Stagecoach

Stagecoach Group plc Monitor

Stagecoach Group plc Annual Report 2016
CR Monitor Issue: 
2017/0411
Company covered: 
Stagecoach Group plc
Period End: 
30 April, 2016
Report issued on 25 April 2017 covered the following practice issues:
Change
Joint venture impaired in full.
Change
Early redemption premium reflected as exceptional finance cost.
Change
Impairment of interest in joint venture, onerous contract review and exceptional items identified as areas of audit focus.
Restatement
New reporting segment identified in line with IFRS 8 quantitative thresholds.
Pronouncements
Change in Companies Act 2006 requirements results in disclosure of full list of subsidiaries.
Change
Table showing movement in franchise adjustment introduced to pensions note.

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.

Stagecoach Group plc Monitor

Stagecoach Group plc Annual Report 2015
CR Monitor Issue: 
2016/0102
Company covered: 
Stagecoach Group plc
Period End: 
30 April, 2015
Report issued on 14 January 2016 covered the following practice issues:
Pronouncements
Information disclosed on impending viability statement requirement.
Pronouncements
Table cross references information required under listing rules.
Change
Illustrative presentation of audit approach by external auditors.

Stagecoach Group plc Period End 30 April 2010

Stagecoach Group plc Annual Report 2010
Cancelled cash flow hedges result in £20.5 million exceptional expense
Following cancellation of cash flow hedges, UK transport company Stagecoach recognises £20.5 million as an exceptional expense that reduces profit by 16%.

Stagecoach Group plc Period End 30 April 2007

Stagecoach Group Annual Report 2007

£28.9 million past service credit recognised 
Following pension scheme changes, UK transport company Stagecoach recognises a past service credit of £28.9 million which contributes 15.7% to profit before tax. 


Non-explicit targets set for key performance indicators 
UK transport company Stagecoach expands its disclosures by setting targets for its key performance indicators but uses broad parameters rather than explicit values.