New www.companyreporting.com

We have recently upgraded our website to introduce new features and enhance searchability of our articles. If you are a current member visiting for the first time since the changes you will be required to request a new password. Please use the "Request New Password" link below and enter your email address in the form provided. We suggest taking a minute or two to read our guide to the changes before starting.

User login

Tuesday 9 March 2010

Latest CR Reports

Wärtsilä Corporation Annual Report 2009

Significant restructuring disclosed outside financial statements
Finnish engineering company Wärtsilä discloses a significant reduction of capacity, that it expects to lead to €140 million non-recurring costs equal to 25% of current year profit but, contrary to IFRS requirements, locates the principal disclosure outside the financial statements and notes.


State of order book included in segmental disclosures
Finnish engineering company Wärtsilä discloses information by three business areas, including significant declines of up to 83% in new orders, whilst drawing attention to limitations of the information.

Read more Wärtsilä Corporation Period End 31 December 2009
The Bankers Investment Trust plc Annual Report 2009

Separate disclosure about proposed changes to Articles of Association
UK investment trust The Bankers Investment Trust discloses separately proposed changes to its Articles of Association prompted by new requirements under the Companies (Shareholders’ Rights) Regulations 2009 and the Companies Act 2006.

Read more The Bankers Investment Trust plc Period End 31 October 2009
Novartis AG Annual Report 2009

Inelegant presentation of new fair value hierarchy disclosures
Swiss pharmaceutical company Novartis publishes new information on the fair value hierarchy of financial assets, but includes $156 million items measured at amortised cost in the table, which are identified as such only elsewhere in the financial statements. 

Read more Novartis AG Period End 31 December 2009
Roche Holding AG Annual Report 2009

Minority interest buy-out significantly reduces equity as finance costs classified as exceptional
Swiss pharmaceuticals company Roche classifies as exceptional financing costs associated with acquisition of minority interest that reduces its equity by 82%.

Read more Roche Holding AG Period End 31 December 2009
The Paragon Group Of Compaines plc Annual Report 2009

Repurchase of own debt at nearly half carrying value boosts profit by 51%
UK consumer finance company Paragon recognises £18.4 million gains on repurchasing its own debt at a price which is nearly half of the carrying value, that increase its pre-tax profit by 51%. 

Read more The Paragon Group Of Companies plc Period End 30 September 2009

14 Day No Obligation Free Trial Apply Now

What we do

Company Reporting identifies changes in IFRS corporate reporting practice by Europe’s listed companies.  Need to stay up to date?  Focusing on the process of year-on-year change we provide the best and most interesting material available to keep you and your company out of the clutches of the FRRP!!

IFRS 2009 Bound Volume reproduced under license