Cash flow statements

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.

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".

Booker group plc Monitor

Booker group plc Annual Report 2017
CR Monitor Issue: 
2017/1106
Company covered: 
Booker group plc
Period End: 
24 March, 2017
Report issued on 14 November 2017 covered the following practice issues:
Pronouncements
Improved disclosures on new standards on Revenue from contracts with customers, financial instruments and leases.
Change
Disclosure of risks associated with defined benefit pension schemes.
New
Sensitivity analysis disclosed in respect of property provisions.
Change
Audit report enhanced by inclusion of overview section and diagrams in respect of audit scope and materiality.
Change
Cash flows linked to interest paid re-classified from operating activities to financing activities in the cash flow statement.

Ryanair Ltd Monitor

Ryanair Ltd Annual Report 2017
CR Monitor Issue: 
2017/1103
Company covered: 
Ryanair Ltd
Period End: 
31 March, 2017
Report issued on 07 November 2017 covered the following practice issues:
Pronouncements
Additional disclosures on new impending standards on leases and revenue from contracts with customers.
Change
Cash flows linked to interest paid and interest received disclosed separately.
Change
Discussion of new principal risk factor added within the strategic report in relation to "Substantial dependence over discretionary air travel".

UPM-Kymmene Corporation Monitor

UPM-Kymmene Corporation Annual Report 2016
CR Monitor Issue: 
2017/0706
Company covered: 
UPM-Kymmene Corporation
Period End: 
31 December, 2016
Report issued on 11 July 2017 covered the following practice issues:
Change
Underlying reasons for recognition of impairments disclosed.
Change
Change in presentation of cash flow statement to add separate line items for net cash flows from investment hedges and net cash flows from derivatives.
Pronouncements
Auditors report enhanced by inclusion of discussion of key audit matters in line with new auditing standard.
Pronouncements
Introduction of a discussion on new accounting standards in relation to revenue, financial instruments and leases.
New
Additional discussion on Alternative performance measures included.

Hargreaves Lansdown plc Monitor

Hargreaves Lansdown plc Annual Report 2016
CR Monitor Issue: 
2017/0605
Company covered: 
Hargreaves Lansdown plc
Period End: 
30 June, 2016
Report issued on 13 June 2017 covered the following practice issues:
Change
Disclosure of subtotal for "net revenue" in the income statement.
Restatement
Restatement of cash flow statement to reclassify cash flow from purchase of non-controlling interest to financing activities from investing activities.
Change
Capitalisation of development costs extended.
Change
Risk disclosures enhanced by inclusion of details of risk management and internal control framework.
Change
New principal risks identified in respect of "strategic change" and "future regulatory change".

CNH Industrial N.V Monitor

CNH Industrial N.V Annual Report 2016
CR Monitor Issue: 
2017/0513
Company covered: 
CNH Industrial N.V
Period End: 
31 December, 2016
Report issued on 04 April 2017 covered the following practice issues:
Divergence
Financing cash flows from issue and redemption of medium term borrowings presented on a net basis.
Restatement
Carrying value and fair value of securitised receivables restated without explanation.
Restatement
Restatement of number of stock options exercised in the comparative period.

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.

Genus plc Monitor

Genus plc Annual Report 2016
CR Monitor Issue: 
2017/0408
Company covered: 
Genus plc
Period End: 
30 June, 2016
Report issued on 17 April 2017 covered the following practice issues:
Change
Recognition of gain following change of pension inflation index and a liability linked to minimum funding requirement.
Change
Disclosure of expiry period of deferred tax assets regarding losses available for carry forward.
New
Disclosure of post balance sheet events relating to litigation proceeding and formation of partnership .
Restatement
Cash flow statement disclosure restated to include cash acquired on acquisition in investing activities.
Restatement
Financial instrument disclosures restated to exclude other taxes and social security.
Change
Assets under construction presented as a separate class of property plant and equipment.

BT Group plc Monitor

BT Group plc Annual Report 2016
CR Monitor Issue: 
2017/0403
Company covered: 
BT Group plc
Period End: 
31 March, 2016
Report issued on 04 April 2017 covered the following practice issues:
Change
Business combination disclosures include detailed goodwill explanation and fair value information.
Change
New mobile reporting segment identified following business combination.
Change
Commissions paid to dealers identified as an area of audit focus.
Change
Disclosure of critical accounting estimates and judgements extended.
Pronouncements
Detailed disclosure on the future impacts of IFRS 15.
Change
Extended disclosure of inventory information including disaggregation.