IAS 10 'Events after the balance sheet date'

Novartis AG Monitor

Novartis AG Annual Report 2013
CR Monitor Issue: 
2014/0606
Company covered: 
Novartis AG
Period End: 
31 December 2013
Report issued on 10 June 2014 covered the following practice issues:
Pronouncements
New pension rules reduce comparative profit by 2.8%.
Pronouncements
Employee pension contributions Amendment adopted early.
Change
Transactions with former chairman presented under related party disclosures.
Change
Expected gain on business disposal and restructuring charge disclosed under post balance sheet events.

Chemring Group plc Monitor

Chemring Group plc Annual Report 2013
CR Monitor Issue: 
2014/0516
Company covered: 
Chemring Group plc
Period End: 
31 October 2013
Report issued on 27 May 2014 covered the following practice issues:
Change
Changes in operating segments reflect revised operating and reporting structure.
Change
Conditional sale of business disclosed as post balance sheet event.
Restatement
Performance share plan remuneration included in directors' emoluments.
Pronouncements
Auditors' report includes commentary on risks of material misstatement, materiality and audit scope.

TNT Express N.V. Monitor

TNT Express N.V. Annual Report 2013
CR Monitor Issue: 
2014/0414
Company covered: 
TNT Express N.V.
Period End: 
31 December 2013
Report issued on 28 April 2014 covered the following practice issues:
Change
Reclassification of assets from assets held for sale leads to pre-tax continuing profit for year.
Pronouncements
End of corridor approach for pensions decreases equity, as income statement charge increases.
Pronouncements
Introduction of a table on offsetting financial assets and financial liabilities.
Change
Operations classed as discontinued to be reclassified as continuing.
Change
External auditors extend disclosures in audit report.

Land Securities Group plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0310
Period End: 
30 September 2013
Listing Status: 
FTSE 100, S&P Europe 350
ICB Industry Classification: 
8671 Industrial & Office REITs
Auditor: 
Ernst & Young
Pronouncements
Prospective implementation of revised fair value measurement principles.
Pronouncements
Pension interest calculated on a net basis prospectively.
Change
Reconciliation of income statement to segment information viewed by management published.
Change
Increase of interest in subsidiary disclosed.

Pan African Resources plc Monitor

Pan African Resources plc Annual Report 2012
CR Monitor Issue: 
2013/0107
Company covered: 
Pan African Resources plc
Period End: 
30 June 2012
Report issued on 15 January 2013 covered the following practice issues:
Change
Steps towards intended acquisition disclosed as events after the reporting period.
Divergence
Brief directors' remuneration report published, but main disclosures remain in note to the accounts.

Enterprise Inns plc Period End 30 September 2009

Enterprise Inns plc Annual Report 2009

Change in calculation of deferred tax treated in the same way as correction of an error
UK pub company Enterprise Inns revises its method of calculating deferred tax liabilities on revaluations of property and rolled over gains and treats the revision in the same way as correction of a material error.

3i Group plc Period End 31 March 2009

3i Group plc Annual Report 2009

Change in fair value measurement basis contributes 30% of loss

UK financial company 3i changes its method of measuring the fair value of recently acquired unquoted investments from cost less provisions to a market adjustment basis that leads to a £584 million reduction in value that contributes 30% of loss before tax.


Volatility associated with newly issued bonds mitigated by hedge arrangements

UK financial company 3i uses call spread overlays to reduce volatility associated with a £430 million issue of cash-settled bonds.

3i Group plc Period End 31 March 2009

3i Group plc Annual Report 2009

Change in fair value measurement basis contributes 30% of loss

UK financial company 3i changes its method of measuring the fair value of recently acquired unquoted investments from cost less provisions to a market adjustment basis that leads to a £584 million reduction in value that contributes 30% of loss before tax.


Volatility associated with newly issued bonds mitigated by hedge arrangements

UK financial company 3i uses call spread overlays to reduce volatility associated with a £430 million issue of cash-settled bonds.

Actividades de Construcción y Servicios SA Period End 31 December 2008

Actividades de Construcción y Servicios Annual Report 2008

Discontinued operations account for 60.6% of profit
Spanish civil engineering and utilities company Actividades de Construcción y Servicios (ACS) classifies its interest in an electricity utility as a discontinued operation, the €1.6 billion result of which accounts for 60.6% of its profit for year.