RPC

RPC Group plc Monitor

RPC Group plc Annual Report 2018
CR Monitor Issue: 
2018/1207
Company covered: 
RPC Group plc
Period End: 
31 March, 2018
Report issued on 11 December 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including, IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Restatement
Prior year business combination amounts finalised leading to an increase in goodwill.
Change
Disclosure in respect of events after the reporting period.
Change
Change in deferred tax recognised linked to reduction in US tax rate.
Change
Added disclosure in respect of alternative performance measures.
Change
Change in presentation of income statement due to added disclosure on profit attributable to non-controlling interest.

Alternative Performance Measures (APMs)

In this Common Practices report we look at what APMs are; how companies are using them; and what they mean for the users of accounts when comparing them to others. This report examines the APMs that are stated within recent company and group accounts for a sample of 20 companies. Our selected sample covers year ends from 30 June 2017 to 31 March 2018. All companies report under International Financial Reporting Standards (IFRS) as adopted in the EU. Throughout this report, we look at some of the recommendations put forward by the European Securities and Markets Agency (ESMA) in their guidelines setting out best practice on APMs in 2015, which became effective from 3 July 2016, as well as the observations made by the FRC, assessing whether and how companies have implemented them. 

RPC Group plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0111
Period End: 
30 September 2014
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
2723 Containers & Packaging
Auditor: 
KPMG
Pronouncements
Joint venture moves to equity method from proportionate consolidation.
Divergence
Remuneration transaction arising from business combination described as "contingent consideration".
Change
"Adjusted items" presented separately on face of income statement.

RPC Group plc

RPC Group plc Annual Report 2012
CR Monitor Issue: 
2012/1003
Company covered: 
RPC Group plc
Period End: 
31 March 2012
Report issued on 11 October 2012 covered the following practice issues:
Inconsistent
No retrospective change in presentation of net pension finance charge which would have increased comparative operating profit by 5%.
Change
Aggregation of time bands in analysis of trade receivables.
Change
Contract provisions reported separately.
Change
Intended change in function of assets disclosed, along with intention to exit from existing business.