6530 Fixed Line Telecommunications

Deutsche Telekom AG Monitor

Deutsche Telekom AG Annual Report 2016
CR Monitor Issue: 
2017/0503
Company covered: 
Deutsche Telekom AG
Period End: 
31 December, 2016
Report issued on 2 May 2017 covered the following practice issues:
Change
Change in segment reporting following the reclassification of business customer operations from one segment to another.
Change
Change in income statement format as a result of adoption of "performance-related total cost" method to present the analysis of expenses.
Pronouncements
Auditors introduce to their report a description of key audit matters.

Pensions - Swisscom

Period End: 
31 December, 2016
Period End Date: 
2016-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
6535 Fixed Line Telecommunications
Auditor: 
KPMG

Swisscom Ltd Monitor

Swisscom Ltd Annual Report 2016
CR Monitor Issue: 
2017/0405
Company covered: 
Swisscom Ltd
Period End: 
31 December, 2016
Report issued on 04 April 2017 covered the following practice issues:
Pronouncements
Disclosure of key audit matters included in audit report.
Pronouncements
Extended disclosure of the impacts of IFRS 15.
Restatement
Restatement of outstanding balances and transactions with related parties without explanation.
Change
Introduction of graphical disclosure in respect of director performance related salary components.

BT Group plc Monitor

BT Group plc Annual Report 2016
CR Monitor Issue: 
2017/0403
Company covered: 
BT Group plc
Period End: 
31 March, 2016
Report issued on 04 April 2017 covered the following practice issues:
Change
Business combination disclosures include detailed goodwill explanation and fair value information.
Change
New mobile reporting segment identified following business combination.
Change
Commissions paid to dealers identified as an area of audit focus.
Change
Disclosure of critical accounting estimates and judgements extended.
Pronouncements
Detailed disclosure on the future impacts of IFRS 15.
Change
Extended disclosure of inventory information including disaggregation.

TalkTalk Telecom Group PLC Monitor

TalkTalk Telecom Group PLC Annual Report 2016
CR Monitor Issue: 
2017/0302
Company covered: 
TalkTalk Telecom Group PLC
Period End: 
31 March, 2016
Report issued on 7 March 2017 covered the following practice issues:
Change
Statement of changes in equity divided into profit for the year, other comprehensive income and transactions with owners.
Change
Exceptional revenue credit and operating expenses recognised in respect of cyber attack.
Change
Deferred tax assets reduced following a reduction in tax rates.
Change
Derivative financial instruments reclassified from current assets to non-current assets without explanation.
Pronouncements
Full list of subsidiaries and joint ventures disclosed following a change to the Companies Act.
Change
Exceptional income recognised following change in business acquisition contingent consideration.

Cable & Wireless Communications Limited Monitor

Cable & Wireless Communications Limited Annual Report 2016
CR Monitor Issue: 
2017/0201
Company covered: 
Cable & Wireless Communications Limited
Period End: 
31 March, 2016
Report issued on 07 February 2017 covered the following practice issues:
Change
Change in ownership of the company identified as a post balance sheet event.
Restatement
Restatement of balance sheet following the finalisation of the provisional accounting for prior year business combinations.
Change
Change in segmental reporting due to a change in the organisational management structure.
Change
Disclosure of events leading to reversal of prior year impairments.
Change
Shortened audit report format following acquisition and delisting from the London stock exchange.
Change
Risk disclosures table extended to include three additional risk factors.

TalkTalk Telecom Group PLC Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0110
Period End: 
30 September 2014
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
6535 Fixed Line Telecommunications
Auditor: 
Deloitte
Change
Effect of debt refinancing on finance costs disclosed.
Change
Outstanding VAT ruling disclosed in contingent liabilities note.

Koninklijke KPN N.V. Monitor

Koninklijke KPN N.V. Annual Report 2013
CR Monitor Issue: 
2014/1004
Company covered: 
Koninklijke KPN N.V.
Period End: 
31 December 2013
Report issued on 07 October 2014 covered the following practice issues:
Change
Asset impairment, write off of irrecoverable tax and tax gain included in discontinued results.
Change
Hybrid bonds classed as 50% debt, 50% equity.
Change
Preference shares acquired by independent foundation to safeguard company's interest not classed as equity.
Pronouncements
Disclosure on offsetting financial assets and liabilities.

Deutsche Telekom AG Monitor

Deutsche Telekom Annual Report 2013
CR Monitor Issue: 
2014/0814
Company covered: 
Deutsche Telekom AG
Period End: 
31 December 2013
Report issued on 26 August 2014 covered the following practice issues:
Pronouncements
Change in accounting for termination benefits impacts pension costs and obligations.
Change
Goodwill recognised on proportionate basis in partial acquisition.
Divergence
Prospective exchange of licenses contributes to both write-down and disclosure of unexplained expected non-cash gain.
Pronouncements
Table of offset of financial assets and liabilities introduced.