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of <h1>New Clause in Section 217: Disclose Post-Balance Sheet Events Impacting Solvency in Directors' Report or Chairman's Statement.</h1> Events occurring after the balance sheet date that significantly affect a company's solvency or are important to shareholders should be disclosed in the directors' report or chairman's statement, even if they cannot be included in the balance sheet or profit and loss account. This includes events like disposal of major assets, changes in capital structure, wage alterations from union negotiations, significant purchases or sales, catastrophes affecting fixed assets, changes in long-term debt, litigation awards, contract changes, or tax refunds. These disclosures align with the new clause in section 217 to inform shareholders of material changes affecting the company's financial position.
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