Income statement format

LafargeHolcim Ltd Monitor

LafargeHolcim Ltd Annual Report Year
CR Monitor Issue: 
2018/0617
Company covered: 
LafargeHolcim Ltd
Period End: 
31 December, 2017
Report issued on 20 June 2018 covered the following practice issues:
Pronouncements
Presentation of a reconciliation of movements in financing liabilities following adoption of amendment to IAS 7 "Statement of cashflows"
Change
Results of joint ventures reclassified within operating profit.
Change
Change in definition of highlighted measure of EBITDA.
Change
Auditors' report enhanced by inclusion of application of materiality and overview of audit scope sections.
Change
Introduction of a discussion on key risks in the strategic report.
Change
Summarised disclosure of proposed changes to the directors remuneration policy.

Nokia Corporation Monitor

Nokia Corporation Annual Report 2017
CR Monitor Issue: 
2018/0522
Company covered: 
Nokia Corporation
Period End: 
31 December, 2017
Report issued on 29 May 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of new standards issued but not yet adopted IFRS 9 and IFRS 15.
Pronouncements
Introduction of a reconciliation of movements in liabilities arising from financing activities.
Restatement
Change in segment reporting structure following split of former operating segment.
Restatement
Change in cost allocations in the income statement.

easyJet plc Monitor

easyJet plc Annual Report 2017
CR Monitor Issue: 
2018/0207
Company covered: 
easyJet plc
Period End: 
30 September, 2017
Report issued on 20 February 2017 covered the following practice issues:
Change
Multi-column income statement format employed highlighting separately headline and non-headline items.
Change
Additional disclosure of earnings per share on a headline earnings basis.
Change
Change in the treatment of maintenance costs in respect of sale and leaseback assets.
Change
Tabular disclosure of key audit matters included in auditors report.

Electrocomponents plc Monitor

Electrocomponents plc Annual Report 2017
CR Monitor Issue: 
2018/0106
Company covered: 
Electrocomponents plc
Period End: 
31 March, 2017
Report issued on 9 January 2018 covered the following practice issues:
Change
Geographical breakdown of revenue and non-current assets included within segment information note.
Restatement
Income statement restated to reallocate costs from distribution & marketing expenses to costs of sales.
Pronouncements
Change in presentation in respect of cash pooling arrangements.
Pronouncements
Introduction of disclosure on Alternative Performance Measures.

BTG plc Monitor

BTG plc Annual Report 2017
CR Monitor Issue: 
2018/0104
Company covered: 
BTG plc
Period End: 
31 March, 2017
Report issued on 9 January 2018 covered the following practice issues:
New
Book values, fair value adjustments and fair values disclosed in a tabular format in respect of business acquired.
Pronouncements
Section discussing Alternative Performance Measures introduced to the annual report.
Change
Change in income statement format results in less dis-aggregation.
Change
Enhanced analysis of deferred tax assets.
Change
Change in method for calculating impairment test recoverable amount.
Change
Change in balance sheet format leads to less dis-aggregation.

Carpetright plc Monitor

Carpetright plc Annual Report 2017
CR Monitor Issue: 
2018/0105
Company covered: 
Carpetright plc
Period End: 
29 April, 2017
Report issued on 9 January 2018 covered the following practice issues:
Change
Multi-column format income statement highlights underlying performance and separately reported items.
Pronouncements
Enhanced disclosure in respect of the future impacts of new accounting standards including IFRS 15, IFRS 16 and IFRS 9.
Pronouncements
Introduction of disclosure on Alternate Performance Measures.
Change
New principal risk identified in relation to business continuity planning.

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.

Antofagasta plc Monitor

Antofagasta plc Annual Report 2016
CR Monitor Issue: 
2017/1108
Company covered: 
Antofagasta plc
Period End: 
31 December, 2016
Report issued on 21 November 2017 covered the following practice issues:
Change
Exceptional items including impairments highlighted separately on the face of the income statement by way of a multi-column format.
Change
Results of subsidiary disposed disclosed separately as a discontinued operation.
Change
Disclosure of negative investment in joint venture.
Change
Presentation of deferred tax assets by reporting segment.
Change
Tabular disclosure of principal risks includes new risk factor in respect of "Corruption activities".
Pronouncements
Quantified disclosure of the expected impact of new leasing standard.

A.G. BARR p.l.c Monitor

A.G. BARR p.l.c Annual Report 2016
CR Monitor Issue: 
2017/1002
Company covered: 
A.G. BARR p.l.c
Period End: 
28 January, 2017
Report issued on 03 October 2017 covered the following practice issues:
Pronouncements
Disclosure of expected impact of adoption of IFRS 16 "Leases" including quantification.
Change
Pension "curtailment" gain recognised following closure of scheme to future accrual.
New
Exceptional items highlighted in a separate column on the face of the income statement.
Change
Changes to non-audit fees policy linked to FRC ethical standard

William Hill PLC Monitor

William Hill PLC Annual Report 2016
CR Monitor Issue: 
2017/0705
Company covered: 
William Hill PLC
Period End: 
27 December, 2016
Report issued on 11 July 2017 covered the following practice issues:
Change
Income statement format altered to highlight adjustments to statutory results other than exceptional items.
Change
Newly recognised financial instruments categorised in line with IAS 39.
Change
Detailed breakdown of fair value of assets and liabilities in respect of a 100% business acquisition.
Change
Identification of "transformation programme" as a new principal risk factor.
Restatement
Segment reporting restated following merger of "Telephone" and "Online" segments.