IAS 7 (revised) 'Statement of cash flows'

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.

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.

AP Moller-Maersk A/S Monitor

AP Moller-Maersk A/S Annual Report 2017
CR Monitor Issue: 
2018/0410
Company covered: 
AP Moller-Maersk A/S
Period End: 
31 December,2017
Report issued on 10 April 2018 covered the following practice issues:
Change
Summarised information disclosed in respect of discontinued operations.
Pronouncements
Quantified disclosure as to the future impact of IFRS 16.
Change
Risk disclosures include presentation of a risk heat map.
Change
Disclosure of borrowings includes a reconciliation of movements.

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.

Vedanta Resources plc Monitor

Vedanta Resources plc Annual Report 2017
CR Monitor Issue: 
2018/0312
Company covered: 
Vedanta Resources plc
Period End: 
31 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Change
Internal restructuring leads to reduction in subsidiary percentage shareholding.
Pronouncements
Disclosure on new standards and amendments to existing standards that are not yet adopted.
Change
Auditors report presentation enhanced including inclusion of overview section.
New
Sustainability report disclosures enhanced by inclusion of materiality matrix.
Change
Alternative performance measures section added to annual report.
Change
Increase in decommissioning provision linked to change in prior year discount rate.

Mediclinic plc Monitor

Mediclinic plc Annual Report 2017
CR Monitor Issue: 
2018/0310
Company covered: 
Mediclinic plc
Period End: 
31 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Restatement
Additional goodwill recognised following finalisation of business combination fair values.
Change
Assets and liabilities held for sale disclosed in separate lines on the face of the statement of financial position.
Change
Enhanced disclosure of financial instruments including fair value information.
Change
Disclosure of cash settled share based payment plan.
Change
Auditors' identify new area of audit focus in respect of "risk of fraud in revenue recognition".
Pronouncements
Additional disclosure on early adoption of amendment to IAS 7 "Statement of cash flows"

Sports Direct International plc Monitor

Sports Direct International plc Annual Report 2017
CR Monitor Issue: 
2018/0205
Company covered: 
Sports Direct International plc
Period End: 
30 April, 2017
Report issued on 13 February 2018 covered the following practice issues:
Restatement
Segment reporting structure altered to show international retail business separately.
Change
Aggregate information disclosed in respect of immaterial business combinations.
Change
Profit on disposal of a subsidiary highlighted on the face of the income statement.
Change
Introduction of detailed disclosure in respect of related parties.
Change
Purchase of company strategic stakes disclosed in post balance sheet events note.
Change
Identification of "brexit" as a new principal risk factor.

J Sainsbury plc Monitor

J Sainsbury plc Annual Report 2017
CR Monitor Issue: 
2018/0115
Company covered: 
J Sainsbury plc
Period End: 
11 March, 2017
Report issued on 30 January 2018 covered the following practice issues:
New
Presentation of a detailed breakdown of provisional business combination fair values.
Pronouncements
Non-quantified disclosure of future impacts on adoption of IFRS 9, IFRS 15 and IFRS 16.
Change
Segment disclosures enhanced by inclusion of cash flow breakdown.
Change
Remuneration report includes disclosure of proposed changes in directors remuneration.
Change
Financial risk management disclosures enhanced by inclusion of analysis of maximum credit risk exposures.

Barratt Developments plc Monitor

Barratt Developments plc Annual Report Year
CR Monitor Issue: 
2018/0107
Company covered: 
Barratt Developments plc
Period End: 
30 June, 2017
Report issued on 16 January 2018 covered the following practice issues:
Pronouncements
Enhanced disclosure in respect of the impending future impacts of new accounting standards including IFRS 9, IFRS 15 and IFRS 16.
Change
Separate disclosure of equity accounted investment cash flows on a gross basis.
New
Disclosure of non-adjusting post balance sheet events included in the notes to the accounts.
Change
Presentation of the audit report enhanced by inclusion of a diagram showing the application of materiality.

Yara International ASA Monitor

Yara International Annual Report 2016
CR Monitor Issue: 
2017/1109
Company covered: 
Yara International ASA
Period End: 
31 December, 2016
Report issued on 21 November 2017 covered the following practice issues:
Pronouncements
Extended disclosure on expected impacts of impending new revenue standard.
New
Introduction of disclosure in relation to critical judgements.
New
Introduction of tabular presentation explaining future potential reversals of impairment.
Change
Cash flows linked to divested assets disclosed separately in the cash flow statement.
Change
Inclusion of contingent consideration within financial instruments disclosures.
Pronouncements
Detail explanation of amendments to standards that are not yet effective.