SSAP 17 'Accounting for post balance sheet events'

Cambridge Antibody Technology Group plc Period End 30 September 2005

Submitted by Company Reporting on Thu, 2006-02-16 00:00

Cambridge Antibody Technology
Listed
United Kingdom
FRS 21 (IAS 10) 'Events after the balance sheet date'
FRS 26 (IAS 39) 'Financial instruments: recognition and measurement'
IAS 38 'Intangible assets'
IFRS 2005
IFRS 1 'First-time adoption of International Financial Reporting Standards'
IFRS 2 'Share-based payment'
Post balance sheet events
SSAP 17 'Accounting for post balance sheet events'

To adjust or not to adjust
UK health care company Cambridge Antibody Technology accounts for proceeds received from a post balance sheet settlement of litigation as an adjusting event but its auditors have changed their mind and conclude subsequent to publication that under IFRS it is a non-adjusting event.

Punch Taverns plc Period End 20 August 2005

Submitted by Company Reporting on Wed, 2006-01-18 00:00

Punch Taverns
FTSE Mid 250
United Kingdom
Exceptional items
FRS 15 'Tangible fixed assets'
IFRS 2005
Pensions
Post balance sheet events
Revenue recognition
SSAP 17 'Accounting for post balance sheet events'
Tangible fixed assets

Who evaluates the valuers?
UK pub companies Punch Taverns, Enterprise Inns and Mitchells and Butlers use different valuation policies for their licensed estates.