Prejudicial override

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.

London Stock Exchange Group plc Period End 31 March 2009

Submitted by Company Reporting on Wed, 2009-07-22 23:00

Reclassification of a bond as a fixed rate instrument prompts prior year adjustment

London Stock Exchange changes to account for a bond as a fixed rather than a floating rate instrument and restates its prior year comparatives whereby pre-tax profit reduces by £7.7 million.

£484 million goodwill impairments lead to a loss for the year

London Stock Exchange recognises £484 million impairments against goodwill, mostly relating to a prior year acquisition, leading to a loss for the year.

TNT NV Period End 31 December 2006

Submitted by Company Reporting on Thu, 2007-04-19 23:00

Prejudicial override invoked
Dutch postal company, TNT invokes the prejudicial override to limit disclosure of information regarding a provision for claims and indemnities.