IFRS 10 'Consolidated financial statements'

Anglo American plc Monitor

Anglo American plc  Annual Report 2018
CR Monitor Issue: 
2019/0624
Company covered: 
Anglo American plc
Period End: 
31 December, 2018
Report issued on 28 June 2019 covered the following practice issues:
Restatement
Segmental information restated due to changes in the segmental structure.
Pronouncements
IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments adopted from 1 January 2018.
Pronouncements
Extended disclosures, including quantification of the expected impact of IFRS 16 Leases.
Change
Additional disclosures in the subsequent events note relating to the termination of a contract.
Change
New section in the auditors’ report on the ‘extent to which the audit was considered capable of detecting irregularities, including fraud’.
Change
Loss on curtailment recognised in the income statement due to a transfer of liabilities in a defined benefit pension plan.

OSRAM Licht AG Monitor

OSRAM Licht Annual Report 2019
CR Monitor Issue: 
2019/03016
Company covered: 
OSRAM Licht AG
Period End: 
30 September, 2018
Report issued on 26 March 2019 covered the following practice issues:
Change
Business acquired during the year consolidated by virtue of contractual rights.
Pronouncements
Additional disclosure in respect of the impact of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers”, IFRS 16 “Leases” and IFRIC 23 ‘Uncertainty over income tax treatments’.
Change
Disclosure in respect of events after the reporting period.
Change
Disclosure of a proposed change in the segmental reporting structure.
Change
Detailed discussion of two new key audit matters added to the auditor’s report.
Change
Deferred tax changes recognised following changes to US tax legislation.

Imperial Brands Plc Monitor

Imperial Brands Plc Annual Report 2018
CR Monitor Issue: 
2019/0313
Company covered: 
Imperial Brands Plc
Period End: 
30 September, 2018
Report issued on 19 March 2019 covered the following practice issues:
Pronouncements
Additional disclosure in respect of the impact of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers” and IFRIC 23 “Uncertainty over income tax treatments”.
Change
Extended disclosure in relation to key judgement made in respect of consolidation of subsidiary.
Change
Disclosure made in respect of post balance sheet events.
Change
Detailed discussion of two new key audit matters added to the auditor’s report.
Change
Disclosure of a proposed change in the segmental reporting structure
Change
Provisional values finalised in respect of business acquired in previous year and information in respect of acquisition made during the year.

3i group plc Monitor

3i Group plc Annual Report 2018
CR Monitor Issue: 
2018/1120
Company covered: 
3i group plc
Period End: 
31 March, 2018
Report issued on 27 November 2018 covered the following practice issues:
Change
Summarised disclosure of changes to the directors remuneration policy.
Pronouncements
Extended disclosure in respect of the future impacts of IFRS 15 "Revenue from contracts with customers", IFRS 16 "Leases"and IFRS 9 "Financial instruments".
Change
Additional line item as ‘Transfer from translation reserve to capital reserve’ in its statement of changes in equity.
Change
Reclassification within the cash flow statement.
Change
A new dividend policy proposed.

Rentokil Initial plc Monitor

Rentokil Initial plc Annual Report 2017
CR Monitor Issue: 
2018/1002
Company covered: 
Rentokil Initial plc
Period End: 
31 December, 2017
Report issued on 01 October 2018 covered the following practice issues:
Change
Presentation of profit on disposal of businesses separately on the face of the income statement.
Pronouncements
Disclosure made in respect of the future impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers".
Change
Changes made to segment reporting.
Pronouncements
Disclosure introduced in respect of ammendment to IAS 7 "Statement of cash flows".
Change
Changes made to the calculation of adjusted profit.
Change
Auditor and Director's responsibilities disclosed in separate sections in the audit report.

IMI plc monitor

IMI plc Annual Report 2017
CR Monitor Issue: 
2018/0806
Company covered: 
IMI plc
Period End: 
31 December, 2017
Report issued on 14 August 2018 covered the following practice issues:
Change
Gain recognised linked to pension buy-out.
Change
De-recognition of non-controlling interests in subsidiary and pension partnership.
Change
Disposed business does not meet IFRS 5 definition of discontinued operations.
Change
Disclosure of post balance sheet events including business acquisition and pension scheme wind up.

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.

Fiat Chrysler Automobiles N.V. Monitor

Fiat Chrysler Automobiles N.V. Annual Report 2017
CR Monitor Issue: 
2018/0402
Company covered: 
Fiat Chrysler Automobiles N.V.
Period End: 
31 December, 2017
Report issued on 03 April 2018 covered the following practice issues:
Pronouncements
Adoption of amendment to IAS 7 "Statement of cash flows" results in additional disclosure.
Pronouncements
Extended disclosure in respect of the future impacts of new standards and amendments.
Change
Subsidiary de-consolidated due to a loss of control linked to restrictive monetary policy and inability to pay dividends.

SSE plc Monitor

SSE plc Annual Report 2017
CR Monitor Issue: 
2018/0313
Company covered: 
SSE plc
Period End: 
31 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Change
Equity accounting applied in respect of joint venture investment following loss of control.
Pronouncements
Disclosure of impacts of future adoption of IFRS 9 "Financial instruments".
Pronouncements
Disclosure of expected future impacts of IFRS 15 "Revenues from contracts with customers" on revenue streams.
Pronouncements
Disclosure of expected impacts in respect of future adoption of IFRS 16 "Leases".
Change
Principal risk disclosures enhanced by inclusion of risk heat map.
Change
Alternative performance measures section included in annual report.

Glencore plc Monitor

Glencore plc Annual Report 2016
CR Monitor Issue: 
2017/1105
Company covered: 
Glencore plc
Period End: 
31 December, 2016
Report issued on 14 November 2017 covered the following practice issues:
Change
Disposed business reflected as discontinued operation.
Change
Reclassification from property plant and equipment deferred mining costs to non-current inventory.
Pronouncements
Summarised non-quantified disclosure of the expected future impacts of new standards including IFRS 9, IFRS 15 and IFRS 16.
Change
Cash flows linked to long-term advances and loans reclassified to operating activities from investing activities.
Restatement
Restatement of the comparative figures for Level 2 "cross currency swaps" and "foreign currency and interest rate contracts".