2350 Construction & Materials

Bouygues SA Monitor

Bouygues Annual Report 2017
CR Monitor Issue: 
2018/0720
Company covered: 
Bouygues
Period End: 
31 December, 2017
Report issued on 24 July 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Restatement
Restatement of segmental information following reallocation of contracts.
Change
Audit report includes separate disclosure of auditor and management responsibilities.

Skanska AB Monitor

Skanska AB Annual Report 2017
CR Monitor Issue: 
2018/0709
Company covered: 
Skanska AB
Period End: 
31 December, 2017
Report issued on 10 July 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the future impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers” and IFRS 16 "Leases".
Change
Nature and estimated financial effect disclosed in respect post balance sheet restructuring.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities on adoption of amendment to IAS 7 "Statement of cash flows".

Assa Abloy AB

Assa Abloy Annual Report 2017
CR Monitor Issue: 
2018/0701
Company covered: 
Assa Abloy Annual Report 2017
Period End: 
31 December, 2017
Report issued on 03 July 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of impacts of IFRS 9 "Financial instruments" and IFRS 15 "Revenues from contracts with customers".
Change
Additional disclosure of taxation in statement of comprehensive income.
Change
Finance lease assets identified as a separate class of property plant and equipment.

LafargeHolcim Ltd Monitor

LafargeHolcim Ltd Annual Report Year
CR Monitor Issue: 
2018/0617
Company covered: 
LafargeHolcim Ltd
Period End: 
31 December, 2017
Report issued on 20 June 2018 covered the following practice issues:
Pronouncements
Presentation of a reconciliation of movements in financing liabilities following adoption of amendment to IAS 7 "Statement of cashflows"
Change
Results of joint ventures reclassified within operating profit.
Change
Change in definition of highlighted measure of EBITDA.
Change
Auditors' report enhanced by inclusion of application of materiality and overview of audit scope sections.
Change
Introduction of a discussion on key risks in the strategic report.
Change
Summarised disclosure of proposed changes to the directors remuneration policy.

Geberit AG Monitor

Geberit AG Annual Report 2017
CR Monitor Issue: 
2018/0606
Company covered: 
Geberit AG
Period End: 
31 December, 2017
Report issued on 12 June 2018 covered the following practice issues:
Pronouncements
Early adoption of IFRS 9 "Financial instruments" leads to disclosure changes.
Pronouncements
Enhanced disclosure in respect of new standards and interpretations not yet applicable.
Pronouncements
Reconciliation of movements in liabilities arsing from financing activities presented following adoption of amendment to IAS 7 "Statement of cash flows"
Change
Change in amortisation treatment of trademarks following a change in brand strategy disclosed in post balance sheet events note
Change
Change in method of measuring currency risk.

Galliford Try plc Monitor

Galliford Try plc Annual Report 2017
CR Monitor Issue: 
2018/0406
Company covered: 
Galliford Try plc
Period End: 
30 June, 2017
Report issued on 10 April 2018 covered the following practice issues:
Pronouncements
Cash and overdraft balances presented on a gross basis following issue of IFRIC guidance.
Change
Goodwill on business combination represents the value of the workforce of the acquired company.
Change
Exceptional items highlighted within a separate column on the face of the income statement.
Change
Enhanced risk disclosures include risk management governance structure diagram and linking of principal risks to strategic aims.
Change
New principal risk factors identified in respect of "Customer satisfaction and quality control", "Ambitious growth targets" and "Forecasting".

Kier Group plc Monitor

Kier Group plc Annual Report 2017
CR Monitor Issue: 
2018/0304
Company covered: 
Kier Group plc
Period End: 
30 June, 2017
Report issued on 06 March 2018 covered the following practice issues:
Change
Mining operations no longer classified as held for sale.
Divergence
Discontinued operations disposal gain included within result from continuing operations.
Change
Business combination disclosures in respect of post balance sheet acquisition.
Change
Provision recognised in relation to safety, health and environment liabilities.
Change
Audit report includes extended information in respect of materiality.
Pronouncements
Non-quantified disclosure of the future impacts of IFRS 16

Travis Perkins plc Monitor

Travis Perkins plc Annual Report 2016
CR Monitor Issue: 
2017/0808
Company covered: 
Travis Perkins plc
Period End: 
31 December, 2016
Report issued on 15 August 2017 covered the following practice issues:
Change
Disclosure of a new note on "revenue reconciliation and like-for-like sales".
Change
Identification of "UK decision to leave the European Union", "Legislation" and "Corporation tax" as new areas of principal risk.
Change
Disclosure of software “assets under construction” as a separate class of intangible asset.
Change
Introduction of graphical presentations to the audit report illustrating materiality and audit scope.
Restatement
Restatement of segment disclosure of capital expenditure without explanation.

Galliford Try plc Monitor

Galliford Try plc Annual Report 2016
CR Monitor Issue: 
2017/0606
Company covered: 
Galliford Try plc
Period End: 
30 June, 2016
Report issued on 13 June 2017 covered the following practice issues:
Restatement
Change in land inventory recognition policy.
Change
Disclosure of insurance buy-in transaction in respect of defined benefit pension scheme.
Change
Risk disclosures enhanced by inclusion of risk heat map.
Change
Disclosure of principal risks regarding "over-reliance", "business management systems" and "business continuity" introduced.
Change
Analysis of financial instrument book values against fair values restated.