1775 General Mining

Vedanta Resources plc Monitor

Vedanta Resources plc Annual Report 2016
CR Monitor Issue: 
2016/1112
Company covered: 
Vedanta Resources plc
Period End: 
31 March, 2016
Report issued on 25 November 2016 covered the following practice issues:
Restatement
Restatement of financial assets-held for trading to re-categorise them from Level 1 to Level 2 of the fair valuation hierarchy.
New
Introduction of a policy statement for bills of exchange payable for the first time in spite of prior year relevance.
Change
Principal risk disclosures enhanced by inclusion of diagram showing the risk management framework.
Change
Reclassification of items between reportable segments following a change in business focus.

BHP Billiton Group. Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2016/0504
Period End: 
31 December 2015
Listing Status: 
FTSE 100, Europe 350
ICB Industry Classification: 
1775 General Mining
Auditor: 
KPMG
Restatement
Restatement to show results of de-merged business as discontinued operation.
New
Joint venture impairment reflected as exceptional item.
Change
Exceptional items analysed by reporting segment.

Anglo American plc Monitor

Anglo American plc Annual Report 2015
CR Monitor Issue: 
2016/0414
Company covered: 
Anglo American plc
Period End: 
31 December, 2015
Report issued on 22 April 2016 covered the following practice issues:
Change
Loss for year partly reduced by valuation adjustment based on own credit quality.
New
Associate converted to joint venture following change in agreement, with no change to equity accounting.
Pronouncements
Brief disclosure of impending leases Standard.
Pronouncements
Extended disclosure on impending Financial instruments Standard.

Rio Tinto plc Monitor

Rio Tinto plc Annual Report 2015
CR Monitor Issue: 
2016/0402
Company covered: 
Rio Tinto plc
Period End: 
31 December, 2015
Report issued on 01 April 2016 covered the following practice issues:
Change
Share buy back through off-market tender and market purchase disclosed.
Change
Impairment leading to loss for year charged against undeveloped project.
Restatement
Segmental information restated following change in corporate functions.
Change
Related opportunities disclosed, as principal risks and uncertainties aligned with value drivers.
Pronouncements
Disclosure on related undertakings under UK Companies Act.

Vedanta Resources plc Monitor

Vedanta Resources Annual Report 2015
CR Monitor Issue: 
2016/0309
Company covered: 
Vedanta Resources
Period End: 
31 March, 2015
Report issued on 29 March 2016 covered the following practice issues:
Change
Impairment loss results in loss before tax for the year.
Change
Forward premium is now part of finance cost instead of other gains and losses.

BHP Billiton plc Monitor

BHP Billiton plc Annual Report 2014
CR Monitor Issue: 
2015/0208
Company covered: 
BHP Billiton plc
Period End: 
30 June 2014
Report issued on 17 February 2015 covered the following practice issues:
Pronouncements
Scope of consolidation extended following revised definition of control.
Pronouncements
Change in accounting treatment of surface mine stripping costs reduces equity at date of transition.
Change
Gain expected on future classification of assets to be demerged as joint venture.
Pronouncements
Offsetting table presented for financial instruments.

Glencore Xstrata plc Monitor

Glencore Xstrata plc Annual Report 2013
CR Monitor Issue: 
2014/1012
Company covered: 
Glencore Xstrata plc
Period End: 
31 December 2013
Report issued on 28 October 2014 covered the following practice issues:
Divergence
Impairment leading to loss for year arising from business combination disclosed in note.
Pronouncements
New pension rules decrease comparative equity.
Pronouncements
Additional disclosures on financial instruments.
Pronouncements
Extended disclosures on consolidated structure, including non-controlling interests.
Change
Voluntary adoption of UK format of directors' remuneration report.
Change
External auditor extends format of report.

Business combinations - Rio Tinto plc

Period End: 
31 December 2010
Period End Date: 
2010-12-31
Listing Status: 
FTSE 100, S&P Europe 350
ICB Industry Classification: 
1775 General Mining
Auditor: 
PricewaterhouseCoopers

Revenue recognition - Vale SA

Period End: 
31 December 2012
Period End Date: 
2012-12-31
Listing Status: 
Listed
ICB Industry Classification: 
1775 General Mining
Auditor: 
PricewaterhouseCoopers