Swisscom

Swisscom Ltd Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2018/1211
Period End: 
30 June 2018
Listing Status: 
Europe 350
ICB Industry Classification: 
6535 Fixed Line Telecommunications
Auditor: 
KPMG
Pronouncements
Adoption of IFRS 15 "Revenue from contracts with customers".
Pronouncements
Adoption of IFRS 9 "Financial instruments".
Pronouncements
Disclosure of a description of the future impacts of adopting IFRS 16 "Leases".
Change
Disclosure of post balance sheet acquisition.

Swisscom Ltd Monitor

Swisscom Ltd Annual Report 2017
CR Monitor Issue: 
2018/0309
Company covered: 
Swisscom Ltd
Period End: 
31 December, 2017
Report issued on 13 March 2018 covered the following practice issues:
Change
Changes in the presentation of the notes to the financial statement.
Restatement
Restructuring of operating segments.
Pronouncements
Quantified disclosure as to the future impacts of new standards, IFRS 9 and IFRS 15.

Disclosure of the impacts of IFRS 16 "Leases"

IFRS 16 “Leases” will fundamentally change accounting by lessees as it requires assets previously off balance sheet under operating lease arrangements to be brought on balance sheet as is currently the case for finance leased assets. As a result on application companies will recognise both additional assets and additional liabilities. Consequently there will also be knock on effects in the income statement as operating lease charges are replaced by a depreciation charge and a finance expense. This report analyses the financial statements of a range of companies to firstly establish whether there has been any early adoption and secondly to establish what companies are disclosing in respect of IFRS 16 and its future impacts.

Pensions - Swisscom

Period End: 
31 December, 2016
Period End Date: 
2016-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
6535 Fixed Line Telecommunications
Auditor: 
KPMG

Swisscom Ltd Monitor

Swisscom Ltd Annual Report 2016
CR Monitor Issue: 
2017/0405
Company covered: 
Swisscom Ltd
Period End: 
31 December, 2016
Report issued on 04 April 2017 covered the following practice issues:
Pronouncements
Disclosure of key audit matters included in audit report.
Pronouncements
Extended disclosure of the impacts of IFRS 15.
Restatement
Restatement of outstanding balances and transactions with related parties without explanation.
Change
Introduction of graphical disclosure in respect of director performance related salary components.

Share-based payments under IFRS disclosure of the extent of arrangements and valuation

This report examines company disclosures in respect of share-based payment arrangements. It considers specifically disclosures in relation to the extent of such arrangements and the valuation of instruments granted. In relation to the valuation of share options the report considers the valuation methods applied by the sample companies.  

Share-based Payment Arrangements under IFRS disclosure of nature and impact

This report examines company disclosures in respect of share-based payment arrangements. It considers specifically disclosures in relation to the nature of such arrangements and the impacts on profit or loss during the period. The report will also look at the overall significance of share-based payments by considering total share-based payment expense as a percentage of profit after tax, the length of disclosure in the financial statements and the number of share-based payment schemes that companies have.

Financial instruments offset disclosures: an emerging issue under IFRS

This report considers company disclosures in relation to the offsetting of financial assets and financial liabilities following adoption of an amendment to IFRS 7 “Financial instruments: disclosures”. It covers the disclosure of financial assets and financial liabilities that are eligible for offsetting under IAS 32 “Financial instruments: presentation” plus disclosure of those subject to master netting arrangements or similar agreements for which offsetting is not permitted.