IAS 7 (revised) 'Statement of cash flows'

Entertainment One Monitor

Entertainment One Annual Report 2018
CR Monitor Issue: 
2018/1117
Company covered: 
Entertainment One
Period End: 
31 March, 2018
Report issued on 27 November 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit 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".
Restatement
Recognition of prior year restatements to correct accounting errors.

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.

Phoenix Group Plc Monitor

Phoenix Group Plc Annual Report 2017
CR Monitor Issue: 
2018/1111
Company covered: 
Phoenix Group Plc
Period End: 
31 December, 2017
Report issued on 20 November 2018 covered the following practice issues:
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows".
Change
Reclassification of collective investment schemes from Level 2 to Level 1 of the fair value hierarchy.
Change
Extended discussion of accounting estimates and judgements including extended disclosure of critical accounting judgements.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers", , and IFRS 17 “Insurance contracts”.

Great Portland Estates plc Monitor

Great Portland Estates Annual Report 2018
CR Monitor Issue: 
2018/1112
Company covered: 
Great Portland Estates
Period End: 
31 March, 2018
Report issued on 20 November 2018 covered the following practice issues:
Restatement
Prior period cash flow restatement following review by the financial reporting council.
Pronouncements
Presentation of a reconciliation of movements in liabilities from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows"
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
Disclosure of reduction in corporate tax rate.
Change
Discussion of key audit matters included in audit report.
Change
Extended disclosure in respect of alternative performance measures.

Mondi plc Monitor

Mondi plc Annual Report 2017
CR Monitor Issue: 
2018/1113
Company covered: 
Mondi plc
Period End: 
31 December, 2017
Report issued on 20 November 2018 covered the following practice issues:
Change
Dis-aggregation of gross cash receipts and gross cash payments arising from financing activities.
Change
Discussion of key audit matters included in audit report.
Change
Changes made to internal segmental reporting structure.
Change
Inclusion of two subsidiaries as material non-wholly-owned subsidiary which were previously disclosed as immaterial subsidiaries with non-controlling interests.
Change
Disclosure of nature and financial effect of material non-adjusting post balance sheet event.
Change
Extended disclosure in respect of alternative performance measures.

Equiniti Group plc Monitor

Equiniti Group plc Annual Report 2017
CR Monitor Issue: 
2018/1114
Company covered: 
Equiniti Group plc
Period End: 
31 December, 2017
Report issued on 20 November 2018 covered the following practice issues:
Change
Disclosure of key audit matters included within the auditor’s report.
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".
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows".
Restatement
Presentation changes made in the income statement.
Change
Disclosure of main risks linked to defined benefit pension scheme.
Restatement
Restatement of basic and diluted EPS.

Rio Tinto Plc Monitor

Rio Tinto Plc Annual Report 2017
CR Monitor Issue: 
2018/1106
Company covered: 
Rio Tinto Plc
Period End: 
31 December, 2017
Report issued on 13 November 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts 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 treatment”.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows".
Change
Detailed disclosure of post balance sheet events.
Change
Extended disclosure in respect of contingent liabilities.
Restatement
Restatement of prior year comparatives in respect of leases, trade receivables and trade payables.

Glencore plc Monitor

Glencore plc Annual Report 2017
CR Monitor Issue: 
2018/1107
Company covered: 
Glencore plc
Period End: 
31 December, 2017
Report issued on 13 November 2018 covered the following practice issues:
Pronouncements
Disclosure added in respect of impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers".
Change
Presentation of a detailed reconciliation of movements in borrowings following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Disclosure added in respect of the sale of a business in accordance with IFRS 5 "Non-current assets held for sale and discontinued operations".
Change
Discussion of key audit matters included in audit report.
Change
Deferred tax balance impacted due to reduction in tax rates.
Change
Extended disclosure of principal risks including identification of Cyber Crime as a new risk factor.

Ferrexpo plc Monitor

Ferrexpo plc Annual Report 2017
CR Monitor Issue: 
2018/1108
Company covered: 
Ferrexpo plc
Period End: 
31 December, 2017
Report issued on 13 November 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts 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”.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Extended disclosure in respect of alternative performance measures.
Change
Recognition of defined benefit past service cost and curtailment gains.

G4S plc Monitor

G4S plc Annual Report 2017
CR Monitor Issue: 
2018/1102
Company covered: 
G4S plc
Period End: 
31 December, 2017
Report issued on 6 November 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenue from contracts with customers", IFRS 9 "Financial instruments", and IFRS 16 "Leases".
Change
Change in deferred tax recognised linked to reduction in US tax rate.
Change
Extended disclosure of revenue and non-current assets for the country of domicile.
Restatement
Correction of prior year misstatement in respect of operating lease commitments.