Jersey

Beazley plc Period End 31 December 2010

Submitted by Alisdair on Wed, 2011-03-23 08:06
Beazley plc Annual Report 2010
US$33.7 million income statement gain, along with an identical loss through other comprehensive income, arise from changing presentation and functional currency at different dates
Jersey registered insurance company Beazley changes from sterling to US dollar its presentation currency at the start of the year but changes its functional currency 3 months later leading to a US$33.7 million exchange gain in the income statement and “reversal” of this gain through other comprehensive income.

3i Infrastructure plc Period End 31 March 2009

Submitted by Company Reporting on Tue, 2009-09-08 23:00
3i Infrastructure plc Annual Report 2009

Restatement increases comparative net operating cash outflows by 5.5%

Jersey investment company 3i Infrastructure restates without explanation its prior year cash flow statement to reclassify £31.9 million cash in transit to purchases of investments and distribution to minority interests, with net cash outflow from operating activities increasing by 5.5%.

Randgold Resources Ltd Period End 31 December 2008

Submitted by Company Reporting on Sun, 2009-06-07 23:00
Randgold Resources Annual Report 2008

Impairment of US$10.4 million reduces pre-tax profit by 13%
Jersey-based gold mining company Randgold Resources concludes that impairment of US$10.4 million that reduces pre-tax profit by 13% arises from credit rating downgrade of investments.

The Jersey Electricity Company Ltd Period End 30 September 2007

Submitted by Company Reporting on Mon, 2008-02-18 14:53
Jersey Electricity Annual Report Year 2008

Property carried at cost revalued prior to reclassification
UK electricity provider Jersey Electricity recognises £0.44 million revaluation gain on owner-occupied property carried at cost but transferred to investment property.