Segmental information

Tate & Lyle PLC Monitor

Tate & Lyle PLC Annual Report 2016
CR Monitor Issue: 
2017/03008
Company covered: 
Tate & Lyle PLC
Period End: 
31 March, 2016
Report issued on 21 March 2017 covered the following practice issues:
New
Control of previous joint venture achieved through stepped acquisition.
Restatement
Segment information restated to show joint ventures and associates on an equity accounting basis.
Change
Change in impairment valuation technique from value-in-use to fair value less cost of disposal for goodwill acquired last year.
Change
Table introduced showing cash flow impacts from individual exceptional items.
Change
Narrative description of key factors impacting the sustainability of its effective tax rate presented.
Change
Additional disclosures on accounting estimates and judgement relating to inventories and taxation presented.

Fenner PLC Monitor

Fenner PLC Annual Report 2016
CR Monitor Issue: 
2017/0309
Company covered: 
Fenner PLC
Period End: 
31 August, 2016
Report issued on 21 March 2017 covered the following practice issues:
Pronouncements
Change in accounting policy in respect of offsetting cash pooling arrangements following guidance from the IFRS Interpretations Committee.
New
Disclosure of post balance sheet disposal of a wholly owned subsidiary.
Change
Disclosure of extended information on segment assets and liabilities.
Restatement
Finalisation of provisional fair values attributed to assets and liabilities in respect of a business acquired last year.

Infineon Technologies AG Monitor

Infineon Technologies AG Annual Report 2016
CR Monitor Issue: 
2017/0304
Company covered: 
Infineon Technologies AG
Period End: 
30 September, 2016
Report issued on 14 March 2017 covered the following practice issues:
Restatement
Restatement of segment information as a result of reallocation of a business.
Change
Presentation of deferred tax assets altered to be net of valuation allowance.
Change
Disclosure of items on which no deferred tax assets are recognised is added.

Siemens AG Monitor

Siemens Aktiengesellschaft Annual Report 2016
CR Monitor Issue: 
2017/0301
Company covered: 
Siemens AG
Period End: 
30 September, 2016
Report issued on 7 March 2017 covered the following practice issues:
Pronouncements
Qualitative disclosures in respect of the impact of new revenue standard extended.
Pronouncements
Disclosure of impacts of new impending leasing standard introduced
Change
Narrative disclosure of strategic risks extended to include new risk factors in respect of "continuous low oil/commodity prices" and "footprint".
Restatement
Segment information restated without any explanation.

Sodexo SA Monitor

Sodexo SA Name Annual Report 2016
CR Monitor Issue: 
2017/0303
Company covered: 
Sodexo SA
Period End: 
31 August, 2016
Report issued on 06 March 2017 covered the following practice issues:
Change
Geographical segment entity wide disclosures extended to include separate disclosure of United Kingdom.
Change
Cancellation of treasury shares reduces capital.

Segment Reporting - Sports Direct International plc

Period End: 
24 April, 2016
Period End Date: 
2016-04-24
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
5371 Apparel Retailers
Auditor: 
Grant Thornton

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.

Cable & Wireless Communications Limited Monitor

Cable & Wireless Communications Limited Annual Report 2016
CR Monitor Issue: 
2017/0201
Company covered: 
Cable & Wireless Communications Limited
Period End: 
31 March, 2016
Report issued on 07 February 2017 covered the following practice issues:
Change
Change in ownership of the company identified as a post balance sheet event.
Restatement
Restatement of balance sheet following the finalisation of the provisional accounting for prior year business combinations.
Change
Change in segmental reporting due to a change in the organisational management structure.
Change
Disclosure of events leading to reversal of prior year impairments.
Change
Shortened audit report format following acquisition and delisting from the London stock exchange.
Change
Risk disclosures table extended to include three additional risk factors.

Close Brothers Group plc Monitor

Close Brothers Group plc Annual Report 2016
CR Monitor Issue: 
2017/0203
Company covered: 
Close Brothers Group plc
Period End: 
31 July, 2016
Report issued on 7 February 2017 covered the following practice issues:
Change
Change in allocation of depreciation in respect of assets rented out under operating leases.
Change
Changes in presentation of segmental information as a result of allocation of treasury income to individual lending businesses.
Change
Change in calculation of net interest margin and restatement of net margin interest ratio.
Change
Change in disclosure of maximum exposure to the credit risk following restatement of comparative undrawn commitments.
Change
Transfer of listed equity shares from Level 1 to Level 2 within the fair value valuation hierarchy.

Kier Group plc Monitor

Kier Group plc Annual Report 2016
CR Monitor Issue: 
2017/0114
Company covered: 
Kier Group plc
Period End: 
30 June, 2016
Report issued on 31 January 2017 covered the following practice issues:
Restatement
Restatement of comparative information due to finalisation of provisionally accounted business acquisition including the recognition of additional goodwill.
Change
Reallocation of acquired business between reportable segments
Change
Property market identified as a new principal risk area.