The following are examples of adjusting events after the end of the reporting period that
require an entity to adjust the amounts recognised in its financial statements, or to
recognise items that were not previously recognised:
(a) The settlement after the end of the reporting period of a court case that confirms
that the entity had a present obligation at the end of the reporting period. The
entity adjusts any previously recognised provision related to this court case in
accordance with Section 21 Provisions and Contingencies or recognises a new
provision. The entity does not merely disclose a contingent liability. Rather, the
settlement provides additional evidence to be considered in determining the
provision that should be recognised at the end of the reporting period in
accordance with Section 21.