IFRS 12 'Disclosure of interests in other entities'

ASML Holding N.V. Monitor

ASML Holding N.V. Annual Report 2017
CR Monitor Issue: 
2018/0413
Company covered: 
ASML Holding N.V.
Period End: 
31 December, 2017
Report issued on 15 April 2018 covered the following practice issues:
Restatement
Restatement of sales breakdown included in segment disclosures.
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 "Statement of cash flows"
Pronouncements
Extended disclosure in respect of new standards including quantification of the expected impact of IFRS 16 "Leases".
Change
Summary information disclosed in respect of newly acquired associate.
Change
Disclosure of related party transactions with associate.

Henkel AG & Co. KGaA Monitor

Henkel AG & Co. KGaA Annual Report 2017
CR Monitor Issue: 
2018/0409
Company covered: 
Henkel AG & Co. KGaA
Period End: 
31 December, 2017
Report issued on 10 April 2018 covered the following practice issues:
Pronouncements
Additional cash flow disclosure in relation to changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure on the expected future impacts of new accounting standards.
Restatement
Finalisation of prior year business combination amounts.
Change
Audit report includes discussion of key audit matters.

Siemens AG Monitor

Siemens Aktiengesellschaft Annual Report 2017
CR Monitor Issue: 
2018/0213
Company covered: 
Siemens AG
Period End: 
30 September, 2017
Report issued on 27 February 2018 covered the following practice issues:
Pronouncements
Discussion of key audit matters included in auditors report.
Pronouncements
Disclosure of impacts of new standards issued but not yet applicable including IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers"
Change
Added disclosure in respect of a subsidiary with a material non-controlling interest.

SuperGroup Plc Monitor

SuperGroup Plc Annual Report 2016
CR Monitor Issue: 
2017/0409
Company covered: 
SuperGroup Plc
Period End: 
30 April, 2016
Report issued on 18 April 2017 covered the following practice issues:
Restatement
Cash flow statement restated bringing presentation into line with stated policy.
Restatement
Segment information restated following allocation of central costs.
Change
Financial statements presented for an extended 53 week accounting period.
Change
Introduction of a reconciliation table showing movements in deferred tax balances.
Change
Disclosure of joint ventures introduced.

British Land Company PLC Monitor

British Land Company PLC Annual Report 2016
CR Monitor Issue: 
2017/0208
Company covered: 
British Land Company PLC
Period End: 
31 March, 2016
Report issued on 20 February 2017 covered the following practice issues:
Change
Change in format of the income statement.
Change
Cash flow from acquisition of additional interest in subsidiary reclassified to financing activities from investing activities.
Change
Identification of new reportable segment.
Change
Disclosure of new input used for valuation of investment property.
Change
Change in presentation for calculation of leverage ratio and financial covenants applicable for unsecured debt.
Divergence
Disclosure of summarised financial information in respect of subsidiary with material non-controlling interests not fully in line with information suggested by IFRS.

Ophir Energy plc Monitor

Ophir Energy plc Annual Report 2015
CR Monitor Issue: 
2016/1207
Company covered: 
Ophir Energy plc
Period End: 
31 December, 2015
Report issued on 19 December 2016 covered the following practice issues:
New
Disclosure on business combinations including fair values of net assets acquired.
New
Computation of Gross profit reflected in the income statement for the first time this year following business combination.
Inconsistent
Summarised joint venture information disclosed not fully in line with IFRS.
New
Impairment recognised in relation to newly acquired oil and gas properties.
New
Capital instrument disclosures extended to reflect information on interest bearing bank loans and bonds.
Change
Financial instrument disclosures extended to include information on contractual maturities of non-derivative financial liabilities.

National Grid plc Monitor

National Grid plc Annual Report 2016
CR Monitor Issue: 
2016/1101
Company covered: 
National Grid plc
Period End: 
31 March, 2016
Report issued on 1 November 2016 covered the following practice issues:
Change
Enhanced clarity of audit report by using graphical and tabular presentations.
Change
Disclosure of summarised financial information for a material joint venture.
Change
Segment analysis of net book value of property, plant and machinery and other intangible asset presented.
Change
Disclosure of aggregated information relating to pensions and other post-retirement benefits.

Big Yellow Group PLC Monitor

Big Yellow Group PLC  Annual Report 2016
CR Monitor Issue: 
2016/1007
Company covered: 
Big Yellow Group PLC
Period End: 
31 March, 2016
Report issued on 17 October 2016 covered the following practice issues:
Change
Discussion of a new area of risk in the table of Principal risks.
Change
Restatement of summarised financial information for investment in associate following change in accounting treatment of a lease.
Restatement
Expanded breakdown of cash flows from borrowings within financing activity section of the cash flow statement.
New
Acquisition of new stores identified as post balance sheet event.
Change
Viability statement looking forward for four years presented.
Pronouncements
Presentation of a full list of subsidiaries rather than just principal subsidiaries.

Amec Foster Wheeler plc Monitor

Amec Foster Wheeler plc Annual Report 2015
CR Monitor Issue: 
2016/1003
Company covered: 
Amec Foster Wheeler plc
Period End: 
31 December, 2015
Report issued on 4 October 2016 covered the following practice issues:
Change
Restatement of financial statements due to finalisation of provisional business combination accounting.
Change
Change in presentation of reporting segments.
New
Recognition of goodwill impairment leading to a net loss for the year.
New
Disclosure of material joint venture.
Change
Disclosure of intention to close defined benefit pension schemes to future accrual.

Rolls-Royce Holdings plc Monitor

Rolls-Royce Holdings plc Annual Report 2015
CR Monitor Issue: 
2016/0704
Company covered: 
Rolls-Royce Holdings plc
Period End: 
31 December, 2015
Report issued on 29 July 2016 covered the following practice issues:
Change
Summarised asset and liability information presented in respect of joint ventures.
New
Presentation of viability statement looking forward five years.
Restatement
Restatement of segmental information following disposal of energy business.
Change
Research and development and other costs disclosed by segment.
New
Goodwill impaired due to poor market conditions caused by a low crude oil price and a low order intake.
New
Impairment of aftermarket rights intangible reversed.