Investment Portfolio

  31 July 2020
$’000
31 July 2019
$’000
Strategic Equity Investments    
Surf Hardware International (at cost) 16,000 16,000
Boundary Bend Limited  12,216 14,834
Carlton Investments 4,650 6,579
DiCE Molecules 2,304 2,411
BBBSA/Trailblazer Finance 2,400 2,400
Murray Darling Food Company 2,157 2,157
NSX Limited 900 2,100
Event Hospitality Group 892 1,494
Phalla Pharma/TPI Enterprises Limited 948 1,406
Hydration Pharmaceuticals 1,331 1,393
Hexima 949 949
Blackfynn 403 403
EFTsure 602 358
Power Pollen Accelerated Ag Technologies 885 260
Other Listed Investments 4,029 5,679
Total 50,666 58,423
Private Equity Funds    
Five V Capital 1,620 1,743
OurCrowd Australia 1,248 1,375
Our Innovation Fund 1,788 1,303
Other Private Equity Funds 95 486
Total 4,751 4,907
Pacific Coast Shopping Centre Portfolio    
Sub-regional shopping centres 178,277 177,991
Neighbourhood shopping centres 19,854 47,640
Borrowings (80,175) (89,745)
Total 117,956 135,886
Other Direct Properties    
Sawtell Commons - residential subdivision 10,578 11,500
Solitary 30 - Coffs Harbour development land 3,734 3,317
Other Properties 13,250 15,249
Borrowings (1,350) (1,425)
Total 26,212 28,641
Cash and Other    
Cash 15,329 9,754
Tax liabilities (12,017) (9,859)
Surf Hardware International consolidation impact1 (609) 415
Fair value impact of Sawtell Commons – residential subdivision2 - (380)
Other assets and liabilities (6,757) 20,991
Total (4,054) (21,061)
Net assets before tax on unrealised gains on equities and investment properties 195,531 206,796
Provision for tax on unrealised gains on equities and investment properties (11,456) (15,672)
Net assets after tax on unrealised gains on equities and investment properties 184,075 191,124

1 Difference between the investment in Surf Hardware International (at cost) and net assets attributable to the group to the group on consolidation.
2 Fair value of property is based on directors’ valuation, however the property is recorded at cost in the statement of financial position as required by Australian Accounting Standards.