Glencore International plc

Submitted by Krushna.patharakar on Tue, 2012-05-15 11:17
Glencore International plc Annual Report 2011
CR Monitor Issue: 
2012/0505
Company covered: 
Glencore International plc
Period End: 
31 December 2011
Report issued on 15 May 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Reverse acquisition paves way for dual listing.
Change
Fall in market value of associates below carrying amount leads to impairment tests, but no impairments recognised.
Change
Announcement of "merger" and acquisition disclosed as events after the reporting period.
Change
Disclosures made on new share awards.
Change
Finance lease maturity analysis and reconciliation published.
Change
Mortality assumption ranges added to pensions disclosures.

Law Debenture plc

Submitted by gunjan on Thu, 2012-05-10 12:11
Law Debenture Plc Annual Report 2011
CR Monitor Issue: 
2012/0504
Company covered: 
Law Debenture plc
Period End: 
31 December 2011
Report issued on 10 May 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Restatement
Segmental assets and liabilities restated to agree with balance sheet totals.
Restatement
Outstanding lease commitments restated between time bands, with no change to total.

Intertek Group plc

Submitted by gunjan on Fri, 2012-05-04 15:01
Intertek Group plc Annual Report 2011
CR Monitor Issue: 
2012/0503
Company covered: 
Intertek Group plc
Period End: 
31 December 2011
Report issued on 04 May 2012 covered the following practice issues:
Restatement
Gross amounts of items on which unrecognised deferred tax assets arise disclosed, highlighting prior year error.
Change
Disclosure of measure of segmental assets and liabilities discontinued.
Change
Accounting policies presented along with related notes.

Senior plc

Submitted by Krushna.patharakar on Fri, 2012-05-04 12:43
Senior plc Annual Report 2011
CR Monitor Issue: 
2012/0502
Company covered: 
Senior plc
Period End: 
31 December 2011
Report issued on 04 May 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Provisions separated from accruals by current year reclassification.
Change
Brief narrative disclosure on IFRS 9.
Change
Impending changes disclosed to tax rates applied in deferred tax calculations.

Hunting plc

Submitted by gunjan on Thu, 2012-05-03 05:28
Hunting plc Annual Report 2011
CR Monitor Issue: 
2012/0501
Company covered: 
Hunting plc
Period End: 
31 December 2011
Report issued on 03 May 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Divergence
Goodwill disclosed by cash-generating unit, indicating prior year non-compliance with disclosure requirement.
Change
Amortisation of intangible assets included under exceptional items.
Change
Impending disposal classified as discontinued operation.
Change
Amortisation of intangibles excluded from measure of segmental profit.
Change
Trademarks presented as separate class of intangible asset.
Change
Amortisation and exceptional items of acquired businesses disclosed.

Colt Group SA

Submitted by gunjan on Mon, 2012-04-30 13:32
Colt Annual Report 2011
CR Monitor Issue: 
2012/0410
Company covered: 
Colt Group S.A.
Period End: 
31 December 2011
Report issued on 30 April 2012 covered the following practice issues:
Divergence
Assets acquired in business combinations silently excluded from additions to non-current assets in segmental disclosure.
Change
Reduction of market capitalisation below non-current assets disclosed as impairment risk indicator.
Change
Subsequent loss by bargain acquisition leads to negative non-controlling interest.
Restatement
Severance payments presented separately in statement of cash flows.
Change
Newly disclosed contingent liabilities quantified.
Change
Mitigation presented alongside principal risks in columnar format.