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AMCIL LIMITED — Net Asset Value 2007
Sep 4, 2007
64375_rns_2007-09-04_06c7be63-46c8-4192-9cb6-ed3e00594f2b.pdf
Net Asset Value
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5 September 2007
The Manager Company Announcements Office Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
Electronic Lodgement
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AMCIL Limited
Dear Sir or Madam
Monthly Net Tangible Asset Backing Per Share
| Before Tax* | After Tax* | ||
|---|---|---|---|
| 31 | August 2007Ex div | 76 cents | 73 cents |
| 31 | July 2007Cum div | 83 cents | 79 cents |
The August figures are after the provision for the declared final dividend of 6 cents per share and the July figures are before the provision for the dividend.
*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.
The net tangible asset backing figure at 30 September 2007 is expected to be announced by Friday 12 October 2007.
Yours faithfully,
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Sue Crook
Company Secretary