Fiat

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.

Fiat Chrysler Automobiles N.V. Monitor

Fiat Chrysler Automobiles N.V. Annual Report 2016
CR Monitor Issue: 
2017/0508
Company covered: 
Fiat Chrysler Automobiles N.V.
Period End: 
31 December, 2016
Report issued on 15 May 2017 covered the following practice issues:
Change
Change in presentation of statement of financial position sees liabilities classified under current and non-current.
Change
Restatement of prior year deferred tax assets linked to adoption of IAS 19 and acquisition of a non-controlling interest.
Restatement
Income statement restated to reclassify other income/expense to selling, general and other costs.

Related party disclosures - Fiat SpA

Period End: 
31 December 2010
Period End Date: 
2010-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
Deloitte & Touche

Related party disclosures - Fiat SPA

Period End: 
31 December 2010
Period End Date: 
2010-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
Deloitte & Touche

Property plant and equipment - Fiat SPA

Period End: 
31 December 2010
Period End Date: 
2010-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3353 Automobiles
Auditor: 
Deloitte & Touche

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.