PricewaterhouseCoopers

Hiscox Ltd Monitor

Submitted by e0aa4410-014d-4... on Tue, 2019-06-25 14:35

CR Monitor Issue:

2019/0621

Company covered:

Hiscox Ltd

Period End:

31 December, 2018

Report issued on 25 June 2019 covered the following practice issues:

Change in functional and presentational currency with restatement of comparative information.

The segmental reporting structure has been revised.

Adoption of IFRS 15 Revenue from Contracts with Customers from 1 January 2018.

Disclosure of the expected impact of adopting IFRS 16 Leases, IFRS 9 Financial Instruments and Amendments to IAS 19.

The recognition of a past service cost following the equalisation of Guaranteed Minimum Pensions (GMP) for both men and women.

Restatement of line items within 'cash flows from financing activities' in the comparative period of the cash flow statement with nil net impact on overall cash flows.

GlaxoSmithKline plc Monitor

Submitted by e0aa4410-014d-4... on Wed, 2019-06-19 14:20

CR Monitor Issue:

2019/0618

Company covered:

GlaxoSmithKline plc

Period End:

31 December, 2018

Report issued on 19 June 2019 covered the following practice issues:

Adoption of IFRS 15 Revenue from Contracts with Customers (IFRS 15) and IFRS 9 Financial Instruments (IFRS 9) from 1 January 2018.

Disclosure in respect of the expected future impact of new accounting standard IFRS 16 Leases.

Disclosure of events after the balance sheet date.

A new section is added to the audit report covering the detection of irregularities including fraud.

The equalisation of Guaranteed Minimum Pensions for men and women results in the recognition of a past service cost.

Disclosure in respect of ‘transactions signed but not yet completed’ within the acquisitions and disposal note.

Coca-Cola HBC AG Monitor

Submitted by e0aa4410-014d-4... on Fri, 2019-06-14 14:05

CR Monitor Issue:

2019/0615

Company covered:

Coca-Cola HBC AG

Period End:

31 December, 2018

Report issued on 13 June 2019 covered the following practice issues:

Adopted IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments from 1 January 2018.

Disclosures on expected impact of IFRS 16 extended with quantification provided.

Disclosure of events after the balance sheet date.

Modification of performance share plan in the current year.

New sections in the auditors’ report added in respect of ‘capability of the audit in detecting irregularities, including fraud’ and for ‘going concern’.

Segro plc Monitor

Submitted by e0aa4410-014d-4... on Fri, 2019-06-14 11:58

CR Monitor Issue:

2019/0614

Company covered:

Segro plc

Period End:

31 December, 2018

Report issued on 14 June 2019 covered the following practice issues:

The segmental reporting structure has been revised.

Adoption of IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers from 1 January 2018.

Disclosure of expected impact from adopting amendment to IFRS 3 Business combinations from 1 January 2020.

The recognition of pension buy-out costs in the income statement.

A new section is added to the audit report covering the detection of irregularities including fraud.

AstraZeneca Plc Monitor

Submitted by 671be8cb-63b1-4... on Thu, 2019-06-13 14:23

CR Monitor Issue:

2019/0612

Company covered:

AstraZeneca Plc

Period End:

31 December, 2018

Report issued on 13 June 2019 covered the following practice issues:

Adoption of IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers and IFRIC 22 Foreign Currency Transactions and Advance Consideration with effect from 1 January 2018.

Disclosure in respect of future impacts of adoption of IFRIC 23 Uncertainty over Income Tax Treatments and IFRS 16 Leases has been provided.

Disclosure in respect of Amendments to IFRS 2 Share-based Payments.

Assets held for sale are disclosed separately within the statement of financial position.

The equalisation of Guaranteed Minimum Pensions for men and women results in the recognition of a past service cost.

Disclosures made in respect of post balance sheet events.

Essentra plc Monitor

Submitted by e0aa4410-014d-4... on Fri, 2019-05-31 12:40

CR Monitor Issue:

2019/0602

Company covered:

Essentra plc

Period End:

31 December, 2018

Report issued on 01 June 2019 covered the following practice issues:

The segmental information is altered to reflect a change in organisational structure including restatement of the comparative year presentation.

Adoption of IFRS 15 Revenue from contracts with customers from 1 January 2018.

IFRS 9 Financial Instruments adoption from 1 January 2018 results in an adjustment within equity.

The expected future impact of adopting IFRS 16 Leases is quantified.

The impact of equalising Guaranteed Minimum Pensions for men and women is recognised as an exceptional item.

The strategic report includes extended principal risk information.

Acacia Mining plc Monitor

Submitted by e0aa4410-014d-4... on Fri, 2019-05-31 11:51

CR Monitor Issue:

2019/0601

Company covered:

Acacia Mining plc

Period End:

31 December, 2018

Report issued on 01 June 2019 covered the following practice issues:

Adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments from 1 January 2018.

Adoption of amendment to IFRS 2 Share-based Payment from 1 January 2018.

The expected future impact of adopting IFRS 16 Leases is disclosed.

Assets and liabilities held for sale are disclosed separately within the statement of financial position.

The disclosure on contingencies is extended to disclose regulatory contingencies which arose in the current financial year.

Disclosure of events after the balance sheet date.

Grafton Group plc Monitor

Submitted by 671be8cb-63b1-4... on Tue, 2019-05-28 10:30

CR Monitor Issue:

2019/0519

Company covered:

Grafton Group plc

Period End:

31 December, 2018

Report issued on 28 May 2019 covered the following practice issues:

Adoption of IFRS 9 Financial instruments from 1 January 2018.

Adoption of IFRS 15 Revenue from contracts with customers from 1 January 2018.

Disclosure of the expected impacts of IFRS 16 Leases adoption.

Disclosure of information in relation to a business disposal.

Presentation of a reconciliation of movements in net debt showing changes in liabilities arising from financing activities.

Bunzl plc Monitor

Submitted by e0aa4410-014d-4... on Mon, 2019-05-27 15:00

CR Monitor Issue:

2019/0517

Company covered:

Bunzl plc

Period End:

31 December, 2018

Report issued on 27 May 2019 covered the following practice issues:

IFRS 15 Revenue from Contracts with Customers is adopted on a retrospective basis from 1 January 2018.

IFRS 9 Financial Instruments is adopted with effect from 1 January 2018.

Adoption of an IFRIC agenda decision related to the treatment of interest and penalties linked to taxation.

The expected future impact of IFRS 16 Leases is disclosed.

The financial statement impact of business disposals is disclosed.

The impact of equalising Guaranteed Minimum Pensions for men and women is recognised.

Peugeot S.A. Monitor

Submitted by e0aa4410-014d-4... on Mon, 2019-05-20 10:34

CR Monitor Issue:

2019/0515

Company covered:

Peugeot S.A.

Period End:

31 December, 2018

Report issued on 20 May 2019 covered the following practice issues:

IAS 29 Financial Reporting in Hyperinflationary Economies is applied to operations in Argentina.

IFRS 9 Financial instruments is adopted with effect from 1 January 2018 on a prospective basis.

IFRS 15 Revenue from contracts with customers is adopted with effect from 1 January 2018 on a full retrospective basis.

Disclosures are included in respect of the expected future impact of IFRS 16 Leases which will be adopted from 1 January 2019.

A change in the estimated useful lives of property plant and equipment is recognised.

Material impairments recognised are explained.