Austria

OMV AG Period End 31 December 2010

Submitted by Company Reporting on Fri, 2011-12-16 17:08
OMV AG Annual Report 2010
CR Monitor Issue: 
2011/1210
Company covered: 
OMV AG
Period End: 
31 December 2010
Report issued on 16 December 2011 covered the following practice issues:
Change
Gain on remeasurement of prior interest on combination, that increases pre-tax profit by 9.6%, included in net financial result.
Divergence
Belated disclosure of why 10% interest in associate gives significant influence
Change
Land leases reassessed as finance leases, but with little effect.
Change
Enhanced disaggregation of cash flows on acquisitions in note to cash flow statement.

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.

Erste Group Bank AG Period End 31 December 2010

Submitted by YWang on Thu, 2011-10-06 15:36
Erste Group Bank AG Annual Report 2010
CR Monitor Issue: 
2011/1002
Company covered: 
Erste Group Bank AG
Period End: 
31 December 2010
Report issued on 06 October 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Derivative financial instruments presented separately on the face of balance sheet.
Change
Movements in each component of equity now disclosed in the statement of changes in equity.
Change
Compensations to the Management and Supervisory boards no longer disaggregated across individual members.
Change
Tax expense analysed into current and prior periods.
Change
Increase in disclosure of testing goodwill for impairment.
Change
Credit exposure by industry analysed further in line with the balance sheet.

Voestalpine AG Period End 31 March 2009

Submitted by Company Reporting on Tue, 2009-07-28 23:00
Voestalpine AG Annual Report 2009

Significance of long-term growth assumptions for goodwill disclosed

Austrian steel company Voestalpine discloses that a decrease from 1% to zero in its assumed long-term growth rate would lead to €49.1 million goodwill impairment.