5000 Consumer Services

WH Smiths Plc Monitor

WH Smiths Plc Annual Report 2018
CR Monitor Issue: 
2019/0206
Company covered: 
WH Smiths Plc
Period End: 
31 August, 2018
Report issued on 19 February 2019 covered the following practice issues:
Pronouncements
Additional disclosure in respect of the expected impact of new accounting standards including IFRS 9 “Financial instruments”, IFRS 15 “Revenue from contracts with customers” and IFRS 16 “leases”.
Change
Exceptional non-underlying items including restructuring costs highlighted on the face of the income statement.
Change
Non-underlying items identified as a new key audit matter.
Change
Disclosure in respect of business acquisition made during the year.
Change
Disclosure made in respect of post balance sheet share buyback

Marston's plc Monitor

Marston's plc Annual Report 2018
CR Monitor Issue: 
2019/0207
Company covered: 
Marston's plc
Period End: 
30 September, 2018
Report issued on 19 February 2019 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the expected future impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers", and IFRS 16 "Leases".
Restatement
Change in segmental reporting structure with restatement of comparative information.
Change
Recognition of significant impairment.
Change
Reclassification of certain properties from Level 2 to Level 3 of fair value hierarchy.
Pronouncements
Presentation of a reconciliation of movements in net debt following adoption of an amendment to IAS 7 "Statement of cash flows".
Change
Extended disclosure of principal risks including identification of new risk factors.

Kingfisher plc Monitor

Kingfisher plc Annual Report 2018
CR Monitor Issue: 
2019/0122
Company covered: 
Kingfisher plc
Period End: 
31 January, 2018
Report issued on 31 January 2019 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the expected future impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers", and IFRS 16 "Leases".
Change
Discussion of key audit matters in the audit report refined including concentration on the impairment testing of French operations.
Change
Detailed disclosure in respect of business acquisition made during the year.
Change
Disclosure of post balance sheet restructuring plan.
Change
Recognition of a tangible fixed asset impairment reversal.

Go-Ahead Group plc Monitor

Go-Ahead Group plc Annual Report 2018
CR Monitor Issue: 
2019/0116
Company covered: 
Go-Ahead Group plc
Period End: 
30 June, 2018
Report issued on 29 January 2019 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the expected impact of IFRS 9 "Financial instruments".
Change
Extended disclosure in respect of reporting segments
Change
Recognition of a defined benefit pension gain following an inflation index change.
Change
Recognition of goodwill and tangible asset impairments.
Pronouncements
Adoption of a multi-column income statement format highlighting exceptional items.
Change
Extended disclosure in relation to key sources of estimation linked to contract and franchise accounting.

Mitchells & Butlers plc Monitor

Mitchells & Butlers plc Annual Report 2018
CR Monitor Issue: 
2019/0120
Company covered: 
Mitchells & Butlers plc
Period End: 
29 September, 2018
Report issued on 15 January 2019 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenues from contracts with customers", IFRS 9 "Financial instruments", and IFRS 16 "Leases".
Change
Discussion on a new key audit matter added in the auditor’s report.
Pronouncements
Presentation of a reconciliation of movements in net debt following adoption of an amendment to IAS 7 "Statement of cash flows".
Change
New note added after acquisition of two associates.
Change
Disclosure of main risks linked to defined benefit pension scheme.
Change
Difference in number of reported weeks.

Halfords Group plc Monitor

Halfords Group plc Annual Report 2018
CR Monitor Issue: 
2019/0114
Company covered: 
Halfords Group plc
Period End: 
30 March, 2018
Report issued on 22 January 2019 covered the following practice issues:
Pronouncements
Early adoption of IFRS 9 “Financial Instruments”.
Pronouncements
Extended disclosure of the future expected impacts of IFRS 15 “Revenue from Contracts with Customers” and IFRS 16 "Leases".
Change
Disclosure of two new share-based payment plans.
Restatement
Recognition of a prior year restatement in respect of lease commitments and reclassification between intangible and tangible assets.

J D Wetherspoon plc Monitor

J D Wetherspoon plc Annual Report 2018
CR Monitor Issue: 
2019/0108
Company covered: 
J D Wetherspoon plc
Period End: 
29 July, 2018
Report issued on 14 January 2019 covered the following practice issues:
Restatement
Deferred tax liability restated following a review of assets that are subject to tax relief.
Change
Restatement of deferred tax identified as a key audit matter.

Greene King plc Monitor

Greene King plc Annual Report 2018
CR Monitor Issue: 
2019/0109
Company covered: 
Greene King plc
Period End: 
29 April, 2018
Report issued on 14 January 2019 covered the following practice issues:
Pronouncements
Disclosure of the impact of new standards issued or amended but not yet adopted including IFRS 9 “Financial Instruments”, IFRS 15 “Revenue from Contracts with Customers”, and IFRS 16 “Leases”.
Restatement
Change in presentation of pension assets and liabilities on the face of balance sheet.
Pronouncements
Presentation of a reconciliation of movements in net debt following adoption of an amendment to IAS 7 "Statement of cash flows".
Restatement
Restatement of non- cancellable operating lease commitments for comparative period.
Restatement
Reclassification of asset categories within tangible assets.
Change
Extended disclosure of principal risks including identification of new risk factors.

Dixons Carphone plc Monitor

Company Name Annual Report Year
CR Monitor Issue: 
2018/0101
Company covered: 
Dixons Carphone plc
Period End: 
28 April, 2018
Report issued on 8 January 2019 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impact of new accounting standards including IFRS 15 "Revenue from contracts with customers" and IFRS 16 "Leases".
Change
Changes made to segmental reporting.
Change
Disclosure made in respect of discontinued operations and assets held for sale.
Change
Restatement made in respect of headline tax charge.

Easyjet plc Monitor

Easyjet plc Annual Report 2018
CR Monitor Issue: 
2019/0103
Company covered: 
Easyjet plc
Period End: 
30 September, 2018
Report issued on 08 January 2019 covered the following practice issues:
Pronouncements
Disclosure of the impact of new standards issued or amended but not yet adopted including IFRS 15 “Revenue from Contracts with Customers”, IFRS 9 “Financial Instruments” and IFRS 16 “Leases”.
Change
Disclosure on a new key audit matter added in the auditor’s report.
Restatement
Change in presentation of income statement due to changes in categorisation of total revenue.