Germany

Bayerische Motoren Werke AG Monitor

Bayerische Motoren Werke AG Annual Report 2017
CR Monitor Issue: 
2018/0618
Company covered: 
Bayerische Motoren Werke AG
Period End: 
31 December, 2017
Report issued on 20 June 2018 covered the following practice issues:
Pronouncements
Disclosure of financial impact of new accounting standards issued but not yet effective: IFRS 9 "Financial instruments", IFRS 15 " Revenues from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 “Statement of cash flows”.
Change
Inclusion of a discussion on key audit matters in the auditors' report.
Change
Introduction of a table disclosing the valuation method and the inputs used for level 3 financial instruments.
Change
Increased disaggregation of contingent liabilities analysis.
New
Disclosure of directors remuneration enhanced by inclusion of remuneration analysis diagram.

E.ON SE Monitor

E.ON SE Annual Report 2017
CR Monitor Issue: 
2018/0518
Company covered: 
E.ON SE
Period End: 
31 December, 2017
Report issued on 22 May 2018 covered the following practice issues:
Change
Extended disclosure of key audit matters included in audit report.
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7 "Statement of cash flows".
Pronouncements
Extended disclosure in respect of new standards issued but not yet applicable including impact quantification.

Deutsche Telekom AG Monitor

Deutsche Telekom AG Annual Report 2017
CR Monitor Issue: 
2018/0520
Company covered: 
Deutsche Telekom AG
Period End: 
31 December, 2017
Report issued on 22 May 2018 covered the following practice issues:
Pronouncements
Disclosure of reconciliation of changes in liabilities arising from financing activities on adoption of amendment to IAS 7.
Pronouncements
Extended disclosure in respect of IFRS 15 “Revenue from contracts with customers”.
Change
Change in segment reporting structure.
Change
Discussion of key audit matters included in audit report.
Change
Change in the presentation of deferred tax information.
Restatement
Restatement of operating lease obligations.

Beiersdorf AG Monitor

Beiersdorf AG Annual Report 2017
CR Monitor Issue: 
2018/0504
Company covered: 
Beiersdorf AG
Period End: 
31 December, 2017
Report issued on 01 May 2018 covered the following practice issues:
Pronouncements
Audit report includes disclosure of key audit matters.
Change
Tabular presentation added to risk disclosures.
Pronouncements
Extended disclosure in respect of new accounting standards including IFRS 9, IFRS 15 and IFRS 16

Merck KGaA Monitor

Merck KGaA Annual Report 2017
CR Monitor Issue: 
2018/0415
Company covered: 
Merck KGaA
Period End: 
31 December, 2017
Report issued on 16 April 2018 covered the following practice issues:
Restatement
Finalisation of prior year provisional business combination amounts.
Pronouncements
Disclosure of the future impacts of new standards yet to be adopted including IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers".
Change
Audit report enhanced by inclusion of key audit matters.
Change
Segment disclosures extended.

Adidas AG Monitor

Adidas AG Annual Report 2017
CR Monitor Issue: 
2018/0412
Company covered: 
Adidas AG
Period End: 
31 December, 2017
Report issued on 15 April 2018 covered the following practice issues:
Pronouncements
Additional disclosure of changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure in respect of new accounting standards including IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Businesses disposed identified as discontinued operations.
Change
Auditor's report contains disclosure of key audit matters.

Henkel AG & Co. KGaA Monitor

Henkel AG & Co. KGaA Annual Report 2017
CR Monitor Issue: 
2018/0409
Company covered: 
Henkel AG & Co. KGaA
Period End: 
31 December, 2017
Report issued on 10 April 2018 covered the following practice issues:
Pronouncements
Additional cash flow disclosure in relation to changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure on the expected future impacts of new accounting standards.
Restatement
Finalisation of prior year business combination amounts.
Change
Audit report includes discussion of key audit matters.

RWE AG Monitor

Company Name Annual Report Year
CR Monitor Issue: 
2018/0408
Company covered: 
RWE AG
Period End: 
31 December, 2017
Report issued on 10 April 2018 covered the following practice issues:
Pronouncements
Additional cash flow disclosure of changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure on the future impacts of new standards.
Change
Audit report extended by inclusion of additional key audit matters
Change
Change in segment analysis.
Change
Expanded risk disclosures.

Infineon Technologies AG Annual Report

Infineon Technologies AG Annual Report 2017
CR Monitor Issue: 
2018/0212
Company covered: 
Infineon Technologies AG
Period End: 
30 September, 2017
Report issued on 27 February 2017 covered the following practice issues:
Pronouncements
Disclosure of future impacts of new standards yet to be adopted including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Discussion of key audit matters included in audit report.
Change
Loss on disposal of subsidiary included in other operating expenses.

Siemens AG Monitor

Siemens Aktiengesellschaft Annual Report 2017
CR Monitor Issue: 
2018/0213
Company covered: 
Siemens AG
Period End: 
30 September, 2017
Report issued on 27 February 2018 covered the following practice issues:
Pronouncements
Discussion of key audit matters included in auditors report.
Pronouncements
Disclosure of impacts of new standards issued but not yet applicable including IFRS 9 "Financial instruments" and IFRS 15 "Revenue from contracts with customers"
Change
Added disclosure in respect of a subsidiary with a material non-controlling interest.