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KEYBRIDGE CAPITAL LIMITED — Net Asset Value 2016
Jun 19, 2016
65174_rns_2016-06-19_620ee08d-7371-468b-8924-aa97fd151180.pdf
Net Asset Value
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ASX Code: KBC
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20 June 2016
The Manager ASX Markets Announcements Australian Securities Exchange Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000
Via Electronic Lodgement
Monthly Net Asset Value (NAV) Per Share – May 2016 Unaudited
| Date | Unaudited NAV per share^ after tax |
|---|---|
| 30 April 2016 | 20.7 cents |
| 31 May2016 | 20.9 cents |
- ^ Based on 158,812,237 quoted shares on issue (excludes shares issued under the Executive Share Plan).
As at 31 May 2016, the value of Keybridge Capital Limited’s (“Keybridge”) investments by asset class was as follows:
| **May ** | 2016 | April 2016 | April 2016 | |
|---|---|---|---|---|
| AUDmillion | % oftotal | AUDmillion | % oftotal | |
| Cash | 2.3 | 6% | 2.2 | 6% |
| Listed Equity | 15.6 | 42% | 15.5 | 42% |
| Private Equity | 6.5 | 19% | 6.5 | 19% |
| Solar | 6.6 | 18% | 6.6 | 18% |
| Funds Management* | 1.6 | 4% | 1.6 | 4% |
| Foundation Life | 3.2 | 9% | 3.0 | 8% |
| Property | 1.2 | 3% | 1.2 | 3% |
| 37.0 | 100% | 36.6 | 100% | |
| Plus: Short Term Assets | 1.3 | 1.3 | ||
| Plus: LongTerm Assets | 0.6 | 0.4 | ||
| Plus: Deferred Tax Assets | 0.7 | 0.7 | ||
| Less: Short Term Liabilities | (2.3) | (2.0) | ||
| Less: CRPN | (4.1) | (4.1) | ||
| Net Assets | 33.2 | 32.9 |
* Net of a deferred tax liability.
Currency Exposure
The breakdown of Keybridge’s net currency exposure, as a percentage of total NAV (Australian Dollar equivalent) is as follows:
| Net Foreign Currency | |
|---|---|
| Assets% of NAV | |
| Australian Dollars | 53% |
| Euros | 20% |
| US Dollars | 19% |
| New Zealand Dollars | 8% |
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This net foreign currency asset position means that Keybridge incurs translation losses when the Australian Dollar appreciates in value against the US Dollar, Euro and NZ Dollar.
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----- Start of picture text ----- Investment by Asset ClassProperty, 1.2Cash, 2.3InsuranceFunds Management ,(Foundation Life),1.63.2Infrastructure, 6.6Listed Equity, 15.6Private Equity, 6.5----- End of picture text -----
Keybridge Capital Limited (ASX Code: KBC ) is a financial services company that has invested in the asset classes shown above.
For further information, please contact:
Ian Pamensky
Chief Financial Officer Tel: +61 3 8687 2267 Email: [email protected] www.keybridge.com.au