Magellan Global Equities Fund reported audited earnings results for the year ended June 30, 2016. For the year, the company reported negative total net investment income of AUD 9,709,000 against positive total net investment income of AUD 1,339,000 a year ago. Net operating loss was AUD 17,122,000 against net operating profit of AUD 424,000 a year ago. Net cash outflows from operating activities was AUD 168,000 against net cash inflows from operating activities of AUD 106,000 a year ago. Purchase of investments was AUD 401,281,000 against AUD 181,791,000 a year ago.