FRS 26 (IAS 39) 'Financial instruments: recognition and measurement'

The City of London Investment Trust plc Period End 30 June 2010

Submitted by YWang on Fri, 2010-10-08 14:11

Call options written to “generate return”
UK investment trust The City of London Investment Trust writes call options against its low or zero dividend yielding investments and states that this is to generate additional return, although there is no explicit disclosure of the potential downside.

Cambridge Antibody Technology Group plc Period End 30 September 2005

Submitted by Company Reporting on Thu, 2006-02-16 00:00

To adjust or not to adjust
UK health care company Cambridge Antibody Technology accounts for proceeds received from a post balance sheet settlement of litigation as an adjusting event but its auditors have changed their mind and conclude subsequent to publication that under IFRS it is a non-adjusting event.

Aberforth Smaller Companies Trust plc Period End 31 December 2005

Submitted by Company Reporting on Tue, 2006-01-31 00:00

First off the mark
UK investment trust Aberforth Smaller Companies Trust adopts the UK versions of three IFRS standards, making it the first UK company we have seen to publish under these standards.