Earnings per share

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.

The British Land Company plc Period End 31 March 2011

Submitted by YWang on Wed, 2012-02-01 09:39
The British Land Company plc Annual Report 2010
CR Monitor Issue: 
2012/0201
Company covered: 
The British Land Company plc
Period End: 
31 March 2011
Report issued on 01 February 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
EPRA earnings per share revised.
Change
Disclosure of share of cash flows from joint ventures and funds.

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.

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.

L’Air Liquide SA Period End 31 December 2010

Submitted by YWang on Fri, 2011-09-16 13:52
L’Air Liquide SA Annual Report 2010
CR Monitor Issue: 
2011/0907
Company covered: 
L’Air Liquide SA
Period End: 
31 December 2010
Report issued on 16 September 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Fair value disclosure no longer covers all financial assets and liabilities but only non-current borrowings.
Change
Fair value hierarchy disclosure now includes net rather than gross position on derivatives.
Change
Silent correction of a prior year error in presentation of available-for-sale financial assets within fair value hierarchy disclosure.
Change
Cash flows from purchase of non-controlling interests classified as financing activities.
Restatement
Bonus share issue prompts restatement of prior year earnings per share.
Change
Total amount of provisions on litigations disclosed.

EFG Eurobank Ergasias SA Period End 31 December 2010

Submitted by YWang on Wed, 2011-08-31 13:51
EFG Eurobank Ergasias Annual Report Year
CR Monitor Issue: 
2011/0818
Company covered: 
EFG Eurobank Ergasias
Period End: 
31 December 2010
Report issued on 31 August 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Additional adjusted eps measure provided which only impacts comparatives.
Change
Control over an investment company obtained without the transfer of consideration.

Drax Group plc Period End 31 December 2010

Submitted by YWang on Wed, 2011-08-24 09:16
Drax Group plc Annual Report 2010
CR Monitor Issue: 
2011/0814
Company covered: 
Drax Group plc
Period End: 
31 December 2010
Report issued on 24 August 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Separate income statement line introduced for various expenses incurred by retail business.
Change
Renewables Obligation Certificates previously included in inventories now presented in a separate balance sheet line as intangible assets held for sale.
Change
Biomass disclosed separately in inventories following an increase in use.
Change
Introduction of an underlying earnings per share measure which adjusts profit by movements on derivatives.
Change
Disclosure of movements in the allowance account for impairments against receivables whilst changing from carrying amount to gross value in a maturity analysis of financial liabilities.
Change
Change from fair value less costs to sell to value in use when determining the recovery amount of a cash-generating unit containing goodwill.

William Hill plc Period End 28 December 2010

Submitted by YWang on Thu, 2011-07-28 09:36
William Hill plc Annual Report 2010
CR Monitor Issue: 
2011/0714
Company covered: 
William Hill plc
Period End: 
28 December 2010
Report issued on 28 July 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Divergence
Imprudent treatment to recognise income on a VAT refund.
Change
Additional adjusted earnings per share measure provided.
Change
Hedge accounting discontinued following settlement of the related loan facility.
Change
Fair value measurements classified using a three-level hierarchy.
Change
Change in definition of amounts wagered.

Hikma Pharmaceuticals plc Period End 31 December 2010

Submitted by YWang on Mon, 2011-06-27 12:29
Hikma Pharmaceuticals plc Annual Report 2010
CR Monitor Issue: 
2011/0615
Company covered: 
Hikma Pharmaceuticals plc
Period End: 
31 December 2010
Report issued on 27 June 2011 covered the following practice issues:
Inconsistent
Non-controlling interests that have waived voting rights not recognised.
Change
Acquisition-related costs and gains on revaluation of previously held interest in companies acquired classified as exceptional.
Change
New adjusted earnings per share measure provided.
Change
Depreciation rates on machinery disclosed.
Change
Simplified disclosure for share-based payment transactions.
Change
A previously disclosed dispute resolved to the relevant parties' "mutual satisfaction" but no financial effect indicated.