Australian Foundation Investment Company Limited reported consolidated earnings results for the half year ended December 31, 2016. For the year, the company reported total revenue of AUD 135,494,000 compared to AUD 156,562,000 a year ago. Income from operating activities was AUD 135,131,000 compared to AUD 165,946,000 a year ago. Profit before income tax expense was AUD 122,032,000 compared to AUD 151,658,000 a year ago. Profit is attributable to equity holders of the company was AUD 118,023,000 or 10.45 cents per diluted share compared to AUD 145,534,000 or 13.17 cents per diluted share a year ago. Net cash inflow from operating activities was AUD 149,328,000 compared to AUD 173,025,000 a year ago. Purchases for investment portfolio were AUD 207,522,000 compared to AUD 445,787,000 a year ago.