IFRIC 13 'Customer loyalty programmes'

Halma plc Monitor

Halma plc Annual Report 2018
CR Monitor Issue: 
Company covered: 
Halma plc
Period End: 
31 March, 2018
Report issued on 12 February 2019 covered the following practice issues:
Disclosure in respect of the expected impact of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers” and IFRS 16 “Leases”.
Deferred tax changes recognised following changes to US tax legislation.
Presentation of a reconciliation of movements in liabilities following adoption of an amendment to IAS 7 "Statement of cash flows".
Extended disclosure in respect of contingent liabilities.

TeliaSonera AB Period End 31 December 2009

TeliaSonera AB Annual Report 2009
Changes in value of minority put options now recognised as adjustments to goodwill
Swedish mobile phone company TeliaSonera changes its accounting policy in respect of changes in the value of liabilities arising from put options over minority interests which are now recognised as adjustments to goodwill instead of passing through the income statement.

Eni SpA Period End 31 December 2009

Eni SpA Annual Report 2009
Commitments shifted from narrative to table
Italian oil and gas company Eni discloses, in a table of commitments, expected capital expenditures over a number of years, with the comparative figure increased from €205 million to €13.4 billion, but leaves it unclear whether the amounts were aggregated with other figures in its prior year liquidity disclosures.

Air France-KLM SA Period End 31 March 2009

Air France-KLM Annual Report 2009

Equity reduced 6% by revised treatment of loyalty programme
French airline Air France-KLM restates its accounts on early adoption of IFRIC 13 "Customer loyalty programmes", reducing comparative equity by 6% and increasing deferred revenue on ticket sales by 41.1%.

Increased disclosure as regulators act on rating agencies
French airline Air France-KLM publishes a policy on counterparty risk management that includes information from a credit rating agency, as European regulators consider action to improve agencies' performance.

Bouygues SA Period End 31 December 2007

Bouygues Annual Report Year 2007

Another company moves away from the corridor method for pensions
French construction and media company Bouygues moves from the corridor method to immediate recognition outside the income statement for actuarial gains and losses on measurement of its pension obligations.