Imagination Technologies

Imagination Technologies Group plc Monitor

Imagination Technologies Group plc Annual Report 2016
CR Monitor Issue: 
2017/0410
Company covered: 
Imagination Technologies Group plc
Period End: 
30 April, 2016
Report issued on 25 April 2017 covered the following practice issues:
Change
Breach of a covenant of a borrowing facility results in re-classification of a liability as current.
Change
Discussion of going concern assumption includes reference to covenant breach.
Change
Disclosure of principal risks extended to include discussion of covenant breach.
Change
Income statement format altered with "separately disclosable items" highlighted in a separate column.
Restatement
Research and development disclosure restated following a more appropriate cost allocation.
New
Separate disclosure of movements in provisions introduced.

Brexit Disclosures in Listed Company Annual reports

The referendum vote to leave the European Union (EU) has undoubtedly led to uncertainty for business and will potentially have far reaching impacts for companies from many different industries. This report, pulled together in March 2017, focuses on the information that companies have disclosed within their annual reports during the latter half of 2016. It sets out disclosures around risk as well as the disclosure of Brexit impacts which have already been felt and the resulting ramifications.

R&D tax and expenditure credits: an emerging issue under IFRS

This report addresses accounting for the new research and development (R&D) expenditure credit (RDEC) available from Her Majesty's Revenue and Customs (HMRC), the responsible tax authority in the United Kingdom, the previous UK scheme still in force for some companies and a similar scheme in Europe.

Imagination Technologies Group plc Monitor

Imagination Technologies Group plc Annual Report 2014
CR Monitor Issue: 
2014/1107
Company covered: 
Imagination Technologies Group plc
Period End: 
30 April, 2014
Report issued on 18 November 2014 covered the following practice issues:
Pronouncements
Increased disclosures on fair value of available for sale investments.
Pronouncements
Management commentary other than on governance issues packaged into strategic report.
Change
Risk management approach quantified.

Imagination Technologies Group plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0407
Period End: 
31 October 2013
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
9576 Semiconductors
Auditor: 
KPMG
Pronouncements
Disclosures on offsetting and fair valuation of financial instruments given retrospectively.
Change
Financial impact of patent box tax rate disclosed.
Change
R&D tax incentive classed as contribution to operating profit, rather than as income tax.