Page 155 - InterloopAnnualReport2021

NOTES TO THE

FINANCIAL STATEMENTS

For the year ended June 30, 2021

53. EVENT AFTER THE BALANCE SHEET DATE
The Board of Directors in their meeting held on September 15, 2021 have proposed a final cash dividend of Re. 1
per shares (2020: Re. 1 per share), amounting to Rs. 872.20 million (2020: Rs. 872.20 million) and bonus shares at
3% (i.e. 3 shares for every 100 shares held on the entitlement date) for the year ended 30 June 2021, for approval
of the members at the Annual General Meeting of the Company.

54. DATE OF AUTHORIZATION FOR ISSUE
The financial statements were authorized for issue on September 15, 2021 by the Board of Directors of the
Company.

55. GENERAL
55.1 Corresponding figures
Corresponding figures have been rearranged and reclassified wherever necessary for the purpose
of better presentation. However, during the year no material reclassification has been made in the
corresponding figures.

55.2 Following nomenclature has been changed during the year

Previous year nomenclature Current year nomenclature
Duty drawback DDT
Loss on disposal of property, plant and equipment Loss on disposal of non current assets

55.3 Rounding
Figures have been rounded off to the nearest thousand.

Chief Executive Officer Director Chief Financial Officer

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