1773 Diamonds & Gemstones

Gemfields plc Monitor

Gemfields plc Annual Report 2014
CR Monitor Issue: 
2015/0211
Company covered: 
Gemfields plc
Period End: 
30 June 2014
Report issued on 24 February 2015 covered the following practice issues:
Divergence
Change from cash to accrual basis for rough gemstone auction revenue increases pre-tax profit by 30.6%.
Change
Exploration asset transferred from unevaluated mining property to evaluated mining property and inventories.

Gemfields plc Monitor

Gemfields plc Annual Report 2012
CR Monitor Issue: 
2013/0505
Company covered: 
Gemfields plc
Period End: 
30 June 2012
Report issued on 10 May 2013 covered the following practice issues:
Change
Reversal of impairment loss contributes 80.8% of profit.