Discontinued operations

Elementis plc Monitor

Elementis plc Annual Report 2017
CR Monitor Issue: 
2018/0910
Company covered: 
Elementis plc
Period End: 
31 December, 2017
Report issued on 17 September 2018 covered the following practice issues:
Change
Discussion of key audit matters included within audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Change
Detailed disclosure in respect of the valuation of intangible assets recognised as part of business combination.
Change
Profit from discontinued operations highlighted separately on the face of the income statement.
Change
Segmental reporting change linked to the agreed sale of operations.
Change
Change in calculation of adjusted operating profit to exclude amortisation of intangible assets arising on acquisition.

Vodafone Group Plc Monitor

Vodafone Group Plc Annual Report 2018
CR Monitor Issue: 
2018/0904
Company covered: 
Vodafone Group Plc
Period End: 
31 March, 2018
Report issued on 03 September 2018 covered the following practice issues:
Pronouncements
Extended disclosure regarding the impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Disclosure of valuation information in respect of discontinued operation classified as held for sale.
Change
Extended disclosure of key performance indicators.
Change
Presentation of a reconciliation of movements in liabilities arising from financing activities.
Change
Separate sections included in audit report outlining director and auditor responsibilities.

Capital & Counties Properties PLC Monitor

Capital & Counties Properties PLC Annual Report 2017
CR Monitor Issue: 
2018/0902
Company covered: 
Capital & Counties Properties PLC
Period End: 
31 December, 2017
Report issued on 03 September 2018 covered the following practice issues:
Change
Results of discontinued operations presented in separate line on the face of the income statement.
Change
Discussion of key audit matters included in audit report.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following the adoption of amendment to IAS 7 "Statement of cash flows".
Pronouncements
Disclosure in respect of the future impacts of new accounting standards including IFRS 9 "Financial instruments" and amendments to existing standards including IAS 28 "Investments in associates" and IAS 40 "Investment property".
Change
Extended disclosure of valuation information in respect of investment and development properties.
Restatement
Restatement of maturity analysis of future minimum lease amounts receivable to correct prior year error.

Akzo Nobel N.V. Monitor

Akzo Nobel N.V. Annual Report 2017
CR Monitor Issue: 
2018/0820
Company covered: 
Akzo Nobel N.V.
Period End: 
31 December, 2017
Report issued on 28 August 2018 covered the following practice issues:
Change
Discussion of key audit matters included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Result from discontinued operation presented in separate line on the face of the income statement.
Change
Disclosure of post balance sheet restructuring

Capita plc Monitor

Capita plc Annual Report 2017
CR Monitor Issue: 
2018/0816
Company covered: 
Capita plc
Period End: 
31 December, 2017
Report issued on 28 August 2018 covered the following practice issues:
Pronouncements
Early adoption of IFRS 15 "Revenues from contracts with customers".
Change
Disclosure of post balance sheet restructuring plan.
Change
Result form discontinued operations presented separately on the face of the income statement.
Pronouncements
Extended disclosure of the future impacts of IFRS 16 "Leases".
Change
Alteration to segmental reporting reflects new management structure.
Change
Expanded disclosure in respect of impairments and asset write downs.

Telenor ASA Monitor

Telenor ASA Annual Report 2017
CR Monitor Issue: 
2018/0802
Company covered: 
Telenor ASA
Period End: 
31 December, 2017
Report issued on 07 August 2018 covered the following practice issues:
Change
Discontinued operations line disclosed separately on the face of the income statement.
Pronouncements
Extended disclosure as to the future impacts of new accounting standards IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Reconciliation of movements in interest liabilities presented following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Discussion of a new key audit matter linked to discontinued operations included in the auditor’s report.
Restatement
Restatement of segmental reporting disclosures following transfer of businesses between segments.
Change
Extended disclosure in respect of joint ventures and associated undertakings showing an analysis of disposals.

Reckitt Benckiser Group plc

Reckitt Benckiser Group plc Annual Report 2017
CR Monitor Issue: 
2018/0716
Company covered: 
Reckitt Benckiser Group plc
Period End: 
31 December, 2017
Report issued on 24 July 2018 covered the following practice issues:
Change
Detailed disclosure in respect of discontinued operations.
Pronouncements
Presentation of a discussion on the impacts of new standards that are issued but not yet effective including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Format of net debt reconciliation altered following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Detailed disclosure in relation to business combination during the year including a qualitative description of what goodwill represents.
Change
Discussion of key audit matters included in the audit report.
Restatement
Restatement of segmental disclosures linked to business acquisition.

Legal & General Group plc Monitor

Legal & General Group plc Annual Report 2017
CR Monitor Issue: 
2018/0717
Company covered: 
Legal & General Group plc
Period End: 
31 December, 2017
Report issued on 24 July 2018 covered the following practice issues:
Change
Detailed disclosure in respect of business classified as discontinued operation.
Pronouncements
Disclosure of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers", IFRS 16 "Leases" and IFRS 17 "Insurance contracts".
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of amendment to IAS 7 "Statement of cash flows".
Restatement
Amounts reclassified from cash and cash equivalents to financial investments following an assessment of their maturity.
Change
Segmental reporting information restated following reclassification of business as a discontinued operation.
Change
Reverse repurchase agreements reclassified as financial assets.

Orkla ASA Monitor

Orkla ASA Annual Report 2017
CR Monitor Issue: 
2018/0521
Company covered: 
Orkla ASA
Period End: 
31 December, 2017
Report issued on 25 May 2018 covered the following practice issues:
Change
Results of discontinued operations highlighted in a separate line item on the face of the income statement.
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 "Statement of cash flows".

Adidas AG Monitor

Adidas AG Annual Report 2017
CR Monitor Issue: 
2018/0412
Company covered: 
Adidas AG
Period End: 
31 December, 2017
Report issued on 15 April 2018 covered the following practice issues:
Pronouncements
Additional disclosure of changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure in respect of new accounting standards including IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Businesses disposed identified as discontinued operations.
Change
Auditor's report contains disclosure of key audit matters.