BMW

Bayerische Motoren Werke AG Monitor

Bayerische Motoren Werke AG Annual Report 2017
CR Monitor Issue: 
2018/0618
Company covered: 
Bayerische Motoren Werke AG
Period End: 
31 December, 2017
Report issued on 20 June 2018 covered the following practice issues:
Pronouncements
Disclosure of financial impact of new accounting standards issued but not yet effective: IFRS 9 "Financial instruments", IFRS 15 " Revenues from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 “Statement of cash flows”.
Change
Inclusion of a discussion on key audit matters in the auditors' report.
Change
Introduction of a table disclosing the valuation method and the inputs used for level 3 financial instruments.
Change
Increased disaggregation of contingent liabilities analysis.
New
Disclosure of directors remuneration enhanced by inclusion of remuneration analysis diagram.

Fair value measurement information under IFRS

IFRS 13 “Fair value measurement” sets out a single consistent framework for measuring fair value within IFRS financial statements and outlines a standardised set of disclosures in respect of fair value measurements. IFRS 13 has been mandatory now for some years, with application being required for annual reporting periods beginning on or after 1 January 2013. This report sets out the results of how requirements of the standard have been put into practice, both in terms of measurement and disclosure, in the consolidated financial statements of 139 large public limited companies with year ends between 31 March 2016 and 1 April 2017. It is not an exhaustive study of all aspects of IFRS 13 application and its conclusions are limited to our findings in respect of the areas analysed within the financial statements reviewed.

Bayerische Motoren Werke AG Monitor

Bayerische Motoren Werke AG Annual Report 2016
CR Monitor Issue: 
2017/1004
Company covered: 
Bayerische Motoren Werke AG
Period End: 
31 December, 2016
Report issued on 10 October 2017 covered the following practice issues:
Pronouncements
Disclosure of impending impact from future adoption of new revenue recognition standard, IFRS 15, including quantification.
Pronouncements
Disclosure of qualitative information as to the future impacts of the new financial instruments standard, IFRS 9.
Change
Disclosure of fair value information for financial assets and financial liabilities measured at amortised cost.
Pronouncements
Adoption of amendment to IAS 1 leads to consideration of materiality in relation to disclosures.

Related Party Disclosures under IFRS

Focusing on a sample of 30 large listed European companies that report under IFRS, supplemented by Company Reporting data and comment, this report analyses the types of related parties identified and the form that company disclosures take.
 

Accounting for Property Plant and Equipment under IFRS

Focusing on a sample of 30 large listed European companies that report under IFRS, supplemented by Company Reporting data and comment, this report analyses the types of Property Plant and Equipment recognised by companies and the disclosures given in their respect including those relating to the determination of carrying amounts and depreciation charges as well as the clarity of disclosures in relation to movements during the year.

Bayerische Motoren Werke AG Period End 31 December 2010

Bayerische Motoren Werke AG Annual Report 2010
CR Monitor Issue: 
2011/0813
Company covered: 
Bayerische Motoren Werke AG
Period End: 
31 December 2010
Report issued on 19 August 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Divergence
Reassigning hedges to the held for trading category introduces an apparent non-compliance with IFRS.
Change
Fair value hierarchy disclosure improved by inclusion of hedges.
Change
Lack of clarity in disclosure of refinement of the inputs to the model used to fair value derivatives.
Restatement
No explanation for restating comparative maturity analysis of financial liabilities on derivatives.
Change
Disclosure of auditors' fees now includes those paid to auditors of a subsidiary in the CIS counties.
Change
China now reported separately in the geographical segmental disclosures following a significant increase in revenue from that country.