Geberit

Geberit AG Monitor

Geberit AG Annual Report 2017
CR Monitor Issue: 
2018/0606
Company covered: 
Geberit AG
Period End: 
31 December, 2017
Report issued on 12 June 2018 covered the following practice issues:
Pronouncements
Early adoption of IFRS 9 "Financial instruments" leads to disclosure changes.
Pronouncements
Enhanced disclosure in respect of new standards and interpretations not yet applicable.
Pronouncements
Reconciliation of movements in liabilities arsing from financing activities presented following adoption of amendment to IAS 7 "Statement of cash flows"
Change
Change in amortisation treatment of trademarks following a change in brand strategy disclosed in post balance sheet events note
Change
Change in method of measuring currency risk.

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.

Geberit AG Monitor

Geberit AG Annual Report 2015
CR Monitor Issue: 
2016/0810
Company covered: 
Geberit AG
Period End: 
31 December 2015
Report issued on 29 August 2016 covered the following practice issues:
New
Goodwill recognised on business combination attributed to costs reductions and new product opportunities.
Change
Trademarks identified as a separate class of intangible asset.
New
Analysis of operating lease payments presented.
Change
Segmental analysis of net sales after taking into account customer discounts.
New
Disclosure of a breakdown of property plant and equipment by geographic region introduced.

Geberit AG Period End 31 December 2010

Geberit AG Annual Report2010
CR Monitor Issue: 
2011/0404
Company covered: 
Geberit AG
Period End: 
31 December 2010
Report issued on 21 April 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
Improved presentation of key management personnel compensation.