Charter 2011 Annual Report Download - page 87

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F- 3
As discussed in notes 1 and 23 to the consolidated financial statements, the Company filed a petition for reorganization under
Chapter 11 of the United States Bankruptcy Code on March 27, 2009. The Company's plan of reorganization became effective
and the Company emerged from bankruptcy protection on November 30, 2009. In connection with its emergence from bankruptcy,
the Company adopted fresh-start accounting in conformity with AICPA Statement of Position 90-7, Financial Reporting by Entities
in Reorganization Under the Bankruptcy Code (included in FASB ASC Topic 852, Reorganizations), effective as of November
30, 2009. Accordingly, the Company's consolidated financial statements prior to November 30, 2009 are not comparable to its
consolidated financial statements for periods after November 30, 2009.
/s/ KPMG
St. Louis, Missouri
February 24, 2012