Corporate social responsibilty

Compass Group PLC Monitor

Compass Group PLC Annual Report 2016
CR Monitor Issue: 
Company covered: 
Compass Group PLC
Period End: 
30 September, 2016
Report issued on 4 July 2017 covered the following practice issues:
Discussion of corporate social responsibility framed in terms of UN set sustainable development goals.
Disclosures added on evaluation of board performance by external independent party.
Directors remuneration report enhanced by inclusion of remuneration summary.
Greater clarity given in respect of description of provision class.
Reporting segments restated following a change in management structure.

Ferrexpo plc Monitor

Ferrexpo plc Annual Report 2015
CR Monitor Issue: 
Company covered: 
Ferrexpo plc
Period End: 
31 December, 2015
Report issued on 17 January 2017 covered the following practice issues:
Multi-column income statement format adopted highlighting "Special items".
Restricted cash balance on the face of the balance sheet following write down and bank insolvency.
Profit recognised on disposal of available for sale investment previously written down to zero.
Separate tax reconciliation presented in respect of "Special items"
Emphasis of matter paragraph in relation to going concern included in audit report.
New section on 'Risk management' disclosures added.

Euromoney Institutional Investor plc Period End 30 September 2010

Euromoney Institutional Investor Annual Report 2010
High currency sensitivity results from derivatives forward contracts with high nominal value
UK financial publisher Euromoney Institutional Investor reduces the comparative amounts of monetary assets and liabilities denominated in US dollars and increases the comparative effect on equity of a 10% change in the US dollar against sterling to almost half of the net monetary assets, but only inquiry to the company elicits an explanation.

Swedbank AB Period End 31 December 2009

Swedbank AB Annual Report 2009
Large restatement of liquidity disclosures lacks explanation
Swedish bank Swedbank changes the maturities of SEK1.3 trillion comparative loans to the public, leading to a more than fourfold increase in comparative financial assets with maturities over ten years, but offers no explanation whilst misleadingly describing the carrying amounts of financial liabilities as “undiscounted cash flows”.

Domino Printing Sciences plc Period End 31 October 2009

Credit note provision excluded from movements in impairment allowance account
UK printing technology company Domino Printing Sciences restates its table of movements in impairment allowance account to exclude the effect of credit notes issued, whilst silently correcting a prior period error.

Hays plc Period End 30 June 2009

Goodwill sensitivity analysis lacks clarity and write-back of goodwill remains short of detail
UK recruitment agency Hays provides a goodwill sensitivity analysis, although reasons for potential impairment lack clarity, and it continues not to indicate to which acquisition goodwill write back relates.