Deloitte

Anglo American plc Monitor

Anglo American plc  Annual Report 2018
CR Monitor Issue: 
2019/0624
Company covered: 
Anglo American plc
Period End: 
31 December, 2018
Report issued on 28 June 2019 covered the following practice issues:
Restatement
Segmental information restated due to changes in the segmental structure.
Pronouncements
IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments adopted from 1 January 2018.
Pronouncements
Extended disclosures, including quantification of the expected impact of IFRS 16 Leases.
Change
Additional disclosures in the subsequent events note relating to the termination of a contract.
Change
New section in the auditors’ report on the ‘extent to which the audit was considered capable of detecting irregularities, including fraud’.
Change
Loss on curtailment recognised in the income statement due to a transfer of liabilities in a defined benefit pension plan.

Informa Plc Monitor

Informa Plc Annual Report 2018
CR Monitor Issue: 
2019/0622
Company covered: 
Informa Plc
Period End: 
31 December, 2018
Report issued on 26 June 2019 covered the following practice issues:
Restatement
The segmental information has been restated on the adoption of IFRS 15 Revenue from Contracts with Customers and the presentation of reportable segments has been changed.
Pronouncements
Adoption of IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers with effect from 1 January 2018.
Pronouncements
Disclosures included in respect of the future impact of IFRS 16 Leases effective for accounting periods starting on or after 1 January 2019.
Change
Critical accounting judgements and key sources of estimation uncertainty disclosures are extended to include additional information.
Change
Disclosure on new key audit matters included within the auditors’ report with an additional section relating to irregularities and fraud.
Change
Assets and liabilities held for sale are disclosed separately within the statement of financial position.

Just Eat plc Monitor

Just Eat Plc Annual Report 2018
CR Monitor Issue: 
2019/0610
Company covered: 
Just Eat plc
Period End: 
31 December 2018
Report issued on 10 June 2019 covered the following practice issues:
Restatement
Changes in the income statement presentation of the share of results of associates results in a restatement of comparative figures.
Restatement
The segmental reporting structure has been revised.
Pronouncements
Adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments from 1 January 2018.
Pronouncements
Disclosure on the expected future impact of IFRIC 23 Uncertainty over Income Tax Treatments and IFRS 16 Leases.
Change
Change in cash-generating units results in the reallocation of goodwill.
Change
Detailed discussion on two new businesses acquired.

CLS Holdings plc Monitor

CLS Holdings plc Annual Report 2018
CR Monitor Issue: 
2019/0518
Company covered: 
CLS Holdings plc
Period End: 
31 December, 2018
Report issued on 28 May 2019 covered the following practice issues:
Restatement
Separate disclosure in respect of discontinued operations including the restatement of comparative figures.
Restatement
Reclassification of income tax from operating to investing activities within the statement of cash flows.
Pronouncements
IFRS 9 Financial Instruments adoption from 1 January 2018 results in a reclassification within equity.
Change
Extended information is disclosed in respect of the valuation of investment properties.
Change
The strategic report includes extended principal risk information.

William Hill Plc Monitor

William Hill Plc Annual Report 2019
CR Monitor Issue: 
2019/0516
Company covered: 
William Hill Plc
Period End: 
1 January, 2019
Report issued on 27 May 2019 covered the following practice issues:
Restatement
Service provider revenue which was previously recognised as other operating income is now classified as revenue.
Pronouncements
Disclosure of expected future impact of IFRS 16 Leases.
Change
Inclusion of a reconciliation presenting the movement in liabilities arising from financing activities.
Change
Significant impairment charge recognised during the year.
Change
Disclosure on the recent High Court ruling on equal guaranteed minimum pensions and recognition of a past service cost.
Change
Inclusion of a new key audit matter in the Auditors’ Report.

National Express Group plc Monitor

National Express Group plc Annual Report 2018
CR Monitor Issue: 
2019/0520
Company covered: 
National Express Group plc
Report issued on 28 May 2019 covered the following practice issues:
Pronouncements
Adoption of IFRS 9 Financial instruments from 1 January 2018.
Pronouncements
Adoption of and IFRS 15 Revenue from contracts with customers from 1 January 2018.
Pronouncements
Disclosure in respect of the expected impacts of IFRS 16 Leases.
Change
Disclosure in relation to assets classified as held for sale.
Change
Disclosure of geographical information under segment reporting.
Change
Disclosure of new risk of alternative fuel vehicles.

Sanne Group Plc Monitor

Sanne Group Plc Annual Report 2018
CR Monitor Issue: 
2019/0509
Company covered: 
Sanne Group Plc
Period End: 
31 December, 2018
Report issued on 13 May 2019 covered the following practice issues:
Restatement
Prior year figures restated to correct accounting errors made in respect of goodwill arising on acquisitions.
Restatement
Change to the presentation of the alternative performance measure of diluted underlying earnings per share.
Pronouncements
Adopted IFRS 15 Revenue from Contracts with Customers (IFRS 15) and IFRS 9 Financial Instruments (IFRS 9), from 1 January 2018.
Change
Disclosure on new key audit matters included in the auditors’ report.
Change
Critical accounting judgements and key sources of estimation uncertainty disclosures are extended to include additional information.
Change
Disclosures provided for post balance sheet events.

Provident Financial plc Monitor

Provident Financial plc Annual Report 2018
CR Monitor Issue: 
2019/0508
Company covered: 
Provident Financial plc
Period End: 
31 December, 2018
Report issued on 13 May 2019 covered the following practice issues:
Restatement
Comparative year basic and diluted loss per share figures are restated to reflect the bonus element of a rights issue.
Pronouncements
IFRS 9 Financial instruments is adopted.
Pronouncements
An accounting policy discussion of IFRS 16 Leases includes quantification as to the expected impact of adoption.
Change
A discussion of Brexit is included in the financial and capital risk management note to the accounts.

The Renewables Infrastructure Group Limited Monitor

The Renewables Infrastructure Group Limited Annual Report 2018
CR Monitor Issue: 
2019/0507
Company covered: 
The Renewables Infrastructure Group Limited
Period End: 
31 December, 2018
Report issued on 10 May 2019 covered the following practice issues:
Pronouncements
IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers have been adopted from 1 January 2018.
Change
Audit report enhanced by inclusion of a diagram illustrating the application of materiality.
Change
A new area of judgement is identified this year.
Change
Additional disclosure within sensitivity analysis of financial instruments.

Elementis plc Monitor

Elementis plc Annual Report 2018
CR Monitor Issue: 
2019/0425
Company covered: 
Elementis plc
Period End: 
31 December, 2018
Report issued on 29 April 2019 covered the following practice issues:
Restatement
A change in reporting segments results in the restatement of comparative period figures.
Restatement
Comparative Earnings per share (EPS) is restated following a shares rights issue.
Pronouncements
IFRS 9 Financial Instruments is adopted from 1 January 2018 on a retrospective basis.
Pronouncements
A new revenue recognition policy is implemented following the adoption of IFRS 15 Revenue from Contracts with Customers.
Pronouncements
The expected impact of adopting IFRS 16 Leases is disclosed.
Change
The disposal of a business previously classified as a discontinued operation is completed.