7535 Conventional Electricity

Red Eléctrica Corporación, S.A. Monitor

Red Eléctrica Corporación, S.A. Annual Report 2017
CR Monitor Issue: 
2018/0723
Company covered: 
Red Eléctrica Corporación, S.A.
Period End: 
31 December, 2017
Report issued on 31 July 2018 covered the following practice issues:
Pronouncements
Disclosure extended in respect of the impacts of IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Pronouncements
Presentation of a reconciliation of movements in liabilities arising form financing activities following adoption of amendment to IAS 7 "Statement of cash flows".

Fortum Oyj Monitor

Fortum Oyj Annual Report 2017
CR Monitor Issue: 
2018/0514
Company covered: 
Fortum Oyj
Period End: 
31 December, 2017
Report issued on 15 May 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of new accounting standards issued but not yet adopted including IFRS 15, IFRS 9 and IFRS 16.
Pronouncements
Disclosure of changes in liabilities arising from financing activities in line with amendment to IAS 7.
Change
Enhanced disclosure in respect of future minimum lease payments.
Change
Extended disclosure in respect of capital commitments.
Restatement
Change in the segment reporting structure.

RWE AG Monitor

Company Name Annual Report Year
CR Monitor Issue: 
2018/0408
Company covered: 
RWE AG
Period End: 
31 December, 2017
Report issued on 10 April 2018 covered the following practice issues:
Pronouncements
Additional cash flow disclosure of changes in liabilities arising from financing activities.
Pronouncements
Extended disclosure on the future impacts of new standards.
Change
Audit report extended by inclusion of additional key audit matters
Change
Change in segment analysis.
Change
Expanded risk disclosures.

SSE plc Monitor

SSE plc Annual Report 2017
CR Monitor Issue: 
2018/0313
Company covered: 
SSE plc
Period End: 
31 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Change
Equity accounting applied in respect of joint venture investment following loss of control.
Pronouncements
Disclosure of impacts of future adoption of IFRS 9 "Financial instruments".
Pronouncements
Disclosure of expected future impacts of IFRS 15 "Revenues from contracts with customers" on revenue streams.
Pronouncements
Disclosure of expected impacts in respect of future adoption of IFRS 16 "Leases".
Change
Principal risk disclosures enhanced by inclusion of risk heat map.
Change
Alternative performance measures section included in annual report.

SSE plc Monitor

SSE plc Annual Report 2016
CR Monitor Issue: 
2016/1107
Company covered: 
SSE plc
Period End: 
31 March, 2016
Report issued on 14 November 2016 covered the following practice issues:
Change
Sale of 49.9% equity share in subsidiary leads to recognition of minority interest and recognition of gain in reserves as there is no loss of control.
Change
Post balance sheet change in rights results in loss of control and reclassification of subsidiary as a joint ventures.
Change
Disclosures about changes in directors remuneration policy.
Change
Audit approach summary introduced to the audit report.
Change
Change in deprecation and related revenue recognition policy not fully explained.
Pronouncements
Disclosure of non-audit services policy in light of impending change in regulation.

Financial instruments - Vattenfall AB

Period End: 
31 December 2014
Period End Date: 
2014-12-31
Listing Status: 
Unlisted
ICB Industry Classification: 
7535 Conventional Electricity
Auditor: 
Ernst & Young

Hedge Accounting - Fortum Oyj

Period End: 
31 December, 2014
Period End Date: 
2014-12-31
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
7535 Conventional Electricity
Auditor: 
Deloitte & Touche

Drax Group plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0902
Period End: 
30 June 2015
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
7535 Conventional Electricity
Auditor: 
Deloitte
Change
Removal of climate change levy exemption expected to reduce EBITDA, with downside scenarios considered.
Restatement
Explanation given of intra-group transactions, as internal restructuring increases segmentation.
Change
Proposed reductions in corporate taxes disclosed.

SSE plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0206
Period End: 
30 September 2014
Listing Status: 
FTSE 100
ICB Industry Classification: 
7535 Conventional Electricity
Auditor: 
KPMG
Pronouncements
Joint arrangement classed as joint operation.
Pronouncements
Adoption of new rules on levies may impact future accounting policies.
Change
Assets and liabilities held for sale classed as current on the face of balance sheet.
Change
Internal corporate structuring to create distinctly audited subsidiaries disclosed.

Hedge accounting - SSE plc

Period End: 
31 March 2014
Period End Date: 
2014-03-31
Listing Status: 
FTSE 100
ICB Industry Classification: 
7535 Conventional Electricity
Auditor: 
KPMG
Annual Report: