What are the effects of changing master data in bw

hi gurus
we have changed a plant (#1234) master data it was under comapany code(12) now it is under comapny code(59) on the r3 side, now there is data in the cubes already which was loaded before the change, and we still want to use it, but since master data has changed and reloded, what will happen when i run reports on the old data,
secondly i know i can use time dependant objects but my question is what will happen if i dont use it. will the old data run fine under the new comapny code?  and what other things will this change effect.

ok whats confusing me is that suppose we have this record in the cube
Comp Code       Plant     kf
   16                   9823     45
comp code & region is an attr of plant and this is the new master data
plant     comp code  region
9823        39              CA
and this is old master data
plant     comp code  region
9823        16              TX
now when the user tries to drill down by region on that transaction record what will he get for region

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