Ryanair

Ryanair Ltd Monitor

Ryanair Ltd Annual Report 2017
CR Monitor Issue: 
2017/1103
Company covered: 
Ryanair Ltd
Period End: 
31 March, 2017
Report issued on 07 November 2017 covered the following practice issues:
Pronouncements
Additional disclosures on new impending standards on leases and revenue from contracts with customers.
Change
Cash flows linked to interest paid and interest received disclosed separately.
Change
Discussion of new principal risk factor added within the strategic report in relation to "Substantial dependence over discretionary air travel".

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.

Operating Lease disclosures under IFRS

This report sets out our findings in respect of a review of the operating lease disclosures when acting as lessee of 35 companies listed on the London stock exchange. We consider a number of points including the disclosure, as currently governed under IFRS by IAS 17 “Leases”, of total future minimum lease payments focusing on the assets identified and the time periods presented; disclosure of minimum sublease payments expected to be received; disclosure of lease and sublease payments recognised in the period; and disclosure of the general terms of significant leasing arrangements including contingent rent payable basis, the existence and terms of renewal or purchase options and escalation clauses and restrictions imposed by lease arrangements such as those concerning dividends, additional debt and further leasing. 

Ryanair Holdings plc Monitor

Ryanair Holdings plc Annual Report 2016
CR Monitor Issue: 
2016/1103
Company covered: 
Ryanair Holdings plc
Period End: 
31 March, 2016
Report issued on 1 November 2016 covered the following practice issues:
New
Returns to shareholders through capital reorganisation and share buyback programmes.
New
Post balance sheet share buyback to return funds to shareholders linked to Brexit.
Change
Available for sale investment gains previously recognised in other comprehensive income reclassified to profit on disposal of investment.

Ryanair Holdings plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0317
Period End: 
30 September 2013
ICB Industry Classification: 
5751 Airlines
Auditor: 
KPMG
Pronouncements
Valuation method disclosed for fixed long-term debt carried at fair value.
Pronouncements
Other comprehensive income statement format changes.
Change
Plans to return cash to shareholders disclosed.

Ryanair Holdings plc Monitor

Ryanair Holdings plc Annual Report 2013
CR Monitor Issue: 
2013/1101
Company covered: 
Ryanair Holdings plc
Period End: 
31 March 2013
Report issued on 01 November 2013 covered the following practice issues:
Change
Provisional ruling on influence disclosed that contrasts with accounting policy for 29.8% shareholding.
Change
Intended asset purchases disclosed as event after the reporting period as related debt financing plan disclosed in risk disclosures.

Deferred tax - Ryanair Holdings plc

Period End: 
31 March 2011
Period End Date: 
2011-03-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
5751 Airlines
Auditor: 
KPMG

Financial Risk Disclosures of Non Financial Companies under IFRS

This report analyses companies’ disclosures in respect of three types of financial risk. Areas covered are credit risk, liquidity risk and market risk factors such as exchange rate movement, interest rate movement and commodity price movement. Our analysis is based on an examination of the IFRS financial statements of 21 large listed European non financial companies.

Ryanair Holdings plc

Ryanair Holdings plc Annual Report 2011
CR Monitor Issue: 
2012/0209
Company covered: 
Ryanair Holdings plc
Period End: 
31 March 2011
Report issued on 15 February 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
New reason given for concluding lack of significant influence over investee.
Change
Passenger compensation costs distinguished from other effects of volcanic ash disruption to air travel.
Change
Auditor's fees out of Ireland disclosed by nature of work.