8980 Equity Investment Instruments

Witan Investment Trust plc Monitor

Witan Investment Trust plc Annual Report 2015
CR Monitor Issue: 
2016/0908
Company covered: 
Witan Investment Trust plc
Period End: 
31 December, 2015
Report issued on 20 September 2016 covered the following practice issues:
Pronouncements
Extended disclosure on directors’ remuneration including clawback and malus provisions.
Change
Maturity analysis of future minimum operating lease payments is presented following renegotiation of lease term.
Pronouncements
Introduction of viability statement looking forward for five years.

Law Debenture Corporation p.l.c. Monitor

Law Debenture Corporation p.l.c. Annual Report 2015
CR Monitor Issue: 
2016/0902
Company covered: 
Law Debenture Corporation p.l.c.
Period End: 
31 December, 2015
Report issued on 24 June 2016 covered the following practice issues:
New
Disclosure on Fair value of independent fiduciary services (IFS) subsidiaries in order to aid overall group valuation by investors.
Change
Derivative financial instrument designated as net investment hedge.

HICL Infrastructure Company Limited Monitor

HICL Infrastructure Company Limited Annual Report 2015
CR Monitor Issue: 
2016/0211
Company covered: 
HICL Infrastructure Company Limited Monitor
Period End: 
31 March, 2015
Report issued on 26 February 2016 covered the following practice issues:
Change
Statement of changes in equity distinguishes cash and non-cash transactions with shareholders.
Pronouncements
No impact expected from Amendment to investment entities rules.
New
Business disposal results in gain of 21.9% of profit before tax.

British Empire Trust plc Monitor

British Empire Trust plc Annual Report 2015
CR Monitor Issue: 
2016/0109
Company covered: 
British Empire Trust plc
Period End: 
30 September, 2015
Report issued on 29 January 2016 covered the following practice issues:
Pronouncements
Income reclassified in primary statements, as investment entities exemption to consolidation applied.
Pronouncements
Maximum and actual leverage exposures disclosed per AIFM Directive.

Electra Private Equity plc Monitor

Electra Private Equity plc Annual Report 2015
CR Monitor Issue: 
2016/0107
Company covered: 
Electra Private Equity plc
Period End: 
30 September, 2015
Report issued on 22 January 2016 covered the following practice issues:
Pronouncements
Adoption of investment entities exemption, but no change to scope of consolidation.
Pronouncements
Viability statement under UK Corporate Governance Code 2014 looks ahead for three years.

Caledonia Investments plc Monitor

Caledonia Investments plc Annual Report 2015
CR Monitor Issue: 
2016/0105
Company covered: 
Caledonia Investments plc
Period End: 
31 March, 2015
Report issued on 22 January 2016 covered the following practice issues:
Change
Investments moved to Level 3 of fair value hierarchy, with additional disclosures on inputs and sensitivities.
New
Table cross references information required under listing rules.

Alliance Trust plc Monitor

Alliance Trust plc Annual Report 2014
CR Monitor Issue: 
2016/0104
Company covered: 
Alliance Trust plc
Period End: 
31 December, 2014
Report issued on 22 January 2016 covered the following practice issues:
Pronouncements
Investment entities exemption reduces scope of consolidation.