OMV

OMV AG Monitor

OMV AG Annual Report 2016
CR Monitor Issue: 
2017/0801
Company covered: 
OMV AG
Period End: 
31 December, 2016
Report issued on 1 August 2017 covered the following practice issues:
Pronouncements
Disclosure of key audit matters in the auditors' report as per requirement of new audit standard.
Change
Reallocation of goodwill between cash generating units (CGUs) as a result of changes in managerial structure.
Change
Contribution of acquired business to revenue and profit dislosed.
New
Introduction of table disclosing major class of assets and liabilities of disposal groups.

Earnings per share - OMV AG

Period End: 
30 December 2012
Period End Date: 
2012-12-30
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
0537 Integrated Oil & Gas
Auditor: 
Deloitte
Annual Report: 

Land Lease Classification, an emerging issue under IFRS

This report focuses on companies accounting for land leases. More specifically it considers the reclassification of such as finance leases rather than operating leases following an amendment to IAS 17 “Leases”.

OMV AG Period End 31 December 2010

OMV AG Annual Report 2010
CR Monitor Issue: 
2011/1210
Company covered: 
OMV AG
Period End: 
31 December 2010
Report issued on 16 December 2011 covered the following practice issues:
Change
Gain on remeasurement of prior interest on combination, that increases pre-tax profit by 9.6%, included in net financial result.
Divergence
Belated disclosure of why 10% interest in associate gives significant influence
Change
Land leases reassessed as finance leases, but with little effect.
Change
Enhanced disaggregation of cash flows on acquisitions in note to cash flow statement.