5337 Food Retailers & Wholesalers

Tesco PLC Monitor

Tesco PLC Annual Report 2017
CR Monitor Issue: 
2017/0904
Company covered: 
Tesco PLC
Period End: 
25 February, 2017
Report issued on 08 September 2017 covered the following practice issues:
Change
Auditors identify "Tesco Bank payment fraud" as a risk of material misstatement.
Change
Balance sheet format altered to correctly present assets and liabilities as either current or non-current.
Change
Impairment recognised as adjusting post balance sheet event as part of discontinued operations.
New
Discussion of critical judgements introduced.
Restatement
Restatement of carrying amount of non-current liabilities within material joint venture to reflect credit risk valuation adjustments.

Ocado Group plc Monitor

Ocado Group plc Annual Report 2016
CR Monitor Issue: 
2017/0612
Company covered: 
Ocado Group plc
Period End: 
27 November, 2016
Report issued on 27 June 2017 covered the following practice issues:
Restatement
Restatement of statement of other comprehensive income brings presentation into line with IFRS.
New
Disclosure of the external-audit tender process.
Change
Tabular disclosure of principal risks extended to identify Brexit as a new principal risk factor.
Change
Disclosure of proposed changes in remuneration policy and the rationale behind the changes.

Booker Group plc Monitor

Booker Group plc Annual Report 2016
CR Monitor Issue: 
2016/1106
Company covered: 
Booker Group plc
Period End: 
25 March, 2016
Report issued on 14 November 2016 covered the following practice issues:
Change
Business combination consideration expressed on both a cash/debt free basis and a total cash consideration basis.
Change
Goodwill on business combination attributed to improved cost price synergies and logistic efficiencies.
Change
Acquisition accounting identified as a new audit risk area of material misstatement.
Change
Introduction of revised non-audit service policy.
Restatement
Financial instrument disclosures restated to exclude accruals and deferred income.

Tesco plc Monitor

Tesco PLC Annual Report 2016
CR Monitor Issue: 
2016/1104
Company covered: 
Tesco PLC
Period End: 
27 February, 2016
Report issued on 07 November 2016 covered the following practice issues:
Change
Change in the income statement format from single column to multi-column to highlight exceptional items.
Change
Gain on closure of employee benefit plan recognised as an exceptional item.
Change
Greater aggregation of reporting segments as a result of revised management reporting structure.
Change
More detailed analysis of operating, investing and financing cash flows on the face of the cash flow statement.
Divergence
Internally generated intangible assets aggregated with other intangible assets.

Etn. Fr. Colruyt NV Monitor

Etn. Fr. Colruyt NV Annual Report 2016
CR Monitor Issue: 
2016/0910
Company covered: 
Etn. Fr. Colruyt NV
Period End: 
31 March, 2016
Report issued on 27 September 2016 covered the following practice issues:
Change
Allocation of costs to individual reporting segments results in restatement.
Change
Disclosure of indefinite lived intangible assets by cash generating unit.
Restatement
Reclassification of items in cash flow statement without full explanation results in restatement.

Ocado Group plc Monitor

Ocado Group plc Annual Report 2015
CR Monitor Issue: 
2016/0306
Company covered: 
Ocado Group plc
Period End: 
29 November, 2015
Report issued on 18 March 2016 covered the following practice issues:
Pronouncements
Impending leases Standard said to apply irrespective of "substance over form" principle.
Change
Terms of lease transaction and dividend received from joint venture disclosed.
Change
Judgements and estimates to determine recognition of tax benefit considered as key area of focus.

SSP Group plc Monitor

SSP Group plc Annual Report 2015
CR Monitor Issue: 
2016/0302
Company covered: 
SSP Group plc
Period End: 
30 September, 2015
Report issued on 04 March 2016 covered the following practice issues:
New
Recognition of deferred tax asset treated as change of estimate.
New
Stress testing used to assess business viability.

Financial instruments - Colruyt NV

Period End: 
31 March 2015
Period End Date: 
2015-03-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
5337 Food Retailers & Wholesalers
Auditor: 
KPMG

Financial instruments - J Sainsbury plc

Period End: 
14 March 2015
Period End Date: 
2015-03-14
Listing Status: 
FTSE Mid 250, S&P Europe 350
ICB Industry Classification: 
5337 Food Retailers & Wholesalers
Auditor: 
PricewaterhouseCoopers

Key management remuneration - Tesco Plc

Period End: 
28 February 2015
Period End Date: 
2015-02-28
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
5337 Food Retailers & Wholesalers
Auditor: 
PricewaterhouseCoopers