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Annual Report 10/11 - ACL Cables PLC

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<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

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