The net tangible asset backing of Djerriwarrh Investments Limited shares at 31 January 2012 was $3.19 per share before tax (last month $3.15) and $3.16 after tax (last month $3.16).
The before and after numbers relate to the provision for deferred tax on the unrealised capital gains or losses 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 the tax effects of any capital gains or losses that may arise on such a theoretical disposal, after the utilisation of brought forward losses.
Net asset backing notices for the above are also available.
Financial Results
The Company has a 30 June financial year-end, with results announced for the full year in July and interim results in February.