3700 Personal & Household Goods

Ted Baker Plc Monitor

Ted Baker Plc Annual Report 2018
CR Monitor Issue: 
2019/0617
Company covered: 
Ted Baker Plc
Period End: 
26 January, 2019
Report issued on 19 June 2019 covered the following practice issues:
Restatement
£12.1m of costs have been presented as exceptional items. Costs relating to retail asset impairments have been reclassified from administrative to distribution exceptional costs.
Pronouncements
Adoption of IFRS 9 Financial instruments and IFRS 15 Revenue from Contracts with Customers with effect from 1 January 2018.
Pronouncements
Detailed disclosure in respect of the future impact of IFRS 16 Leases.
Change
Acquisition of a footwear business for cash consideration of £20.3 million.
Change
Disclosures on critical accounting judgements and key sources of estimation uncertainty are extended.
Change
New key audit matters are included in the auditors’ report.

Reckitt Benckiser Group Plc Monitor

Reckitt Benckiser Group Plc Annual Report 2018
CR Monitor Issue: 
2019/0611
Company covered: 
Reckitt Benckiser Group Plc
Period End: 
31 December, 2018
Report issued on 13 June 2019 covered the following practice issues:
Restatement
The segmental information has been restated to reflect changes in the presentation of reportable segments.
Pronouncements
Adoption of IFRS 9 Financial instruments with effect from 1 January 2018.
Pronouncements
Adoption of IFRS 15 Revenue from Contracts with Customers with effect from 1 January 2018.
Change
Disclosure for implementation of restructuring plan RB 2.0.
Change
Disclosure is provided on the recent High Court ruling on equal guaranteed minimum pensions.
Change
Inclusion of a new key audit matter in the auditor’s report.

Unilever Group Monitor

Unilever Group Annual Report 2018
CR Monitor Issue: 
2019/0510
Company covered: 
Unilever Group
Period End: 
31 December, 2018
Report issued on 13 May 2019 covered the following practice issues:
Restatement
IAS 29 Financial Reporting in Hyperinflationary Economies is applied when accounting for Argentinian operations.
Pronouncements
Adoption of IFRS 9 Financial instruments, and IFRS 15 Revenue from contracts with customers.
Pronouncements
Extended disclosure is included in respect of the future expected impacts of IFRS 16 Leases including quantification.
Change
Recognition of an intangible asset impairment charge.
Change
The reporting segments are altered to reflect a change in management structure.

Electrolux AB Monitor

Electrolux AB Annual Report 2018
CR Monitor Issue: 
2019/0501
Company covered: 
Electrolux AB
Period End: 
31 December, 2018
Report issued on 02 May 2019 covered the following practice issues:
Pronouncements
Restatement of comparative amounts following adoption of IFRS 15 Revenue from Contracts with Customers and IFRS 9 Financial Instruments.
Pronouncements
Extended disclosure on the expected impact of IFRS 16 Leases adoption.
Change
Disclosure of new key audit matters included in the Auditor’s Report.
Change
Discussion on contingent assets expected to be recognised in upcoming years.
Change
Additional information disclosed for associates presented in a tabular format.

Vonovia SE Monitor

Vonovia SE Annual Report 2018
CR Monitor Issue: 
2019/0424
Company covered: 
Vonovia SE
Period End: 
31 December, 2018
Report issued on 29 April 2019 covered the following practice issues:
Pronouncements
Adoption of IFRS 9 “Financial instruments” and IFRS 15 “Revenue from contracts with customers” from 1 January 2018.
Pronouncements
Extended disclosure in respect of the expected impact of IFRS 16 “Leases”.
Change
Disclosure in relation to a newly identified reportable segment
Change
Extended disclosures in respect of foreign currencies.
Change
Extended disclosures in respect of intangible assets.
Change
Disclosure of post balance sheet events.

Redrow Plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2019/0422
Period End: 
31 December 2019
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
3728 Home Construction
Auditor: 
PricewaterhouseCoopers
Pronouncements
IFRS 9 Financial Instruments and IFRS 15 Revenue from contracts with customers are both adopted from 1st July 2018.
Change
Disclosure of material changes to principal risks and uncertainties.

Koninklijke Philips NV Monitor

Koninklijke Philips NV Annual Report 2018
CR Monitor Issue: 
2019/0412
Company covered: 
Koninklijke Philips NV
Period End: 
31 December, 2018
Report issued on 16 April 2019 covered the following practice issues:
Restatement
Recognition of a change in the segmental reporting structure including restatement of the prior year comparatives.
Pronouncements
Adopted IFRS 9 Financial Instruments (IFRS 9) and IFRS 15 Revenue from contracts with customers (IFRS 15) from 1st January 2018.
Pronouncements
Disclosures included in respect of the future impact of IFRS 16 Leases effective for accounting periods starting on or after 1 January 2019.
Change
Change in allocation of goodwill to cash generating units for impairment purpose.
Change
A quantified sensitivity analysis regarding accounting estimates and judgements in respect of the fair value of contingent consideration payable has been included in the Report this year.
Change
Disclosure in respect of post-balance sheet events has been included in the report.

McCarthy & Stone Plc Monitor

McCarthy & Stone Plc Annual Report 2018
CR Monitor Issue: 
2019/0411
Company covered: 
McCarthy & Stone Plc
Period End: 
31 August, 2018
Report issued on 16 April 2019 covered the following practice issues:
Restatement
Prior year comparative cash flow statement restated following an enquiry by the Financial Reporting Council (FRC).
Pronouncements
Added disclosure as to the expected future impact of adopting IFRS 9 Financial Instruments
Pronouncements
Added disclosure as to the expected future impact of adopting IFRS 15 "Revenue from contracts with customers"
Change
Extended disclosure in respect of alternative performance measures.
Change
Disclosure of a sensitivity analysis in relation to the assumptions applied when assessing goodwill for impairment.

Pandora A/S Monitor

Pandora A/S Annual Report 2018
CR Monitor Issue: 
2019/0414
Company covered: 
Pandora A/S
Period End: 
31 December, 2018
Report issued on 15 April 2019 covered the following practice issues:
Pronouncements
Restatement of comparative amounts in the statement of financial position due to changes in disclosure requirements following adoption of IFRS 15 Revenue from Contracts with Customers.
Pronouncements
Implementation of new disclosures following adoption of IFRS 9 Financial Instruments.
Pronouncements
Extended disclosure on the future expected impacts of IFRS 16 Leases adoption.
Change
Disclosure of a sensitivity analysis in respect of movements in currency rates and commodity prices.
Change
Disclosure on acquisitions made after the balance sheet date.

Crest Nicholson Holdings Plc Monitor

Crest Nicholson Holdings plc Annual Report 2018
CR Monitor Issue: 
2019/0408
Company covered: 
Crest Nicholson Holdings plc
Period End: 
31 October, 2018
Report issued on 09 April 2019 covered the following practice issues:
Pronouncements
Additional disclosures have been made in the Report on the impact of IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers and IFRS 16 Leases.
Change
A retirement benefit surplus and contingencies related to guaranteed minimum pension amounts have been recognised in the Report and further details disclosed.
Change
A quantified sensitivity analysis regarding key accounting estimates and judgments has been included in the Report this year.