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44 URBAN DEVELOPMENT CORPORATION Notes to the Non-Consolidated Financial Statements (Continued) Year ended March 31, 2010

29.

Prior year adjustments (cont’d) The detailed impact of the above adjustments is tabulated below (cont’d):

Notes

Revenue Administrative and general expenses Increase in fair value of inventory properties Income from investments Net finance costs Impairment losses

(iv) (i) ( iv)

As previously reported

2009 Prior year adjustment or reclassification

As restated

$’000

$’000

$’000

1,359,484 (1,730,523)

( 23,700) ( 329,483)

1,335,784 (2,060,006)

777,766 695,075 ( 38,410) -

( 413,150) ( 182,279)

364,616 695,075 ( 38,410) ( 182,279)

1,063,392

( 948,612)

Profit before taxation Taxation

(v)

14,678

Profit for the year Other comprehensive income/(expense): Revaluation adjustments on land and buildings Deferred tax on revaluations Arising on disposal

(i) (v)

( (

(

66,463)

114,780 (

51,785)

1,078,070

(1,015,075)

62,995

1,125,564 75,249) 14,000)

(1,356,443) 61,399 -

(230,879) ( 13,850) ( 14,000)

1,036,315

(1,295,044)

(258,729)

Annreport09 10  
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