Clariant

Clariant Ltd Period End 31 December 2010

Clariant Ltd Annual Report 2010
CR Monitor Issue: 
2011/0506
Company covered: 
Clariant Ltd
Period End: 
31 December 2010
Report issued on 09 May 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Freight costs reallocated to cost of goods sold.
Change
Increases number of reportable segments following restructuring.
Change
Foreign exchange risk sensitivity analysis adjusted.

Clariant AG Period End 31 December 2008

Clariant Annual Report 2008

Inappropriate terminology used for goodwill impairments
Swiss chemicals company Clariant inappropriately describes CHF95 million goodwill impairments as "accumulated amortisation", whilst recognising CHF209 million total impairments, that reduce pre-tax profit by 70%.

Clariant Ltd Period End 31 December 2007

Clariant Annual Report Year 2008

Sensitivity analyses published for foreign exchange and interest rate risk
Swiss specialty chemicals company Clariant publishes sensitivity analyses for foreign exchange and interest rate risks and states that, as 91% of its debt is fixed rate, it has insignificant interest rate risk.