Cash flow statements

Standard Chartered plc

Submitted by Company Reporting on Tue, 2012-02-07 11:30
Standard Chartered plc Annual Report 2010
CR Monitor Issue: 
2012/0203
Company covered: 
Standard Chartered plc
Period End: 
31 December 2010
Report issued on 07 February 2012 covered the following practice issues:
Restatement
Prior year income restated in light of reclassification of financial instruments in 2008.
Divergence
No explanation of decision to treat cash flows from senior debt as financing activity.
Change
Forthcoming UK government levy on qualifying liabilities disclosed.
Change
Increased disaggregation in segmental disclosures.
Change
Dividend per share figures restated for bonus element in rights issue.

Persimmon plc Period End 31 December 2010

Submitted by Company Reporting on Wed, 2012-01-25 11:26
Persimmon plc Annual Report 2010
CR Monitor Issue: 
2012/0110
Company covered: 
Persimmon plc
Period End: 
31 December 2010
Report issued on 25 January 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Effect of change in pensions inflation measure disclosed but not recognised, in contrast to two other companies.
Change
Refinancing of debt leads to classification of some finance income and charges as exceptional.
Change
Increase in non-current loans granted as part of sales transactions presented separately from working capital in statement of cash flows.
Change
Nominal value of consideration no longer presented in revenue note.

Metro AG Period End 31 December 2010

Submitted by Company Reporting on Wed, 2012-01-18 13:58
Metro AG Annual Report 2010
CR Monitor Issue: 
2012/0107
Company covered: 
Metro AG
Period End: 
31 December 2010
Report issued on 18 January 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Some land leases reclassified from operating to finance leases.
Change
Weighted average cost of capital calculation more differentiated following establishment of new profit centre.
Inconsistent
No disclosure of current year effect as bills of exchange reclassified from financial to trade liabilities with consequent effect on net debt.
Change
Concept of net working capital brought into line with other companies in statement of cash flows.
Divergence
Leasehold improvements reclassified from land and buildings to other plant and equipment, but explanation lacks clarity.

Diploma plc 31 September 2011

Submitted by YWang on Mon, 2012-01-16 14:12
Diploma plc Annual Report 2011
CR Monitor Issue: 
2012/0105
Company covered: 
Diploma plc
Period End: 
30 September 2011
Report issued on 16 January 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Reduction in pension liabilities as a result of changing inflation assumption from RPI to CPI recognised as an actuarial gain.
Change
Changes made to KPIs including introduction of underlying organic revenue growth.
Change
Cash flows relating to acquisition of minority interests classified as financing activities.
Change
Risk disclosures expanded and now include capital management risk.

Unibail-Rodamco SA Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-12-21 16:59
Unibail-Rodamco SA Annual Report 2010
CR Monitor Issue: 
2011/1216
Company covered: 
Unibail-Rodamco SA
Period End: 
31 December 2010
Report issued on 21 December 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Divergence
Cash flows from change in debt of investment moved from operating to investment activities, without explanation.
Change
Deferred tax assets and liabilities within same fiscal group offset.
Change
Breakdown of maturity of current principal debt added to maturity disclosures.
Change
Revised presentation of nature and timescale of commitments and guarantees given.

Statoil ASA Period End 31 December 2010

Submitted by Company Reporting on Tue, 2011-12-20 12:00
Statoil ASA Annual Report 2010
CR Monitor Issue: 
2011/1213
Company covered: 
Statoil ASA
Period End: 
31 December 2010
Report issued on 20 December 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Assets held by captive insurance company excluded from table of financial assets held to manage liquidity risk.
Change
Unexplained reclassification within operating cash flows.
Change
Government reimbursements deducted from salaries in employee expense disclosures.

OMV AG Period End 31 December 2010

Submitted by Company Reporting on Fri, 2011-12-16 17:08
OMV AG Annual Report 2010
CR Monitor Issue: 
2011/1210
Company covered: 
OMV AG
Period End: 
31 December 2010
Report issued on 16 December 2011 covered the following practice issues:
Change
Gain on remeasurement of prior interest on combination, that increases pre-tax profit by 9.6%, included in net financial result.
Divergence
Belated disclosure of why 10% interest in associate gives significant influence
Change
Land leases reassessed as finance leases, but with little effect.
Change
Enhanced disaggregation of cash flows on acquisitions in note to cash flow statement.

Saipem SpA Period End 31 December 2010

Submitted by YWang on Tue, 2011-11-29 10:41
Saipem SpA Annual Report 2010
CR Monitor Issue: 
2011/1112
Company covered: 
Saipem SpA
Period End: 
31 December 2010
Report issued on 29 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Several changes made to cash flow statement.
Change
Post balance sheet organisational changes.

Atlas Copco AB Period End 31 December 2010

Submitted by YWang on Wed, 2011-11-16 16:30
Atlas Copco AB Annual Report 2010
CR Monitor Issue: 
2011/1107
Company covered: 
Atlas Copco AB
Period End: 
31 December 2010
Report issued on 16 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Impairment disclosed separately in segmental information.
Change
Cash flows from purchase and sale of rental equipment reclassified from investing to operating, with the description of revenue recognition policy changed to include sale of rental equipment.
Change
Financial information about associates changed to show 100% rather than the company's share.
Change
Changes in reconciliation of movements in pension assets result in benefits paid no longer being equivalent to benefit paid in the reconciliation of movements in liabilities.
Change
Service contract no longer shown as a separate class of provisions.
Change
Separate disclosure of auditor's fees relating to tax services.

CRH plc Period End 31 December 2010

Submitted by Company Reporting on Thu, 2011-11-10 17:02
CRH plc Annual Report 2010
CR Monitor Issue: 
2011/1106
Company covered: 
CRH plc
Period End: 
31 December 2010
Report issued on 11 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Gain on revaluation of prior interest following acquisition included in profit on disposals.
Change
Movement in liquid investments moved from financing to operating activities.
Change
New detail on amounts attributable to proportionately consolidated joint ventures included in financial disclosures.