Manufacturing Industry
Cable & Wireless PLC - C&Wplc update on adoption of IFRS.
PR Newswire UK Disclose, September, 2005
UPDATE ON ADOPTION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS ("IFRS")
RESULTS FOR THE YEAR ENDED 31 MARCH 2005 RESTATED UNDER IFRS
PART I
(Part II of this document contains detailed reconciliations between the UK GAAP
and IFRS numbers shown below. It is available from the Cable & Wireless
website: www.cw.com).
Cable & Wireless today, 12 September 2005, publishes its results, restated
under IFRS for the year ended 31 March 2005. These results were previously
published under UK GAAP on 26 May 2005.
As indicated in the 31 March 2005 "Update on adoption of IFRS", the principal
areas of impact in the year ended 31 March 2005 are the same as those in the
year ended 31 March 2004:
* the deconsolidation of the Maldives business
* pensions...
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