PricewaterhouseCoopers

E.ON SE Monitor

E.ON SE Annual Report 2017
CR Monitor Issue: 
2018/0518
Company covered: 
E.ON SE
Period End: 
31 December, 2017
Report issued on 22 May 2018 covered the following practice issues:
Change
Extended disclosure of key audit matters included in audit report.
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 "Statement of cash flows".
Pronouncements
Extended disclosure in respect of new standards issued but not yet applicable including impact quantification.

Deutsche Telekom AG Monitor

Deutsche Telekom AG Annual Report 2017
CR Monitor Issue: 
2018/0520
Company covered: 
Deutsche Telekom AG
Period End: 
31 December, 2017
Report issued on 22 May 2018 covered the following practice issues:
Pronouncements
Disclosure of reconciliation of changes in liabilities arising from financing activities on adoption of amendment to IAS 7.
Pronouncements
Extended disclosure in respect of IFRS 15 “Revenue from contracts with customers”.
Change
Change in segment reporting structure.
Change
Discussion of key audit matters included in audit report.
Change
Change in the presentation of deferred tax information.
Restatement
Restatement of operating lease obligations.

Electrolux AB Monitor

Electrolux AB Annual Report 2017
CR Monitor Issue: 
2018/0513
Company covered: 
Electrolux AB
Period End: 
31 December, 2017
Report issued on 15 May 2018 covered the following practice issues:
Pronouncements
Enhanced disclosure with respect to impact of new accounting standards including quantification.
Change
Detailed disclosure of business combinations.
Pronouncements
Additional Disclosure in line with amendment to IAS 7 “Statement of cash flows”.
Change
Change in estimate used for impairment test of intangible asset with indefinite life.
New
Separate statement on sustainability reporting included within annual report.

GlaxoSmithKline plc Monitor

GlaxoSmithKline plc Annual Report 2017
CR Monitor Issue: 
2018/0508
Company covered: 
GlaxoSmithKline plc
Period End: 
31 December, 2017
Report issued on 08 May 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the future impacts of new accounting standards including quantification.
Change
Expanded disclosure of Non IFRS performance measures.
Change
Extended disclosure of principal risks including identification of new risk factor.
Change
Change in calculation of segment profit results in restatement of prior year figures.
Change
Change in disclosure in audit report in respect of director and auditor responsibilities.

Marston's PLC Monitor

Marston's PLC Annual Report 2017
CR Monitor Issue: 
2018/0506
Company covered: 
Marston's PLC
Period End: 
30 September, 2017
Report issued on 08 May 2018 covered the following practice issues:
Change
Discussion of key audit matters within the audit report.
Change
Explanation given for non disclosure of post acquisition income statement impact arising from company acquired.
Restatement
Basis of calculation of underlying profit altered.
Restatement
Provisions allocated between current and non-current liabilities on the face of the balance sheet.
Change
Change in the composition of segments following a change in the structure of the organisation.
Change
Principal risk disclosures extended by identification of new risk factor.

Vestas Wind Systems A/S Monitor

Vestas Wind Systems A/S Annual Report 2017
CR Monitor Issue: 
2018/0502
Company covered: 
Vestas Wind Systems A/S
Period End: 
31 December, 2017
Report issued on 01 May 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of new accounting standards IFRS 15 and IFRS 16.
Change
Extension of risk disclosures.
Change
Disclosure of contingent liability relating to legal claim.
Change
Disclosure of a sale and lease back transaction.
Change
Disclosure of information in respect of post balance sheet business combination.

Zurich Insurance Group Ltd Monitor

Zurich Insurance Annual Report 2017
CR Monitor Issue: 
2018/0505
Company covered: 
Zurich Insurance
Period End: 
31 December 2017
Report issued on 01 May 2018 covered the following practice issues:
Change
Presentation changes made in the financial statements including reclassifications.
Pronouncements
Disclosure of discussion in respect of new accounting standards IFRS 9, IFRS 16 and IFRS 17.
Change
Changes made to segment reporting.

IG Group Holdings plc Monitor

IG Group Holdings plc Annual Report 2017
CR Monitor Issue: 
2018/0501
Company covered: 
IG Group Holdings plc
Period End: 
31 May, 2017
Report issued on 1 May 2018 covered the following practice issues:
Restatement
Change in segment reporting structure including restatement of prior years.
Change
Presentation of a revenue breakdown by type of instrument.
Change
Cash flows related to purchase and maturity of investments disclosed on a net basis.
New
Presentation of a reconciliation table showing movement in the current corporation tax liability.
Restatement
Restatement of financial instrument offsetting disclosures.
Change
Change in the format of principal risk disclosures.

Wärtsilä Corporation Monitor

Wärtsilä Corporation Annual Report 2017
CR Monitor Issue: 
2018/0417
Company covered: 
Wärtsilä Corporation
Period End: 
31 December, 2017
Report issued on 23 April 2018 covered the following practice issues:
Restatement
Restatement of comparative cash flow statement without explanation.
Pronouncements
Early adoption of IFRS 9 “Financial instruments”.
Pronouncements
Extended disclosure in respect of IFRS 15 “Financial instruments”.
Change
Business combination goodwill attributed to acquired know-how and expertise.
Change
Disclosure of post balance sheet business combination.

Merck KGaA Monitor

Merck KGaA Annual Report 2017
CR Monitor Issue: 
2018/0415
Company covered: 
Merck KGaA
Period End: 
31 December, 2017
Report issued on 16 April 2018 covered the following practice issues:
Restatement
Finalisation of prior year provisional business combination amounts.
Pronouncements
Disclosure of the future impacts of new standards yet to be adopted including IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers".
Change
Audit report enhanced by inclusion of key audit matters.
Change
Segment disclosures extended.