Investor Presentaiton

CAT THE INSTITUTE OF CHARTERED ACCOUNTANTS OF SRI LANKA LKAS 1-Presentation of Financial Statements 27th June 2012 SOURCES OF ESTIMATION UNCERTAINTY An entity shall disclose information about the assumptions it makes about the future, other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets_and liabilities within the next financial year. In respect of those assets and liabilities, the notes shall include details of: their nature • their carrying amount as at the end of the reporting period Refer to next slide for examples. CAT THE INSTITUTE OF CHARTERED ACCOUNTANTS OF SRI LANKA LKAS 1- Presentation of Financial Statements 27th June 2012 Scope of the Presentation 31 LKAS 37 Provisions, contingent liabilities and contingent assets : Requires disclosure, in specified circumstances, of major assumptions concerning future events affecting classes of provisions. SLFRS 7 Financial Instruments: Disclosures Requires disclosure of significant assumptions the entity uses in estimating the fair values of financial assets and financial liabilities that are carried at fair value LKAS 16 Property, Plant and Equipment Requires disclosure of significant assumptions that the entity uses in estimating the fair values of revalued items of property, plant and equipment Scope of the Presentation 32 16

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