Share-based payments

Halfords Group plc Monitor

Halfords Group plc Annual Report 2018
CR Monitor Issue: 
2019/0114
Company covered: 
Halfords Group plc
Period End: 
30 March, 2018
Report issued on 22 January 2019 covered the following practice issues:
Pronouncements
Early adoption of IFRS 9 “Financial Instruments”.
Pronouncements
Extended disclosure of the future expected impacts of IFRS 15 “Revenue from Contracts with Customers” and IFRS 16 "Leases".
Change
Disclosure of two new share-based payment plans.
Restatement
Recognition of a prior year restatement in respect of lease commitments and reclassification between intangible and tangible assets.

Dunelm Group plc Monitor

Dunelm Group plc Annual Report 2018
CR Monitor Issue: 
2018/1213
Company covered: 
Dunelm Group plc
Period End: 
30 June, 2018
Report issued on 18 December 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Presentation of a reconciliation of movements in net debt following adoption of an amendment to IAS 7 "Statement of cash flows".
Change
Disclosure on a new share-based payment plan.
Change
Detailed disclosure in respect of business disposal.

Assura plc Monitor

Assura plc Annual Report 2017-18
CR Monitor Issue: 
2018/1105
Company covered: 
Assura plc
Period End: 
31 March, 2018
Report issued on 06 November 2018 covered the following practice issues:
Change
Extended disclosure showing movements in outstanding options.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenue from contracts with customers" and IFRS 16 “Leases”.
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.

Johnson Matthey PLC Monitor

Johnson Matthey PLC Annual Report 2018
CR Monitor Issue: 
2018/0914
Company covered: 
Johnson Matthey PLC
Period End: 
31 March, 2018
Report issued on 17 September 2018 covered the following practice issues:
Change
Disclosure of two new share-based payment plans.
Pronouncements
Extended disclosure in relation to the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Discussion of key audit matters included in audit report.
Change
Inclusion of separate director and auditor responsibility sections in the audit report.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities.
Change
Disclosure in respect of US tax changes including reduction of corporate income tax rate from 35% to 21%.

Drax Group plc Monitor

Drax Group plc Annual Report 2017
CR Monitor Issue: 
2018/0811
Company covered: 
Drax Group plc
Period End: 
31 December, 2017
Report issued on 20 August 2018 covered the following practice issues:
Pronouncements
Extended disclosure in relation to the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Discussion of key audit matters included in auditor's report.
Change
Disclosure of a qualitative description of the factors that make up business acquisition goodwill.
Change
Expansion of detail in the income statement linked to inclusion of additional line items.
Change
Detailed disclosure of new share-based payment plans.
Change
Enhanced segmental reporting including disclosure of capital expenditure by segment.

Compass Group PLC Monitor

Compass Group PLC Annual Report Year
CR Monitor Issue: 
2018/0515
Company covered: 
Compass Group PLC
Period End: 
30 September, 2017
Report issued on 15 May 2018 covered the following practice issues:
Change
Presentation of business combination table showing book values and fair values.
Change
Tabular disclosure of key audit matters included in audit report.
Change
Analysis of the present value of defined benefit obligations between funded and unfunded obligations.
Change
Introduction of a reconciliation table in respect of share-based payment plans.
Change
Disclosure of Non IFRS measures such as "underlying results", "organic revenue" and "organic profit" in the financial statements.
Change
Disclosure of proposed changes to directors remuneration policy.

EI Group plc Monitor

EI Group Annual Report 2017
CR Monitor Issue: 
2018/0411
Company covered: 
EI Group Monitor
Period End: 
30 September 2017
Report issued on 13 April 2018 covered the following practice issues:
Change
Investment properties identified as a class of assets separate from property plant and equipment.
Pronouncements
Extended disclosure in respect of the future impact of new standards.
Change
Presentation of quantified segment breakdown as a result of operating segments meeting IFRS 8 thresholds.
Change
Change in income statement format to remove separate exceptional items column.

Mediclinic plc Monitor

Mediclinic plc Annual Report 2017
CR Monitor Issue: 
2018/0310
Company covered: 
Mediclinic plc
Period End: 
31 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Restatement
Additional goodwill recognised following finalisation of business combination fair values.
Change
Assets and liabilities held for sale disclosed in separate lines on the face of the statement of financial position.
Change
Enhanced disclosure of financial instruments including fair value information.
Change
Disclosure of cash settled share based payment plan.
Change
Auditors' identify new area of audit focus in respect of "risk of fraud in revenue recognition".
Pronouncements
Additional disclosure on early adoption of amendment to IAS 7 "Statement of cash flows"

Micro Focus International plc Monitor

Micro Focus International plc Annual Report 2017
CR Monitor Issue: 
2018/0204
Company covered: 
Micro Focus International plc
Period End: 
30 April, 2017
Report issued on 13 February 2018 covered the following practice issues:
Change
Amortisation of capitalised research and development costs reclassified to cost of sales to achieve comparability.
Change
Goodwill recognised on business acquisition represents value of the assembled workforce and expected future economic benefits.
Pronouncements
Disclosures on amendments to IFRS 2.
Pronouncements
Qualitative disclosures on the future impacts of new revenue standard.
Change
Risk disclosures enhanced by inclusion of flow chart illustrating the risk management cycle.
Change
Disclosure of principal risk factors extended to identify competition as a new risk factor.

Dairy Crest Group plc Monitor

Dairy Crest Group plc Annual Report 2017
CR Monitor Issue: 
2018/0103
Company covered: 
Dairy Crest Group plc
Period End: 
31 March, 2017
Report issued on 2 January 2018 covered the following practice issues:
Change
Proposed changes to directors remuneration policy include introduction of a new long term incentive plan.
Change
Audit report enhanced by inclusion of tabular disclosure outlining changes to risks of material misstatement.
Pronouncements
Disclosure of impending impacts linked to future adoption of new revenue standard.
Change
Assets held for sale disclosed in a separate line on the face of the statement of financial position.