Listed

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.

SOCO International plc Monitor

SOCO International plc Annual Report 2016
CR Monitor Issue: 
2017/0903
Company covered: 
SOCO International plc
Period End: 
31 December, 2016
Report issued on 05 September 2017 covered the following practice issues:
Change
Impairments accounting policy extended to include disclosure of impairment indicators in respect of exploration and evaluation assets.
Change
Audit report enhanced by inclusion of summary of audit approach and tabular disclosure in respect of materiality.
Change
Geographic breakdown added in respect of exploration and evaluation intangible assets.
Change
Human resource, climate change, and cyber risk identified as new areas of principal risk.
New
Introduction of diagram showing risk management structure within risk management report section of the strategic report.

Imagination Technologies Group plc Monitor

Imagination Technologies Group plc Annual Report 2016
CR Monitor Issue: 
2017/0410
Company covered: 
Imagination Technologies Group plc
Period End: 
30 April, 2016
Report issued on 25 April 2017 covered the following practice issues:
Change
Breach of a covenant of a borrowing facility results in re-classification of a liability as current.
Change
Discussion of going concern assumption includes reference to covenant breach.
Change
Disclosure of principal risks extended to include discussion of covenant breach.
Change
Income statement format altered with "separately disclosable items" highlighted in a separate column.
Restatement
Research and development disclosure restated following a more appropriate cost allocation.
New
Separate disclosure of movements in provisions introduced.

Lonmin plc Monitor

Lonmin Plc Annual Report 2016
CR Monitor Issue: 
2017/0306
Company covered: 
Lonmin Plc
Period End: 
30 September, 2016
Report issued on 14 March 2017 covered the following practice issues:
Change
Share capital structure reorganised through sub-division, rights issue and consolidation.
Change
Share bonus issue to maintain Black Economic Empowerment share proportion.
Restatement
Restatement of prior year’s loss per share following rights issue.
Change
Audit report enhanced by inclusion of overview and tabular presentation showing scope of audit work.

Finance leases - Carpetright plc

Period End: 
30 April, 2016
Period End Date: 
2016-04-30
Listing Status: 
Listed
ICB Industry Classification: 
5375 Home Improvement Retailers
Auditor: 
PricewaterhouseCoopers

Carpetright plc Monitor

Carpetright plc Annual Report 2016
CR Monitor Issue: 
2017/0106
Company covered: 
Carpetright plc
Period End: 
30 April, 2016
Report issued on 16 January 2017 covered the following practice issues:
Restatement
Statement of cash flow restated without full explanation.
New
Restricted cash recognised on disposal of properties.
Change
Reduction in tax rates results in reducing deferred tax liability.
Pronouncements
Viability statement looking forward for five years presented.

Ferrexpo plc Monitor

Ferrexpo plc Annual Report 2015
CR Monitor Issue: 
2017\0107
Company covered: 
Ferrexpo plc
Period End: 
31 December, 2015
Report issued on 17 January 2017 covered the following practice issues:
Change
Multi-column income statement format adopted highlighting "Special items".
Change
Restricted cash balance on the face of the balance sheet following write down and bank insolvency.
New
Profit recognised on disposal of available for sale investment previously written down to zero.
New
Separate tax reconciliation presented in respect of "Special items"
Change
Emphasis of matter paragraph in relation to going concern included in audit report.
Change
New section on 'Risk management' disclosures added.

SOCO International plc Monitor

SOCO International plc Annual Report 2015
CR Monitor Issue: 
2016/0909
Company covered: 
SOCO International plc
Period End: 
31 December, 2015
Report issued on 27 September 2016 covered the following practice issues:
Change
Contingent consideration fair valued using non-observable market data reclassified as current asset.
Change
Enhanced clarity of disclosure in respect of audit risk areas of material misstatement.
New
Discussion of risk of material misstatement introduced in respect of contingent consideration receivable.
Pronouncements
Complete list of subsidiary undertakings is disclosed.
New
Graphical presentation introduced to describe the procedure of assessing Board’s independence.

Law Debenture Corporation p.l.c. Monitor

Law Debenture Corporation p.l.c. Annual Report 2015
CR Monitor Issue: 
2016/0902
Company covered: 
Law Debenture Corporation p.l.c.
Period End: 
31 December, 2015
Report issued on 24 June 2016 covered the following practice issues:
New
Disclosure on Fair value of independent fiduciary services (IFS) subsidiaries in order to aid overall group valuation by investors.
Change
Derivative financial instrument designated as net investment hedge.