2791 Business Support Services

Experian plc

Submitted by YWang on Wed, 2012-02-08 14:12
Experian plc Annual Report 2011
CR Monitor Issue: 
2012/0205
Company covered: 
Experian plc
Period End: 
31 March 2011
Report issued on 8 February 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Changing to use CPI rather than RPI as inflation measure gives rise to gains in both income statement and other comprehensive income.
Change
Changes made to income statement whereby costs are now classified by nature rather than by function.
Change
Revised classification of net finance costs between income and expense items.
Divergence
Analysis of other comprehensive income by item removed from statement of changes in equity but no concentration of such disclosures in a note.
Change
An associate disposed of classified as discontinued operation.
Change
Disclosure of fair values of assets and liabilities arising from current year acquisitions follows minimum requirement under revised IFRS 3.

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.

Rentokil Initial plc Period End 31 December 2010

Submitted by Company Reporting on Wed, 2011-12-21 13:46
Rentokil Initial plc Annual Report 2010
CR Monitor Issue: 
2011/1215
Company covered: 
Rentokil Initial plc
Period End: 
31 December 2010
Report issued on 21 December 2011 covered the following practice issues:
Change
Significant goodwill impairments on prior year acquisitions attributed to dampened cash flow forecasts.
Change
Change of pension inflation measure leads to income statement gain.
Change
"One-off items" disclosed on line of income statement and excluded from adjusted earnings per share.
Change
Brands disaggregated as separate class of intangible asset in table.

The Capita Group Plc Period End 31 December 2010

Submitted by YWang on Wed, 2011-11-02 11:09
The Capita Group Plc Annual Report 2010
CR Monitor Issue: 
2011/1101
Company covered: 
The Capita Group Plc
Period End: 
31 December 2010
Report issued on 02 November 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Impact of change in tax rate disclosed.
Change
Only fair values of assets and liabilities acquired through business combinations disclosed following adoption of revised IFRS 3.
Change
Several new risks added to risk disclosures with disclosure of the potential impacts.
Restatement
Restatement of prior year comparative receivables and payables without explanation.

Bunzl plc Period End 31 December 2010

Submitted by YWang on Fri, 2011-08-26 14:16
Bunzl plc Annual Report 2010
CR Monitor Issue: 
2011/0817
Company covered: 
Bunzl plc
Period End: 
31 December 2010
Report issued on 26 August 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Accounting policy for goodwill changed following adoption of an IFRS.
Restatement
Prior year analysis of deferred tax across temporary differences restated without explanation.
Change
Cash-settled share options converted to equity-settled options.

SGS SA Period End 31 December 2010

Submitted by Alisdair on Mon, 2011-04-11 07:14
SGS SA Annual Report 2010
Perfunctory disclosures on components of new goodwill
Swiss measurement services provider SGS echoes the language of IFRS 3 “Business combinations” and makes only perfunctory disclosures on CHF149 million goodwill arising on an acquisition, though this represents 10.2% of closing equity.

Eaga plc Period End 31 May 2010

Submitted by Company Reporting on Fri, 2010-10-01 10:50
Eaga plc Annual Report 2010
New director receives free shares without prior approval of shareholders
UK energy efficiency company Eaga grants 0.25 million free shares to new director as a recruitment award without shareholders’ prior approval.

Connaught plc Period End 31 August 2009

Submitted by Company Reporting on Fri, 2009-12-11 00:00
Connaught plc Annual Report 2009

Fine treated as an adjusting post balance sheet event reduces profit by 17%
UK equipment maintenance company Connaught treats as an adjusting event a £5.6 million post balance sheet fine imposed by the Office of Fair Trading that reduces its pre-tax profit by 17%.