Fair value measurement information under IFRS

IFRS 13 “Fair value measurement” sets out a single consistent framework for measuring fair value within IFRS financial statements and outlines a standardised set of disclosures in respect of fair value measurements. IFRS 13 has been mandatory now for some years, with application being required for annual reporting periods beginning on or after 1 January 2013. This report sets out the results of how requirements of the standard have been put into practice, both in terms of measurement and disclosure, in the consolidated financial statements of 139 large public limited companies with year ends between 31 March 2016 and 1 April 2017. It is not an exhaustive study of all aspects of IFRS 13 application and its conclusions are limited to our findings in respect of the areas analysed within the financial statements reviewed.

Koninklijke KPN N.V. Monitor

Koninklijke KPN N.V. Annual Report 2013
CR Monitor Issue: 
Company covered: 
Koninklijke KPN N.V.
Period End: 
31 December 2013
Report issued on 07 October 2014 covered the following practice issues:
Asset impairment, write off of irrecoverable tax and tax gain included in discontinued results.
Hybrid bonds classed as 50% debt, 50% equity.
Preference shares acquired by independent foundation to safeguard company's interest not classed as equity.
Disclosure on offsetting financial assets and liabilities.