IAS 32 'Financial instruments: disclosure and presentation'

SIG PLC Monitor

SIG PLC Annual Report 2016
CR Monitor Issue: 
2017/1203
Company covered: 
SIG PLC
Period End: 
31 December, 2016
Report issued on 05 December 2017 covered the following practice issues:
Change
Recognition of business disposal impairments.
Change
Recognition of goodwill impairments linked to market and macroeconomic uncertainty.
Change
Change in accounting policy in relation to cash pooling arrangements.
Pronouncements
Enhanced disclosure in respect of the future impacts of new accounting standards including IFRS 15 and IFRS 16.
Change
Added disclosure in respect of non-IFRS alternative performance measures.
Change
Loss recognised on closure of pension scheme to future accrual.

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2017
CR Monitor Issue: 
2017/0807
Company covered: 
JD Sports Fashion Plc
Period End: 
28 January, 2017
Report issued on 15 August 2017 covered the following practice issues:
Change
Book values and provisional fair values disclosed in respect of businesses acquired.
Change
Restatement of earnings per share following share split.
Change
Brexit and cyber security identified as areas of principal risk
Change
Recognition of accelerated depreciation following a review of the useful life of assets.
Change
Introduction of glossary including discussion of alternative performance measures

Koninklijke KPN N.V. Monitor

Koninklijke KPN N.V. Annual Report 2013
CR Monitor Issue: 
2014/1004
Company covered: 
Koninklijke KPN N.V.
Period End: 
31 December 2013
Report issued on 07 October 2014 covered the following practice issues:
Change
Asset impairment, write off of irrecoverable tax and tax gain included in discontinued results.
Change
Hybrid bonds classed as 50% debt, 50% equity.
Change
Preference shares acquired by independent foundation to safeguard company's interest not classed as equity.
Pronouncements
Disclosure on offsetting financial assets and liabilities.

Deutsche Telekom AG Monitor

Deutsche Telekom Annual Report 2013
CR Monitor Issue: 
2014/0814
Company covered: 
Deutsche Telekom AG
Period End: 
31 December 2013
Report issued on 26 August 2014 covered the following practice issues:
Pronouncements
Change in accounting for termination benefits impacts pension costs and obligations.
Change
Goodwill recognised on proportionate basis in partial acquisition.
Divergence
Prospective exchange of licenses contributes to both write-down and disclosure of unexplained expected non-cash gain.
Pronouncements
Table of offset of financial assets and liabilities introduced.

Zurich Insurance Group Ltd Monitor

Zurich Insurance Annual Report 2013
CR Monitor Issue: 
2014/0806
Company covered: 
Zurich Insurance
Period End: 
31 December 2013
Report issued on 12 August 2014 covered the following practice issues:
Pronouncements
Revisions to scope of consolidation decrease comparative total assets and liabilities.
Pronouncements
New pension rules increase comparative profit before tax.
Change
Measures against excessive management remuneration disclosed.
Pronouncements
Additional disclosures on netting arrangements and fair value of investment properties.
Change
Presentational changes impact deferred policy acquisition costs.

Anheuser-Busch Inbev NV/SA Monitor

Anheuser-Busch Inbev NV/SA 2013
CR Monitor Issue: 
2014/0709
Company covered: 
Anheuser-Busch Inbev NV/SA
Period End: 
31 December 2013
Report issued on 21 July 2014 covered the following practice issues:
Change
Fair value gain on business combination in stages increases profit before tax by 52.9%.
Pronouncements
Increased disclosures on pension risks and restatements under new pension rules.
Pronouncements
Offsetting disclosures made for financial assets and liabilities.

Swisscom Ltd Monitor

Swisscom Ltd Annual Report 2013
CR Monitor Issue: 
2014/0510
Company covered: 
Swisscom Ltd
Period End: 
31 December 2013
Report issued on 19 May 2014 covered the following practice issues:
Pronouncements
Adoption of revised pension rules increases comparative equity by 13.5%.
Restatement
Increase in offsetting relating to some roaming charges.
Pronouncements
Early adoption of Amendment on impairment test disclosures.
Change
Changes to remuneration procedures disclosed.