The NZX Australian 20 Leaders Index Fund reported audited earnings results for the full year ended March 31, 2014. For the year, the company reported total net income of negative NZD 814,000 compared to total net income of NZD 17,947,000 for the same period a year ago. Net loss before tax was NZD 1,434,000 compared to net income before tax of NZD 17,398,000 last year.

Net loss after tax was NZD 2,339,000 or 9.63 cents per unit compared to net income after tax of NZD 16,403,000 or 65.48 cents per unit last year. Net asset value at March 31, 2014 was NZD 3.6538 per unit compared to NZD 3.8604 per unit last year. Net cash provided by operating activities was NZD 3,214,000 compared to NZD 2,134,000 last year.