Daimler

Daimler AG Monitor

Daimler AG Annual Report 2016
CR Monitor Issue: 
2017/0702
Company covered: 
Daimler AG
Period End: 
31 December, 2016
Report issued on 04 July 2017 covered the following practice issues:
Change
Definition of segment assets and liabilities altered to exclude hedging instruments.
Change
Definition of capital management measure altered.
Restatement
Income statement restated on reallocation of amounts from administrative expenses to cost of sales.
Restatement
Related parties note restated to reflect change in amount payable to joint ventures.
Restatement
Restatement of financial instruments subject to master netting arrangements without explanation.
New
Post balance sheet disposal highlighted in subsequent events note.

Disclosure of the impacts of IFRS 16 "Leases"

IFRS 16 “Leases” will fundamentally change accounting by lessees as it requires assets previously off balance sheet under operating lease arrangements to be brought on balance sheet as is currently the case for finance leased assets. As a result on application companies will recognise both additional assets and additional liabilities. Consequently there will also be knock on effects in the income statement as operating lease charges are replaced by a depreciation charge and a finance expense. This report analyses the financial statements of a range of companies to firstly establish whether there has been any early adoption and secondly to establish what companies are disclosing in respect of IFRS 16 and its future impacts.

Related party disclosures - Daimler

Period End: 
31 December, 2016
Period End Date: 
2016-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
KPMG

Financial instruments offset disclosures: an emerging issue under IFRS

This report considers company disclosures in relation to the offsetting of financial assets and financial liabilities following adoption of an amendment to IFRS 7 “Financial instruments: disclosures”. It covers the disclosure of financial assets and financial liabilities that are eligible for offsetting under IAS 32 “Financial instruments: presentation” plus disclosure of those subject to master netting arrangements or similar agreements for which offsetting is not permitted.   

Employment termination benefits: An emerging issue under IFRS

This report covers the accounting treatment of termination benefits in light of additional guidance given by a revised version of IAS 19 “Employee benefits”. It considers changes in classification and recognition of amounts linked to termination benefits and disclosure of the financial impacts arising from related changes in policy.  

Research and development Daimler AG

Period End: 
31 December 2013
Period End Date: 
2013-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
KPMG

Research and development Daimler AG

Period End: 
31 December 2013
Period End Date: 
2013-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
KPMG

Daimler AG Monitor

Daimler AG Annual Report 2013
CR Monitor Issue: 
2014/0705
Company covered: 
Daimler AG
Period End: 
31 December 2013
Report issued on 14 July 2014 covered the following practice issues:
Pronouncements
End of corridor method reduces comparative equity by 13.5%.
Restatement
Prior period error on obligations for part-time early retirement corrected.
Pronouncements
Compliance with international framework agreement for derivatives disclosed as offsetting table presented.
Pronouncements
Management remuneration restricted in light of impending corporate governance rules.