Provisions - Pirelli & C SpA

Period End: 
31 December 2011
Period End Date: 
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
3357 Tires
Ernst & Young

Provisions under IFRS

The focus of this report is the disclsoure of provisions within IFRS financial statements. Included is an examination of company disclosures relating to individual classes of provision such as nature and timing as well as movements during the year. Our analysis is based on the financial statements of 26 large listed European companies drawn from a broad range of countries and industries. 

Inventories under IFRS

Based on a sample of 28 large listed European companies that report under IFRS, supplemented by Company Reporting data and comment, this report analyses the disclosure of inventory accounting practice. Included is an examination of company disclosures relating to cost allocation formulae and a survey of the methods identified.

Pirelli & C SpA Period End 31 December 2009

Pirelli & C SpA Annual Report 2009
Comparative earnings per share significantly “misprinted”
Italian tyre manufacturer Pirelli adjusts significantly its prior year analysis of earnings per share from continuing and discontinued operations and tells us that the comparative information is a misprint.