<strong>ACL</strong> <strong>Cables</strong> <strong>PLC</strong> <strong>Annual</strong> <strong>Report</strong> 20<strong>10</strong>/<strong>11</strong>Notes to the Financial Statements35.9 Balances arising from the above related party transactions as at the balance sheet date are as follows;CompanyAs at 31 March20<strong>11</strong> 20<strong>10</strong>(a) Payable to related partiesKelani <strong>Cables</strong> <strong>PLC</strong> 33,685,621 5,336,508<strong>ACL</strong> Metal and Alloys (Private) Limited 252,098,0<strong>10</strong> 150,542,580<strong>ACL</strong> Polymers (Private) Limited 452,500 503,757<strong>ACL</strong> Plastics <strong>PLC</strong> 291,601,031 66,822,870Ceylon Bulbs and Electricals Limited - 379,260577,837,162 223,584,975(b) Receivable from related partiesKelani <strong>Cables</strong> <strong>PLC</strong> 63,758,412 27,266,288<strong>ACL</strong> Kelani Magnet Wire (Private) Limited 62,872,974 21,394,522Ceylon Bulbs and Electricals Limited 7,283,066 7,253,730<strong>ACL</strong> Plastics <strong>PLC</strong> 3,521,481 2,662,161<strong>ACL</strong> Metal and Alloys (Private) Limited 2,396,2<strong>10</strong> 5,951,298139,832,144 64,527,999(c) Receivable on loans<strong>ACL</strong> Metal and Alloys (Private) Limited - 31,184,703<strong>ACL</strong> Kelani Magnet Wire (Private) Limited 32,075,221 32,075,22132,075,221 63,259,924(d) Payable on loansKelani <strong>Cables</strong> <strong>PLC</strong> 41,854,000 41,854,000<strong>ACL</strong> Plastics <strong>PLC</strong> 55,745,056 55,745,056<strong>ACL</strong> Polymers (Private) Limited 25,000,000 25,000,000Lanka Olex <strong>Cables</strong> (Private) Limited 594,044 594,044123,193,<strong>10</strong>0 123,193,<strong>10</strong>0There were no other related parties or related party transactions during the year ended 31 March 20<strong>11</strong> other thanthose disclosed above.80
<strong>ACL</strong> <strong>Cables</strong> <strong>PLC</strong> <strong>Annual</strong> <strong>Report</strong> 20<strong>10</strong>/<strong>11</strong>36. Comparative informationComparative information in financial statements have been restated as follows.(a) Recognition of previously unrecognized deferred tax liability amounting to Rs. 7,309,087 of <strong>ACL</strong> Kelani MagnetWire (Private) Limited. Liability was allocated as follows:- Retained earnings (Rs) 6,855,193- Minority interest (Rs) 453,89437. Post balance sheet eventsNo circumstances have arisen since the balance sheet date, which would require adjustments to, or disclosure in thefinancial statements.81