IFRS 8 'Operating segments'

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.

Serco Group plc Period End 31 December 2010

Submitted by Company Reporting on Tue, 2012-01-31 11:02
Serco Group plc Annual Report 2010
CR Monitor Issue: 
2012/0114
Company covered: 
Serco Group plc
Period End: 
31 December 2010
Report issued on 31 January 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
New segmental structure applied, as capital expenditure by segment excludes finance leases.
Change
Adjusted operating profit added to face of income statement.
Restatement
Employee costs restated without explanation.

Dassault Systèmes SA Period End 31 December 2010

Submitted by Company Reporting on Mon, 2011-12-19 14:53
Dassault Systèmes SA Annual Report 2010
CR Monitor Issue: 
2011/1211
Company covered: 
Dassault Systèmes SA
Period End: 
31 December 2010
Report issued on 19 December 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Value-added component of new French business tax treated as income tax.
Change
Total assets and liabilities no longer reported by reportable segment, though segment assets still reported geographically.
Change
New environmental disclosures on waste treatment and greenhouse gas emissions.

SAP AG Period End 31 December 2010

Submitted by Company Reporting on Thu, 2011-12-15 14:53
SAP AG Annual Report 2010
CR Monitor Issue: 
2011/1206
Company covered: 
SAP AG
Period End: 
31 December 2010
Report issued on 15 December 2011 covered the following practice issues:
Change
New disclosure on ongoing legal cases as significant litigation-related provision impacts profit.
Change
Information given on goodwill and acquired intangible assets on business combination.
Change
Changes to segmental disclosure as use of US GAAP discontinued.

Tele 2 AB Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-12-14 11:06
Tele 2 AB Annual Report 2010
CR Monitor Issue: 
2011/1203
Company covered: 
Tele 2 AB
Period End: 
31 December 2010
Report issued on 14 December 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Revenue recognition policies change for multiple deliveries and 'enhanced fees'.
Change
Revised IFRS 3 "Business combinations" impacts on accounting for non-controlling interests.
Change
Greater detail provided on financial instruments.
Change
Increased disclosure of calls between fixed and mobile networks in segmental disclosures.

Standard Life plc Period End 31 December 2010

Submitted by Company Reporting on Tue, 2011-12-13 17:02
Standard Life plc Annual Report 2010
CR Monitor Issue: 
2011/1202
Company covered: 
Standard Life plc
Period End: 
31 December 2010
Report issued on 14 December 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Move from 'underlying profit' to 'operating profit' as non-GAAP measure of performance.
Restatement
Business classified as discontinued operation with income statement restated.
Change
Former reportable segments combined.
Change
Debt and equity investments disclosed separately on face of balance sheet.

Telekom Austria AG Period End 31 December 2010

Submitted by Company Reporting on Tue, 2011-11-29 16:30
Telekom Austria AG Annual Report 2010
CR Monitor Issue: 
2011/1113
Company covered: 
Telekom Austria AG
Period End: 
31 December 2010
Report issued on 30 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Segmentation changes to geographical basis following increasing demand for convergent products.
Change
Gain recognised on remeasuring former interest in company acquired in the year.
Restatement
Some comparative revenue from sale of merchandise reclassified as service revenue.
Restatement
Comparative revenue of associates restated significantly without explanation.

UBM plc Period End 31 December 2010

Submitted by Company Reporting on Fri, 2011-11-25 14:00
UBM plc Annual Report 2010
CR Monitor Issue: 
2011/1111
Company covered: 
UBM plc
Period End: 
31 December 2010
Report issued on 25 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Former operating segment split into two as geographical divisions evolve.
Change
Irrelevant disclosure removed from other reserves note.
Restatement
Directors' remuneration report restated for medical cover and cash payment in lieu of pension.
Change
More detail given on factors giving rise to goodwill on acquisitions.
Restatement
Financial liabilities restated from current to non-current without explanation.

L'Oréal SA Period End 31 December 2010

Submitted by Company Reporting on Thu, 2011-11-24 13:47
L'Oréal SA Annual Report 2010
CR Monitor Issue: 
2011/1110
Company covered: 
L'Oréal SA
Period End: 
31 December 2010
Report issued on 24 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
New provision recognised for potential fines, with increased disaggregation in note.
Change
New risk disclosures made for natural disasters, external growth and human resource management.
Restatement
Disclosures for former periods reclassified as segmentation changes.
Change
Increase in impairment test disclosures and reallocation of cash-generating unit goodwill and intangibles with indefinite useful lives.

Elan Corporation plc Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-11-23 11:39
Elan Corporation plc Annual Report 2010
CR Monitor Issue: 
2011/1109
Company covered: 
Elan Corporation plc
Period End: 
31 December 2010
Report issued on 23 November 2011 covered the following practice issues:
Change
Provision recognised for investigation that was an unquantified contingency in previous period.
Inconsistent
No separate line for share of result of associate on income statement.
Change
Change in segmental disclosure of impairments.
Restatement
Exposure to credit risk restated.