Dairy Crest

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2017-18
CR Monitor Issue: 
2018/0913
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2018
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion on a new key audit matter included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Change
Change in inflation index assumption results in a reduction in pension obligations.
Change
Introduction of a separate section discussing alternative performance measures.
Change
Extended disclosure of principal risks.

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2017
CR Monitor Issue: 
2018/0103
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2017
Report issued on 2 January 2018 covered the following practice issues:
Change
Proposed changes to directors remuneration policy include introduction of a new long term incentive plan.
Change
Audit report enhanced by inclusion of tabular disclosure outlining changes to risks of material misstatement.
Pronouncements
Disclosure of impending impacts linked to future adoption of new revenue standard.
Change
Assets held for sale disclosed in a separate line on the face of the statement of financial position.

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2016
CR Monitor Issue: 
2016/1010
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2016
Report issued on 24 October 2016 covered the following practice issues:
Change
Significant business sold identified as a discontinued operation.
Change
Auditor discloses risk areas of material misstatement conclusions.
Change
New risk areas of material misstatement identified by auditors in relation to discontinued business disposed and related deferred tax.
New
Exceptional fair value gain recognised in respect of previously held interest in step acquisition.
New
Goodwill on acquisition of business explained.

Dairy Crest Group Plc Monitor

Dairy Crest Group Plc Annual Report 2015
CR Monitor Issue: 
2015/0818
Company covered: 
Dairy Crest Group Plc
Period End: 
31 March 2015
Report issued on 31 August 2015 covered the following practice issues:
Change
Disclosures increased, as criteria to class business as held for sale not met.

Dairy Crest Group plc Period End 31 March 2009

Dairy Crest Group plc Annual Report Year 2009

Net gain on disposals represents 45% of pre-tax profit

UK food producer Dairy Crest generates net gain of £45.9 million from disposal of a joint venture and another business that represents some 45% of profit before tax.


Insurance policies purchased to reduce pension risk

UK food producer Dairy Crest pays £150 million to insure obligations to retired pensioners amounting to £114 million at the year-end that represent 20% of its total pension obligations.

Dairy Crest Group plc Period End 31 March 2009

Dairy Crest Group plc Annual Report Year 2009

Net gain on disposals represents 45% of pre-tax profit

UK food producer Dairy Crest generates net gain of £45.9 million from disposal of a joint venture and another business that represents some 45% of profit before tax.


Insurance policies purchased to reduce pension risk

UK food producer Dairy Crest pays £150 million to insure obligations to retired pensioners amounting to £114 million at the year-end that represent 20% of its total pension obligations.