Tate & Lyle PLC Monitor

Tate & Lyle PLC Annual Report 2016
CR Monitor Issue: 
2017/03008
Company covered: 
Tate & Lyle PLC
Period End: 
31 March, 2016
Report issued on 21 March 2017 covered the following practice issues:
New
Control of previous joint venture achieved through stepped acquisition.
Restatement
Segment information restated to show joint ventures and associates on an equity accounting basis.
Change
Change in impairment valuation technique from value-in-use to fair value less cost of disposal for goodwill acquired last year.
Change
Table introduced showing cash flow impacts from individual exceptional items.
Change
Narrative description of key factors impacting the sustainability of its effective tax rate presented.
Change
Additional disclosures on accounting estimates and judgement relating to inventories and taxation presented.

Marston's PLC Monitor

Marston's PLC Annual Report 2016
CR Monitor Issue: 
2017/0307
Company covered: 
Marston's PLC
Period End: 
1 October, 2016
Report issued on 21 March 2017 covered the following practice issues:
Change
Tabular disclosure of principal risks extended to include new risk factors in respect of “business continuity” and “health and safety, including food hygiene”.
Change
Deferred tax liabilities and deferred tax assets are presented in the balance sheet after offsetting.
Pronouncements
Disclosure of changes in non-audit services policy.
Change
Clarity of corporate governance disclosures enhanced through the use of a diagram showing the governance framework.

Fenner PLC Monitor

Fenner PLC Annual Report 2016
CR Monitor Issue: 
2017/0309
Company covered: 
Fenner PLC
Period End: 
31 August, 2016
Report issued on 21 March 2017 covered the following practice issues:
Pronouncements
Change in accounting policy in respect of offsetting cash pooling arrangements following guidance from the IFRS Interpretations Committee.
New
Disclosure of post balance sheet disposal of a wholly owned subsidiary.
Change
Disclosure of extended information on segment assets and liabilities.
Restatement
Finalisation of provisional fair values attributed to assets and liabilities in respect of a business acquired last year.

Infineon Technologies AG Monitor

Infineon Technologies AG Annual Report 2016
CR Monitor Issue: 
2017/0304
Company covered: 
Infineon Technologies AG
Period End: 
30 September, 2016
Report issued on 14 March 2017 covered the following practice issues:
Restatement
Restatement of segment information as a result of reallocation of a business.
Change
Presentation of deferred tax assets altered to be net of valuation allowance.
Change
Disclosure of items on which no deferred tax assets are recognised is added.

Lonmin plc Monitor

Lonmin Plc Annual Report 2016
CR Monitor Issue: 
2017/0306
Company covered: 
Lonmin Plc
Period End: 
30 September, 2016
Report issued on 14 March 2017 covered the following practice issues:
Change
Share capital structure reorganised through sub-division, rights issue and consolidation.
Change
Share bonus issue to maintain Black Economic Empowerment share proportion.
Restatement
Restatement of prior year’s loss per share following rights issue.
Change
Audit report enhanced by inclusion of overview and tabular presentation showing scope of audit work.

Victrex plc Monitor

Victrex plc Annual Report 2016
CR Monitor Issue: 
2017/0305
Company covered: 
Victrex plc
Period End: 
30 September, 2016
Report issued on 14 March 2017 covered the following practice issues:
Change
Disclosure of estimates and judgements extended to include information in respect of provisions and contingencies.
Change
Disclosure of proposed changes to directors' remuneration policy.