8000 Financials

Nordea Bank AB Monitor

Nordea Bank AB Annual Report 2017
CR Monitor Issue: 
2018/0405
Company covered: 
Nordea Bank AB
Period End: 
31 December, 2017
Report issued on 3 April 2018 covered the following practice issues:
Pronouncements
Discussion in respect of new accounting standards issued but not yet applicable including IFRS 17 "Insurance contracts" and IFRS 15 "Revenues from contracts with customers".
Pronouncements
Detailed disclosure of expected impact of IFRS 9 "Financial instruments" inducing quantification.
Restatement
Reporting segments restated.

Danske Bank A/S Monitor

Danske Bank A/S Annual Report 2017
CR Monitor Issue: 
2018/0318
Company covered: 
Danske Bank A/S
Period End: 
31 December, 2017
Report issued on 27 March 2017 covered the following practice issues:
Pronouncements
Detailed disclosures in respect of future impacts of new standards including quantification in respect of IFRS 9 "Financial instruments".
Change
Disclosure of the impact of inter-segment transfers.
Restatement
Restatement of statement of changes in equity without explanation.

Brewin Dolphin Holdings PLC Monitor

Brewin Dolphin Holdings PLC Annual Report Year
CR Monitor Issue: 
2018/0302
Company covered: 
Brewin Dolphin Holdings PLC
Period End: 
30 September, 2017
Report issued on 06 March 2018 covered the following practice issues:
Pronouncements
Non-quantified disclosure of future impacts of new standards IFRS 16, IFRS 15 and IFRS 9.
Change
Enhanced disclosure of risks in respect of defined benefit pension scheme.
Change
Non-disclosure of revenue and profit contribution of acquired entity prior to acquisition.
Change
Tabular disclosure of principal risks extended to include discussion of two new risk areas.

Shaftesbury plc Monitor

Shaftesbury plc Annual Report 2017
CR Monitor Issue: 
2018/0301
Company covered: 
Shaftesbury plc
Period End: 
30 September, 2017
Report issued on 06 March 2018 covered the following practice issues:
Change
Profit on disposal of investment properties presented on the face of the income statement.
Change
New alternative performance measures section added to the annual report.
Pronouncements
Summarised disclosure of future impacts of new standards including quantification in respect of IFRS 16.
Restatement
Cash flow statement re-classification without full explanation.

Hargreaves Lansdown plc Monitor

Hargreaves Lansdown plc Annual Report 2017
CR Monitor Issue: 
2018/0201
Company covered: 
Hargreaves Lansdown plc
Period End: 
30 June, 2017
Report issued on 6 February 2018 covered the following practice issues:
Change
Change in financial statements format to enhance understanding.
Change
Change in segment reporting in order to present a clear and appropriate view of the business.
Change
Inclusion of table disclosing carrying amount of financial instruments and their classification.
Change
Introduction of disclosure in respect of proposed changes to directors' remuneration policy.

Daejan Holdings PLC Monitor

Daejan Holdings PLC Annual Report 2017
CR Monitor Issue: 
2017/0102
Company covered: 
Daejan Holdings PLC
Period End: 
31 March, 2017
Report issued on 2 January 2018 covered the following practice issues:
Change
Disclosure of taxation significant judgement and estimate enhanced by inclusion of quantification.
Change
Audit report enhanced by inclusion of overview section and diagrams.
Restatement
Cash payments to non-controlling interests reclassified from operating section to financing section of the cash flow statement.

RSA Insurance Group Monitor

RSA Insurance Group Annual Report 2016
CR Monitor Issue: 
2017/1206
Company covered: 
RSA Insurance Group
Period End: 
31 December, 2016
Report issued on 12 December 2017 covered the following practice issues:
Restatement
Operating activities section of cash flow statement restated following a classification review.
Restatement
Segment reporting restated following introduction of new reporting segment.
Change
Financial instrument disclosures enhanced by introduction of table in respect of netting arrangements.
Change
Disposal of legacy insurance business explained in post balance sheet events note.
Restatement
Restatement of investments considered to be a structured entity following review of the definition.
Change
Capital management disclosures enhanced by inclusion of sensitivity analysis.

Admiral Group plc Monitor

Admiral Group plc Annual Report 2016
CR Monitor Issue: 
2017/1112
Company covered: 
Admiral Group plc
Period End: 
31 December, 2016
Report issued on 28 November 2017 covered the following practice issues:
Change
Post balance sheet change in discount rate taken into account in valuation of insurance liabilities.
Change
Presentation of a sensitivity analysis in respect of discount rate applied when valuing insurance liabilities.
Restatement
Restatement of cash flow statement following reclassification.
Change
Market risk identified as a new principal risk factor.
Change
Presentation of audit report enhanced by inclusion of audit approach summary and diagrams in respect of audit scope and materiality.
New
Additional performance measures discussion introduced.

Lloyds Banking Group plc Monitor

Lloyds Banking Group plc Annual Report 2016
CR Monitor Issue: 
2017/1104
Company covered: 
Lloyds Banking Group plc
Period End: 
31 December, 2016
Report issued on 14 November 2017 covered the following practice issues:
Pronouncements
Detailed disclosure of expected impacts on adoption of new financial instruments standard.
Change
Recognition of gain in other comprehensive income following re-classification of instrument from held-to-maturity to available-for-sale.
Restatement
Restatement of segment reporting information following a change in management structure.
Change
Identification of new areas of audit focus in respect of significant transactions and privileged access to information technology.
Change
Reconciliation of movements disclosed in relation to non-life insurance contracts.

3i Group plc Monitor

3i Group plc Annual Report 2017
CR Monitor Issue: 
2017/1013
Company covered: 
3i Group plc
Period End: 
31 March, 2017
Report issued on 31 October 2017 covered the following practice issues:
Change
Statement of comprehensive income represented to disclose results of discontinued operations separately.
Restatement
Reclassification of other financial assets and liabilities from fair value through profit or loss to financial instruments at amortised cost without explanation.
Change
Disclosure of proposed changes in finance director’s shareholding requirement.
New
New infrastructure initiative identified as new principal risk factor.