY    
Pacific Coast: Sub-regional shopping centres 147,747,000 139,747,000
Pacific Coast: Neighbourhood shopping centres 34,238,000 33,000,000
Other Direct Properties 15,838,000 13,154,000
Borrowings (48,775,000) (48,900,000)
Total Property 149,048,000 137,001,000
 
Working Capital * (6,098,000) (4,253,000)
Net assets before tax on unrealised gains ** 215,899,000 203,282,000
Provision for tax on unrealised gains (17,319,000) (16,511,000)
Net assets after tax on unrealised gains ** 198,580,000 186,771,000
 
Number of Shares Outstanding 53,692,199 48,976,317
Net assets per share before estimated tax on unrealised gains $4.02 $3.77
Net assets per share after allowing for estimated tax on unrealised gains $3.70 $3.47

* Working capital consists of all other assets not defined separately above, all liabilities excluding borrowings of $48,775,000 which is included in section 5, and before provision for tax on unrealised gains on equities and investment properties.
** Net Assets per Share as at 31 July 2015 have been restated to reflect the 1 for 10 bonus issue of shares during the 2016 year.