Figure 1. CSL’s growing commitment to R&D
Source. CSL December 2017 R&D Briefing

Figure 2. Past R&D delivered today’s strong earnings results and upgrades
Source. CSL December 2017 R&D Briefing

Figure 3. CSL’s current R&D portfolio – what David will focus on at the April R&D site tour
Source. CSL December 2017 R&D Briefing (the heading should say 2017)

Figure 4. Damen’s whirl-wind tour of outback rural properties
Source. Google Maps
Clime Asset Management owns shares in RFF, AMC, CSL, AXL, RIC & ENN for and on behalf of various mandates for which it acts as investment manager. 
David, Adrian & Damen also own shares in one or more of the above listed stocks within their personal investment portfolios.