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Retrieving Data

Note 3

For The Year Ended 31 March 2012

UNDERLYING EARNINGS AFTER TAX

GROUP PARENT
2012 2011 2012 2011
For the year ended 31 March 2012 Note $000 $000 $000 $000
Profit After Tax Attributable to the Shareholders of the Company
  131,652 112,369 133,553 107,133
Fair value (gains) / losses on financial instruments 9
One-off impairment of generation asset 8 7,544 (62) 1,883 590
Adjustments before income tax 566 - 566 -
8,110 (62) 2,449 590
Change in income tax expense in relation to adjustments
Tax credit for prior year adjustment (2,271) 19 (686) (177)
Change in corporate tax rules 11 - (1,849) - (1,849)
Adjustments after income tax (2,031) 5,981 (2,182) 6,892
Underlying Earnings After Tax 3,808 4,089 (419) 5,456
135,460 116,458 133,134 112,589
       
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 other items that the Group considers to be one off in nature.