Cash flow statements

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.

Dunelm Group plc Monitor

Dunelm Group plc Annual Report 2016
CR Monitor Issue: 
2017/0212
Company covered: 
Dunelm Group plc
Period End: 
2 July, 2016
Report issued on 27 February 2017 covered the following practice issues:
Change
Identification of “brexit risk” as a new principal risk factor.
Change
Change in accounting policy related to borrowing costs.
Restatement
Restatement of figures in cash flow from financing activity without explanation.
Change
Extended disclosure in relation to financial risks like credit risk, liquidity risk and market risks.

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.

Johnson Matthey Plc Monitor

Johnson Matthey Plc Annual Report 2016
CR Monitor Issue: 
2017/0113
Company covered: 
Johnson Matthey Plc
Period End: 
31 March, 2016
Report issued on 31 January 2017 covered the following practice issues:
Change
Recoverable amount quantified in respect of assets impaired as part of restructuring programme.
Change
Expiry details disclosed in relation to deductible temporary differences, unused tax losses and unused tax credit for which no deferred tax is recognised.
Change
Reclassification of line items in cash flow statement brings presentation into line with IFRS
Change
Graphical presentations added to audit report as part of discussion of materiality and audit scope.
Restatement
Restatement of prior year figures as a result of finalisation of provisionally accounted business acquisition.
Change
Graphical presentation presented to illustrate risk management process.

Carpetright plc Monitor

Carpetright plc Annual Report 2016
CR Monitor Issue: 
2017/0106
Company covered: 
Carpetright plc
Period End: 
30 April, 2016
Report issued on 16 January 2017 covered the following practice issues:
Restatement
Statement of cash flow restated without full explanation.
New
Restricted cash recognised on disposal of properties.
Change
Reduction in tax rates results in reducing deferred tax liability.
Pronouncements
Viability statement looking forward for five years presented.