IAS 31 'Financial reporting of interests in joint ventures'

Alfa Laval AB Period End 31 December 2010

Submitted by YWang on Thu, 2011-09-29 10:39
Alfa Laval AB Annual Report 2010
CR Monitor Issue: 
2011/0912
Company covered: 
Alfa Laval AB
Period End: 
31 December 2010
Report issued on 29 September 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Improvement in disclosure of intangible assets other than goodwill by class.
Change
Quantitative disclosures about financial covenants and outcomes provided.
Change
More detailed disaggregation of auditors' fees.
Change
Summarised financial information of joint ventures disclosed.

Swedish Match AB Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-06-29 10:26
Swedish Match AB Annual Report 2010
CR Monitor Issue: 
2011/0616
Company covered: 
Swedish Match AB
Period End: 
31 December 2010
Report issued on 29 June 2011 covered the following practice issues:
Divergence
Unrecognised portion of gain on contribution of businesses in exchange for interest in associate is described as deferred rather than eliminated.
Change
Company adopts Global Reporting Initiative guidelines as structure of sustainability reporting.
Change
Gain arises as transfer of pension commitments to insurer leads to their being accounted for as defined contribution schemes.
Change
Segmentation changed following contribution of businesses to new associate.
Restatement
Unexplained restatement of comparative directors' remuneration.

National Grid plc Period End 31 March 2010

Submitted by YWang on Wed, 2010-09-08 13:14
National Grid plc Annual Report 2010
Separate hierarchy disclosures for commodity contracts and other derivatives
UK utility company National Grid separates new fair value hierarchy disclosures for commodity contracts accounted for as derivatives from those for other derivatives as a result of their separate balance sheet classifications.