8600 Real Estate

Grainger Plc Monitor

Grainger Plc Annual Report 2018
CR Monitor Issue: 
2019/0202
Company covered: 
Grainger Plc
Period End: 
30 September, 2018
Report issued on 12 February 2019 covered the following practice issues:
Pronouncements
New disclosure in respect of the impact of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers” and IFRS 16 “leases”.
Pronouncements
Disclosure of expected impacts of amendment to IAS 40 "Investment property".
Change
Disclosure of information in regards to the disposal of a joint venture.
Change
Presentation of a reconciliation of movements in liabilities arising from financing activities following the adoption of an amendment to IAS 7 "Statement of cash flows".
Change
Disclosure in respect of events after the reporting period.

LondonMetric Property Plc Monitor

Londonmetric Property Plc Annual Report 2018
CR Monitor Issue: 
2019/0124
Company covered: 
LondonMetric Property Plc
Period End: 
31 March, 2018
Report issued on 31 January 2019 covered the following practice issues:
Restatement
Change in segmental reporting structure with restatement of comparative information.
Pronouncements
Disclosure of the expected future 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”.
Change
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows" and change in classification of arrangement fees.
Change
Reclassification of financial arrangement fees and break costs in the cash flow statement.

Hill & Smith Holdings PLC Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2019/0107
Period End: 
30 June 2018
Listing Status: 
Europe 350
ICB Industry Classification: 
8637 Real Estate Services
Auditor: 
KPMG
Pronouncements
Adoption of IFRS 9 "Financial instruments".
Pronouncements
Adoption of IFRS 15 "Revenue from contracts with customers".
Pronouncements
Extended disclosure of the future expected impacts of IFRS 16 "Leases".

Great Portland Estates plc Monitor

Great Portland Estates Annual Report 2018
CR Monitor Issue: 
2018/1112
Company covered: 
Great Portland Estates
Period End: 
31 March, 2018
Report issued on 20 November 2018 covered the following practice issues:
Restatement
Prior period cash flow restatement following review by the financial reporting council.
Pronouncements
Presentation of a reconciliation of movements in liabilities from financing activities following adoption of an amendment to IAS 7 "Statement of cash flows"
Pronouncements
Extended disclosure in respect of the future impacts of IFRS 15 "Revenue from contracts with customers", IFRS 16 "Leases"and IFRS 9 "Financial instruments".
Change
Disclosure of reduction in corporate tax rate.
Change
Discussion of key audit matters included in audit report.
Change
Extended disclosure in respect of alternative performance measures.

Unite Group plc Monitor

Unite Group plc Annual Report 2017
CR Monitor Issue: 
2018/1110
Company covered: 
Unite Group plc
Period End: 
31 December, 2017
Report issued on 13 November 2018 covered the following practice issues:
Change
Disclosure in respect of Real Estate Investment Trust status.
Change
Discussion of key audit matters included in audit report including identification of Real Estate Investment Trust status as a key audit matter.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers", and IFRS 16 "Leases".
Restatement
Presentation changes within the note on investments in joint ventures.

Assura plc Monitor

Assura plc Annual Report 2017-18
CR Monitor Issue: 
2018/1105
Company covered: 
Assura plc
Period End: 
31 March, 2018
Report issued on 06 November 2018 covered the following practice issues:
Change
Extended disclosure showing movements in outstanding options.
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 15 "Revenue from contracts with customers" and IFRS 16 “Leases”.
Change
Discussion of key audit matters included in audit report.
Change
Separate sections outlining director and auditor responsibilities included in auditors' report.

Derwent London Monitor

Derwent London Annual Report 2017
CR Monitor Issue: 
2018/1023
Company covered: 
Derwent London
Period End: 
31 December, 2017
Report issued on 30 October 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of the impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenue from contracts with customers", and IFRS 16 "Leases".
Change
Extended disclosure of principal risks.
Change
Presentation of a reconciliation of movements in liabilities arising from financing activities following adoption of amendment to IAS 7 "Statement of cash flows".
Change
Adjustment made to Revaluation reserve due to reversal of impairment loss.

British Land Company PLC Monitor

British Land Company PLC Annual Report 2018
CR Monitor Issue: 
2018/1001
Company covered: 
British Land Company PLC
Period End: 
31 March, 2018
Report issued on 1 October 2018 covered the following practice issues:
Change
Inclusion of separate sections in the audit report discussing the responsibilities of directors and auditors.
Pronouncements
Disclosure of the impacts of IFRS 9 "Financial instruments".
Change
Presentation of a reconciliation of segment gross rental income to the consolidated revenue.
Change
Extended analysis of other investment classes.

Capital & Counties Properties PLC Monitor

Capital & Counties Properties PLC Annual Report 2017
CR Monitor Issue: 
2018/0902
Company covered: 
Capital & Counties Properties PLC
Period End: 
31 December, 2017
Report issued on 03 September 2018 covered the following practice issues:
Change
Results of discontinued operations presented in separate line on the face of the income statement.
Change
Discussion of key audit matters included in audit report.
Pronouncements
Presentation of a reconciliation of movements in liabilities arising from financing activities following the adoption of amendment to IAS 7 "Statement of cash flows".
Pronouncements
Disclosure in respect of the future impacts of new accounting standards including IFRS 9 "Financial instruments" and amendments to existing standards including IAS 28 "Investments in associates" and IAS 40 "Investment property".
Change
Extended disclosure of valuation information in respect of investment and development properties.
Restatement
Restatement of maturity analysis of future minimum lease amounts receivable to correct prior year error.

Savills plc Monitor

Savills plc Annual Report 2017
CR Monitor Issue: 
2018/0812
Company covered: 
Savills plc
Period End: 
31 December, 2017
Report issued on 21 August 2018 covered the following practice issues:
Change
Discussion of key audit matters included in audit report.
Change
Separate disclosure of director and auditor responsibilities in audit report.
Pronouncements
Presentation of a reconciliation of movements in borrowings on adoption of amendment to IAS 7 "Statement of cash flows".
Change
Extended disclosure showing movements in current and non-current deferred consideration.
Pronouncements
Extended disclosure on the expected impacts of new accounting standards including IFRS 9 "Financial instruments", IFRS 15 "Revenues from contracts with customers" and IFRS 16 "Leases".
Change
Disclosure in respect of goodwill impairment recognised.