3530 Beverages

A.G. BARR p.l.c Monitor

A.G. BARR p.l.c Annual Report 2016
CR Monitor Issue: 
2017/1002
Company covered: 
A.G. BARR p.l.c
Period End: 
28 January, 2017
Report issued on 03 October 2017 covered the following practice issues:
Pronouncements
Disclosure of expected impact of adoption of IFRS 16 "Leases" including quantification.
Change
Pension "curtailment" gain recognised following closure of scheme to future accrual.
New
Exceptional items highlighted in a separate column on the face of the income statement.
Change
Changes to non-audit fees policy linked to FRC ethical standard

Heineken N.V. Monitor

Heineken N.V. Annual Report 2016
CR Monitor Issue: 
2017/0810
Company covered: 
Heineken N.V.
Period End: 
31 December, 2016
Report issued on 22 August 2017 covered the following practice issues:
Pronouncements
IFRIC interpretation leads to change in presentation in respect of cash pooling arrangements.
Change
Reconciliation of non IFRS segment profit measure to profit before tax added.
Change
Proposed change to the measure of performance applied to awards made to directors under a long-term variable award plan.
Change
Disclosure of key assumption applied when calculating fair value less cost of disposal linked to fixed asset impairment.
Restatement
Restatement of figures for "raw material purchase contracts" and "other off-balance sheet obligations".

Britvic plc Monitor

Britvic plc Annual Report 2016
CR Monitor Issue: 
2017/0803
Company covered: 
Britvic plc
Period End: 
02 October, 2016
Report issued on 1 August 2017 covered the following practice issues:
Change
Change in fair value of deferred consideration between acquisition date and the year end.
Change
Past service credit and curtailment gain recognised in relation to defined benefit pension scheme.
Change
Principal risk disclosures enhanced by linkage to strategic priorities
Change
Detailed description of audit tender process.
Pronouncements
Change in the non-audit service fees policy on account of new pronouncement.
Change
Assets under construction disclosed separately within property plant and equipment note.

Carlsberg ASA Monitor

Carlsberg ASA Name Annual Report Year
CR Monitor Issue: 
2017/0602
Company covered: 
Carlsberg ASA
Period End: 
31 December, 2016
Report issued on 6 June 2017 covered the following practice issues:
Restatement
Disclosure of changes in segment presentation and proposed changes in segmentation.
Change
Change in calculation of return on invested capital.
Pronouncements
Disclosure of expected impact of implementation of new revenue standard.
Pronouncements
Disclosure of impacts of new impending leasing standard introduced.
Pronouncements
Introduction of key audit matter in auditors’ report.

Diageo plc Monitor

Diageo plc Annual Report 2016
CR Monitor Issue: 
2016/0515
Company covered: 
Diageo plc
Period End: 
30 June, 2016
Report issued on 30 December 2016 covered the following practice issues:
Change
Risks of material misstatement now described as areas of audit focus.
Change
Tabular disclosure of principal risks extended to include new risk factors in respect of International tax and Data privacy.
Change
Presentation of reconciliation of accounting profit to tax expense enhanced through extra dis-aggregation.
Change
Tabular presentation of sensitivity of carrying value of CGU’s to changes in key assumptions.
Change
Change in accounting policy in respect of cash pooling balances in line with IFRIC guidance.

Retirement Benefits-Britvic plc

Period End: 
2 October, 2016
Period End Date: 
2016-10-02
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
3537 Soft Drinks
Auditor: 
Ernst & Young

Carlsberg ASA Monitor

Carlsberg Annual Report 2015
CR Monitor Issue: 
2016/0406
Company covered: 
Carlsberg
Period End: 
31 December, 2015
Report issued on 08 April 2016 covered the following practice issues:
Restatement
Goodwill increased retrospectively following decision not to sell acquired businesses.
Change
Impairment of assets results in loss for the period.

Britvic plc Monitor

Britvic plc Annual Report 2015
CR Monitor Issue: 
2016/0203
Company covered: 
Britvic plc
Period End: 
27 September, 2015
Report issued on 12 February 2016 covered the following practice issues:
New
Change in tax rate results in decrease in deferred tax provision.
New
Information disclosed about post balance sheet acquisition.