Deferred tax

Hargreaves Lansdown plc Period End 30 June 2011

Submitted by YWang on Thu, 2012-01-19 15:33
Hargreaves Lansdown plc Annual Report 2011
CR Monitor Issue: 
2012/0108
Company covered: 
Hargreaves Lansdown plc
Period End: 
30 June 2011
Report issued on 19 January 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Cash and cash equivalents no longer included in fair value hierarchy disclosure.
Change
Separate disclosure of £3 million FSCS levy.
Change
Impact of change in tax rate disclosed.

Scottish and Southern Energy plc Period End 31 March 2011

Submitted by YWang on Wed, 2012-01-11 11:18
Scottish and Southern Energy plc Annual Report 2011
CR Monitor Issue: 
2012/0102
Company covered: 
Scottish and Southern Energy plc
Period End: 
31 March 2011
Report issued on 11 January 2011 covered the following practice issues:
Inconsistent
Correction of prior year non-compliances results in reclassification of 5.4% assets.
Change
Adoption of IFRIC 18 leads to accelerated recognition of revenue.
Change
Disclosure of the impact of changes in tax rates.
Change
Significant impairments classified as exceptional items.
Change
Adjusted earnings per share no longer presented on the face of income statement.

Debenhams plc Period End 3 September 2011

Submitted by YWang on Fri, 2012-01-06 15:34
Debenhams plc Annual Report 2011
CR Monitor Issue: 
2012/0101
Company covered: 
Debenhams plc
Period End: 
3 September 2011
Report issued on 6 January 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Revised assumptions in goodwill impairment test but still no sensitivity analysis provided.
Change
Disclosure of the effects of changes in tax rates.
Change
Disclosure of "change in severity and/or likelihood of risk during the course of 2011".

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.

Cable & Wireless Worldwide plc Period End 31 March 2011

Submitted by YWang on Fri, 2011-11-18 14:04
Cable & Wireless Worldwide plc Annual Report 2011
CR Monitor Issue: 
2011/1108
Company covered: 
Cable & Wireless Worldwide plc
Period End: 
31 March 2011
Report issued on 18 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Divergence
Main pension scheme continues to use RPI but potential impact of switching to CPI not disclosed.
Change
Policy for attributing total comprehensive income to owners of the parent and non-controlling interests changed.
Change
Pre-tax eps together with adjusted measures provided.
Change
Current and potential impacts of changes in tax rate disclosed.

The Capita Group Plc Period End 31 December 2010

Submitted by YWang on Wed, 2011-11-02 11:09
The Capita Group Plc Annual Report 2010
CR Monitor Issue: 
2011/1101
Company covered: 
The Capita Group Plc
Period End: 
31 December 2010
Report issued on 02 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Impact of change in tax rate disclosed.
Change
Only fair values of assets and liabilities acquired through business combinations disclosed following adoption of revised IFRS 3.
Change
Several new risks added to risk disclosures with disclosure of the potential impacts.
Restatement
Restatement of prior year comparative receivables and payables without explanation.

ARM Holdings plc Period End 31 December 2010

Submitted by Company Reporting on Mon, 2011-10-31 14:43
ARM Holdings plc Annual Report 2010
CR Monitor Issue: 
2011/1015
Company covered: 
ARM Holdings plc
Period End: 
31 December 2010
Report issued on 31 October 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Normalised profit disclosed by segment and additional geographical information.
Change
Improved disclosure of timing of revenue recognition.
Change
Limited information on effects of changes to UK corporation tax and capital allowance rates.
Restatement
Change in classification of short-term investments from available for sale to loans and receivables.
Restatement
Operating cash flows calculated from profit before tax rather than profit from operations.

Cobham plc Period End 31 December 2010

Submitted by YWang on Mon, 2011-10-24 08:59
Cobham plc Annual Report 2010
CR Monitor Issue: 
2011/1009
Company covered: 
Cobham plc
Period End: 
31 December 2010
Report issued on 24 October 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Rates of increase in pensions disclosed.
Change
Provisions on business disposals presented as a separate class.
Change
Impact of reduction in tax rate not disclosed with the company telling us that it is immaterial.
Change
Prejudicial override invoked not to provide further information on one contractual breach.
Change
Disclosure of two acquisitions after the year end but impracticable to give detailed information.
Change
Revenue recognition policy expanded.

Pearson plc Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-10-19 11:59
Pearson plc Annual Report 2010
CR Monitor Issue: 
2011/1007
Company covered: 
Pearson plc
Period End: 
31 December 2010
Report issued on 19 October 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Actuarial gain recognised in other comprehensive income following change in pensions inflation index.
Change
Non-controlling interest measured initially at proportionate share of net assets.
Change
Business classified as discontinued operations with consequent change in segmentation.
Divergence
Trade creditors included in maturity analysis of cash flows associated with financial liabilities, following IFRS.
Change
Information on reduction in UK tax rate disclosed.
Change
Transaction with non-controlling interest included in financing activities.

Logica plc Period End 31 December 2010

Submitted by YWang on Fri, 2011-10-07 15:56
Logica plc Annual Report 2010
CR Monitor Issue: 
2011/1003
Company covered: 
Logica plc
Period End: 
31 December 2010
Report issued on 07 October 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Changes in internal management reporting prompt revision of reportable segments.
Inconsistent
Goodwill disclosure still not following IFRS.
Change
Impact of change in UK corporation tax rate disclosed.
Change
Changes in key performance indicators to improve disclosures.
Change
Additional information given in directors' remuneration report including the principles applied.