15. Restatement of financial results
At the end of 2019-20, losses on disposal of property, plant and equipment were reclassified from an accumulated depreciation deferral account to a loss account in the condensed consolidated statement of comprehensive income to more accurately reflect the nature of the balances.
As Previously Reported
Restated
Prior period adjustment
April 1,
April 1,
(millions)
2019 Adjustment
2019
Condensed Consolidated Statement of Financial Position
Property, plant and equipment
3,755 $
$
-
3,755 $
Accumulated depreciation
(1,231)
(19)
(1,250)
Carrying amounts
2,524 $
$
(19)
2,505 $
Retained earnings
(1,024) $
$
19
(1,005) $
2020-21 Second Quarter Report
34
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