Capital Management

RSA Insurance Group Monitor

RSA Insurance Group Annual Report 2016
CR Monitor Issue: 
2017/1206
Company covered: 
RSA Insurance Group
Period End: 
31 December, 2016
Report issued on 12 December 2017 covered the following practice issues:
Restatement
Operating activities section of cash flow statement restated following a classification review.
Restatement
Segment reporting restated following introduction of new reporting segment.
Change
Financial instrument disclosures enhanced by introduction of table in respect of netting arrangements.
Change
Disposal of legacy insurance business explained in post balance sheet events note.
Restatement
Restatement of investments considered to be a structured entity following review of the definition.
Change
Capital management disclosures enhanced by inclusion of sensitivity analysis.

Aviva plc Monitor

Aviva plc Annual Report 2017
CR Monitor Issue: 
2017/0712
Company covered: 
Aviva plc
Period End: 
31 December, 2016
Report issued on 25 July 2017 covered the following practice issues:
Restatement
Prior period correction recognised in respect of management charge rebates.
Pronouncements
Disclosure as per Solvency II capital adequacy regulation added on adoption.
Change
Enhancement of risk disclosure by inclusion of tabular presentation for risk preferences.
New
Introduction of a table showing principal risk trends.

Standard Life plc Monitor

Standard Life plc Annual Report 2016
CR Monitor Issue: 
2017/0710
Company covered: 
Standard Life plc
Period End: 
31 December, 2016
Report issued on 25 July 2017 covered the following practice issues:
Change
New class of provisions raised in respect of liability linked to enhanced annuities.
Change
Business acquisition results in bargain purchase gain.
Change
Tabular presentation of principal risk factors extended to include two new risks in respect of Investment performance’ and ‘strategic transition and delivery.
Pronouncements
Capital management disclosures enhanced by inclusion of statement of compliance with the Solvency II regulatory regime.

Metro Bank PLC Monitor

Metro Bank PLC Annual Report 2016
CR Monitor Issue: 
2017/0711
Company covered: 
Metro Bank PLC
Period End: 
31 December, 2016
Report issued on 25 July 2017 covered the following practice issues:
Change
Management review includes extended disclosure of risk factors and risk management.
New
Introduction of directors’ remuneration report to the annual report.
Change
Audit report enhanced by inclusion of new sections on audit approach, scope of audit and areas of audit focus, materiality and going concern.
Pronouncements
Capital management disclosures enhanced by introduction of country by country reporting in line with new capital reporting requirements.

Daimler AG Monitor

Daimler AG Annual Report 2016
CR Monitor Issue: 
2017/0702
Company covered: 
Daimler AG
Period End: 
31 December, 2016
Report issued on 04 July 2017 covered the following practice issues:
Change
Definition of segment assets and liabilities altered to exclude hedging instruments.
Change
Definition of capital management measure altered.
Restatement
Income statement restated on reallocation of amounts from administrative expenses to cost of sales.
Restatement
Related parties note restated to reflect change in amount payable to joint ventures.
Restatement
Restatement of financial instruments subject to master netting arrangements without explanation.
New
Post balance sheet disposal highlighted in subsequent events note.

St. James’s Place plc Monitor

St. James’s Place plc Annual Report 2015
CR Monitor Issue: 
2016\0806
Company covered: 
St. James’s Place plc
Period End: 
31 December, 2015
Report issued on 23 August 2016 covered the following practice issues:
Pronouncements
Disclosure as per Solvency II capital adequacy Directive added on adoption.
Change
Disclosure of unobservable inputs used in valuing investment properties added.
Change
Areas of focus added to audit committee report.
Change
New measure of segmental income reviewed by chief operating decision maker.
Change
Expected utilisation or crystallisation dates disclosed for deferred tax assets and liabilities.
Restatement
Lease commitments restated to show total future minimum lease payments.

Nordea Bank AB Monitor

Nordea Bank AB Annual Report 2014
CR Monitor Issue: 
2015/0402
Company covered: 
Nordea Bank AB
Period End: 
31 December, 2014
Report issued on 02 April 2015 covered the following practice issues:
Pronouncements
Introduction of note on structured entities under new requirements.
Change
Impairment of IT development assets reduces profit before tax by 7.5%.
Pronouncements
Additional geographical information given under Swedish regulations.
Pronouncements
Additional disclosures on composition of capital under Swedish and EU regulations.

Capital management - Zurich Insurance Group

Period End: 
31 December 2013
Period End Date: 
2013-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
8532 Full Line Insurance
Auditor: 
PricewaterhouseCoopers

Capital management - Nordea Bank

Period End: 
31 December 2014
Period End Date: 
2014-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
8355 Banks
Auditor: 
KPMG

Capital management - Royal Bank of Canada

Period End: 
31 October 2014
Period End Date: 
2014-10-31
Listing Status: 
Listed
ICB Industry Classification: 
8355 Banks
Auditor: 
Deloitte