NZX Midcap Index Fund reported audited earnings results for the year ended March 31, 2016. Total investment income was NZD 8.4 million against NZD 11.0 million last year. Profit before tax was NZD 8 million against NZD 10.6 million last year. Profit after tax was NZD 8 million against NZD 10.6 million last year. Basic and diluted earnings per unit were 51.29 cents against 71.05 cents last year. Net cash flows from operating activities were NZD 2.3 million against NZD 2.1 million last year. The net asset value of each unit per the financial statements is NZD 3.88954 against NZD 3.52664 at March 31, 2015.