IAS 19 'Employee benefits'

Land Securities Group PLC Monitor

Land Securities Group PLC Annual Report 2014
CR Monitor Issue: 
2014/1103
Company covered: 
Land Securities Group PLC
Period End: 
31 March 2014
Report issued on 04 November 2014 covered the following practice issues:
Change
Revenue and capital items presented separately on face of income statement.
Pronouncements
Disclosure of fair value inputs and introduction of sensitivity analyses for investment properties.
Change
Reduction in segmental disclosure of capital transactions and balance sheet.
Change
Employee pension contributions under salary sacrifice scheme classed as company contributions.

Tate & Lyle PLC Monitor

Tate & Lyle PLC Annual Report 2014
CR Monitor Issue: 
2014/1102
Company covered: 
Tate & Lyle PLC
Period End: 
31 March 2014
Report issued on 04 November 2014 covered the following practice issues:
Change
Movements of net debt disaggregated into five categories.
Pronouncements
Retrospective adoption of pensions Standard decreases profit before tax and enhances disclosures.
Pronouncements
Offsetting table presented for financial instruments.
Pronouncements
Equity accounting for joint ventures expected to decrease profit before tax and increase net cash inflow for current period.

Stobart Group Limited Monitor

Stobart Group Limited Annual Report 2014
CR Monitor Issue: 
2014/1013
Company covered: 
Stobart Group Limited
Period End: 
28 February 2014
Report issued on 28 October 2014 covered the following practice issues:
Change
Movements in restricted cash presented beneath statement of cash flows.
Change
Business to be sold for mixture of cash and shares in acquiring business classed as discontinued operation.
Change
Impairments lead to loss for year.
Change
Strategic report introduced, as emissions disclosures go beyond Guernsey requirements.
Change
Materiality disclosed for components of overall audit.

Glencore Xstrata plc Monitor

Glencore Xstrata plc Annual Report 2013
CR Monitor Issue: 
2014/1012
Company covered: 
Glencore Xstrata plc
Period End: 
31 December 2013
Report issued on 28 October 2014 covered the following practice issues:
Divergence
Impairment leading to loss for year arising from business combination disclosed in note.
Pronouncements
New pension rules decrease comparative equity.
Pronouncements
Additional disclosures on financial instruments.
Pronouncements
Extended disclosures on consolidated structure, including non-controlling interests.
Change
Voluntary adoption of UK format of directors' remuneration report.
Change
External auditor extends format of report.

BP plc Monitor

BP plc Annual Report 2013
CR Monitor Issue: 
2014/1011
Company covered: 
BP plc
Period End: 
31 December 2013
Report issued on 21 October 2014 covered the following practice issues:
Change
Provision for oil spill analysed by type of claim and cumulative figures published.
Pronouncements
Several jointly controlled entities accounted for as joint arrangements under new rules.
Pronouncements
Revised rules on pension interest decrease profit before tax by 3.2%.
Change
Gain on disposal of operation contributes 42% of profit for year and impacts segmental structure.
Change
Format of directors' remuneration report adapts to new UK rules.

Halma plc Monitor

Halma plc Annual Report 2014
CR Monitor Issue: 
2014/1010
Company covered: 
Halma plc
Period End: 
29 March 2014
Report issued on 21 October 2014 covered the following practice issues:
Inconsistent
Assumptions used to determine value in use of cash generating units disclosed, highlighting prior year non-compliance.
Change
Curtailment gains on defined benefit pension plans contribute 2.8% of profit before tax.
Change
Charts used to indicate audit coverage in external auditor's report.
Pronouncements
Strategic report included in management commentary.
Change
Contingent purchase consideration reclassified from trade and other payable to provisions.

QinetiQ Group plc Monitor

QinetiQ Group plc  Annual Report 2014
CR Monitor Issue: 
2014/1007
Company covered: 
QinetiQ Group plc
Period End: 
31 March 2014
Report issued on 14 October 2014 covered the following practice issues:
Change
Decision to sell business leads to change in valuation method and impairment, but not to classification as held for sale.
Change
Impact of use of UK gilts based discount rate on triennial funding valuation indicated, without quantification.
Pronouncements
Strategic report replaces business review in management commentary.

GAM Holding AG Monitor

GAM Holding AG Annual Report 2013
CR Monitor Issue: 
2014/1001
Company covered: 
GAM Holding AG
Period End: 
31 December 2013
Report issued on 07 October 2014 covered the following practice issues:
Pronouncements
Change in scope of consolidation affects treatment of underlying investment gain.
Pronouncements
Introduction of disclosure on structured entities.
Pronouncements
Revised pension rules reduce comparative equity by 2.6%.
Change
Investment in associate written down in year of acquisition.
Change
Changes in operational model lead to reporting of all activities as a single segment.

Severn Trent Plc Monitor

Severn Trent Plc Annual Report 2014
CR Monitor Issue: 
2014/0916
Company covered: 
Severn Trent Plc
Period End: 
31 March 2014
Report issued on 30 September 2014 covered the following practice issues:
Pronouncements
Fair value of borrowings decreases by 3.4% in light of new rules.
Pronouncements
Fair value of derivative liabilities increases under new valuation rules.
Change
Post tax discount rate used in goodwill impairment test disclosed.
Pronouncements
Revised pension rules decrease profit before tax by 6.7%.
Change
Strategic report introduced under new UK regulations.

Electrocomponents plc Monitor

Electrocomponents plc Annual Report 2014
CR Monitor Issue: 
2014/0914
Company covered: 
Electrocomponents plc
Period End: 
31 March 2014
Report issued on 30 September 2014 covered the following practice issues:
Divergence
Disclosure on cash pooling offset arrangements does not agree to balance sheet.
Pronouncements
Mitigation of pension risks disclosed.