SKF

SKF AB

SKF AB 2017
CR Monitor Issue: 
2018/0807
Company covered: 
SKF AB
Period End: 
31 December, 2017
Report issued on 14 August 2018 covered the following practice issues:
Change
Change in presentation of income statement to reflect cash discounts in net sales rather than as an expense.
Pronouncements
Extended disclosure in respect of the future impact of IFRS 16 "Leases".
Restatement
Restatement of net sales by segment to reflect reallocation of businesses.
Change
Analysis of contingent liabilities altered to include liabilities in respect of tax claims.

SKF AB Period End 31 December 2010

SKF AB 2010
CR Monitor Issue: 
2011/0513
Company covered: 
SKF AB
Period End: 
31 December 2010
Report issued on 17 May 2011 did not identify any changes with significant impacts on the financial statements but covered the following practice issue:
Change
Financial income and expense reported on a net basis.