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PERPETUAL EQUITY INVESTMENT COMPANY LIMITED ACN 601 406 419REPLACEMENT PROSPECTUSManager Perpetual Investment Management Limited (AFSL 234426) Joint Arrangers and Joint Lead Managers CBA Equities
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Daily net tangible asset refers to the total value of a company's tangible assets minus its liabilities, calculated on a daily basis to provide an accurate and current financial status.
Entities that are subject to certain financial regulations, such as investment firms or companies managing client funds, are typically required to file daily net tangible asset reports.
To fill out a daily net tangible asset report, a company must gather data on its tangible assets, calculate total liabilities, and then subtract liabilities from assets to determine the net tangible asset value, which is then reported in the specified format.
The purpose of daily net tangible asset reporting is to provide regulators and stakeholders with an up-to-date assessment of a company's financial health and to ensure compliance with financial regulations.
The report must include details on total tangible assets, total liabilities, calculation of net tangible assets, and any relevant notes or disclosures required by regulatory authorities.
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