2720 General Industrials

CNH Industrial N.V Monitor

CNH Industrial N.V Annual Report 2016
CR Monitor Issue: 
2017/0513
Company covered: 
CNH Industrial N.V
Period End: 
31 December, 2016
Report issued on 04 April 2017 covered the following practice issues:
Divergence
Financing cash flows from issue and redemption of medium term borrowings presented on a net basis.
Restatement
Carrying value and fair value of securitised receivables restated without explanation.
Restatement
Restatement of number of stock options exercised in the comparative period.

Financial instruments - CNH Industrial N.V.

Period End: 
31 December, 2016
Period End Date: 
2016-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
2727 Diversified Industrials
Auditor: 
Ernst & Young

DS Smith plc Monitor

DS Smith Plc Annual Report 2016
CR Monitor Issue: 
2016/1203
Company covered: 
DS Smith Plc
Period End: 
30 April, 2016
Report issued on 05 December 2016 covered the following practice issues:
Change
Consideration for business combination expressed on a cash, debt and pension free basis.
Change
‘Cyber risk’ identified as a new principal risk.
Pronouncements
Disclosure of expected changes in non-audit services and non-audit fees policy.
Change
Disclosure of new investment strategy for pension scheme’s assets.

Orkla ASA Monitor

Orkla ASA Annual Report 2015
CR Monitor Issue: 
2016/0808
Company covered: 
Orkla ASA
Period End: 
31 December, 2015
Report issued on 23 August 2016 covered the following practice issues:
Pronouncements
Quantified disclosure of probable impact of impending leases standard.
Change
Presentation of accounting policy in relevant note to the accounts.
Change
Change in presentation of the income statement to show interest amounts separately

Vesuvius plc Monitor

Vesuvius plc Annual Report 2015
CR Monitor Issue: 
2016/0801
Company covered: 
Vesuvius plc
Period End: 
31 December, 2015
Report issued on 12 August 2016 covered the following practice issues:
Change
Option pricing models employed when valuing share-based payments identified.
Change
Malus provision added to existing clawback arrangements in respect of directors remuneration.
New
Restructuring costs identified as a separately reported item.
Change
Obsolete stock provision identified and quantified.
Change
Explanation of what goodwill on business combinations represents.

Rexam plc Monitor

Rexam plc Annual Report 2015
CR Monitor Issue: 
2016/0505
Company covered: 
Rexam plc
Period End: 
31 December, 2015
Report issued on 10 May 2016 covered the following practice issues:
Change
Takeover of the company awaiting shareholder's approval.
Divergence
Effect of change in estimated useful life of machinery for future period is not shown.
Change
Deferred tax assets recognised in respect of tax losses now considered recoverable.
Restatement
Settlement of government indirect tax incentive restated from financing cash flow to operating cash flow.
New
Goodwill recognised on business combination.
Change
Extended associated undertaking summary financial information including current and non-current assets.

Orkla ASA Monitor

Orkla ASA Annual Report 2014
CR Monitor Issue: 
2015/0905
Company covered: 
Orkla ASA
Period End: 
31 December, 2014
Report issued on 10 September 2015 covered the following practice issues:
Pronouncements
Unquantified disclosures on new financial instruments Standard.

RPC Group plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0111
Period End: 
30 September 2014
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
2723 Containers & Packaging
Auditor: 
KPMG
Pronouncements
Joint venture moves to equity method from proportionate consolidation.
Divergence
Remuneration transaction arising from business combination described as "contingent consideration".
Change
"Adjusted items" presented separately on face of income statement.

Smiths Group plc Monitor

Smiths Group plc Annual Report 2014
CR Monitor Issue: 
2014/1208
Company covered: 
Smiths Group plc
Period End: 
31 July 2014
Report issued on 16 December 2014 covered the following practice issues:
Pronouncements
Separate offsetting tables introduced for cash and overdraft balances and for derivatives.
Pronouncements
Fair value hierarchy table introduced, with additional disclosures of valuation inputs used.

DS Smith plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2014/0405
Period End: 
31 October 2013
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
2723 Containers & Packaging
Auditor: 
Deloitte
Pronouncements
Revised pension rules decrease comparative annual profit.
Pronouncements
Disclosure on fair values of financial instruments.
Divergence
Some expenses reclassified without explanation.
Change
Adjustments to fair values of acquired business disclosed for current period and since last interims.