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Retrieving Data

Note 3

For the Year Ended 31 March 2011

UNDERLYING EARNINGS AFTER TAX
GROUP PARENT
2011 2010 2011 2010
Note $000 $000 $000 $000
Profit After Tax Attributable to the Shareholders of the Company 112,369 119,413 107,133 107,632
Fair value (gains) / losses on financial instruments 9 (62) (12,509) 590 (3,537)
Impairment of software intangible asset 8 - 6,162 - 6,162
Adjustments before income tax (62) (6,347) 590 2,625
Change in income tax expense in relation to adjustments 19 3,753 (177) 1,061
Tax credit for prior year adjustment (1,849) - (1,849) -
Change in corporate tax rules 11 5,981 - 6,892 -
Adjustments after income tax 4,089 (2,594) 5,456 3,686
Underlying Earnings After Tax 116,458 116,819 112,589 111,318
         
Underlying earnings after tax is presented to allow stakeholders to make an assessment and comparison of underlying earnings after removing the non-cash fair value movements in financial instruments, the effect of the change in corporate tax rules as well as impairment charges that management consider to be one off in nature.