2717 Defense

Finmeccanica SpA Period End 31 December 2010

Submitted by YWang on Wed, 2011-11-30 14:26
Finmeccanica SpA Annual Report 2010
CR Monitor Issue: 
2011/1114
Company covered: 
Finmeccanica SpA
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
Separate disclosures made for each current year acquisition.
Change
Disclosures of the allocation of goodwill to cash-generating units within one segment and the discount rate used by segment.
Change
Pension deficits and surpluses shown in the five-year history but still no disclosure of experience adjustments.

BAE Systems plc Period End 31 December 2010

Submitted by Company Reporting on Thu, 2011-09-01 09:52
BAE Systems plc Annual Report 2010
CR Monitor Issue: 
2011/0901
Company covered: 
BAE Systems plc
Period End: 
31 December 2010
Report issued on 01 September 2011 covered the following practice issues:
Change
Inflation index gain on move to Consumer Prices Index for pensions recognised in other comprehensive income.
Change
Former associate classed as discontinued operation with residual interest treated as financial asset.
Change
Business combination adjusted for resolution of dispute on receipt of payment from former owners.
Change
Deferred tax remeasured for fall in corporation tax rate.
Divergence
Fees for audit services relating to pension schemes disclosed following UK regulations, with belated comparative.