Deloitte

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2017-18
CR Monitor Issue: 
2018/0913
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2018
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion on a new key audit matter included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Change
Change in inflation index assumption results in a reduction in pension obligations.
Change
Introduction of a separate section discussing alternative performance measures.
Change
Extended disclosure of principal risks.

Ultra Electronics Holdings plc Monitor

Ultra Electronics Holdings plc Annual Report 2017
CR Monitor Issue: 
2018/0912
Company covered: 
Ultra Electronics Holdings plc
Period End: 
31 December, 2017
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Pronouncements
Disclosure of reconciliation of liabilities arising from financing activities.
Pronouncements
Quantified disclosure in respect of the impacts of IFRS 15 "Revenues from contracts with customers".

GKN plc Monitor

GKN plc Annual Report 2017
CR Monitor Issue: 
2018/0911
Company covered: 
GKN plc
Period End: 
31 December, 2017
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Change in reporting segments linked to business disposal.
Change
Extended disclosure of Non-IFRS performance measures.
Change
Disclosure of the impacts of changes in US tax laws.

Elementis plc Monitor

Elementis plc Annual Report 2017
CR Monitor Issue: 
2018/0910
Company covered: 
Elementis plc
Period End: 
31 December, 2017
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included within audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Change
Detailed disclosure in respect of the valuation of intangible assets recognised as part of business combination.
Change
Profit from discontinued operations highlighted separately on the face of the income statement.
Change
Segmental reporting change linked to the agreed sale of operations.
Change
Change in calculation of adjusted operating profit to exclude amortisation of intangible assets arising on acquisition.

FirstGroup plc Monitor

First Group plc Annual Report 2018
CR Monitor Issue: 
2018/0905
Company covered: 
FirstGroup plc
Period End: 
31 March, 2018
Report issued on 10 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Pronouncements
Disclosure of reconciliation of movements in liabilities arising from financing activities.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Recognition of goodwill impairment based on difficult US trading conditions.
Change
Disclosure of a net asset breakdown in respect of business combination.
Change
Provision for onerous contract recognised in respect of rail franchise.

National Express Group plc monitor

National Express Annual Report 2017
CR Monitor Issue: 
2018/0909
Company covered: 
National Express Monitor
Period End: 
31 December, 2017
Report issued on 10 September 2018 covered the following practice issues:
Pronouncements
Tabular presentation added in respect of the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Presentational changes in the income statement and statement of cash flows.
Restatement
Prior year adjustments in respect of trade and other payables and property plant and equipment.
Change
Change in segmental reporting structure.
Change
Disclosure made in respect of impact of change in tax rates.
Change
Separate sections included in audit report in respect of director and auditor responsibilities.

Bodycote plc Monitor

Bodycote plc Annual Report 2017
CR Monitor Issue: 
2018/0821
Company covered: 
Bodycote plc
Period End: 
31 December, 2017
Report issued on 31 August 2018 covered the following practice issues:
Change
Expanded disclosure of principal risks in strategic report.
Change
Disclosure of key audit matters included in auditors' report including discussion of manual adjustments to revenue.
Change
Separate sections included in auditors' report outlining director and auditor responsibilities.
Change
Separate note to the accounts added detailing use of non-IFRS performance measures.

Drax Group plc Monitor

Drax Group plc Annual Report 2017
CR Monitor Issue: 
2018/0811
Company covered: 
Drax Group plc
Period End: 
31 December, 2017
Report issued on 20 August 2018 covered the following practice issues:
Pronouncements
Extended disclosure in relation to the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Discussion of key audit matters included in auditor's report.
Change
Disclosure of a qualitative description of the factors that make up business acquisition goodwill.
Change
Expansion of detail in the income statement linked to inclusion of additional line items.
Change
Detailed disclosure of new share-based payment plans.
Change
Enhanced segmental reporting including disclosure of capital expenditure by segment.

Investor AB Monitor

Investor AB Annual Report 2017
CR Monitor Issue: 
2018/0814
Company covered: 
Investor AB
Period End: 
31 December, 2017
Report issued on 21 August 2018 covered the following practice issues:
Change
Finalisation of prior year business combination amounts results in a change to goodwill.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities in line with IAS 7 "Statement of cash flow"
Pronouncements
Extended disclosure of the future impacts of new standards including IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Disclosure of post balance sheet business acquisition including quantification.

Whitbread plc Monitor

Whitbread plc Annual Report 2017-18
CR Monitor Issue: 
2018/0810
Company covered: 
Whitbread plc
Period End: 
1 March, 2018
Report issued on 14 August 2018 covered the following practice issues:
Change
Discussion on key audit matters included in auditors report.
Change
Disclosure in separate audit report sections of director and auditor responsibilities.
Change
Change in analysis of cash flows from operating activities.
Change
Acquisition costs linked to business combination recognised in the income statement as a non-underlying item.
Change
Extended disclosure of key performance indicators in the strategic report.